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Sunrise Orient on the rocks

AJOT | July 10, 2014 | Photos

Sunrise Orient on the rocks

A small Vietnamese freighter Sunrise Orient on the rocks of the island of Cheung Chau, near Hong Kong. Read More »

India keeps world guessing in countdown to landmark trade deadline

Reuters | July 21, 2014 | International Trade

India will firm up its position regarding a landmark global trade pact shortly before a Thursday deadline, a senior official said, setting up a nail-biting showdown over a deal it says should safeguard a $12 billion anti-poverty food program. Read More »

Russia’s Severstal sells US steel plants to AK Steel, Steel Dynamics

Reuters | July 21, 2014 | International Trade

Russia's Severstal said it would sell two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business. Read More »

UK, France, Germany eye fresh Russia sanctions after plane disaster

Reuters | July 21, 2014 | International Trade

Britain, Germany and France agreed on Sunday they should be ready to ratchet up sanctions on Russia over the downing of a Malaysian jet carrying 298 passengers when European foreign ministers meet in Brussels. Read More »

SC Ports announce 8% fiscal year growth   

AJOT | July 21, 2014 | Ports & Terminals

The SC Ports Authority reported a strong finish for the 2014 fiscal year with 8 percent container growth, an increase of 2 percent over projected plans. Read More »

ATP hits new milestone in Okinawa, Japan for shipment of military household goods

AJOT | July 21, 2014 | Ports & Terminals

Asiatic Trans-Pacific (ATP), a wholly owned subsidiary of The Pasha Group in Okinawa, Japan, had eight record days in the month of June, packing in excess of 100,000 pounds of household goods on each of those days for U.S. service men and women. Read More »

First gates moved to new locks for the Panama Canal expansion

AJOT | July 21, 2014 | Ports & Terminals

The Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side. Read More »

Cuba hopes for more investment as Chinese president arrives

Reuters | July 21, 2014 | Ports & Terminals

Chinese President Xi Jinping began a two day visit to Cuba, stirring hopes on the island that China will finally invest in the country after a number of important deals never materialized. Read More »

Fay named CEO of INTTRA

AJOT | July 21, 2014 | Liner Shipping

INTTRA, the world’s largest multi-carrier e-commerce network for ocean shipping, today announced that John F. Fay has joined the Company as Chief Executive Officer, effective immediately. Read More »

Global seaborne coal market oversupply to be 10 million tons this year

Reuters | July 21, 2014 | Breakbulk & Projects

The global market for seaborne thermal coal will be oversupplied by around 10 million tonnes this year, keeping prices below profitable levels for most coal producers well into 2015 or longer and forcing more mines to close. Read More »

UTC Overseas strengthens functions of Azerbaijan office

AJOT | July 21, 2014 | Transport Intermediaries

UTC Overseas Inc. has announced that it has expanded and strengthened the functions of its Azerbaijan office to better serve the needs of its customers in the region. Read More »

BNSF Logistics announces organizational update

AJOT | July 21, 2014 | Transport Intermediaries

BNSF Logistics has announced several promotions within the company’s senior management team. Dan Curtis, Chief Financial Officer (CFO) has been promoted to Chief Operating Officer of US Domestic Operations & Technology; Read More »

TruStar Energy breaks ground on TruStar-Energy branded public CNG pueling station in Orlando

AJOT | July 21, 2014 | Intermodal

TruStar Energy, a national leader in the design and construction of Compressed Natural Gas (CNG) fueling infrastructure, is excited to announce the groundbreaking of its first TruStar Energy-branded public fast-fill compressed natural gas (CNG) station, located in Orlando, Florida. Read More »

US Senate nears deal to vote on $10.9 billion transportation bill

Reuters | July 21, 2014 | Intermodal

U.S. Senate leaders were nearing an agreement to vote this week on a $10.9 billion transportation funding extension already passed by the House of Representatives, signaling a desire to minimize drama over road construction money this summer. Read More »

Oil-by-rail fight in Washington threatens California gasoline prices

Reuters | July 21, 2014 | Intermodal

California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state. Read More »

CN Railway profit, revenue climb; outlook revised upward

Reuters | July 21, 2014 | Intermodal

Canadian National Railway Co. reported a big jump in profit and bolstered its 2014 financial outlook, reflecting a swift recovery from last quarter's tough winter weather. Read More »

Wisconsin train derailment clean up underway, evacuation lifted

Reuters | July 21, 2014 | Intermodal

An evacuation order was recently lifted after a train derailment and collision several hours earlier caused a fuel spill in a southeastern Wisconsin town, where clean-up efforts were underway, a rail spokesman said. Read More »

Oil trains, born of US energy boom, face test in new safety rules

Reuters | July 21, 2014 | Intermodal

North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on U.S. rail tracks. New safety rules may now test the oil train model. Read More »

Ruslan International delivers in time for official opening

AJOT | July 21, 2014 | Air Cargo

Ruslan international – the joint venture company which manages and markets the 17-strong fleet of giant Antonov An-124 aircraft belonging to its shareholders Antonov Airlines and Volga Dnepr Airlines – pulled out all the stops to deliver an urgent shipment of ethanol production equipment in time for a VIP opening ceremony. Read More »

Emirates calls for airlines summit on “outrageous” MH17 attack

Reuters | July 21, 2014 | Air Cargo

The head of one of the world's largest airlines has called for an international meeting of carriers to agree a response to the downing of a Malaysian airliner, including a potential rethink of the threats posed by regional conflicts. Read More »

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