Transportation News, Logistics, Ports and Trade

October import cargo to remain strong despite three-day strike at East Coast and Gulf Coast ports

AJOT Newsroom | October 08, 2024 | Ports & Terminals

Swiss WorldCargo has resumed its contract with GLOBE AIR CARGO Bulgaria

AJOT Newsroom | October 08, 2024 | Air Cargo | Freighters

• Swiss WorldCargo has recently re-established its partnership with ECS Group GSSA, Globe Air Cargo Bulgaria • Globe Air Cargo Bulgaria hires additional team member, dedicated to work with Swiss WorldCargo • Common goal: Strong focus and expertise on high-value cargo into and out of Bulgaria

[Freightos Weekly Update] Unwind from ILA strike begins, ocean rates fall while air climbs

Turkey says exports to Palestinians surge after halting trade with Israel over Gaza war

Reuters | October 08, 2024 | International Trade

Florida ports closed, navigation restricted in South Carolina ahead of Milton

Reuters | October 08, 2024 | Ports & Terminals

Canada posts sixth straight monthly trade deficit in August

Reuters | October 08, 2024 | International Trade

Uber to launch AI assistant powered by OpenAI’s GPT-4o to help drivers go electric

Reuters | October 08, 2024 | Green Shipping | Trucking

Uber Technologies will roll out an AI assistant powered by OpenAI's technology to help drivers transition to electric vehicles, as part of its efforts to lower emissions.

China is oversupplying lithium to eliminate rivals, US official says

Reuters | October 08, 2024 | International Trade | Commodity

Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing projects, a senior U.S. official said on a visit to Portugal that has ample lithium reserves.

China targets EU brandy in EV tariff vote tit-for-tat

Reuters | October 08, 2024 | International Trade

Oil rally pauses as investors await Israeli response

Reuters | October 08, 2024 | Energy

US trade deficit narrows sharply in August

Reuters | October 08, 2024 | International Trade

Arcadium deal could power Rio Tinto’s entry into lithium supplier big league

Reuters | October 08, 2024 | International Trade | Commodity

Denmark postpones green hydrogen transmission roll-out to Germany to 2031

Reuters | October 08, 2024 | Energy | Alternative

Brazil’s Potencial to invest $109 million to turn biodiesel plant into world’s largest

Reuters | October 08, 2024 | Energy | Alternative | Green Shipping

Mohr Capital completes rail-capable industrial project in Surprise, Arizona

JLL | October 08, 2024 | Intermodal | Rail | Logistics

JLL serves as the exclusive leasing broker for just-delivered, Class A West Summit at Surprise

Chevron to sell assets for $6.5 billion to Canadian Natural Resources

Reuters | October 08, 2024 | Energy

Equinor buys 9.8% stake in offshore wind developer Orsted

Reuters | October 08, 2024 | Energy | Alternative

Air Cargo

AJOT Newsroom | October 08, 2024

Philippine Airlines ushers in new nonstop service to SEA’s largest unserved international market

Inaugural flight launches seventh new international service to begin in 2024

Chapman Freeborn conducts movement of Prague National Opera from Finland to Czech Republic

AJOT Newsroom | October 07, 2024 | Air Cargo | General

Charter operation allowed for the 185-strong orchestra to take valuable instruments onboard to ease musicians’ cargo handling concerns

Jumbo installs wind-assisted propulsion to Jumbo Jubilee in latest decarbonization move

Jumbo has announced the successful installation of two mechanical sails to the Heavy Lift Vessel (HLV) Jumbo Jubilee. The wind-assisted ship propulsion (WASP) solution is the latest in a series of innovative technologies installed to the vessel in a bid to boost fuel efficiency and cut carbon.

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