The CMA CGM Group obtains the Kingston Containers Terminal concession

AJOT | April 29, 2015 | Liner Shipping

With CMA CGM, Kingston becomes one of the major transshipment hub port in the Caribbean Read More »

Busan port unveils port expansion plans

AJOT | April 29, 2015 | Ports & Terminals | Ports

The Korean government has announced plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU. The new facilities will be a mix of container terminals, feeder terminals and multi-purpose terminals and work will begin in stages based on actual cargo demand and under the coordination of central government. Read More »

First WIM System to Obtain OIML Certification

AJOT | April 29, 2015 | Intermodal | Road

Kistler Lineas® strip sensors are now OIML-certified for low to medium-speed vehicle weighing. Kistler announced that it has obtained the OIML R-134 certificate for its Weigh-In-Motion (WIM) system consisting of Lineas quartz WIM sensors and the Kistler WIM Data Logger. Kistler is the first WIM manufacturer to have received an OIML certificate for vehicle weighing with strip sensors from 3 to 65 km/h. As OIML R-134 is the international metrology standard for legal weighing applications, the certificate paves the way for the use of Kistler WIM systems in applications such as weight-based toll collection and automatic weight enforcement. Read More »

Ternvag Most Sustainable Vessel in Rotterdam in 2014

AJOT | April 29, 2015 | Liner Shipping

The Ternvag, a oil/product tanker owned by the Danish company Terntank, was the most sustainable vessel to dock in Rotterdam in 2014, according to the Environmental Ship Index (ESI). Last year 1413 ships with a high entry in the Environmental Ship Index arrived in Rotterdam. In total, the Port Authority paid out €1.2 million on these sustainable vessels. Read More »

Teamsters Picket Four Harbor Trucking Companies At LA/LB

Stas Margaronis | April 29, 2015 | Ports & Terminals

The Teamsters Union began picketing four trucking companies at the Ports of Los Angeles and Long Beach and may have discouraged terminals from allowing the companies to make pickups and deliveries. Read More »

Wal-Mart to expand China store network by nearly a third after growth stalls

AJOT | April 29, 2015 | International Trade

Giant U.S. retailer Wal-Mart Stores Inc (WMT.N) plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery shoppers despite slowing growth. Read More »

Eurogroup’s Dijsselbloem says Greece will not make it without aid

AJOT | April 29, 2015 | International Trade

The head of the Eurogroup said on Tuesday that a recent shakeup of Greek Prime Minister Alexis Tsipras' negotiating team would not by itself resolve the impasse between Greece and its creditors, and Athens would need new loans to stay afloat. Read More »

John Manners-Bell reflects on XPO Logistics’ acquisition of Norbert Dentressangle

AJOT | April 29, 2015 | Transport Intermediaries

News broke overnight that XPO Logistics and Norbert Dentressangle have entered into an agreement for XPO Logistics to acquire a majority interest in Norbert Dentressangle and launch a tender offer for the remaining shares in a deal with a total value of €3.24bn. Read More »

The CMA CGM Group acquires a strategic stake in LCL Logistix

AJOT | April 29, 2015 | Transport Intermediaries

The CMA CGM Group is pleased to announce that it took a strategic stake in the 25-years old company LCL Logistix, one of India’s logistics leaders, via the Group’s subsidiary specialized in freight forwarding and logistics solutions. Read More »

UPS Customers set to benefit from new operations centre at King Fahad International Airport

AJOT | April 29, 2015 | Air Cargo

A new state of the art operations facility in Dammam was officially inaugurated at King Fahad International Airport (KFIA). It will be partly utilized by EIRAD Trading & Contracting Co. Ltd. - the Authorized Service Contractor for UPS in Saudi Arabia. Read More »

Record Cargo and Revenue Continue at Port Authority

AJOT | April 29, 2015 | Ports & Terminals | Ports | Container Port

The Port Commission, at its regular monthly meeting, approved several agenda items aimed at further strengthening operations at the Port of Houston Authority. Read More »

Panama Canal expansion marks key milestone with installation of final gate

AJOT | April 29, 2015 | Ports & Terminals | Canal and Waterway

The Panama Canal Authority (ACP) announced today a key milestone in the Expansion Program, with the installation of the sixteenth and final gate for the new locks on the Pacific side of the Canal. Read More »

XPO Logistics to Acquire Norbert Dentressangle SA

AJOT | April 29, 2015 | Transport Intermediaries

XPO Logistics and Norbert Dentressangle today announced that they have entered into a definitive agreement for XPO Logistics to acquire a majority interest in Norbert Dentressangle and launch a tender offer for the remaining shares. Read More »

Jeffersonville port sets quarterly shipping record

AJOT | April 29, 2015 | Ports & Terminals | Ports | Container Port

The Port of Indiana-Jeffersonville recorded the highest quarterly shipments in its 30-year history during the first quarter of 2015. Cargo volume exceeded 800,000 tons, up 10 percent from the previous record set in the first quarter of 2014. Read More »

Kenco Partners with University of Tennessee on Warehouse Best Practices Study

AJOT | April 29, 2015 | Transport Intermediaries

Kenco partnered with the University of Tennessee (UT) to publish a report focused on warehouse best practices. The report entitled “The ABCs of DCs” is the fifth in UT’s Game Changing Trends in Supply Chain series. Read More »

NMA and OOIDA Dispute Split-Speed Limit Safety Claims by American Trucking Associations

AJOT | April 29, 2015 | Intermodal | Road

NMA and OOIDA issued a joint statement questioning claims made by the ATA that all trucks need speed limiters programmed to 65 mph. Read More »

Port to Consider Cement Import Facility Final EIR

AJOT | April 29, 2015 | Ports & Terminals | Ports | Dry Bulk Port

The Port’s Board of Harbor Commissioners will consider the adequacy of the final EIR at its regular meeting May 11, and whether to approve the proposed project. Read More »

Maersk says crew of container vessel seized by Iran are safe

Reuters | April 29, 2015 | Liner Shipping

Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe and “in good spirits” after Iranian authorities seized the vessel in the Strait of Hormuz the previous day. Read More »

Shipping group CMA CGM acquires India’s LCL Logistix

Reuters | April 29, 2015 | Transport Intermediaries

CMA CGM has acquired a 60 percent stake in India’s LCL Logistix as it tries to expand in freight forwarding services, the French shipping group said on Wednesday. Read More »

Iranian Revolutionary Guards seize cargo ship in Gulf

Reuters | April 28, 2015 | Liner Shipping

Iranian patrol boats intercepted a cargo ship in the Strait of Hormuz on Tuesday and forced it into Iranian territorial waters by firing shots across its bow, prompting the U.S. Navy to send a destroyer and reconnaissance plane to monitor the situation. Read More »