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World Group announces acquisition of Pacific Cascade, bolsters service footprint in Pacific Northwest

AJOT | December 07, 2022 | Intermodal | Logistics | Ports & Terminals | Equipment and Tech

Today, World Group, an American-owned global transportation and logistics organization, announced the acquisition of Pacific Cascade, comprised of Pacific Cascade Distribution, LLC, and Pacific Cascade Trucking, LLC, both headquartered in Sumner, Washington.

Oil tanker jam in Bosphorus grows as sanctions snarl insurance

Bloomberg | December 07, 2022 | Energy | Maritime | Bulk
CMA CGM to upgrade its Zanzibar Feeder service

AJOT | December 07, 2022 | Maritime | Liner Shipping

CMA CGM has announced enhancement of its Zanzibar Feeder connecting Kenya with the island of Zanzibar (Tanzania).
New Stockholm Norvik Port - Eskilstuna Intermodal Terminal train link

AJOT | December 07, 2022 | Intermodal | Rail | Ports & Terminals

In January a new train service will operate five departures a week between Stockholm Norvik Port and the Eskilstuna Intermodal Terminal. This railway link will connect Stockholm Norvik to a larger railway network, offering customers more sustainable and cost-effective transport solutions.

Russian coal exports come roaring back after EU loosens curbs

Bloomberg | December 07, 2022 | Maritime | Bulk
Gebrüder Weiss now generates solar power in Switzerland

AJOT | December 07, 2022 | Energy | Alternative | Logistics

Photovoltaic system generates 40 percent of the electricity required at the Altenrhein facility / Additional solar installations cover as much as one-tenth of the electricity consumed by logistics terminals in Germany, Austria, and Switzerland
Final Boeing 747 airplane leaves Everett factory

AJOT | December 07, 2022 | Air Cargo | Freighters

The last Boeing 747 left the company's widebody factory in advance of its delivery to Atlas Air in early 2023.
Interstate Cold Storage adds information technology staff

AJOT | December 07, 2022 | Logistics

Interstate Cold Storage (ICS), a leader in frozen warehousing, shipping and distribution, announces the appointment of Connor Trast as an information technology technician. In this internal support role, Trast will ensure the company’s technical systems are operating at peak performance to safeguard against security threats and facilitate maximum employee productivity.

Southwest Airlines reinstates dividend after Coronavirus suspension

Bloomberg | December 07, 2022 | Air Cargo | Airlines
Southeastern Freight Lines’ Puerto Rico service center celebrates 25 years of service

AJOT | December 07, 2022 | Intermodal | Trucking

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, is celebrating 25 years of quality without question service at the Puerto Rico service center.
GT USA of Wilmington welcomes first Moroccan citrus vessel for the 2022-2023 season

AJOT | December 07, 2022 | Ports & Terminals

The Port of Wilmington has received its first shipment of fresh Moroccan citrus for the 2022-2023 winter fruit season.

Air France, Airbus aren’t liable for Rio crash, prosecutors say

Bloomberg | December 07, 2022 | Air Cargo | Airlines
October 2022 Freight Transportation Services Index (TSI)

AJOT | December 07, 2022 | Intermodal

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.8% in October from September, falling for the first month after two months of growth, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). From October 2021 to October 2022 the index rose 2.6%.
Gebrüder Weiss focuses on growth in Türkiye’s logistics market

AJOT | December 07, 2022 | Logistics

Transit on the Middle Corridor of the historic Silk Road continues to increase / Turkish freight forwarder 3S Transport & Logistics has been fully integrated
DHL Express adds 45 Ford E-transit vans to its Bay Area fleet

AJOT | December 07, 2022 | Energy | Alternative | Intermodal | Trucking

• New e-vehicles provide first and last-mile services in Palo Alto area • Supports DHL target to have 60% of its U.S. fleet fully electric by 2030
Hillwood welcomes premium swiss chocolate company Läderach to AllianceTexas

AJOT | December 07, 2022 | Logistics

The 42,282-square-foot warehouse will handle Läderach’s entire U.S. distribution
Container shipping to witness rate war in 2023

AJOT | December 07, 2022 | Maritime | Liner Shipping

The year 2022 was all about tight capacity and exceptionally high container rates. Towards the latter half of the year, the prices started to plummet and continue to crash as we transition into the new year, according to the market forecaster issued today by Container xChange, the online container logistics platform.

[Freightos Weekly Update] Asia - US West Coast rates dip below 2019 levels

AJOT | December 07, 2022 | Air Cargo | Freighters | Maritime | Liner Shipping

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