Teamsters and Non-Union Harbor Trucker Join Forces To Start New Trucking Company

Stas Margaronis | May 04, 2015 | Ports & Terminals | Landside Service

The effort to unionize Southern California harbor truck drivers took an unexpected turn on May 4th when Saybrook Capital, prime investor in Total Transportation Services, Inc (TTS) - an opponent of unionization of drivers, announced that it has started a “sister” company supported by the Teamsters Union. Read More »

Emirates SkyCargo to launch weekly freighter service to Columbus, OH

AJOT | May 06, 2015 | Air Cargo

Emirates SkyCargo, the freight division of Emirates, has announced that Columbus, the State Capital of Ohio in the United States, will join its global freighter network with the launch of a weekly service to Rickenbacker International Airport (LCK) from 27 May 2015. Read More »

The CMA CGM KERGUELEN, CMA CGM’s largest vessel, crosses the Suez Canal,

AJOT Administrator | May 06, 2015

The CMA CGM Group is pleased to announce that the CMA CGM KERGUELEN, the Group’s largest vessel, crossed the Suez Canal for the first time on May 2nd, 2015. On this occasion, the Suez Canal Authority Chairman, the Admiral Mohab Mameesh, boarded the CMA CGM KERGUELEN and completed a section of the Canal crossing. Read More »

Global Logistics Provider Damco Opens New Commercial Office in Boston

AJOT | May 06, 2015 | Transport Intermediaries

Damco is pleased to announce the opening of a new commercial office in Boston, Massachusetts. The new office will better position Damco to serve its growing client base in the New England region and demonstrates a commitment to ever improving its customers’ experience in the area. Read More »

German railway operator proposes mediator to resolve train strike

Reuters | May 06, 2015 | Intermodal | Rail

German rail operator Deutsche Bahn on Wednesday suggested appointing an independent mediator to help resolve a dispute with the GDL train drivers’ union and stop a strike causing nationwide disruption. Read More »

Air China Cargo honors Fraport Cargo Services as its Best Airfreight Service Provider worldwide

AJOT | May 06, 2015 | Air Cargo

Chinese carrier praises high level of professionalism at Fraport’s FCS cargo handling subsidiary Read More »

Iran says dispute over seized Maersk ship could be settled in days

Reuters | May 06, 2015 | Liner Shipping

Iran said on Wednesday a legal settlement could be reached soon over its seizure of a Marshall-Islands flagged Maersk Tigris container ship in the Strait of Hormuz last month, the official IRNA news agency reported. Read More »

Philippines, Japan coast guards hold anti-piracy drills

Reuters | May 06, 2015 | Liner Shipping

Philippine and Japanese coast guard teams staged an anti-piracy drill on Wednesday, featuring the storming of a cargo vessel after a mock hijack, in a show of maritime cooperation between the two nations amid rising tension in Asian waters. Read More »

Daimler says Nevada licence to help self-drive trucks gain traction

Reuters | May 06, 2015 | Intermodal | Road

Daimler has been granted a licence by the U.S. state of Nevada to test self-driving trucks on public roads, as the United States and Europe race to establish a regulatory framework for autonomous vehicles. Read More »

Saudi shipper Bahri hopes to issue sukuk this quarter

Reuters | May 06, 2015 | Liner Shipping

National Shipping Company of Saudi Arabia (Bahri) plans to make a debut sukuk issue worth up to 3.9 billion riyals ($1.04 billion) this quarter, the company’s vice chief executive officer for finance Mohammad Alotaibi said on Wednesday. Read More »

Shipping industry points to more Asian economic weakness

Reuters | May 06, 2015 | International Trade

Steep drops in Asian shipping rates are adding to fears about slowing trade, as a fall in export orders from countries across the region depresses demand for ships carrying 90 percent of world trade. Read More »

Four new cranes mark the beginning of a new era at Barbours Cut Container Terminal in Houston

GlobeNewswire | May 05, 2015 | Ports & Terminals | Ports | Container Port

Four new Super Post-Panamax wharf cranes for the Port of Houston Authority’s Barbours Cut Container Terminal traveled up the Houston Ship Channel today on the last leg of a 73-day journey. The cranes, nearly 30 stories high, were manufactured by Konecranes in Mokpo, South Korea, and left for Houston Feb. 23, 2015. Read More »

UPS Becomes Nation’s Largest User of Renewable Natural Gas in Shipping Industry

GlobeNewswire | May 05, 2015 | Transport Intermediaries

New Agreement with Clean Energy Will Help Grow Market for Use of Methane Gas from Landfills as Fuel Read More »

Trafigura says exported two U.S. condensate shipments in April

Reuters | May 05, 2015 | Energy

Swiss commodity trader Trafigura AG exported two shipments of processed condensate last month from Corpus Christi, Texas, the company said. Read More »

Toronto Pearson posts strong first quarter

AJOT | May 05, 2015 | Air Cargo

The Greater Toronto Airports Authority (the "GTAA") today reported its financial and operating results for the three-month period ended March 31, 2015. The results show a continuation of the improvement in aviation activity experienced in 2014. Passenger volumes grew by 7.0% during the first quarter of 2015 reflecting both the economic strength of the Greater Toronto Region, and the role of Toronto Pearson as Canada's largest airport and North America's second busiest airport in terms of international passengers. Read More »

India’s Adani Ports quarterly profit up 33%

AJOT | May 05, 2015 | Ports & Terminals

India's Adani Ports and Special Economic Zone Ltd (APSEZ) posted a 33% year-on-year increase in quarterly net profit to INR6.61 billion (US$107 million), drawn on consolidated total income of INR18.3 billion, which increased 42% Read More »

Oil slump helps push Canada trade deficit to record high

AJOT | May 05, 2015 | Energy | International Trade

Canada's trade deficit jumped to a record high C$3.02 billion ($2.50 billion) in March from February as imports surged and weak crude prices helped curb exports, Statistics Canada data showed. Read More »

California exports down less in latest numbers

AJOT | May 05, 2015 | International Trade

The value of California’s merchandise export trade declined in March, falling 2.9% from the same month last year, according to a Beacon Economics analysis of foreign trade data released this morning by the U.S. Commerce Department. Read More »

Targa says splitter, terminal with Noble still under consideration

Reuters | May 05, 2015 | Ports & Terminals | Terminals | Terminal Operator

Targa Resources Partners LP is working closely with Noble Group as Asia’s biggest commodity trader evaluates whether to move forward a deal to support a Targa-built condensate splitter, a new terminal or both in Texas, Targa Chief Executive Joe Bob Perkins said on Tuesday. Read More »

SEKO Logistics selects Greenbriar Equity Group as equity partner for growth

AJOT | May 05, 2015 | Transport Intermediaries

SEKO Logistics has selected Greenbriar Equity Group LLC, a New York-based private equity firm focused exclusively on the global transportation industry, as its new equity partner to help spearhead the next stage of its growth. Terms of the transaction were not disclosed. Read More »