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European firms in Russia say they fear being ‘sacrificed’ in Ukraine standoff

Reuters | October 14, 2014 | International Trade

European companies in Russia warned they were being hurt by a Russian embargo on food imports as well as EU sanctions and risked being "sacrificed" in the standoff over Ukraine. Read More »

EU, China have resolved telecoms dispute

Reuters | October 14, 2014 | International Trade

China and the European Union have found a way to end a long-running dispute over Chinese exports of telecoms equipment, resolving one of the most divisive issues between the major trade partners, the EU's top trade official said. Read More »

India loses WTO dispute over bird flu curbs on US poultry

Reuters | October 14, 2014 | International Trade

India broke World Trade Organization rules by blocking U.S. poultry imports because of unsubstantiated bird flu fears, a WTO dispute panel ruled. Read More »

China trade data eases slowdown fears, more stimulus may still be needed

Reuters | October 14, 2014 | International Trade

China's surprisingly strong trade performance in September may reduce the chances of aggressive policy action such as an interest rate cut, but the prospects of a prolonged property slump suggests more measures are still needed to shore up the economy. Read More »

Russia signs deals with China to help weather sanctions

Reuters | October 14, 2014 | International Trade

Russia and China signed energy, trade and finance agreements proclaimed by Moscow as proof that a policy turn to Asia is bearing fruit and will help it to weather Western sanctions over the Ukraine crisis. Read More »

Hutchison Whampoa to invest $110 million in top Panama port expansion

Reuters | October 14, 2014 | Ports & Terminals

The Panama Ports Company (PPC), a unit of Hong Kong-based conglomerate Hutchison Whampoa Ltd, will invest about $110 million through 2015 to expand Panama's Balboa Port, the company's top executive told reporters. Read More »

Panama Canal registers tonnage increase in FY 2014

AJOT | October 14, 2014 | Ports & Terminals

The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year 2014 which concluded on September 30. Read More »

Puerto Rico announces plan for Port of the Americas

AJOT | October 14, 2014 | Ports & Terminals

Puerto Rico announced that it is looking for a major international port operator to partner with on the development of the Port of the Americas, located in Ponce, on the southern coast of the island. Read More »

Port of Brunswick achieves double-digit growth

AJOT | October 14, 2014 | Ports & Terminals

Port of Brunswick achieves double-digit growth

At the Brunswick State of the Port address, Georgia Ports Authority Executive Director Curtis Foltz reported double-digit growth in total tonnage and a record number of auto and machinery units moved over Brunswick docks in fiscal year 2014. Read More »

Panama Canal cargo traffic, toll revenue rise slightly in 2014

Reuters | October 14, 2014 | Ports & Terminals

Cargo traffic through the Panama Canal rose 2 percent in the 2014 fiscal year to 326.8 million tons, the Panama Canal Authority said. Read More »

Commission directs Port of Long Beach staff to increase peak chassis supply

AJOT | October 14, 2014 | Ports & Terminals

In its ongoing efforts to provide congestion relief to customers and stakeholders, the Long Beach Board of Harbor Commissioners, at its Oct. 13 weekly meeting, directed Port of Long Beach staff to develop plans for purchasing and providing thousands of truck chassis for congestion relief during peak periods.  Read More »

Global analysis acknowledges Safmarine’s dedication to customers

AJOT | October 14, 2014 | Liner Shipping

INTTRA, the world’s largest multi-carrier e-commerce network for ocean shipping has through an extensive analysis concluded on Safmarine’s and other ocean carriers ability to respond to customer bookings to provide a global benchmark for the time customers need to allocate to book a container shipment online. Read More »

CSX profit up, beats forecasts as US economy boosts freight

Reuters | October 14, 2014 | Intermodal | Rail

No. 3 U.S. railroad CSX Corp reported a rise in third-quarter profit, beating forecasts and predicting double-digit growth for 2015 as it moved more freight on its network due to a growing U.S. economy. Read More »

Canadian Pacific approached CSX about merger

Reuters | October 14, 2014 | Intermodal | Rail

Canadian Pacific Railway Ltd has approached CSX Corp about merging the two North American railroad operators to create a transcontinental carrier worth more than $60 billion, according to the Wall Street Journal. Read More »

Emergency responders from 12 states complete Union Pacific’s tank car safety training

AJOT | October 14, 2014 | Intermodal | Rail

Union Pacific Railroad conducted tank car safety training for 62 emergency response personnel from 12 states at the rail industry's testing facility in Pueblo, Colorado. Two five-day courses were held from September 21-26 and October 5-10. Union Pacific paid for all attendees' expenses, with no cost to communities or organizations. Read More »

East Africa Standard Gauge Railway gets closer to Rwanda

AJOT | October 14, 2014 | Intermodal | Rail

A Chinese construction company, China Harbor Engineering, has been contracted to build a $13.5b railway to offload the region with costly and slower transport. Read More »

Yusen Logistics (Americas) offers short haul intermodal service

AJOT | October 14, 2014 | Intermodal | Road | Transport Intermediaries

Yusen Logistics (Americas) Inc., a global third-party logistics provider, is expanding its Short Haul Intermodal Service. Read More »

New management board member appointed at Kuehne + Nagel

AJOT | October 14, 2014 | Transport Intermediaries

The Board of Directors of Kuehne + Nagel International AG has appointed Gianfranco Sgro as a new member of the Management Board effective February 1, 2015. He will assume global responsibility for the business unit Contract Logistics. Dr. Detlef Trefzger will continue to head the business unit in addition to his CEO responsibilities until Gianfranco Sgro joins Kuehne + Nagel. Read More »

CenterPoint Properties acquires a 317,500 SF logistics facility in Avenel, NJ

AJOT | October 14, 2014 | Intermodal | Road | Ports & Terminals

CenterPoint Properties has announced the acquisition of a 317,500 square foot facility on 19.57 acres located at 11 Cragwood Road, Avenel, NJ. Gary Gabriel of Cushman & Wakefield represented CenterPoint in the transaction. Read More »

Old Dominion opens Memphis Service Center

AJOT | October 14, 2014 | Intermodal | Road

Old Dominion Freight Line, Inc. will open a new 267-door facility in Memphis on October 20th. Read More »

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