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Russian ties, trade lie behind EU sanctions rift

Reuters | July 23, 2014 | International Trade

Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia. Read More »

Poland confirms case of African swine fever in farm pigs

Reuters | July 23, 2014 | International Trade

Polish authorities have identified the country's first ever case of African swine fever (ASF) to be found in farm pigs, the chief veterinary officer said. Read More »

Shanghai police detain 5 in McDonald’s, Yum-linked China food safety probe

Reuters | July 23, 2014 | International Trade

Shanghai police said they have detained five people in an investigation into a Chinese-based supplier of foreign brands including KFC-parent Yum Brands Inc , McDonald's Corp and coffee chain Starbucks Corp over allegations the firm supplied its clients with stale meat. Read More »

GB Group to implement Tideworks Technology for Greenfield Terminal in Haiti

AJOT | July 23, 2014 | Ports & Terminals

Tideworks Technology®, Inc., a full-service provider of comprehensive terminal management and planning software solutions, today announced that GB Group has selected to implement Tideworks terminal operating system (TOS) solutions for its greenfield container terminal, Port Lafito, S.A., in Haiti. Read More »

Yusen Logistics innovates with launch of double deck ocean container transport on all routes

AJOT | July 23, 2014 | Transport Intermediaries

Yusen Logistics innovates with launch of double deck ocean container transport on all routes

Yusen Logistics announces the launch of an innovative ocean transportation service which enables double stacking of product inside ocean containers, through the installation of specialized decks. Read More »

Second half of 2014 begins on a positive note for the Logistics Confidence Index

AJOT | July 23, 2014 | Transport Intermediaries

The Stifel Logistics Confidence Index for July appears to mirror an uncertain economic environment. Since February of this year, the overall Index has increased one month and then declined the next reaching its high so far this year in May at 57.9. For the current month, the index is up 0.9 points over June to 56.1. Read More »

Dachser acquires remaining shares of MGI & Dachser

AJOT | July 23, 2014 | Transport Intermediaries

Dachser announced its acquisition of the remaining 50 percent of MGI & Dachser to create Dachser Korea, Inc. Read More »

US proposes new rules for moving crude oil by rail

Reuters | July 23, 2014 | Intermodal

The U.S. Department of Transportation proposed an overhaul of safety standards for transporting crude oil and ethanol by rail, after a number of explosive accidents over the past year. Read More »

Norfolk Southern posts better-than-expected profit

Reuters | July 23, 2014 | Intermodal

U.S. railroad operator Norfolk Southern Corp reported a better-than-expected second-quarter profit, helped by higher volumes across its businesses as the economy improves. Read More »

U.S. crude inventories fall more than expected in week

Reuters | July 23, 2014 | Energy

U.S. crude stocks fell more than expected last week even as refineries cut output, government data showed on Wednesday, but a build of 5 million barrels in combined inventories of gasoline and distillates raised questions about demand. Read More »

Iraq’s south oil exports rise to near-record, avoid northern conflict

Reuters | July 23, 2014 | Energy | Maritime

Iraq’s oil exports from its southern terminals in July rose to a near-record rate, according to loading data and industry sources, remaining unaffected by fighting in other parts of the country. Read More »

EU freezes assets of two firms accused of supplying oil to Syria

Reuters | July 23, 2014 | Energy

The European Union on Wednesday froze the assets of two oil- trading firms accused of organising covert shipments of oil to Syria. Read More »

LoBiondo Statement from Hearing on Domestic Aviation Manufacturing

AJOT | July 23, 2014 | Air Cargo

Hearing on “Domestic Aviation Manufacturing: Challenges and Opportunities” Read More »

Russia’s Gazprom Neft starts production at Iraq Badra oilfield

Reuters | July 23, 2014 | Energy | Discovery

Russia’s Gazprom Neft, the oil arm of state-run Gazprom, has started initial commercial oil production from its Badra oilfield in Iraq, the oil ministry said on Wednesday. Read More »

Gazprom monopoly on pipeline gas exports “unshakeable”

Reuters | July 23, 2014 | Energy | Pipeline

The monopoly held by state-controlled Gazprom on the right to export Russian gas by pipeline was described as “unshakeable” by an aide to President Vladimir Putin on Wednesday. Read More »

Petrol prices rise in Crimea despite Russian promise

Reuters | July 23, 2014 | Energy

The cost of petrol has risen in Crimea for the first time since Russia seized the Black Sea peninsula from Ukraine in March, despite a promise by Moscow to reduce the price. Read More »

Exports channelled through the Port of Barcelona were more than 63% above pre-crisis records

George Lauriat | July 23, 2014 | Ports & Terminals

Total traffic and container traffic grew 7% in the first half of the year Read More »

ATA Calls on Senate to Adopt Shorter Highway Trust Fund Patch

AJOT | July 23, 2014 | Intermodal

American Trucking Associations called on the Senate to adopt a shorter term patch for the Highway Trust Fund in order to pass a long-term, well-funded highway bill sooner, rather than later. Read More »

British International Freight Association names new Director General

AJOT | July 23, 2014 | Intermodal

The British International Freight Association has named Robert Keen as its new Director General to succeed Peter Quantrill who retires from the trade association in August. Read More »

CMA CGM reorganizes the rotations of its ASAF and WAX lines to improve service

AJOT | July 23, 2014 | Liner Shipping

CMA CGM reorganizes the rotations of its ASAF and WAX lines to improve service

In order to better match the needs of its customers in terms of Asian ports covering and available capacities, and to improve the reliability and flexibility of its lines, CMA CGM has decided to reorganize the rotations of its ASAF and WAX lines. Read More »

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