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FedEx freight drivers in Louisville reject Teamsters

AJOT | November 28, 2014 | Intermodal | Road

FedEx Freight, a subsidiary of FedEx Corporation announced that a union representation election was held today at its hub in Louisville, KY. The city and road drivers in Louisville voted against representation by the Teamsters union and in favor of continuing their direct relationship with the company. Read More »

World’s First LNG-Ready Ultra Large Container Ship Named

AJOT | November 28, 2014 | Liner Shipping

World’s First LNG-Ready Ultra Large Container Ship Named

The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships. Read More »

Dry bulk shippers: Lower capesize rates weigh on stocks

Reuters | November 28, 2014 | Liner Shipping

Shares of dry bulk shippers fall premarket due to lower rates for capesize vessels, which typically transport 150,000-tonne cargoes such as iron ore and coal Read More »

Asia-Europe container freight rates falls 8.7 percent

Reuters | November 28, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 8.7 percent to $739 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Cash, asset-rich marine fuel traders to gain Singapore market share in OW’s absence

Reuters | November 28, 2014 | Liner Shipping

The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share towards cash-rich trading companies and barge operators, traders said. Read More »

Father & son team kick it up a notch at the Transportation Logistics Company (TLC)

AJOT | November 27, 2014 | Transport Intermediaries

Barry and Todd Brule of The Transportation Logistics Company (TLC) have announced that their company name has changed to Triage Logistics Company. Read More »

Microsoft to pay China $140 million for ‘tax evasion’

Reuters | November 27, 2014 | International Trade

China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there. Read More »

Honda admits under-reporting serious US accidents since 2003

Reuters | November 27, 2014 | International Trade

Honda Motor Co failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003, the automaker acknowledged. Read More »

WTO postpones trade deal by a day after last-minute objection

Reuters | November 27, 2014 | International Trade

The World Trade Organization postponed adoption of the first global trade reform in its 19-year history, delaying by a day after a last-minute objection from Argentina, diplomats said. Read More »

Kazakhstan on brink of WTO membership deal, Afghanistan in line

Reuters | November 27, 2014 | International Trade

The 160-member World Trade Organization is in active discussions with 10 countries aiming to become members, including Kazakhstan and Afghanistan, WTO Director General Roberto Azevedo said in a report. Read More »

India-Pakistan friction threatens South Asia trade at Himalayan summit

Reuters | November 27, 2014 | International Trade

Hostilities between rivals India and Pakistan threatened to scupper efforts by South Asian leaders to boost trade among almost a quarter of the world's people, throwing into doubt any prospect of a regional customs union. Read More »

Port Everglades 20-year master/vision plan wins National Job Creation Award

AJOT | November 27, 2014 | Ports & Terminals

CG/LA Infrastructure Inc. awarded Port Everglades' 20-Year Master/Vision Plan its 2014 Projects of the Year Award for Job Creation during the 6th Annual North American Strategic Infrastructure Leadership Forum in Washington, D.C. Read More »

APM Terminals Maasvlakte II begins landside 24/7 operations

AJOT | November 27, 2014 | Ports & Terminals

APM Terminals Maasvlakte II begins landside 24/7 operations

The new APM Terminals Maasvlakte II container terminal, designed to be the world’s safest, most technologically advanced and automated container handling facility, began landside commercial operations with the opening of the high tech truck gates, launching a new era of automation to improve trucker efficiency and reduce turntimes. Read More »

Maritime safety – two steps forward, but much still to be done says TT Club

AJOT | November 27, 2014 | Transport Intermediaries

Last week saw the International Maritime Organization’s Maritime Safety Committee (IMO MSC) finalise work on two measures that are significant for standards of safety in the unit load industry, be it maritime or land-based.  Read More »

China rail spending on track to hit 2014 growth target

Reuters | November 27, 2014 | Intermodal | Rail

China's railway investment in the first 10 months of this year rose 37 percent from a year ago and is on track to meet a 2014 spending target of 800 billion yuan ($130 billion), the country's top economic planner said. Read More »

Railinc names Traynham CIO

AJOT | November 27, 2014 | Intermodal | Rail

Railinc Corp. has announced that Jerry Traynham was promoted to Chief Information Officer (CIO). Traynham will be responsible for providing the vision and leadership for Railinc's data, product development, and information systems platforms. He will report to Allen West, president and CEO, and will serve on Railinc's executive team. Read More »

GAC Pindar official logistics provider for the Offshore Powerboat Grand Prix Series

AJOT | November 27, 2014 | Transport Intermediaries

GAC Pindar official logistics provider for the Offshore Powerboat Grand Prix Series

GAC Pindar has been appointed the official logistics provider for the new Offshore Powerboat Grand Prix (OPGP) Series. Read More »

Gebrüder Weiss increases investment in the Czech Republic

AJOT | November 27, 2014 | Transport Intermediaries

For 20 years, Gebrüder Weiss has enjoyed successful representation on the Czech market and is now expanding its logistics site in Brno by adding two warehouses, a cross-docking hub and additional office space. Read More »

WACO System expands Latin America presence with new Mexico member

AJOT | November 27, 2014 | Transport Intermediaries

Universal Cargo M, S.A De C.V. has joined global freight management network The WACO System as its member in Mexico. Read More »

Kenya’s Mombasa to start charging extra taxes at port

Reuters | November 27, 2014 | Ports & Terminals | Ports

Kenya’s port city of Mombasa, a major trade gateway to east Africa, will start charging new taxes on shipping containers, its governor said on Thursday, defying opposition from the national government in Nairobi. Read More »

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