The Port of the Future Prepares Future Leaders

AJOT | May 22, 2015 | Ports & Terminals | Ports | Container Port

Scholars, interns and externs gather for education celebration at the Port of Long Beach Read More »

UTC Overseas names Lloyd (Woo Sung) Bae Director of Sales and Operations - Korea Desk

AJOT | May 22, 2015 | Transport Intermediaries

UTC Overseas announced the appointment of Lloyd (Woo Sung) Bae as Director of Sales and Operations for the firm’s Korea Desk. He is based in the company’s Houston HQ offices. The announcement was made by UTC V.P. for Project Development, Matt Loll. Read More »

Logistics Plus Opens New Offices in Egypt

AJOT | May 22, 2015 | Transport Intermediaries

Includes main office in Cairo, branch office in Alexandria, and warehouse in Badr City Read More »

Hactl wins award for environmental excellence

AJOT | May 22, 2015 | Air Cargo | Transport Intermediaries

Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest cargo handler - has received the Transport and Logistics - Silver Award, in the 2014 Hong Kong Awards for Environmental Excellence. Read More »

Asia - North Europe container freight rates in biggest weekly percent drop

Reuters | May 22, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged 32.5 percent to $444 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Mexico to compensate China’s CRCC for canceling rail project

Reuters | May 21, 2015 | Intermodal | Rail

The Chinese company at the helm of a consortium that won a $3.75 billion high-speed rail contract last year which was later revoked will be compensated almost 20 million pesos ($1.31 million), a transport ministry official said on Thursday. Read More »

Workers threaten to paralyze Argentine grains hub over pay

Reuters | May 21, 2015 | Ports & Terminals | Ports | Dry Bulk Port

Argentina’s largest labor union group will go on strike in the pivotal Rosario grains hub from June 1 if a salary dispute is not resolved, a union leader said on Thursday, threatening to bring milling and exports from the grains powerhouse to a halt. Read More »

Washington state judge denies Shell appeal on rail project review

Reuters | May 21, 2015 | Energy | Pipeline | Intermodal | Rail

A judge on Thursday denied Royal Dutch Shell’s appeal of a ruling that a proposed oil-by-rail project at its Washington state refinery must undergo a full environmental review, just two weeks after a crude train derailment caused a fire in North Dakota. Read More »

OSHA-based or IBC stairs: clearing up a warehouse controversy

AJOT | May 21, 2015 | Intermodal | Road

For anyone working in an industrial or warehouse environment, where cost, space, efficient material handling and worker safety are vital, the Occupational Safety and Health Administration (OSHA)-based stairs are often preferred over IBC stairs due to  their smaller footprint, better fit, and lower cost.  RMI-compliant OSHA-based stairs permit open risers, integration of the handrail as the top of the guard, and a greater stair pitch. Read More »

Old Dominion Freight Line announces senior management changes

AJOT | May 21, 2015 | Intermodal | Road

Old Dominion Freight Line, Inc. has announced that Greg C. Gantt, the Company's Executive Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer. David S. Congdon will remain the Company's Chief Executive Officer and will assume the new responsibilities of Vice Chairman of the Board of Directors. J. Wes Frye, the Company's Senior Vice President - Finance and Chief Financial Officer, has announced his plans to retire from the Company effective December 31, 2015. Adam N. Satterfield, the Company's Vice President - Treasurer, will become the Company's Chief Financial Officer effective upon Mr. Frye's retirement. Read More »

EU wants framework for trade deal with US by end-2015

Reuters | May 21, 2015 | International Trade

Germany and its European partners remain committed to achieving the political framework for a Europe-U.S. free trade deal by the end of this year, Chancellor Angela Merkel said. Read More »

US fast-track trade bill clears key hurdle in Senate

Reuters | May 21, 2015 | International Trade

Legislation key to sealing a Pacific trade pact passed another important test in the U.S. Senate, boosting hopes for a deal that is central to President Barack Obama's strategic shift toward Asia. Read More »

Republican senator voices opposition to advancing fast-track bill

Reuters | May 21, 2015 | International Trade

Conservative Republican U.S. Senator Jeff Sessions warned against rushing ahead with a "fast-track" bill that President Barack Obama wants to help him complete a Pacific Rim trade deal, indicating some erosion of support for the measure. Read More »

Senate Republicans said to pledge June vote on Ex-Im Bank

Reuters | May 21, 2015 | International Trade

Senate Republican leader Mitch McConnell has pledged to hold a vote in June to renew the Export-Import Bank's charter before it expires at the end of that month, Democratic Senator Patty Murray said. Read More »

US aims to limit exports of undisclosed software flaws

Reuters | May 21, 2015 | International Trade

The U.S. Commerce Department proposed new export controls that would treat unknown software flaws as potential weapons, a move aimed at reducing the security industry's aid to rival nations. Read More »

China may have edge in race to build California’s bullet train

Reuters | May 21, 2015 | International Trade

Chinese state firms are poised to be strong contenders in the race to make high-speed trains that will sprint between Los Angeles and San Francisco, part of a $68 billion project to bring the service to the United States for the first time. Read More »

Obama’s Asian trade push in doubt as Senate vote looms

Reuters | May 21, 2015 | International Trade

President Barack Obama's keynote Asian trade push risks failing in a Senate vote on Thursday, a result that would threaten the administration's diplomatic pivot to Asia to counter China's rising economic and political clout in the region. Read More »

Brazil, in reversal, blocks Peru coffee imports

Reuters | May 21, 2015 | International Trade

Brazil's government said it would not allow imports of Peruvian coffee, reversing last month's decision to open its market to its South American neighbor. Read More »

Japan takes South Korea to WTO over Fukushima-related food import restrictions

Reuters | May 21, 2015 | International Trade

Japan launched a trade complaint at the World Trade Organization to challenge South Korea's import bans and additional testing requirements for Japanese food after the 2011 Fukushima nuclear disaster. Read More »

Japan unveils $110 billion plan to fund Asia infrastructure, eye on AIIB

Reuters | May 21, 2015 | International Trade

Japan unveiled a plan to provide $110 billion in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington. Read More »