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

US goods trade deficit surges to 2-1/2-year high on jump in imports

Reuters | October 29, 2024 | International Trade

The U.S. trade deficit in goods widened to a 2-1/2-year high in September amid a surge in imports, prompting some economists to trim their economic growth estimates for the third quarter.

Freight railroads name Rodgers as NRLC Chairman

AJOT | October 29, 2024 | Intermodal | Rail

The National Railway Labor Conference today announced the appointment of Jeffrey F. Rodgers as Chairman, effective Friday, Nov. 1. Rodgers has served as Vice Chairman of the NRLC since 2009, helping lead the industry through the last three rounds of national collective bargaining.

Biden announces $3 billion investment for US ports

Reuters | October 29, 2024 | Ports & Terminals

U.S. President Joe Biden on Tuesday announced a $3 billion investment from his Inflation Reduction Act to improve the country's port infrastructure.

New ocean vessel ‘Federal Indiana’ makes first call to Indiana

AJOT | October 29, 2024 | Maritime | Bulk | Ports & Terminals

Fednav ship celebrates Indiana’s important role in global shipping with modern vessel design that offers increased cargo capacity and reduced emissions

PhilaPort awarded $79.7 million from EPA Clean Ports Program

AJOT | October 29, 2024 | Ports & Terminals

Oil extends losses on report of talks to end Lebanon war

Reuters | October 29, 2024 | Energy

Mexico’s Pemex posts wider third-quarter loss of $8.2 billion

Reuters | October 29, 2024 | Energy

Mexican state-owned oil company Pemex reported a deeper 161.3 billion peso ($8.2 billion) third-quarter net loss on Tuesday, according to a filing with the Mexican stock exchange, compared to losses of around $4.5 billion in the year-ago period.

What happens as EU concludes investigation of Chinese-made EVs?

Reuters | October 29, 2024 | International Trade

BP profit slumps to near four-year low as oil demand sags

Reuters | October 29, 2024 | Energy

BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results.

EU slaps tariffs on Chinese EVs, risking Beijing payback

Reuters | October 29, 2024 | International Trade | Maritime | Breakbulk News

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.

Boeing overcharged Air Force nearly 8,000% for soap dispensers, watchdog alleges

Reuters | October 29, 2024 | Air Cargo

CMA CGM PSS - reefers from Chile & Peru to Far East

AJOT | October 29, 2024 | Maritime | Liner Shipping

Brownley secures $42M in federal funding to the Port of Hueneme to reduce emissions and improve air quality

AJOT | October 29, 2024 | Green Shipping | Ports & Terminals

Port of Corpus Christi selected by EPA as Clean Ports Program Grant recipient

AJOT | October 29, 2024 | Green Shipping | Ports & Terminals

Port of Corpus Christi selected by EPA as Clean Ports Program Grant recipient

Port Freeport receives 35th consecutive Certificate of Achievement for Excellence in Financial Reporting

AJOT | October 29, 2024 | Ports & Terminals

For the 35th consecutive year, Port Freeport has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2023 Annual Comprehensive Financial Report (ACFR).

Guidelines to Flexitank safety issued by TT Club

AJOT | October 29, 2024 | Maritime | Liner Shipping

Passing of former Port of South Louisiana Executive Director, Paul Aucoin

AJOT | October 29, 2024 | Ports & Terminals

It is with deep sadness that we announce the passing of Paul Aucoin, former Executive Director of the Port of South Louisiana.

MSC Gulf to SAEC String I – further temporary port rotation adjustments

AJOT | October 29, 2024 | Maritime | Liner Shipping

Intermodal

AJOT | Top Story | October 29, 2024

Governor Moore commends launch of double-stack rail operations at Port of Baltimore

Governor Wes Moore has commended the launch of double-stacked rail operations to and from the Helen Delich Bentley Port of Baltimore.

Egyptair Cargo awards full-service ULD management agreement to Unilode

AJOT | October 29, 2024 | Air Cargo | Freighters

Egyptair Cargo, the cargo division of the Egyptian national airline Egyptair, and Unilode Aviation Solutions, the market leader in outsourced Unit Load Device (ULD) management, repair, and digital services, have entered into a long-term partnership for full-service ULD management.

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