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CMA CGM upgrades its Amerigo Service, adding a new call in Miami, FL

AJOT | September 17, 2014 | Liner Shipping

The CMA CGM Group has announced that it will upgrade the Amerigo service, from October, 1st 2014, with the introduction of a new call in Miami. Read More »

UTC Overseas and Almajdouie Logistics Company sign exclusive agency joint-venture agreement

AJOT | September 17, 2014 | Breakbulk & Projects | Transport Intermediaries

U.S.-based UTC Overseas, and Saudi Arabia’s Almajdouie Logistics Company have formed an exclusive agency joint-venture agreement based on the firms’ already successful record of cooperative activities in the global project logistics field. Read More »

US oil trains must be drained of explosive gas, mayors say

Reuters | September 17, 2014 | Intermodal

Dangerous gas should be removed from oil train shipments to prevent a future disaster on the tracks, U.S. mayors and safety officials will tell regulators in comments on a sweeping federal safety plan. Read More »

UP Railroad invests $11 million to strengthen Nebraska’s transportation infrastructure

AJOT | September 17, 2014 | Intermodal

Union Pacific Railroad will strengthen Nebraska's transportation infrastructure by investing $11 million in the rail line between Grand Island and Gibbon, Nebraska. The project, funded entirely by Union Pacific without taxpayer dollars, began September 12 and is scheduled to be completed by mid-December. Read More »

OOCL Asia-Europe Trade - Winter Program Update

AJOT | September 17, 2014 | Liner Shipping

In response to the expected low demand over the winter season OOCL has withdrawn an Asia-Europ sailing Read More »

For Europe’s LNG ports, Russia gas fears and U.S. exporters buoy demand

Reuters | September 17, 2014 | Energy

Gas buyers nervous of Russia cutting supply are helping solve Europe’s problem of too many underused liquefied natural gas (LNG) terminals, as they seek space at France’s Dunkirk plant. Read More »

Ambitious U.S. pipeline firm Buckeye quietly makes key acquisition: D.C. lobbyist

Reuters | September 17, 2014 | Energy | Pipeline

Houston-based logistics firm Buckeye Partners has spent more than $3.5 billion buying assets since 2010, transforming itself from a quiet regional pipeline utility into an emerging energy powerhouse. Read More »

Maersk Implementation of Congestion Surcharge - Manila, Philippines

AJOT | September 17, 2014 | Liner Shipping

Due to heavy congestion in Manila, Phillippines Maersk Line will be implementing Port Congestion Surcharge (CON) for North America Export cargo discharged at Manila, Phillippines. Read More »

Menlo Logistics Opening New Multi-client Warehouse in Ladkrabang, Thailand

AJOT | September 17, 2014 | Transport Intermediaries

Menlo Logistics (Menlo), the US$1.5 billion global logistics subsidiary of Con-way Inc. (NYSE: CNW), today announced the opening of its new, state-of-the-art, multi-client warehouse facility in Ladkrabang, Thailand. Read More »

Infor Aligns With MercuryGate to Strengthen Transportation Management

Marketwired | September 17, 2014 | Intermodal | Transport Intermediaries

Infor Aligns With MercuryGate to Strengthen Transportation Management Read More »

Maersk Drilling sells Venezuelan drilling barge activities

Reuters | September 17, 2014 | Energy | Discovery

Maersk Drilling, a unit of A.P. Moller-Maersk, said on Wednesday it had sold its Venezuelan drilling barge activities. Read More »

China Merchants, CHEC invest in $601 mln Sri Lanka port project

Reuters | September 16, 2014 | Ports & Terminals

Two of China’s largest port operators and engineering firms have agreed to invest in a $601 million terminal in Sri Lanka’s Hambantota port, part of a series of deals signed during a visit by President Xi Jinping to the island nation. Read More »

USDA chief says urged Buffett to ready BNSF for record crops

Reuters | September 16, 2014 | Intermodal

U.S. Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year. Read More »

FedEx units to raise shipping rates from January

Reuters | September 16, 2014 | Transport Intermediaries

FedEx Corp, the world’s No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015. Read More »

Mexican, Turkish rebar producers argue against US duties

Reuters | September 16, 2014 | International Trade

U.S. producers of steel rebar undercut each other on price and are not hurt by imports from Mexico and Turkey, foreign firms told the U.S. International Trade Commission on Monday as they fought a push to slap duties on their steel. Read More »

Google launches $105 Android One

Reuters | September 16, 2014 | International Trade

Google Inc launched in India a $105 smartphone, the first device from its "Android One" initiative which is aimed at boosting sales in key emerging markets through cheaper prices and better quality software. Read More »

Gilead signs hepatitis C pact to cut drug cost for poor

Reuters | September 16, 2014 | International Trade

U.S. drugmaker Gilead Sciences Inc has licensed its hepatitis C drug Sovaldi to seven India-based drugmakers that will sell far cheaper versions of the $1,000-a-pill medicine in 91 developing nations. Read More »

ArcelorMittal, Gerdau to sell U.S. joint venture to Nucor

Reuters | September 16, 2014 | International Trade

ArcelorMittal, the world's largest steel maker, and Brazil's Gerdau announced they would sell their 50-50 joint venture Gallatin Steel to U.S. producer Nucor for $770 million. Read More »

Heineken’s snub to SAB revives beer deal speculation

Reuters | September 16, 2014 | International Trade

SABMiller's rejected bid for smaller brewer Heineken has revived talk about deals that could reshape the global beer industry in coming months. Read More »

EU asks WTO to rule on dispute with Russia over exports of vans

Reuters | September 16, 2014 | International Trade

The European Union wants the World Trade Organization to rule on its dispute with Moscow over tariffs on vans exported from the EU to Russia, the WTO said. Read More »

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