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

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MSC Announcement: GRI - GENERAL RATE INCREASE

AJOT | April 17, 2024 | Maritime

Due to the current situation in the Persian Gulf, Effective as of May 17th, 2024 a General Rate Increase (GRI) will be applicable for all cargo ex USA & Puerto Rico going to Middle East and Gulf (United Arab Emirates, Bahrain, Saudi Arabia – POD Dammam -, Qatar, Kuwait, Oman, Iraq) with the following quantum...

S&P 500 suffers its longest slide since January: Markets Wrap

Bloomberg | April 17, 2024 | International Trade

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CPC Coli Istanbul experiences good first quarter

AJOT | April 17, 2024 | Project / Heavy Lift | Intermodal Project

More than 12 industrial projects for global clients successfully concluded...

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Gibson bets on Permian strength powering US oil exports growth

Canada’s Gibson Energy Inc. is betting that swelling oil output in the Permian Basin will fuel continued growth in US crude exports, boosting profit from a major Gulf Coast terminal it bought last year for about $1.1 billion.

Yellen fully expects fresh sanctions on Iran in coming days

Bloomberg | April 17, 2024 | International Trade

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Biden seeks higher tariffs on Chinese steel, aluminum to support US firms

Bloomberg | April 17, 2024 | International Trade | Commodity

President Joe Biden is calling for higher tariffs on Chinese steel and aluminum, part of a series of steps to shore up the American steel sector and woo its workers in this year’s election.

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Cook says Apple considers making gadgets in Indonesia in pivot from China

Bloomberg | April 17, 2024 | International Trade

Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China.

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AAR Reports rail traffic for the week ending April 13, 2024

AJOT | April 17, 2024 | Intermodal | Rail

For this week, total U.S. weekly rail traffic was 466,463 carloads and intermodal units, up 1.5 percent compared with the same week last year...

Jet maker Embraer emerges as Brazil’s best stock on orders flow

Bloomberg | April 17, 2024 | Air Cargo | Airlines

Norway’s Crown Prince urges Norway & California collaboration on offshore wind

Energy

Stas Margaronis | Top Story | April 17, 2024

Norway’s Crown Prince urges Norway & California collaboration on offshore wind

Norway’s Crown Prince Haakon urged collaboration between Norway and California on offshore wind development as well as … the transition to green technologies in remarks made at the U.S. Norway Business Summit that took place in San Francisco on April 15th.

Ryanair says Boeing taking steps to accelerate jet deliveries

Bloomberg | April 17, 2024 | Air Cargo | Airlines

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US hunger for imports hasn’t lifted trucking demand, JB Hunt says

Bloomberg | April 17, 2024 | Trucking

America’s appetite for imported goods has kept its economy hot but has yet to “translate into any meaningful pick up in demand” for JB Hunt Transport Services Inc., a top executive for the logistics company said on its quarterly earnings call Tuesday.