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Long-term highway bill unlikely by June 1, Tampa conferees say

Paul Scott Abbott | February 01, 2015 | Intermodal | Road

Long-term highway bill unlikely by June 1, Tampa  conferees say

Congress isn’t apt to pass a long-term surface transportation funding bill by June 1, according to several officials taking part Jan. 29-30 in a conference co-sponsored by the American Association of Port Authorities and the Transportation Research Board, in cooperation with the U.S. Maritime Administration. Read More »

718-ton, 164-foot-long absorption tower Move

AJOT | January 14, 2015 | Photos

718-ton, 164-foot-long absorption tower Move

Fracht USA/Germany, a global freight forwarder, completed one of the heaviest project cargo lifts in the Port of New Orleans’ history Jan. 12, successfully discharging a 718-ton, 164-foot-long absorption tower from ship-to-barge. Read More »

JAXPORT’s oversized cargo berth delivers…again

AJOT | January 30, 2015 | Ports & Terminals

JAXPORT’s oversized cargo berth delivers…again

Highly trained master riggers at Portus moved a Bell 222 twin-engine light helicopter destined for South Africa across JAXPORT’s heavy lift and oversized cargo berth at Blount Island Marine Terminal on Thursday, Jan. 29. Read More »

US Democrats set high bar for supporting Obama on trade

Eric Nelson | January 30, 2015 | International Trade

Senior Democrats in the House of Representatives said they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda. Read More »

US must target currency manipulation in trade deals

Reuters | January 30, 2015 | International Trade

The Obama administration must insist that U.S. trading partners pledge not to manipulate currencies when negotiating trade deals, the chairman of the Senate Committee on Finance said. Read More »

Sun Pharmaceutical wins US approval to buy Ranbaxy

Reuters | January 30, 2015 | International Trade

India's Sun Pharmaceutical Industries Ltd has won U.S. approval to buy Ranbaxy Laboratories Ltd on condition that it sell its interest in a generic antibacterial medicine, the U.S. Federal Trade Commission said. Read More »

US consistently raised concerns with China on IT rules

Reuters | January 30, 2015 | International Trade

The United States administration has consistently pressed China about the impact of regulations on U.S. information technology firms, a spokesman for the U.S. Trade Representative said. Read More »

Car industry heads lobby to drop tariffs between EU, US

Reuters | January 30, 2015 | International Trade

The heads of German car companies including BMW, Daimler and Audi lobbied politicians to reach a trade deal that could see tariffs dropped between the United States and the European Union. Read More »

In China, US tech firms turn to domestic rivals for survival

Reuters | January 30, 2015 | International Trade

U.S. technology companies in China are forming alliances with domestic firms, hoping that having a local partner will make it easier to operate in the increasingly tough environment for foreign businesses in the world's second-biggest economy. Read More »

Apple takes top gifting spot in China

Reuters | January 30, 2015 | International Trade

Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report, reflecting the iPhone maker's recent hot streak in the country. Read More »

Samsung’s smartphone primacy under threat from Apple after weak Q4

Reuters | January 30, 2015 | International Trade

Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings, a day after rival Apple Inc reported the biggest profit in corporate history. Read More »

Apple takes high road in China smartphone standoff with Xiaomi

Reuters | January 30, 2015 | International Trade

Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. Read More »

‘Zombies’ haunt Vietnam’s trade bonanza bid

Reuters | January 30, 2015 | International Trade

Nguyen Nam owns an engineering services firm in Ho Chi Minh City that pays no taxes nor any salaries. The flip side is it earns no revenue either. Read More »

China to expand some Shanghai free trade zone practices nationwide

Reuters | January 30, 2015 | International Trade

China will replicate some practices in Shanghai's free trade zone to other parts of the country, the cabinet said, in its latest push to let markets play a bigger role in the economy. Read More »

Vale’s mega-ships dock at five Chinese ports

Reuters | January 30, 2015 | Breakbulk & Projects | Breakbulk | Ports & Terminals

Brazilian miner Vale's mega-ships have been able to dock at five ports in China, the firm's head of investor relations said as a ban that had been in place since 2012 is relaxed. Read More »

China COSCO, China Shipping Development flag profitable 2014

Reuters | January 30, 2015 | Breakbulk & Projects | Breakbulk | Liner Shipping

China COSCO, the country's largest dry bulk shipping line, said its 2014 net profit would be more than 50 percent higher than the previous year after it made headway in increasing revenue. Read More »

Greek government expected to avoid tax clash with shipping tycoons

Reuters | January 30, 2015 | Liner Shipping | Ports & Terminals

While Greece's new leftist government seems set on a collision course with the European Union, it is likely to steer clear of confronting the country's critical shipping industry. Read More »

Plains 70,000 bpd Saskatchewan crude-by-rail terminal due mid-2015

Reuters | January 30, 2015 | Intermodal | Rail

Plains Midstream Canada, a subsidiary of Plains All American Pipeline, has started looking for workers at its new crude-by-rail unit train terminal in Kerrobert, Saskatchewan, due to start up mid-2015, according to the company website. Read More »

Ethiopia says new railway to Djibouti to start in early 2016

Reuters | January 30, 2015 | Intermodal | Rail

Ethiopia expects to open a new railway line linking the capital Addis Ababa with the Red Sea state of Djibouti in early 2016, a project at the centre of plans to create new manufacturing industries, the head of the state railways said. Read More »

CN Rail earnings beat, but lag CP on efficiency

Reuters | January 30, 2015 | Intermodal | Rail

Canadian National Railway Co reported better-than-expected fourth-quarter earnings and boosted its dividend, but lagged its main Canadian rival when it came to a key efficiency measure. Read More »

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