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US crude oil production efficiency continues year-over-year improvements

AJOT | January 24, 2020 | Energy

U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production. This share grew because of the increasing productivity of new wells that were brought online during 2019. Since 2007, the average first full month of oil production from new wells in regions tracked by the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report (DPR) has increased. The growing initial production rates have helped oil production from tight formations to increase despite the slowdowns in drilling activity when oil prices fell between 2015 and 2016. Since 2017, recovering oil prices and more efficient production from new wells have helped producers cover costs of drilling, production, and the development of new technologies.

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UTC Overseas’ COO joins College of Technology

AJOT | January 24, 2020 | Logistics

The Supply Chain & Logistics Technology Program, College of Technology, University of Houston is pleased to announce that Marco Poisler, Chief Operating Officer for Global Energy & Capital Projects, Global Executive Management Team, and Board Member, UTC Overseas, Inc. will be an Adjunct Professor this spring for a special topics course on project logistics offered to both undergraduate and graduate students in the College of Technology.

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Start of Wings For Aid world tour in Curaçao

AJOT | January 24, 2020 | Air Cargo | Technology

Reaching people in inaccessible areas to provide them with life-saving supplies is a significant issue. The Dutch start-up Wings For Aid developed an innovative approach to this ‘last-mile’ problem, designing self-landing delivery boxes for unmanned aircraft. Last week, it started its world tour in Curaçao with a demonstration flight.

Averitt releases 2020 “State of the North American Supply Chain” survey results

AJOT | January 24, 2020 | Intermodal | Logistics | Trucking

CMB’s CO2 pledge: net zero as from 2020 – zero in 2050

AJOT | January 24, 2020 | Maritime | Technology

Canada ‘will not stop’ until it has answers on Iran crash

Bloomberg | January 24, 2020 | Air Cargo

Esper signals Trump Administration debate on Huawei restrictions

Bloomberg | January 24, 2020 | International Trade

AGTC’s Friedmann says BNSF & Union Pacific need to support U.S. West Coast ports’ competitiveness

Ports & Terminals

Stas Margaronis | Top Story | January 24, 2020

AGTC’s Friedmann says BNSF & Union Pacific need to support U.S. West Coast ports’ competitiveness

Peter Friedmann, executive director of the Washington, D.C. Agriculture Transportation Coalition, says better and cheaper rail service will help U.S. West Coast ports and agricultural exporters reverse lost market share and increase competitiveness

China’s unproven antiviral solution: quarantine of 40 million

Bloomberg | January 24, 2020 | Air Cargo | Airports | Intermodal

After France truce, US faces new tax threat in EU

AJOT | January 24, 2020 | International Trade

Troubles mount for UK-US alliance ahead of trade talks

Bloomberg | January 24, 2020 | International Trade

It’s hard to pull off 3 billion trips during a pandemic

Bloomberg | January 24, 2020 | Air Cargo | Airlines

EU, China, 15 others form alliance to settle trade disputes

International Trade

Bloomberg | Top Story | January 24, 2020

EU, China, 15 others form alliance to settle trade disputes

The European Union and a group of 16 nations that includes China and Brazil are forming an alliance to settle their trade disputes using an appeals and arbitration system at the World Trade Organization to replace temporarily a process stymied by the U.S.

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China locks down 40 million people as anger grows over virus

Bloomberg | January 24, 2020 | Air Cargo | Airports

China is struggling to contain rising public anger over its response to a spreading coronavirus even as it took unprecedented steps to slow the outbreak, restricting travel for 40 million people on the eve of Lunar New Year.