Strawbridge recommended for top trade post

AJOT | January 03, 2011 | Ports & Terminals

Sean Strawbridge, an executive at Ports America, has been recommended by Port of Long Beach Executive Director Richard Steinke for appointment as the Port’s Managing Director of Trade Relations and Port Operations.

The Board of Harbor Commissioners wi Read More »

Containerized cargo on upswing at Port Everglades

AJOT | January 03, 2011 | Ports & Terminals

A positive sign that international trade to South Florida may be improving, Port Everglades officials are reporting that containerized cargo for October and November, the first two months of the fiscal year, is up 9.6 percent over the same time period las Read More »

Port of Rotterdam emerges stronger from crisis

AJOT | January 03, 2011 | Ports & Terminals

In 2010, cargo throughput in the port of Rotterdam rose to 430 million tons. This is 11.1 % more than in 2009 and 2.1% more than in the previous record year 2008. Imports increased by 12% to 306 million tons, while exports rose by 9% to 124 million tonnes Read More »

Hutchison says to buy port, property assets from CRH

AJOT | January 03, 2011 | Ports & Terminals

Hutchison Whampoa Ltd said that it has agreed to buy port and property assets from China Resources (Holdings) Co Ltd for a total of HK$5.7 billion ($732.5 million). Read More »

Walter Energy buys coal shipping terminal

AJOT | January 03, 2011 | Ports & Terminals

Metallurgical coal miner, Walter Energy bought a shipping terminal in Alabama in a move to bulk up on coveted port capacity and lower costs, as it digests a recent deal that makes it a major player in the coal market.

Walter Energy, which has three co Read More »

Kenya port volume up 12% in first nine months of 2010

AJOT | January 03, 2011 | Ports & Terminals

Container volumes handled by Kenya's Mombasa port grew 12 percent in the first nine months of 2010 as the world economy recovered, the port operator said.

In addition to Kenya, the port handles cargo to and from Uganda, Burundi, Rwanda, south Sudan, e Read More »

Deeper canals help boost Brazil’s port throughput

AJOT | January 03, 2011 | Ports & Terminals

Brazil's sea port capacity will rise significantly in 2011 as dredging work advances, a senior port official told Reuters, relieving a major bottleneck hampering trade with the booming Latin American economy.

Brazil generates more than 40 percent of i Read More »

US proposes new rest rules for truckers

AJOT | January 03, 2011 | Intermodal

The Obama administration favors giving truckers more rest, but for now is leaving open the question of whether drivers should spend fewer hours each day behind the wheel.

The Transportation Department proposed a new regulation that it hopes will end a Read More »

BNSF discount to ship US SRW wheat stirs trade

AJOT | January 03, 2011 | Intermodal

BNSF Railway announced a discounted rate for 110-car trains of soft red winter wheat headed for the Texas Gulf, an unusual destination for that class of wheat, traders said.

Only about 7 percent of U.S. soft red winter wheat exports were shipped thro Read More »

CN completes construction of Griffith, IN, rail connection

AJOT | January 03, 2011 | Intermodal

CN has completed construction of the first major rail connection built as part of the continuing integration of the Elgin, Joliet and Eastern Railway Company (EJ&E) that, when all connections are constructed, will enhance the fluidity of train movements a Read More »

CN elects Carty to its Board of Directors

AJOT | January 03, 2011 | Intermodal

CN announced that Donald J. Carty has been elected to serve on the Board of Directors of CN. Carty will join the Board on Jan. 1, 2011. Read More »

US truckers face cost squeeze in 2011

AJOT | January 03, 2011 | Intermodal

A recovering U.S. economy and a shortage of skilled drivers will force the nation's trucking industry to either pass through unpopular price hikes next year or take a hit to their profit margins.

Rising demand for consumer and industrial goods means t Read More »

US challenges China wind power aid at WTO

AJOT | January 03, 2011 | International Trade

The United States accused China of illegally subsidizing the production of wind power equipment and asked for talks at the World Trade Organization, the first step in filing a trade case

USTR estimated Chinese manufacturers of wind turbines and relate Read More »

China defends wind power policies against US complaint

AJOT | January 03, 2011 | International Trade

China's Ministry of Commerce said it would consider a U.S. request for consultations over its support for wind power technology, while defending its actions as in keeping with global trade rules.

The United States accused China of illegally subsidisin Read More »

Vestas 2010 China orders hit high in 2010

AJOT | January 03, 2011 | International Trade

Danish wind turbine maker Vestas said its orders from China this year reached a record high as the country invests more heavily in clean energy, including wind power.

China became the world's biggest wind turbine market in 2009 when energy infrastruct Read More »

China defends rare earth quotas as in line with WTO

AJOT | January 03, 2011 | International Trade

China defended its export controls on rare earth minerals, saying that they were in line with World Trade Organisation rules, after a government move to slash export quotas on rare earths sparked trade concerns.

China, which produces about 97 percent Read More »

China’s rare earths export cut raises trade concerns

AJOT | January 03, 2011 | International Trade

China has raised fresh international trade concerns after slashing export quotas on rare earths minerals, risking action from the United States at the World Trade Organization.

China, which produces about 97 percent of the global supply of rare earth Read More »

China to probe US dumping DDGS to China

AJOT | January 03, 2011 | International Trade

China has launched an anti-dumping investigation into U.S. distillers' dried grains (DDGS), threatening a trade that has grown massively in the last year, benefiting U.S. ethanol producers and Chinese meat eaters.

DDGS, a by-product of ethanol product Read More »

China aims to improve trade balance in 2011

AJOT | January 03, 2011 | International Trade

China will try to import more in 2011 while keeping exports steady, Commerce Minister Chen Deming said, in a sign that the world's second-largest economy is keen to pull more weight as a consumer. Read More »

Beef, pork seen next on China commodity shopping list

AJOT | January 03, 2011 | International Trade

China's appearance in a commodities market can send prices soaring as suppliers scramble to meet demand -- and beef and pork could get the jolt in 2011. The rapid expansion of the world's second-largest economy means that supply and demand of many commodi Read More »