Transportation News, Logistics, Ports and Trade

White House would consider cutting China tariffs as part of talks, source says

Reuters | April 23, 2025 | International Trade

The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be made unilaterally.

UP Railroad announces ratified agreement with National Conference of Firemen & Oilers

AJOT Newsroom | April 23, 2025 | Intermodal | Rail

Union Pacific has announced members of the National Conference of Firemen and Oilers (NCFO) ratified a five-year agreement with Union Pacific Railroad.

EU exports to US surge by 22.4% in February

Reuters | April 23, 2025 | International Trade

European Union exports to the United States increased by 22.4% in February compared to the previous year, Eurostat data showed on Wednesday, marking the highest exports growth rate in 13 months and totalling 51.8 billion euros.

Tariffs may mean more US steel jobs. Will there be workers to fill them?

Reuters | April 23, 2025 | International Trade | Commodity

Thomas Reisinger commutes almost an hour-and-a-half each way for a job in a cavernous steel processing plant here.

Signal Ocean Dry Weekly Market Monitor - Week 17, 2025

AJOT Newsroom | April 23, 2025 | Maritime | Bulk

The first quarter of 2025 has shown mixed signals in China's dry bulk import profile, reflecting commodity-specific trends and the broader strategic shifts underway amid the U.S.-China trade war.

Crowley mariners honored for heroic rescues by American Waterways Operators

AJOT Newsroom | April 23, 2025 | Maritime

The American Waterways Operators (AWO) has awarded Crowley mariners serving on the Crowley-managed containership Potomac Express and the company’s LNG-powered container/roll on-roll off vessel El Coqui with the Honor & Excellence in Rescue Operations (HERO) Awards.

Baker Hughes forecasts drop in producer spending as tariffs pinch demand

Reuters | April 23, 2025 | Energy

U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand expectations and push down prices for crude.

OPEC+ to consider another accelerated oil output increase for June

Reuters | April 23, 2025 | Energy

Boeing tackles US-China trade threat, shares rise on smaller-than-expected loss

Reuters | April 23, 2025 | Air Cargo | Airlines | International Trade

Boeing's CEO pledged on Wednesday to protect the U.S. planemaker's recovery from the effects of a U.S.-China trade war, after reporting a smaller-than-expected quarterly loss and higher jet output that boosted shares by 6% in midday trade.

US, China tariffs need to fall for trade talks to start, Bessent says

Reuters | April 23, 2025 | International Trade

Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and China will have to come down before trade negotiations can proceed.

Wabash and UP.Labs to modernize transportation manufacturing with AI-powered tools

AJOT Newsroom | April 23, 2025 | Intermodal | Shipping Technology

Wilson adopts Tilla Technologies to optimise crew change operations across one of Europe’s largest short sea fleets

AJOT Newsroom | April 23, 2025 | Maritime | Technology

Tilla Technologies today announces that Wilson, one of Europe’s largest short sea shipping companies, will use its software to manage all crew changes across 101 vessels in its fleet.

Damen Shipyards Group signs MoU with Square Port Shipyard to build Damen vessels in India

AJOT Newsroom | April 23, 2025 | Maritime

The agreement continues Damen’s expansion into the subcontinent

Saudi Arabia slashes crude burn, taps gas for power generation by 2030

AJOT Newsroom | April 23, 2025 | Energy

Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy mix.

International Trade

Stas Margaronis | April 23, 2025

Nikkei Asia’s Moriyasu says some Trump tariffs are a “consumption tax”

“Three different types of tariffs institute a "de facto consumption tax “

Total Movements completes high-stakes steel plant cargo shipment from China to India

AJOT Newsroom | April 23, 2025 | Project / Heavy Lift | Maritime Project

Total Movements, member to the Worldwide Project Consortium (WWPC) in India, has successfully executed a complex port-to-port shipment of over 10,000 cbm of critical break bulk cargo for a major Steel Plant project in India.

With Globalsat Group, VLI brings new connectivity solutions to locomotives

AJOT Newsroom | April 23, 2025 | Intermodal | Rail

Globalsat Brasil, a local affiliate of Globalsat Group, a leader in satellite telecommunications solutions, is leading the modernization of communications for the locomotives of VLI Logística in partnership with Viasat, Inc. (NASDAQ: VSAT). The initiative is part of a ten-year project aimed at modernizing railway operations across Brazil.

Kidder Mathews taps Mastro to lead asset services in Southern California

AJOT Newsroom | April 23, 2025 | Logistics | People | Appointments

Kidder Mathews has appointed David Mastro as Senior Vice President and Market Leader for the firm’s Asset Services division in Southern California. Mastro brings more than 35 years of experience in commercial real estate asset management and operations to his new role.

KLN opens new logistics facility in the Netherlands to meet growing e-commerce demand in the EMEA region

AJOT Newsroom | April 23, 2025 | Logistics

KLN Logistics Group Limited has opened a new 61,000 sq ft bonded logistics facility in the Netherlands (the ‘Hoofddorp facility’) by upgrading its Hoofddorp site to a new warehouse and processing facility, to boost its capabilities in the Europe, the Middle East and Africa (‘EMEA’) region and meet the rising demand for e-commerce capacity.