Greece’s creditors propose targeting shipping sector

Reuters | June 26, 2015 | International Trade

Under the latest proposals made by Greece’s creditors, the country’s shipping companies face paying a higher tonnage tax and a phasing-out of special tax allowances which they have enjoyed, according to documents seen by Reuters. Read More »

Monsanto announces potential $1 billion expansion in Louisiana

AJOT | June 26, 2015 | Ports & Terminals | Ports

The Port of South Louisiana is pleased that Monsanto, which is located in the port district, has announced their decision to potentially invest $1 billion in an expansion of its plant in Luling, Louisiana. Read More »

Congress Passes Final Legislation to Renew GSP

AJOT | June 26, 2015 | International Trade

GSP renewal legislation has finally passed in both the House and the Senate. The legislation will now go to the President for his signature. Read More »

Kuehne + Nagel enters into strategic acquisition agreement in the U.S.A.

AJOT | June 26, 2015 | Transport Intermediaries

The Kuehne + Nagel Group has entered into an agreement to acquire 100 per cent of the shares of ReTrans Inc., a U.S.-based leading provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Read More »

CN to report second-quarter 2015 financial and operating results on July 20, 2015

AJOT | June 26, 2015 | Intermodal | Rail

CN will issue its second-quarter 2015 financial and operating results on July 20, 2015, at 4.01 p.m. Eastern Daylight Time (EDT). Read More »

Tiger Cool Express names new Vice President of Marketing

AJOT | June 26, 2015 | Transport Intermediaries

Tiger Cool Express LLC, an innovative and cost effective temperature-controlled intermodal transporter of produce and food products, announced it has named Ms. Cortney Keenan as Vice President of Marketing for the Company. Read More »

Ten more years: Hactl is “here to stay”, says Chief Exec

AJOT | June 25, 2015 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest cargo handling agent – has signed a new, 10-year extension of its handling franchise at the airport. The new agreement with Hong Kong’s Airport Authority runs from July 2018, when the current franchise expires. Read More »

Strategic acquisition in the US for Kuehne + Nagel

AJOT | June 25, 2015 | Transport Intermediaries

The Kuehne + Nagel Group has entered into an agreement to acquire 100 per cent of the shares of ReTrans Inc., a U.S.-based leading provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Read More »

Tiger Cool Express names new VP of Marketing

AJOT | June 25, 2015 | Transport Intermediaries

Tiger Cool Express LLC, an innovative and cost effective temperature-controlled intermodal transporter of produce and food products, announced it has named Ms. Cortney Keenan as Vice President of Marketing for the Company. Read More »

Crane Worldwide Logistics names technology leader Chaveleh as new CIO

AJOT | June 25, 2015 | Transport Intermediaries

Crane Worldwide Logistics, a full-service air, ocean, trucking, customs brokerage and logistics company, recently named veteran technology executive, Adel Chaveleh as its CIO. Chaveleh will be tasked with driving a transformation of how Crane Worldwide Logistics uses technology both externally and internally. Read More »

Charleston Harbor deepening project earns critical Federal approval 

AJOT | June 25, 2015 | Ports & Terminals

In Washington, DC, the US Army Corps of Engineers Civil Works Review Board (CWRB) unanimously approved the Final Integrated Feasibility Report and Environmental Impact Statement for the Charleston Post-45 Harbor Deepening project, a significant step in the federal process that ensures the project is on schedule to receive its Chief's Report this September. Read More »

AAPA praises Senate for passing bipartisan Trade Promotion Authority bill

AJOT | June 25, 2015 | Ports & Terminals

“The prosperity of the United States is inextricably entwined with that of the rest of the world and international trade agreements provide stability and equity enabling increased trade,” said American Association of Port Authorities (AAPA) President and CEO Kurt Nagle in support of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015), which the Senate just approved and the House approved on June 18. Read More »

Atlas Air Worldwide provides fleet update

AJOT | June 25, 2015 | Air Cargo

Atlas Air Worldwide Holdings, Inc. provided a fleet update highlighting initiatives taken to respond to market demand and customer requirements.  Read More »

US Congress victory moves Obama’s Pacific trade pact forward

AJOT | June 25, 2015 | International Trade

Legislation vital to securing the largest U.S. trade deal in decades was passed by the Senate by a comfortable margin, advancing President Barack Obama's efforts to strengthen U.S. economic ties around the Pacific Rim. Read More »

US and China to cooperate to end ‘massacre’ of wildlife

AJOT | June 25, 2015 | International Trade

U.S. and Chinese officials agreed during high-level talks in Washington to work together to end the "massacre" of wildlife and reduce the flow of illegal wildlife trafficking, a senior U.S. official said. Read More »

US, China stress positives, but fail to narrow differences

AJOT | June 25, 2015 | International Trade

The United States and China sought on Wednesday to stress the positives in their relationship after three days of high-level talks, but failed to narrow differences on the most contentious issues of cyber and maritime security. Read More »

Obama looks abroad to secure his legacy

AJOT | June 25, 2015 | International Trade

At a moment when much of the world is watching Greece, one of the most critical moments in Barack Obama’s presidency is also fast approaching. Read More »

U.S. Senate panel approves bill to monitor port performance

Reuters | June 25, 2015 | Ports & Terminals

A divided Senate Commerce Committee on Thursday approved legislation requiring the government to report on the performance of major U.S. port operations, including during labor contract talks. Read More »

McDonald’s plans to sell Taiwan stores to franchise operator

AJOT | June 25, 2015 | International Trade

McDonald's Corp said it is aiming to sell all of its 413 Taiwan-based stores to a franchise operator, as the U.S. fast-food chain looks to cut costs globally and turn around its flagging China business. Read More »

GM’s Chevy brand puts hopes for global growth on Cruze

AJOT | June 25, 2015 | International Trade

General Motors Co unveiled the new-generation Chevrolet Cruze compact car, a linchpin of its effort to attract new buyers to the brand and a symbol of the U.S. automaker's competitive challenges. Read More »