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Anheuser-Busch to deploy 21 BYD electric trucks

AJOT | October 07, 2019 | Intermodal | Trucking

Anheuser-Busch, CTE, and ENGIE announced that Anheuser-Busch will be deploying 21 BYD battery electric trucks in their California fleet as part of a state project to showcase economically and environmentally sustainable warehousing and distribution technology.

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Mesilla Valley Transportation chooses Platform Science as comprehensive solution

AJOT | October 07, 2019 | Intermodal | Shipping Technology | Trucking

MVT will deploy the open IoT telematics platform to entire fleet

Johnson calls EU leaders in plea for compromise
International Trade
Bloomberg | Top Story | October 07, 2019

Johnson calls EU leaders in plea for compromise

Boris Johnson is calling his counterparts in the European Union as he tries to convince the bloc to accept his latest proposals for the Irish border with the clock ticking down to his Oct. 31 deadline for leaving. A court in Scotland will rule if the prime minister can be forced to obey a law passed by Parliament last month requiring him to seek a delay if he can’t reach a deal.
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Flaring stays near record-high in the Permian

AJOT | October 07, 2019 | Energy

Flaring and venting in the Permian Basin has stabilized in the range of 600 million to 650 million cubic feet per day (MMcfd), according to Rystad Energy’s preliminary data for the third quarter of 2019.

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Sovcomflot’s new Arctic shuttle tanker named Mikhail Lazarev after pioneering Russian explorer

AJOT | October 07, 2019 | Maritime | Bulk

On 6 October 2019, a naming and flag raising ceremony was held in Vladivostok for Sovcomflot’s latest Arctic shuttle tanker.

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Mersey maritime sector holds export hope for Uk economy

AJOT | October 07, 2019 | Ports & Terminals | Ports

The shipping heritage of Liverpool City Region (LCR) could provide a major boost to the UK’s economic prospects post-Brexit according to a major new report. Mersey Maritime, working with Maritime UK and the Centre for Economics and Business Research (CEBR), commissioned the report to determine how important the region’s maritime industry is to the national economy and the LCR. The report found that the maritime sector clustered around the Mersey directly drove just under £2.0 billion in domestic output through business turnover in 2017. Compared to 2010, LCR’s domestic output levels across the sector have grown by 118 per cent – approximately £1 billion. It also produced £650 million in GVA and 7,899 jobs in the LCR in 2017, making it the UK’s stand out region compared with a national report published last month by Maritime UK. LCR also outperformed the UK average GVA per employee. In 2017, LCR maritime productivity stood at £81,461, while the UK average sat at £54,330. Maritime Minister Nusrat Ghani said: “This report clearly shows the vital role the UK’s maritime sector plays in our daily lives – keeping things moving 24/7 and helping the economy thrive. Liverpool City Region is a prime example, with the industry estimated to have driven almost 8,000 jobs and £2 billion in 2017. To continue this success, we recognise the need to rise to the commercial challenges of our time - our landmark Maritime 2050 strategy, along with our strong partnerships with industry will help the sector continue to flourish.” The new report, The Economic Contribution of the Maritime Sector in the Liverpool City Region, also found that: · For every £1 generated by the maritime sector in the LCR, the wider economy benefits by £2.64 · The maritime sector is a growing one for the LCR, with a growth forecast for 2019-2023 of 16 per cent cumulative · 52,000 jobs across the region are related to the maritime supply chain, while 7,900 are direct jobs supported by the sector · Marine engineering and scientific industry grew the most (158 per cent between 2010 and 2017) The maritime sector supports other major sectors of the economy, such as offshore oil, gas and renewable energy, as well as automotive exports. For the purposes of the report the maritime sector has been defined as consisting of the ports, shipping, leisure marine, marine engineering, and scientific and maritime business services industries. It excludes other aspects of the supply chain sector. Exports potential on the horizon The report explains that the footprint of the maritime sector in the LCR is extensive and diverse, spread across areas of transport, infrastructure, training, business services and equipment manufacturing. Within these sub-sectors are goods and services which are highly exportable, giving renewed hope for the UK’s export potential in a post-Brexit trading landscape. The LCR report follows on from the national report produced by CEBR and Maritime UK which showed that the maritime sector contributes £46.1 billion to the UK economy – an £8.3 billion increase since 2010. Published on 11 September, the ‘State of the Maritime Nation’ report found that the maritime sector in the UK is bigger than both the automotive and aerospace industries in terms of its financial contribution and is central to the country’s national prosperity. Chris Shirling-Rooke, CEO of Mersey Maritime, said: “The national report showed the industry to be a massive contributor to the economic wellbeing of the UK and the findings of this new report have confirmed how significant the LCR contribution is within that. It’s even more remarkable considering that they exclude non-maritime logistics operations. These positive findings are a real vote of confidence in the dynamism and hard work of the people Mersey Maritime deal with on a day to day basis, our members.” In September, Liverpool City Region Metro Mayor Steve Rotheram announced a £75m fund to be used to attract new businesses to Liverpool City Region and support existing Mersey businesses, many of which are directly involved in the maritime industry. The fund will include a £20m loan fund for local businesses to invest in creating jobs and boosting productivity, and £15m to support SMEs in the event of a No Deal Exit from the European Union. Commenting on the report, Steve Rotheram, Metro Mayor of the Liverpool City Region, says: “We have always been a trading nation and the maritime sector is the backbone that still facilitates almost all of that trade, with 95% of what we import and export transported by ship. “Historically, we are one of the great world ports, and the Liverpool City Region’s maritime sector is booming, with growth of 118% since 2010, directly driving £2 billion in domestic output. “As we look towards the future, we need to ensure that we maximise the economic opportunities presented by one of our most valuable assets - our westward facing Atlantic port.” The largest port operator in the LCR, Peel Ports has made significant investment across the region in recent years, including at the Port of Liverpool. Mark Whitworth, CEO at Peel Ports, said: “The maritime sector is an enabler of trade, ensuring the supply of energy, food and commodities – the import and export of which is crucial for other UK businesses to thrive. As we look ahead to a post-Brexit trading future, Liverpool is not only strategically located for imports and exports, it has the relevant investment and infrastructure to make it the UK’s most important and valuable trade link with the rest of the world.”

