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Little change in overall Confidence Index despite gains in the present situation

AJOT | April 17, 2014 | Transport Intermediaries

Little change occurred in the latest monthly Stifel Logistics Confidence Index. Slipping only 0.1 points from 57.0 in March to 56.9 this month, the overall index did however favor improvements in the present situation increasing 1.6 points to 51.8. However, expectations for the next six months dimmed falling 1.8 points to 62.0 for April. Read More »

Online retailers in Germany under fire over working conditions

Reuters | April 17, 2014 | Intermodal

Working practices at the German operations of two of Europe's largest online retailers have come under fire this week, with more strikes at Amazon and Zalando being forced to defend its warehouse operations after a critical TV report. Read More »

TT Club signs partnership in the Philippines

AJOT | April 17, 2014 | Transport Intermediaries

Specialist transport insurance provider, TT Club has appointed a network partner in The Philippines.  Read More »

Damco supports Chinese company Kerui to go global

AJOT | April 17, 2014 | Transport Intermediaries

Global freight forwarder and logistics provider Damco will extend its partnership with the Shandong Kerui Holding Group Co., LTD. (“Kerui”). Read More »

Gebrüder Weiss offers direct groupage freight service to Turkmenistan

AJOT | April 17, 2014 | Transport Intermediaries

Since mid-April, Gebrüder Weiss has been offering a new direct groupage freight service from Sofia, Bulgaria, to the Turkmen capital Ashgabat. Read More »

Bradham joins Red Arrow Logistics to enhance overseas supply chain capabilities

AJOT | April 17, 2014 | Transport Intermediaries

Red Arrow Logistics, the logistics and transportation company that serves fast growing, complex and high value supply chains, has named supply chain management expert Garrett Bradham as VP Global Markets to enhance the company’s ability to serve its clients that operate around the world. Read More »

Old Dominion announces GRI

AJOT | April 17, 2014 | Intermodal

Old Dominion Freight Line, Inc., announced from the carrier’s Thomasville, N.C. headquarters the organization will be increasing its base rates 4.3 percent effective May 1, 2014. Read More »

Time Transports partnership helps carrier

AJOT | April 17, 2014 | Intermodal

Transport Inc. is partnering with GAIN®Clean Fuel compressed natural gas (CNG) stations to supply Time’s CNG fleet. Read More »

TruStar Energy announces grand opening of City Furniture CNG Fueling Station

AJOT | April 17, 2014 | Intermodal

The two-compressor station is located at their Tamarac headquarters and warehouse location, and will be used to fuel their fleet of new CNG-powered delivery trucks – which will service the surrounding communities. Read More »

Southeastern Freight Lines promotes Stritt to VP of Fleet Services

AJOT | April 17, 2014 | Intermodal

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, has announced that Kerry Stritt has been promoted to vice president of fleet services, operating out of Columbia, S.C. Read More »

Evolution or revolution? LNG and the railroads

Reuters | April 17, 2014 | Intermodal

Electro-Motive Diesel, the world's largest diesel locomotive manufacturer, has taken delivery of the first of four specially designed liquefied natural gas (LNG) tenders ultimately destined for use on the Canadian National railroad. Read More »

Oil traffic may delay US fertilizer shipments, farmers warn

Reuters | April 17, 2014 | Intermodal

Increasing use of railroads to ship crude oil could disrupt fertilizer cargo this spring as Midwest farmers prepare for planting, U.S. agriculture leaders warn, even as one railroad said on Monday it will take steps to ensure timely deliveries. Read More »

East African nations seek funding adviser for $4 billion railway

Reuters | April 17, 2014 | Intermodal

Tanzania, Rwanda and Burundi are looking for an adviser to help them secure financing for a $4.13 billion railway project aimed at boosting cross-border trade in the region. Read More »

Kenya’s TransCentury says 2014 profit to fall 25%

Reuters | April 17, 2014 | Intermodal

Kenya's TransCentury Ltd. said its full-year profits would be down a quarter from last year due to a fair value loss from the sale of its stake in a railway company. Read More »

Tanzania president maps out plan for transport hub

Reuters | April 17, 2014 | Intermodal | Ports & Terminals

Tanzania aims to hike cargo volumes through its main Dar es Salam port in 2015 by almost 40 percent over 2013 levels, part of plans to expand and build new transport links and become a regional hub, the president said. Read More »

Coal, grain shipments boost Union Pacific profit

Reuters | April 17, 2014 | Intermodal

Union Pacific Corp, the largest publicly traded U.S. railroad, reported a 14 percent jump in profit as coal shipments, its largest cargo, picked up and the company hauled more grains meant for export to Mexico and China. Read More »

STV provides construction management of critical freight rail yard expansion

AJOT | April 17, 2014 | Intermodal

A major expansion at Norfolk Southern’s (NS) Bellevue Yard in Ohio that will make the facility one of the largest rail car classification and switching yards of its kind in North America, is nearing its completion thanks, in part, to STV, a leading engineering and construction management firm that has a history of supporting a number of significant freight rail initiatives. Read More »

Facing firm oil prices, Asia airlines hedging big part of fuel use

Reuters | April 17, 2014 | Air Cargo

Top Asian airlines are hedging a substantial portion of their jet fuel usage this year, a Reuters survey showed, signaling they expect prices of the fuel to be firm and indicating sustained pressure on their profit margins. Read More »

Truck driver exodus caused by mandated electronic logs could compound growing driver shortage

PR Newswire | April 17, 2014 | Intermodal

What would the trucking industry look like without 70 percent of the independent and small-fleet owner-operators moving freight today? What if 52 percent of company drivers and leased owner-operators at larger fleets also suddenly exited the business? Read More »

Port Manatee’s ‘green’ locomotives to dramatically cut emissions, costs

Paul Scott Abbott | April 17, 2014 | Intermodal | Ports & Terminals

Port Manatee’s ‘green’ locomotives to dramatically cut emissions, costs

Dramatic reductions in emissions and operating costs are anticipated with Port Manatee’s deployment of two “green” locomotives on the short-line railroad that links the Tampa Bay seaport to the CSX Transportation mainline. Read More »

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