AJOT | January 07, 2025 | International Trade
The U.S. monthly international trade deficit increased in November 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $73.6 billion in October (revised) to $78.2 billion in November, as imports increased more than exports. The goods deficit increased $5.4 billion in November to $103.4 billion. The services surplus increased $0.9 billion in November to $25.2 billion.
Reuters | January 07, 2025 | Trucking
Aurora Innovation's shares rose 38% in premarket trading on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy self-driving trucks.
Reuters | January 07, 2025 | International Trade
The U.S. trade deficit widened in November, likely as businesses worried about President-elect Donald Trump's threats to raise tariffs on foreign goods front-loaded imports, more than offseting a surge in exports to a record high.
AJOT | January 07, 2025 | Logistics
Proteins, vegetables and fruits, processed foods and ingredients to fill the warehouse.
Reuters | January 07, 2025 | Energy
Advisers to U.S. President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses, fearing rapid approvals will only get overturned in court, according to two sources familiar with the discussions.
U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to prop its natural gas liquid bet.
Reuters | January 07, 2025 | Green Shipping
Automakers facing tougher European Union 2025 emissions rules are planning to buy carbon credits from electric vehicle companies including Tesla and Polestar to avoid hefty fines, an EU filing showed on Tuesday.
Hess CEO John Hess on Tuesday said he sees the oil market as closer to being balanced than oversupplied this year, despite worries about demand from China and greater production from U.S. and non-OPEC producers.
Reuters | January 07, 2025 | International Trade | Commodity
A Shein representative declined to provide a direct answer when asked by a British parliamentary committee on Tuesday whether the online fast-fashion retailer uses cotton from China or from its Xinjiang province, a key issue for potential investors concerned about its supply chain.
AJOT | January 07, 2025 | Maritime | Bulk
AJOT | January 07, 2025 | Intermodal | People | Appointments
IICL President, Dennis Lombardi, announced that Katherine McCabe, President and Chief Executive Officer of CAI, has been elected to the position of Chairperson of the IICL for 2025, succeeding Daniel Walsh, President and Chief Executive Officer of TRAC Intermodal.
AJOT | January 07, 2025 | Trucking | People | Appointments
Plus, a global leader in autonomous driving software solutions, has appointed Earl Adams Jr., Esq., as its Vice President of Public Policy and Regulatory Affairs.
AJOT | January 07, 2025 | Air Cargo | Technology
Marking its first operation as a drone service provider, A2Z Drone Delivery launched a first-of-its kind multi-use network of drone docks to support urban BVLOS waterway patrols for the Anji Bureau of Water Resources and local retail deliveries.
AJOT | January 07, 2025 | Maritime | Liner Shipping
MSC plans to adjust its capacity in line with the slowdown in demand on its Asia to USA routes due to the Chinese New Year period.
AJOT | January 07, 2025 | Intermodal | Ports & Terminals | Equipment and Tech | People | Appointments
AJOT | January 07, 2025 | Air Cargo | Freighters
The somewhat different annual review of Lufthansa Cargo
AJOT | January 07, 2025 | Energy | Alternative
© Copyright 1999–2025 American Journal of Transportation. All Rights Reserved
