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China says FTA with South Korea may be effective in 2015

Reuters | November 17, 2014 | International Trade

A free trade agreement between China and South Korea should be effective in the second-half of next year if all goes well, a top commerce ministry official said, ending negotiations that started in 2012. Read More »

China to invest $25 billion on five new railway lines

Reuters | November 17, 2014 | Intermodal | Rail

China has approved construction of five railway projects worth 152.7 billion yuan ($24.93 billion), the country's top economic planning agency said, the latest sign that the government is lifting investment to tackle slackening economic growth. Read More »

Broekman Distriport expands terminal for new Scandinavian liner service

AJOT | November 17, 2014 | Ports & Terminals

Broekman Distriport is expanding its terminal in the Port of Rotterdam by 50,000 m2 to distribute goods to and from Western Scandinavia. Broekman Group and Norwegian Sea-Cargo signed an agreement on Monday, 17 November to develop and utilise the 'Continental Hub'. Read More »

Retailers in England head North to avoid congestion

AJOT | November 17, 2014 | Ports & Terminals

A shortage of inland transport capacity and increased waiting times for lorries at ports in the south of England have brought an uplift in the volume of containers to the Port of Liverpool. Read More »

Port of South Louisiana’s Millet receives 2014 Louisiana Technology Council Governor’s Award

AJOT | November 17, 2014 | Ports & Terminals

Port of South Louisiana’s Millet receives 2014 Louisiana Technology Council Governor’s Award

The Port of South Louisiana’s Policy and Planning Director and President of Infragard Louisiana, Lester Millet, III, recently received the 2014 Louisiana Technology Council Governor’s Technology Award for Growth Organization of the Year. Read More »

Record growth continues at Georgia’s ports

AJOT | November 17, 2014 | Ports & Terminals

The Georgia Ports Authority announced today that its terminals in Brunswick and Savannah moved a combined 2.79 million tons of freight in October, a record for the authority. Read More »

Long Beach Board OKs extra storage to relieve congestion

AJOT | November 17, 2014 | Ports & Terminals

Acting to relieve cargo delivery delays, the Long Beach Board of Harbor Commissioners have approved the use of Port of Long Beach property as a temporary site for the storage of empty containers, which will help to free up needed equipment to move cargo out of shipping terminals faster. Read More »

Old Dominion named Best LTL National Carrier by Mastio & Company

AJOT | November 17, 2014 | Intermodal | Road

Old Dominion Freight Line, Inc. received the 2014 Mastio Award again, leading its category of less-than-truckload (LTL) carriers for the fifth consecutive year. Read More »

Ruscon looks to double service from the Russian Pacific to Moscow

AJOT | November 17, 2014 | Intermodal | Rail

Ruscon, part of the GCS Group, is considering doubling the frequency of its weekly fixed day intermodal service from the port of Vostochniy in the Russian Pacific to Moscow. Read More »

UP Railroad invests $12 million to strengthen Illinois’ transportation infrastructure

AJOT | November 17, 2014 | Intermodal | Rail

Union Pacific Railroad will strengthen Illinois' transportation infrastructure by investing $12 million in the rail line between West Chicago and Franklin Grove, Illinois. The project began October 1 and is scheduled to be completed by mid-December. Read More »

Geodis Wilson opens new logistics hubs to service global oil & gas industry 

AJOT | November 17, 2014 | Transport Intermediaries

Geodis Wilson opens new logistics hubs to service global oil & gas industry 

Geodis Wilson, the global freight management and logistics provider, has announced the expansion of its global network of operating hubs dedicated to the sector, thus underlining its on-going commitment to the logistics demands of the Oil & Gas industry. In addition to existing hubs in Houston and Vitrolles (near Marseille), the company has just opened a third hub in Singapore. Read More »

A&R Logistics chooses HighJump Warehouse Advantage and Billing Management to strengthen operations

AJOT | November 17, 2014 | Transport Intermediaries

HighJump Software, a global provider of supply chain management software, announced that A&R Logistics has selected HighJump™ Warehouse Advantage and HighJump™ Billing Management to efficiently manage inventory and control costs in warehouses and rail yards throughout the country. A&R Logistics is a leading logistics services provider, as well as a provider of bulk plastic and dry flowable transportation. Read More »

Locus Traxx Worldwide and Paramount Citrus sign partnership

AJOT | November 17, 2014 | Transport Intermediaries

Locus Traxx Worldwide has announced its partnership with Paramount Citrus, the largest fresh citrus grower in the Western United States. This integration will boost efficiency, visibility and live load temperature and location tracking into Paramount’s TMS solution. Read More »

South Africa’s Barloworld posts FY profit on after-market sales

Reuters | November 17, 2014 | Transport Intermediaries

South Africa's Barloworld reported a 7 percent rise in full-year profit, as after-market sales helped the logistics and heavy equipment firm overcome weakness in the mining industry and a slowdown in Russia. Read More »

Airbus to build new Beluga in-house transporter plane

Reuters | November 17, 2014 | Air Cargo

Airbus has decided to renew a fleet of outsized cargo planes that it uses to transport aircraft sections between its key European factories, the planemaker said. Read More »

A fast delivery as ABC moves cars for Macao Grand Prix

AJOT | November 17, 2014 | Air Cargo

AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group and Russia’s largest cargo airline, has delivered Formula 3 cars to China to compete in the Macao Grand Prix. Read More »

Premium Article  Multi-purpose terminals offer diversity, valuable service

Karen Thuermer | November 17, 2014 | Ports & Terminals | Ports | Break Bulk Port

Multi-purpose terminals offer diversity, valuable service

With more cargoes being transported by container, it’s no surprise that seaports are expanding and building container terminals. But don’t underestimate the importance of multi-purpose seaport terminals, which play an important role in attracting highly competitive breakbulk, bulk and roll-on/roll-off (ro/ro) business. While their volumes fluctuate depending upon domestic and global supply and demand, these commodities dovetail with expanding manufacturing opportunities at home and abroad. Read More »

MSC announces West Coast Port Congestion Surcharges

AJOT | November 17, 2014 | Liner Shipping

MSC announces West Coast Port Congestion Surcharges

MSC announced a surcharge for all cargoes discharged for USWC ports on or after November 17, 2014 Read More »

U.S. crude oil production tops 8.6 million bbl. in August

AJOT | November 17, 2014 | Energy | Refinery | Discovery

U.S. crude oil production tops 8.6 million bbl. in August

Crude oil and lease condensate production in the United States exceeded 8.6 million barrels per day (bbl/d) in August, a production volume not observed since July 1986, according to EIA's latest Petroleum Supply Monthly. Read More »

Genco Shipping and Trading Clarifies Change In Ticker Symbols

PR Newswire | November 17, 2014 | Liner Shipping

BB. Genco’s common stock will trade under the ticker symbol “GSKNE” and its warrants will trade under the ticker symbol “GNKWE” for one day, November 17, 2014. Read More »

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