EU refines tariff rates set to hit electric vehicles from China

Bloomberg | June 26, 2024 | International Trade

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Bracing for the social media shopping phenomenon: DHL on the latest trends in e-commerce

AJOT | June 26, 2024 | Logistics | Integrators

• Smartphones are becoming the dominant shop window and purchasing device • App-based marketplaces such as Shein and Temu are gaining significant popularity • 65% of global online shoppers prioritize knowing the delivery provider before making a purchase

S&P raises Galveston Wharves bond rating

AJOT | June 26, 2024 | Ports & Terminals

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New Liebherr LHM 550: Logistics powerhouse for Port of Dover

AJOT | June 26, 2024 | Maritime | Bulk | Ports & Terminals | Equipment and Tech

• The LHM 550 mobile harbour crane, with its 54-metre outreach and 104-tonne-configured lifting capacity, is engineered for high-volume cargo throughput, serving the New-Panamax class and Capesize bulk carriers • The Port of Dover, a pivotal port in UK-EU trade, handles 33% of the UK’s trade with the EU, reinforcing its status as a logistics hub handling a range of container, general cargo, and breakbulk refrigerated cargo vessels • The crane is built as a high-rise version with a 4.8-metre tower extension, providing a more elevated crane operator perspective to support more efficient cargo handling

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Hactl named “Best Air Cargo Terminal Operator – Asia”

AJOT | June 26, 2024 | Air Cargo | Airports

Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest independent handler – has been named “Best Air Cargo Terminal Operator – Asia” at this year’s Asian Freight, Logistics and Supply Chain (AFLAS) Awards.

A $100 billion bet on China’s economy sours as warehouses empty
Logistics
Bloomberg | Top Story | June 26, 2024

A $100 billion bet on China’s economy sours as warehouses empty

In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity.
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Higher tariffs to harm US consumers and exporters; economic decoupling from China unlikely experts reveal

AJOT | June 26, 2024 | International Trade

• US economic decoupling from China unlikely without military conflict; increased tariffs predicted to severely harm US economy and exporters, say experts on The Freight Buyers’ Club. • Jess Dankert, VP for Supply Chain at the Retail Industry Leaders Association, calls for smart trade policies instead of higher tariffs; Professor Jason Miller warns agricultural industries will suffer most from tariff war.

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Silk Way West Airlines forges strategic partnership with China Henan Aviation Group

AJOT | June 26, 2024 | Air Cargo | Freighters

Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has signed a Memorandum of Understanding (MOU) with China Henan Aviation Group during Air Cargo China 2024 in Shanghai.

Port of Hamburg is “Best Global Seaport”

AJOT | June 26, 2024 | Ports & Terminals

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Menzies Aviation partners with AS Budapest to extend footprint at BUD airport

AJOT | June 26, 2024 | Air Cargo | Airports

Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced it has joined forces with Airport Services Budapest Zrt. (AS Budapest) to extend its ground handling, cargo and lounge services at Budapest Liszt Ferenc International Airport (BUD) in Hungary.

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Dr Breithaupt succeeds Sonntag at Jettainer

AJOT | June 26, 2024 | Air Cargo | Freighters | People | Appointments

Since 1 June 2024, Dr Jan-Wilhelm Breithaupt has been the new Chief Executive Officer of Jettainer.

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University of Michigan study finds cold chains can significantly reduce global food waste and emissions

AJOT | June 26, 2024 | Green Shipping | Logistics

A new study by the University of Michigan, supported by the U.S. National Science Foundation and Carrier Global Corporation, global leader in intelligent climate and energy solutions, found that nearly half of the 1.3 billion tons of global food wasted each year could be prevented with fully refrigerated food supply chains.

Cart.com names Doyle as Chief People Officer

AJOT | June 26, 2024 | Shipping Technology | People | Appointments

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Challenge Group signs MOU with China Henan Aviation Co., Ltd. at Air Cargo China

AJOT | June 26, 2024 | Air Cargo | Airports

Challenge Group has announced the signing of a Memorandum of Understanding (MOU) with China Henan Aviation Co., Ltd., the holding company owning CGO Airport, during a signing ceremony held yesterday at the Air Cargo China trade show.

Southwest Airlines cuts revenue estimate on complex environment

Bloomberg | June 26, 2024 | Air Cargo | Airlines

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Polar Leasing promotes Mann to transportation and logistics coordinator

AJOT | June 26, 2024 | Logistics | People | Appointments

Polar Leasing Company, the leading provider of electric ground-resting outdoor walk-in freezers and refrigerated rental units, is proud to announce the promotion of Maria Mann to the position of transportation and logistics coordinator.  

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Economists raise China growth forecasts as exports improve

Bloomberg | June 26, 2024 | International Trade

The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a Bloomberg survey of economists.

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