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Sumitomo, Nippon Sharyo get Taiwan rail car order

AJOT | January 09, 2011 | Intermodal

The Taiwan Railways Administration said it has ordered 136 rail cars worth T$10.6 billion ($363 million) from Sumitomo Corp, Japan's No. 3 trading company, and rail equipment maker Nippon Sharyo.

The two Japanese companies will begin by supplying 16 c Read More »

TRAC Intermodal’s Rubin elected IANA Chairman for 2011

AJOT | January 09, 2011 | Intermodal

The Board of Directors of the Intermodal Association of North America (IANA) announced the results of its election for 2011 officers. Steve Rubin, President & CEO, TRAC Intermodal was elected by the Board as its new Chairman. Rubin, who succeeds Stephen Read More »

US proposes to open roads to Mexican trucks

AJOT | January 09, 2011 | Intermodal

The Obama administration proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling.

The Transportation Department's compromise seeks to re Read More »

Greenbrier narrows Q1 loss, says to break even in Q2

AJOT | January 09, 2011 | Intermodal

Railroad equipment supplier Greenbrier Cos Inc posted a narrower-than-expected quarterly loss, helped by higher railcar deliveries, and expects to break even in the second quarter.

Greenbrier, which builds and maintains railroad freight cars, said it Read More »

Jefferies starts transportation, freight companies with buy

AJOT | January 09, 2011 | Intermodal

Jefferies & Co started coverage of a slew of U.S. transportation and logistics companies, including FedEx Corp , United Parcel Service and Canadian Pacific Railway, with a "buy" rating, citing improved pricing.

The brokerage also said earnings of rail Read More »

Mitsubishi Caterpillar Forklift America announces new Jungheinrich’ warehouse products for US

AJOT | January 09, 2011 | Intermodal

Mitsubishi Caterpillar Forklift America Inc. (MCFA), a leading provider of forklift trucks in the United States, Mexico, Canada and Latin America, announced the addition of three new Jungheinrich'-branded warehouse products to its North American product l Read More »

New rail product from DB Schenker links Oslo and Narvik

AJOT | January 09, 2011 | Intermodal

DB Schenker's new product connects the Norwegian capital Oslo to the Arctic Circle town of Narvik. The national company Schenker AS now offers regular rail transports on the 1,960 kilometer route. The DB Schenker North Rail Express brings consumer goods, Read More »

Old Dominion Freight Line promotes two officers to Senior VP

AJOT | January 09, 2011 | Intermodal

Old Dominion Freight Line, Inc. announced the promotion of Kevin M. 'Marty' Freeman to Senior Vice President of Sales and Cecil 'Chip' E. Overbey, Jr. to Senior Vice President of Marketing, Pricing and Strategic Development. Mr. Freeman had been Vice Pres Read More »

2011 could be big year for Obama on trade

AJOT | January 09, 2011 | International Trade

After years of trade policy stalemate, there could be big strides in 2011 with approval of U.S. trade deals with South Korea, Panama and Colombia, Russia's entry into the World Trade Organization and perhaps even the end of the longest-ever round of globa Read More »

Australia grain shipments on track despite floods

AJOT | January 09, 2011 | International Trade

Grains shipments from Australia are set to gather pace in the coming weeks despite record floods in Queensland and a poor quality crop in one of the world's biggest wheat exporters, trade sources say. There have been growing concerns over global grain sho Read More »

Canada pork, beef exports soar in 2010

AJOT | January 09, 2011 | International Trade

Canada likely shipped a record volume of pork in 2010, especially to the United States, Russia and Mexico, but an industry official said shrinking herds will make that feat tough to match this year.

Beef exports may have tallied up the largest volume Read More »

Commodity costs pose risks to German trade

AJOT | January 09, 2011 | International Trade

Rising prices for raw materials will be the main challenge for German trade in 2011 and will prompt imports to rise faster than exports, the head of the country's main trading association (BGA) said.

BGA President Anton Boerner said he expected import Read More »

G20 to tackle food prices as countries reassure

AJOT | January 09, 2011 | International Trade

The Group of 20 leading economies have started working-level talks on the soaring food prices that are stoking fears of a repeat of the 2008 food crisis.

Global food prices hit a record high last month, outstripping the levels that sparked riots in se Read More »

German imports jump offers hope to euro zone strugglers

AJOT | January 09, 2011 | International Trade

Germany's trade surplus narrowed in November as imports gained more than expected, a sign domestic demand is growing in strength although other data showed retail sales and industrial output dipped the same month.

Berlin's struggling euro zone partner Read More »

Top 10 rice exporting, importing countries

AJOT | January 09, 2011 | International Trade

Ample rice supplies from top exporters Thailand and Vietnam will ensure prices of Asia's main staple remain in check early this year, sparing at least one food item from record high prices that have raised fears of unrest.

While U.S. wheat and corn fu Read More »

US seeks help on transport security

AJOT | January 09, 2011 | Air Cargo

U.S. Homeland Security Secretary Janet Napolitano called for more international cooperation in protecting transport routes against attack and controlling trade in potentially dangerous materials.

In a speech in Brussels, Napolitano said security and c Read More »

Lone Star overnight introduces new inclusive rate option

AJOT | January 09, 2011 | Air Cargo

To provide its customers with more choices and flexibility in shipping, Lone Star Overnight (LSO), a Texas-based regional overnight package delivery company, has introduced a new inclusive pricing option for its priority products. Read More »

Iran says seized ships freed in Singapore

AJOT | January 09, 2011 | Liner Shipping

Three Iranian cargo ships seized in Singapore several months ago due to a financial dispute linked to sanctions on the Islamic Republic have been released, officials said.

"After solving the problems created by Westerners, the Iranian ships which were Read More »

San Miguel evaluating $460 mlllion Manila port facility

AJOT | January 04, 2011 | Ports & Terminals

Philippine conglomerate San Miguel Corp said it was evaluating the viability of constructing an integrated logistics complex in the Manila North Harbor area. Read More »

Port of Long Beach celebrates centennial year

AJOT | January 04, 2011 | Ports & Terminals

This year the Port of Long Beach turns 100 years old. To start the new year and the Centennial celebration, the Port has launched a new website marking a century of progress from humble beginnings to one of the world’s busiest seaports. Read More »

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