AJOT Digital Edition | Issue #578

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Ocean Carrier Review

Pacific Northwest Ports

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2014 Media Kit


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New rail line extends Felixstowe’s advantage

AJOT | March 25, 2014 | Intermodal | Ports & Terminals

The Port of Felixstowe’s rail advantage is set to grow further with the official opening of the Ipswich Chord on 31 March 2014. The new chord will reduce rail freight journey times to and from the UK’s largest container port by one hour in each direction providing a substantial performance and efficiency improvement for both rail and sea freight operators. Read More »

SHIFT Freight announces 2014 General Rate Increase

AJOT | March 25, 2014 | Intermodal

SHIFT Freight, an asset-light LTL carrier that’s dedicated to changing the way companies think about freight, announced it will be taking a general rate increase on non-contractual business of 4.9 percent effective March 31, 2014. Read More »

TransForce receives Competition Act approval for arrangement with Vitran

AJOT | March 25, 2014 | Intermodal

Vitran Corporation Inc., a premier Canadian less-than-truckload transportation firm, has announced that Competition Act approval of TransForce Inc.'s acquisition of Vitran under the previously announced plan of arrangement (the "Arrangement") was obtained. Under the Arrangement, 2400520 Ontario Inc. (the "Purchaser"), an indirect wholly-owned subsidiary of TransForce Inc., will acquire all of the issued anoutstanding common shares of the Company, other than common shares of the Company held by the Purchaser and any affiliate of the Purchaser, for consideration of US$6.50 in cash per share. Read More »

Quebec police finish Lac-Megantic rail disaster probe

Reuters | March 24, 2014 | Intermodal

Quebec police have concluded their investigation into last July’s oil-by-rail disaster in the Quebec town of Lac-Megantic in which 47 people were killed, and have turned the file over to the public prosecutor’s office, a police spokesman said Monday. Read More »

US Energy Dept approves LNG exports from Oregon plant

Reuters | March 24, 2014 | Intermodal

Under pressure to use the United States’ energy bounty to respond to the political crisis over Ukraine, the Obama administration on Monday approved exports of liquefied natural gas from Veresen Inc’s Jordan Cove plant in Oregon. Read More »

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