American Journal of Transportation | North America's Premier Transportation News Resource

Intermodal

AJOT | Top Story | November 01, 2024

Freight railroads open national collective bargaining process

The freight rail industry’s goal is to finalize agreements that build on its strengths: providing safe, high-paying jobs with professional growth opportunities, maintaining affordable and reliable customer service and continuing to invest in infrastructure and innovation.

Ports & Terminals

Leo Ryan | Top Story | October 31, 2024

Montreal longshoremen launch second strike against Termont’s container terminals

In a new pressure tactic in a series of partial work stoppages, the union representing 1,200 longshoremen at the Port of Montreal today began an “unlimited strike” uniquely targeting Termont, which operates two terminals accounting for 40% of container cargo at Canada’s second biggest container port after Vancouver.

Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat

Reuters | October 31, 2024 | Maritime | Liner Shipping | Ports & Terminals | Canal and Waterway

A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez Canal until 2025 due to the threat of Red Sea attacks.

Lineage celebrates grand opening of next-generation automated warehouse in Hazle Township, Pa.

AJOT | October 31, 2024 | Logistics

Lineage, Inc. (the “Company”), the world’s largest global temperature-controlled warehouse REIT, celebrated the grand opening of its new, fully automated cold storage warehouse in Hazle Township, Pa. on October 29.

Brewers’ volumes disappoint as drinkers buy less beer

Reuters | October 31, 2024 | International Trade

Two of the biggest brewers, Anheuser-Busch InBev and Carlsberg, sold less than forecast in the third quarter as consumers, particularly in China, cut their spending by drinking less or choosing cheaper beer.

Woodside and Tokyo Gas in discussions over stake in US LNG project

Reuters | October 31, 2024 | Energy

Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, according to two people familiar with the discussions.

US LNG exports to rise at smallest pace since 2016

Reuters | October 31, 2024 | Energy

U.S. liquefied natural gas exports this year will rise about 2%, analysts estimate, the smallest annual increase since 2016 when the first big U.S. LNG export plant opened, launching a boom that drove the country's producers to the top of world gas exporters.

TotalEnergies Q3 income hits three-year low as refining margins plunge

Reuters | October 31, 2024 | Energy

Oil rises as fuel demand grows and OPEC+ could delay output hike, US election looms

Reuters | October 31, 2024 | Energy

PBF Energy posts weak Q3 results, set to cut $200 million of costs in 2025

Reuters | October 31, 2024 | Energy

U.S. refiner PBF Energy plans to save around $200 million in operating costs and expenditures by the end of 2025 through efforts including energy reduction and improving the efficiency of refinery turnarounds, executives said on Thursday.

US oil output hits monthly record high in August, EIA says

Reuters | October 31, 2024 | Energy

Carlyle sells holding in Tunisia-focused Mazarine Energy to CEO

Reuters | October 31, 2024 | Energy

RailPort Logistics Mobile receives CSX Select Site Platinum designation

AJOT | October 31, 2024 | Intermodal | Rail

Top transportation leaders recognized for outstanding contributions

AJOT | October 31, 2024 | Trucking

Green Shipping

AJOT | Top Story | October 31, 2024

Port Authority of New York and New Jersey selected to receive $347 million in federal funding to support zero emission equipment and infrastructure

• Funding represents largest sustainability award in Port Authority history • Grants through U.S. Environmental Protection Agency’s Clean Ports Program to jumpstart more sustainable trucks, ships, cargo handling equipment • Portion set aside to deepen relationships with key community partners around port

Statement about the negative vote by the International Trade Commission

AJOT | October 31, 2024 | International Trade | Commodity

St. Johns Ship Building secures contract with U.S. Army Corps of Engineers for construction of two (2)-stop log barges

AJOT | October 31, 2024 | Maritime | Bulk

St. Johns Ship Building, owned by Americraft Marine, proudly announces a landmark agreement with the U.S. Army Corps of Engineers (USACE) to construct two (2) 140' x 32' x 7' Stop Log Barges.

Bifrost raises $8M to accelerate AI’s ability to solve problems in the physical world

AJOT | October 31, 2024 | Logistics | Shipping Technology

Bifrost AI, a Generative 3D Data platform, raised $8 million in Series A funding to meet the growing demand for AI training data and 3D simulations.

Pennsylvania and West Virginia DOTs win top 2024 America’s Transportation Awards honors

AJOT | October 31, 2024 | Trucking

Biden-Harris Administration announces nearly $45 million to slash electric vehicle battery recycling costs

AJOT | October 31, 2024 | Energy | Alternative | Green Shipping

Funding from the investing in America agenda will help meet demand for critical materials and support a more circular domestic battery supply chain

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