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Sulzer offers MIXPAC MixCoat cartridge-based 2-component dispensing system for railway applications

AJOT | October 07, 2019 | Intermodal | Rail

Sulzer Mixpac USA, Inc., the leading innovator of 2-component adhesive dispensing systems, offers the MIXPAC MixCoat cartridge-based system for a variety of railway applications, including stripe coating of rail car exteriors and application of 100 percent solid epoxy linings for tanker cars.

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Konecranes appoints Rob Smith as President and CEO

AJOT | October 07, 2019 | Ports & Terminals | Equipment and Tech | People | Appointments

The Board of Directors of Konecranes Plc has appointed Rob Smith as President and CEO of Konecranes effective February 1, 2020. As of today, the company's CFO, Teo Ottola, who also serves as Deputy CEO, will be acting as the interim CEO until Rob Smith starts in the position.

Oil edges higher as market eyes trade talks later this week

Bloomberg | October 07, 2019 | International Trade

Taiwan’s exports unexpectedly fall because of China dropoff
International Trade
Bloomberg | Top Story | October 07, 2019

Taiwan’s exports unexpectedly fall because of China dropoff

Taiwan’s exports registered an unexpected contraction in September as rising shipments to the U.S. and Japan were not enough to offset a steep fall in trade with China.
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American railroads are already in recession with no end in sight

Bloomberg | October 07, 2019 | Intermodal | Rail

This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.

Hong Kong activists urge new rallies as stricken city cleans up

Bloomberg | October 07, 2019 | International Trade

Oil keeps falling on signs trade talks won’t bring demand relief

Bloomberg | October 06, 2019 | International Trade

China’s gold-buying spree tops 100 tons during trade war

Bloomberg | October 06, 2019 | International Trade

Fed’s George sees no need to ease unless slowdown deepens

Bloomberg | October 06, 2019 | International Trade

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China narrows scope for trade deal with U.S. ahead of talks

Bloomberg | October 06, 2019 | International Trade

Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce.

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