Transportation News, Logistics, Ports and Trade

K&B Transportation, Inc. installs E-SMART into entire fleet

AJOT Newsroom | May 07, 2024 | Trucking

K&B adopts E-SMART dynamic speed management technology to improve safety...

Millions in costs due to discharge of scrubber water into the Baltic Sea

AJOT Newsroom | May 07, 2024 | Maritime

Discharge from ships with so-called scrubbers cause great damage to the Baltic Sea. A new study from Chalmers University of Technology, Sweden, shows that these emissions caused pollution corresponding to socio-economic costs of more than EUR 680 million between 2014 and 2022...

Metthatug, the world’s first tugboat to run on methanol will be launched on May 14th

AJOT Newsroom | May 07, 2024 | Energy | Alternative

Port of Antwerp-Bruges and FASTWATER would like to invite you to the official launch of Metthatug , the first methanol-powered tugboat in the world. This event will take place on Tuesday, May 14, 2024, at 9:30 AM at the Port House in Antwerp...

Philippine Ports Authority hands over ICPC to VCT

AJOT Newsroom | May 07, 2024 | Ports & Terminals | Ports

The Philippine Ports Authority (PPA) officially handed over the management and operation of the Iloilo Commercial Port Complex (ICPC) to Visayas Container Terminal (VCT) in a ceremony last 6 May 2024...

UPS CFO Newman departs

AJOT Newsroom | May 07, 2024 | Logistics

Newman will be leaving to focus on personal health, and the company is initiating a search for a new Chief Financial Officer...

A Stock Trader’s Guide to Xi’s Europe visit amid trade tensions

Bloomberg | May 07, 2024 | International Trade

Chinese businesses from electric vehicles to infrastructure have much at stake from President Xi Jinping’s visit to Europe this week as trade tensions simmer.

Boeing faces FAA probe of Dreamliner inspections, records

Bloomberg | May 06, 2024 | Air Cargo | Airlines

Container xChange market forecaster: Rising volatility in China’s container market as sellers hold back inventory amid uncertainty

AJOT Newsroom | May 06, 2024 | Maritime | Liner Shipping

• ‘Significant volatility in container rates in China, new prices almost every 48 hours’, comments container traders in China • Container xChange data shows container leasing rates Ex China to US and to Europe continue to rise through April • Survey: Depots in the US and Europe reported higher utilization rates; equipment usage fees and storage space rental costs increasing for majority of depot owners since the Houthi attacks in November.

Key regulators express support for Norfolk Southern’s leadership and strategy and concerns with Ancora’s plan

AJOT Newsroom | May 06, 2024 | Intermodal | Rail

The WestJet Group and AMFA reach tentative agreement, averting work stoppage

AJOT Newsroom | May 06, 2024 | Air Cargo | Airlines

Both parties now await the ratification vote to be put forward to membership.

Port operator ICTSI is unfazed by trade turmoil, eyes new deals

Bloomberg | May 06, 2024 | Ports & Terminals | Terminals

Philippine billionaire Enrique Razon’s International Container Terminal Services Inc. is working on as many as four new port deals, an executive said, as the company expands its global footprint despite trade disruptions.

Coresight and Jitsu research reveals 10% lift in conversion rates when retailers offer faster deliveries

AJOT Newsroom | May 06, 2024 | Shipping Technology

Maersk sees Red Sea conflict absorbing up to 20% ship capacity

Bloomberg | May 06, 2024 | Maritime | Liner Shipping

A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to avoid the Red Sea.

U.S. airlines’ March 2024 fuel cost per gallon down 2.2% from February 2024

AJOT Newsroom | May 06, 2024 | Air Cargo | Airlines | Energy

Aviation fuel consumption up 4.9% from pre-pandemic March 2019

Electric semi truck set to debut and deliver the first zero emission miles at the Port Fuel Center in GA

AJOT Newsroom | May 06, 2024 | Green Shipping | Trucking

The world’s hunger for salmon is linked to an ecological disaster

Bloomberg | May 06, 2024 | International Trade

The famous Scandinavian fish may be leading to the extinction of another and the livelihoods of the region’s small-scale fishers.

Jayud Global Logistics receives Nasdaq notification of non-compliance with listing rule

AJOT Newsroom | May 06, 2024 | Logistics

Riyadh Air teases follow-up aircraft orders ahead of 2025 debut

Bloomberg | May 06, 2024 | Air Cargo | Airlines

CAL maritime cadets advocate for a maritime career

Stas Margaronis | May 06, 2024 | Maritime

California Maritime Academy (CMA) cadets argued in favor of a maritime education and career and emphasized the need for discipline, wearing uniforms and proper appearance.