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Low U.S. distillate consumption reflects slow economic activity and biofuel substitution

AJOT | April 25, 2024 | Energy

U.S. distillate consumption so far this year is lower than usual because of warm winter weather, reduced manufacturing activity, and continued substitution of biofuels in place of petroleum distillate on the U.S. West Coast (PADD 5).

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Outrider granted 11th U.S. patent for its AI-powered autonomous system

AJOT | April 25, 2024 | Logistics | Trucking

Extensive patent portfolio covers the essentials of distribution yard automation

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Future of Russian LNG industry on the rocks as sanctions impact takes hold

AJOT | April 25, 2024 | Energy

Russian oil production has remained strong despite sanctions imposed by Western countries in the wake of Russia’s invasion of Ukraine.

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Louisiana can reap job, economic benefits from offshore wind

AJOT | April 25, 2024 | Energy | Alternative

5 recommendations will help the state lead on building nationwide supply chain

US sanctions Iran-linked ships, firms, people over drone program

Bloomberg | April 25, 2024 | International Trade

EU weighs sanctions on Russian LNG projects, transshipments

Bloomberg | April 25, 2024 | Energy | Maritime | Bulk

[Freightos Weekly Update] Seizure of MSC ship by Iran latest challenge to container market

AJOT | April 25, 2024 | Air Cargo | Freighters | Maritime | Liner Shipping

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Johnson Specialized Transportation named Polar Leasing Depot of the Year

AJOT | April 25, 2024 | Logistics

Polar Leasing Company, Inc. (PLC) the leading provider of electric, ground-ready outdoor rental walk-in freezer and refrigerated units, announces Johnson Specialized Transportation as the recipient of its 2023 Dealer of the Year award.   

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Boeing prosecutors aim to decide criminal charge by early June

Bloomberg | April 25, 2024 | Air Cargo | Airlines

The US Justice Department could decide by the first week of June whether to tear up its controversial deferred-prosecution agreement with Boeing Co., according to lawyers for the families of people killed in two crashes of 737 Max jets.

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Dollar wrecking ball forces investors to seek cover in exporters

Bloomberg | April 25, 2024 | International Trade

The surging dollar has hurt stocks outside the US but one group at least stands to gain: companies that export to the world’s largest economy.

Blinken raises US concerns on unfair trade practices in China
International Trade
Bloomberg | Top Story | April 25, 2024

Blinken raises US concerns on unfair trade practices in China

Secretary of State Antony Blinken raised concerns over unfair trade practices in the world’s No. 2 economy as he began talks in China, with the threat of US sanctions on Beijing for its support of Russia looming over his visit.
Wizz Air narrows full-year profit target amid engine issues

Bloomberg | April 25, 2024 | Air Cargo | Airlines

AirAsia plans new listing with $1.4 billion merger of units

Bloomberg | April 25, 2024 | Air Cargo | Airlines | Intermodal

India’s IndiGo gets into longhaul game with Airbus A350 deal

Bloomberg | April 25, 2024 | Air Cargo | Airlines

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