The industry's trusted trade and transportation
news resource for over 100 years

FREE Daily Newsletter

Latest News


https://www.ajot.com/images/uploads/article/Wan_Hai_AA9_Service_Calls_PhilaPort.jpg
PhilaPort – Wan Hai Lines take steps to relieve East Coast supply chain congestion

AJOT | August 18, 2022 | Ports & Terminals

New service connects US exporters with growing Asian markets

https://www.ajot.com/images/uploads/article/WorldACD_-_wk32.jpg
Air cargo tonnages and rates are both declining

AJOT | August 18, 2022 | Air Cargo | Freighters

Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the second half of July, the latest figures from WorldACD Market Data reveal.

https://www.ajot.com/images/uploads/article/PSL_Globalplex_GCD_Konecranes_Dedication.jpg
Port of South Louisiana dedicates two cranes for Globalplex dock

AJOT | August 18, 2022 | Maritime | Breakbulk News | Ports & Terminals | Equipment and Tech

Today, the Port of South Louisiana officially dedicated and named its two Konecranes Gottwald Model 6 Portal Harbor Cranes for its public facility, the Globalplex Intermodal Terminal Dock along the Mississippi River. These cranes have increased the Port’s capacity for handling bulk materials and will allow for the handling of containers and project cargo.

https://www.ajot.com/images/uploads/article/andy-li-CpsTAUPoScw-unsplash-2.jpg
With Loadsmart’s reliable contracts, shippers save up to 10% receiving 100% tender acceptance

AJOT | August 18, 2022 | Shipping Technology

Reliable Contracts, Loadsmart’s dynamic contract solution, guarantees capacity for shippers like Stanley Black & Decker during market uncertainty, all while reducing costs

https://www.ajot.com/images/uploads/article/MSC_Sequoiia_table.png
MSC trade Asia to North America schedule update for Sequoia service

AJOT | August 18, 2022 | Maritime | Liner Shipping

MSC is planning to adjust the sailing programme on its Asia to North America network in week 33. 

https://www.ajot.com/images/uploads/article/WC_port_charts.png
West coast ports’ imports send mixed signals about US demand

Bloomberg | August 18, 2022 | Ports & Terminals

Incoming container cargo to the Port of Los Angeles -- the largest in the US -- rose to the most on record for the month of July, indicating that retailers and manufacturers were still replenishing inventories heading into the second half of the year.

https://www.ajot.com/images/uploads/article/WWPC_railcar.jpg
Indian railway coach transported for testing in New York

AJOT | August 18, 2022 | Project / Heavy Lift | Maritime Project

In a joint project cooperation between Ambercor Shipping and SARR Freights, members of the Worldwide Project Consortium (WWPC) in Canada, the United States and India, arranged an urgent delivery of a railway coach to a testing facility in New York, USA with dimensions of 23,16 x 3,20 x 3,96 meters and weighing 44 metric tons.

https://www.ajot.com/images/uploads/article/FSRU_operation.jpeg
Global Maritime Services launches marine advisory for the FSRU & LNG sector

AJOT | August 18, 2022 | Energy

Global Maritime Services Ltd. (GMS) has announced the launch of its new Marine Department, a marine advisory service for the offshore oil and gas sector. Customers will be able to take advantage of GMS’s expertise to secure their Floating Storage and Regasification Unit (FSRUs) and Liquified Natural Gas (LNG) Sector ventures.

https://www.ajot.com/images/uploads/article/cart_robot.jpg
Mounting e-Commerce industry and rapid growth of retail sector to fuel need for automated guided carts, states Fact.MR

AJOT | August 18, 2022 | Logistics

According to Fact.MR, a market research and competitive intelligence provider, the global automated guided cart market is estimated at US$ 208.7 million in 2022 and is expected to expand at an impressive CAGR of 8.3% during the forecast years of 2022-2032. The market is predicted to grow rapidly along with robust demand growth for automated guided vehicles across the world.

https://www.ajot.com/images/uploads/article/Hermes_Group.PNG
New PCN member heavy transport & lifting experts, Hermes Group

AJOT | August 18, 2022 | Project / Heavy Lift | Maritime Project

Project Cargo Network announces new members in Greece with Hermes Group. The Hermes Group has two locations in Athens (Aspropyrgos and Marousi) and the company hold several ISO certifications.

https://www.ajot.com/images/uploads/article/WCI-Table_2022-08-18.jpg
Drewry World Container Index - 18 Aug

AJOT | August 18, 2022 | Maritime | Liner Shipping

Drewry’s composite World Container Index decreased by 3% to $6,223.82 per 40ft container this week.

https://www.ajot.com/images/uploads/article/Ukraine_grain_map.jpg
Ukraine’s new grain corridor is working in good news for prices

Bloomberg | August 18, 2022 | International Trade | Commodity

Ukrainian grain flows are pushing down global prices as the newly opened crop-export corridor shows initial success.

https://www.ajot.com/images/uploads/article/WESTJET__an_Alberta_Partnership.jpg
Manitoba sees stars as WestJet announces direct flights between Winnipeg and Los Angeles

AJOT | August 18, 2022 | Air Cargo | Airlines

WestJet today celebrated its newest route, with the announcement of service between Winnipeg and Los Angeles, beginning October 31, 2022. The route, which will operate three-times weekly on a year-round basis, will strengthen integral ties and convenience in transportation between Winnipeg's expanding television and film industry and the esteemed, world-renowned hub of entertainment itself, Los Angeles.

https://www.ajot.com/images/uploads/article/Pasha_Hawaii_LB.jpg
Port of Long Beach welcomes Pasha Hawaii LNG-powered ship

AJOT | August 18, 2022 | Maritime | Liner Shipping | Ports & Terminals

The Port of Long Beach on Wednesday welcomed Pasha Hawaii’s MV George III, the first container ship powered by liquefied natural gas to refuel on the West Coast. The ship’s LNG-powered engines are dramatically cleaner than those of a traditional cargo ship.

https://www.ajot.com/images/uploads/article/Descartes_chart.png
Descartes releases August report on global shipping crisis: Another record month of container imports strains major East and Gulf Coast ports

AJOT | August 18, 2022 | Ports & Terminals

Additional highlights from the report include: • The Port of Savannah had the longest wait times, with an average wait time of nearly 15 days • July TEU volumes increased by 3% from July 2021 and were up 15% from pre-pandemic July 2019 • U.S. container import volumes in July 2022 were up by 2% compared to July 2021 • The Port of LA was the busiest port in July — netting out at just upwards of 468K TEUs, up ~24K TEUs compared with June; New York/New Jersey moved from the first spot last month to the second most busiest in July, and Long Beach came in third again, but imports dropped considerably by ~24K TEUs

https://www.ajot.com/images/uploads/article/figure-1-monthly-sales-price-of-transportation-fuel.png
Record breaking increases in motor fuel prices in 2022

AJOT | August 18, 2022 | Energy | Intermodal | Road

From January to June 2022, the price of regular motor gasoline rose 49% and the price of diesel fuel rose slightly more at 55%. Fuel prices have risen since declining in early 2020 during the economic recession and the period when many states adopted stay-at-home orders in response to COVID-19 (figure 1). Fuel prices declined from June to July 2022 but remain more than twice as much as their level in early 2020.

Rhine crisis shows signs of respite as water set to rise

Bloomberg | August 18, 2022 | Ports & Terminals | Canal and Waterway

© Copyright 1999–2022 American Journal of Transportation. All Rights Reserved