GCC rail network to connect the 6 Gulf states by 2018

AJOT | April 15, 2015 | Intermodal | Rail

2,177km rail network will link the Gulf countries together, providing alternative to air or sea travel Read More »

Grup TCB acquires Terminal Polivalente de Castellón

AJOT | April 15, 2015 | Ports & Terminals | Terminals | Terminal Operator

The transaction is part of the strategic development and growth plan of Grup TCB and consolidates its leadership in the Mediterranean arc. Read More »

Contingency plan on CMA CGM Far East-North Europe lines for weeks 16 to 18

AJOT | April 15, 2015 | Liner Shipping

CMA CGM will implement a blank sailing program for April 2015 on its Far East - North Europe lines, in order to adjust capacities in line with the demand, without service disruption. Read More »

Molycorp chosen to supply Rare Earths for use in high-efficiency Siemens wind turbine generators

AJOT | April 15, 2015 | Energy | Alternative | International Trade

Siemens AG has selected Molycorp, Inc.to supply rare earth materials over the next 10 years from its Mountain Pass, California facility for incorporation into Siemens' high-efficiency, direct drive wind turbine generators. Read More »

GPA container traffic leaps nearly 28%

AJOT | April 15, 2015 | Ports & Terminals | Ports | Container Port

The Port of Savannah has moved 2.66 million twenty-foot equivalent container units during the fiscal year through March. Read More »

CEVA Logistics announces sale of Italy groupage business

AJOT | April 15, 2015 | Transport Intermediaries

Sittam is recognized as a market leader in Italy, and for the quality, flexibility and reliability of its groupage services (consolidating small shipments into larger loads) in international land transport. Read More »

Shipping ‘Oscars’ to be held at National Maritime Museum Greenwich

AJOT | April 15, 2015 | Liner Shipping

Lloyd’s List is to hold its annual global shipping awards at Britain’s National Maritime Museum with two new awards up for grabs. Read More »

Seko Logistics delivers full visibility and cost efficiencies for Jaguar Land Rover

AJOT | April 15, 2015 | Transport Intermediaries

Jaguar Land Rover (JLR) has fully automated its global priority warranty parts returns service in partnership with SEKO Logistics, creating full visibility from pre-shipment to delivery - producing cost savings and service efficiencies. Read More »

CSX sees Q2 EPS flat to slightly up versus 2014

Reuters | April 15, 2015 | Intermodal | Rail

U.S. railroad CSX Corp said on Wednesday that it expects its second-quarter earnings per share will be flat to slightly up compared with the 53 cents the company reported in the same quarter in 2014. Read More »

Alianҫa’s cabotage fleet continues to grow

AJOT | April 15, 2015 | Liner Shipping

Within the scope of a customer event, the new container ship “Bartolomeu Dias” was christened on 14 April 2015 at the TECON Terminal in the southern-Brazilian port of Rio Grande. Read More »

Saudi’s Bahri confirms Q1 net profit more than doubles on year ago

Reuters | April 15, 2015 | Liner Shipping

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Aramco, said on Wednesday its first-quarter net profit more than doubled, broadly reaffirming the estimated earnings issued last week. Read More »

IAG Cargo delivers indigenous Australian artefacts for highly anticipated British museum exhibition

AJOT | April 15, 2015 | Air Cargo

IAG Cargo has successfully transported 10 irreplaceable artefacts and artworks for the BP exhibition Indigenous Australia: enduring civilisation, which opens on 23rd April. The items travelled over 10,000 miles from Australia to the UK through Secure, IAG Cargo’s high-security service. Read More »

Germany’s Meyer Werft buys Finland out of Turku shipyard

Reuters | April 15, 2015 | Liner Shipping

Germany’s family-owned Meyer Werft shipyard is buying the Finnish state out of Turku shipyard in southwestern Finland, the government said on Wednesday. Read More »

Vopak staff to strike at Vlissingen

Reuters | April 15, 2015 | Energy | Maritime | Ports & Terminals | Ports | Wet Bulk Port

Staff at Vopak will strike for at least two hours on Wednesday at the oil and gas storage company’s terminal at the Dutch port of Vlissingen, a union official told Reuters. Read More »

Malaysia’s Bumi Armada wins $300 mln contract in Malta

Reuters | April 14, 2015 | International Trade

Malaysian oil field services firm Bumi Armada Bhd has won contracts worth $300 million to provide a floating storage unit in Delimara, Malta, to ElectroGas Malta Limited, it said on Tuesday. Read More »

Magellan Midstream, TransCanada to develop Houston pipeline

Reuters | April 14, 2015 | Breakbulk & Projects | Projects | Energy | Pipeline

Magellan Midstream Partners LP and TransCanada Corp , Canada’s second-largest pipeline company, said on Tuesday they will develop a pipeline to connect TransCanada’s Houston tank terminal to Magellan’s East Houston terminal. Read More »

CSX posts higher profit, announces share repurchase program

Reuters | April 14, 2015 | Intermodal | Rail

U.S. railroad CSX Corp reported a higher quarterly net profit on increased freight volumes and higher rates charged to customers, and announced a $2 billion share repurchase program. Read More »

ABF Freight Receives National LTL Carrier of the Year Award

AJOT | April 14, 2015 | Intermodal | Road

For the third consecutive year, ABF FreightSM, an ArcBest company (Nasdaq: ARCB), has earned the National LTL Carrier of the Year Award from the National Shippers Strategic Transportation Council. Read More »

EPA Awards $2.1 Million to Clean Up Diesel Engines; Port of Houston Receives Nearly $900,000

GlobeNewswire | April 14, 2015 | Ports & Terminals | Ports

The Port of Houston Authority will receive almost $900,000 as part of an award of more than $2.1 million by the U.S. EPA for three clean diesel projects in EPA’s Region 6 (Arkansas, Louisiana, New Mexico, Oklahoma, and Texas) to help reduce emissions from the nation’s existing fleet of diesel engines. Read More »

U.S. to become a net exporter of natgas by 2017

Reuters | April 14, 2015 | Energy | International Trade

The United States will transition from a net importer of natural gas to a net exporter of the fuel by 2017 as the nation’s shale gas production continues to grow, the U.S. Energy Information Administration said on Tuesday in its Annual Energy Outlook. Read More »