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

A flying start to 2025 but after 14 months of double-digit demand growth, air cargo stakeholders remain cautious

AJOT | January 13, 2025 | Air Cargo | Freighters

The global air cargo market cruised into 2025 on the back of 14 consecutive months of double-digit growth in demand as volumes climbed +11% year-on-year in December and average spot rates finished the year +15% higher, according to industry analysts Xeneta.

Airforwarders Association new board member King elected

The Airforwarders Association (AfA) has elected David O. King, SEKO Logistics, for the first time to the AfA Board of Directors, as the forwarding association looks ahead to the 2025-2028 term.

Air India extends SATS and WFS partnership with 14 new cargo and ground handling contracts across global network

AJOT | January 13, 2025 | Air Cargo | Freighters

Air India has awarded cargo and ground handling contracts to SATS Ltd (SATS) and its wholly-owned subsidiary Worldwide Flight Services (WFS) across multiple major airports in regions in Asia, Europe, the Middle East and North America.

OOCL presents latest product line-up in 2025

AJOT | January 13, 2025 | Maritime | Liner Shipping

OOCL’s latest product line-up in 2025, following the signing of OCEAN Alliance’s Day 9 products.

Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports

Reuters | January 13, 2025 | International Trade | Commodity

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources.

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

Reuters | January 13, 2025 | International Trade | Commodity

The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday, giving them some time to revive the politically contentious deal.

Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says

Reuters | January 13, 2025 | International Trade

Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday.

January 2025 Container Market Forecaster: 2024 concludes on higher average container price levels globally

AJOT | January 13, 2025 | Maritime | Liner Shipping

• Most U.S. locations record year-over-year growth in average container prices in December 2024 compared to December 2023. • Container demand expected to remain slow until after the Chinese New Year

$41 million Federal Sand Bypass/Beach Renourishment Project gets underway

AJOT | January 13, 2025 | Ports & Terminals

Canaveral Port Authority and Brevard County partner with U.S. Army Corps of Engineers for sixth iteration of federally-mandated initiative to preserve space coast beaches, ensure continued safe navigation of Canaveral Harbor

ZIM joins “Move to -15” coalition, strengthening commitment to cold chain sustainability

AJOT | January 13, 2025 | Green Shipping | Maritime | Liner Shipping

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global leader in refrigerated container shipping, announced today its participation in the “Move to -15” coalition - a cross-industry alliance aiming to cut emissions in the cold chain sector by raising standard temperature of frozen cargo from -18°C to -15°C.

OOCL names its third 16,828 TEU container vessel, OOCL Sunflower

AJOT | January 13, 2025 | Maritime | Liner Shipping

Orient Overseas Container Line Ltd. (“OOCL”) celebrated the naming of its third brand new 16,828 TEU container vessel “OOCL Sunflower” at Dalian COSCO KHI Ship Engineering Co., Ltd. (“DACKS”) today.

deugro delivers over 52,600 CBM of critical equipment for INEOS Project One

AJOT | January 13, 2025 | Project / Heavy Lift | Maritime Project

For the construction of Europe’s most sustainable ethane cracker, deugro UK in collaboration with deugro China and deugro Chartering as well as with the local support of deugro Antwerp, timely delivered ten storage bullets and further equipment from China to the Port of Antwerp, Belgium.

Global air financiers see jet shortages dragging on as values soar

Reuters | January 13, 2025 | Air Cargo | Airlines

The world's largest aircraft lessors forecast on Monday that manufacturing delays would drag on until the end of the decade at least, keeping prices high and limiting the entry of new players into an industry that controls half of the world's jets.

US oil refiners brace for a tough year as investor sentiment turns negative

Reuters | January 13, 2025 | Energy

Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude.

Projected air traffic growth runs counter to climate goals, study says

Reuters | January 13, 2025 | Air Cargo | Airports | Green Shipping

Air passengers numbers are projected to more than double by 2050, boosting fuel demand and undermining the aviation industry's efforts to cut emissions, a study by climate advocacy group Transport and Environment suggested on Monday.

Oil prices climb 2% to 4-month high on expected hit to China and India’s Russian supplies

Reuters | January 13, 2025 | Energy

US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit

Reuters | January 13, 2025 | Energy

International Trade

Reuters | Top Story | January 13, 2025

US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say

U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.