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Swiss outline new measures to stop bypassing of sanctions on Russia

Reuters | August 28, 2014 | International Trade

Russian banks will require approval to issue long-term financial instruments in Switzerland, the government said on Wednesday, as it detailed measures to ensure it does not become a place for individuals or funds to avoid European sanctions on Moscow. Read More »

Japan to import rare earth from India

Reuters | August 28, 2014 | International Trade

Japanese Prime Minister Shinzo Abe and Indian counterpart Narendra Modi will agree on the joint production at their summit meeting in Tokyo on Monday, the report said, without citing sources. Read More »

Valero, Ports of Indiana celebrate restart of ethanol plant

AJOT | August 28, 2014 | Ports & Terminals

Valero Renewable Fuels Company, LLC, a wholly owned subsidiary of Valero Energy Corporation (NYSE: VLO), and the Ports of Indiana hosted Lt. Gov. Sue Ellspermann and other state and local officials today at a Port Appreciation and Welcome Celebration commemorating the restart of the recently purchased Mount Vernon ethanol plant. Read More »

Alabama State Port Authority aquires Walter Energy assets at the Port of Mobile

AJOT | August 28, 2014 | Ports & Terminals

The Alabama State Port Authority finalized its purchase of two industrial properties owned by Walter Energy, Inc. Read More »

Alabama State Port Authority Board gets three new members

AJOT | August 28, 2014 | Ports & Terminals

Three newly appointed members attended their first meeting of the board of directors of the Alabama State Port Authority.  Read More »

New railway crane in operation at logport III

AJOT | August 28, 2014 | Intermodal | Ports & Terminals

New railway crane in operation at logport III

The capacity expansions of the container terminals at logport I and logport III on the left bank of the Rhine announced at the beginning of the year have entered the next stage. Read More »

Roads expanding fast worldwide, better planning needed to aid food output

Reuters | August 28, 2014 | Intermodal

New roads long enough to girdle the Earth 600 times are expected to be built by 2050 and better planning is needed to protect the environment while also raising food production, a study showed. Read More »

RIM logistics, ltd. appoints new CFO

AJOT | August 28, 2014 | Transport Intermediaries

RIM logistics, ltd., a leading provider of global freight forwarding and third party logistics services, announced the appointment of their new CFO, Jim McGregor, to its executive team. Read More »

Rocla Concrete Tie Mexican manufacturing facility opens to meet demand for rail infrastructure

AJOT | August 28, 2014 | Intermodal | International Trade

Rocla Concrete Tie, Inc. (“RCTI”), a key supplier of pre-stressed concrete ties to America’s largest freight railroads as well as the United States’ only high speed rail project, announced that it has recently opened an expandable 30,000 square foot manufacturing facility in San Jose Iturbide, Mexico. Read More »

Union Pacific Railroad begins double track project in Sugar Land

AJOT | August 28, 2014 | Intermodal

Union Pacific Railroad has begun construction on a multi-million dollar project that will extend a second rail line through Sugar Land, Stafford and Missouri City, Texas, as part of an overall plan to improve train operating efficiency. Read More »

UP Railroad invests $20 million to strengthen Kansas’ transportation infrastructure

AJOT | August 28, 2014 | Intermodal

Union Pacific Railroad will strengthen Kansas' transportation infrastructure by investing $20 million in the rail line between Topeka and Kansas City, Kansas. The project, funded entirely by Union Pacific without taxpayer dollars, began June 16 and is scheduled to be completed by mid-November. Read More »

Court finds that workforce of FedEx Ground drivers are employees, not independent contractors

AJOT | August 28, 2014 | Air Cargo | Intermodal

The Ninth Circuit Court of Appeal ruled that a class of 2,300 individuals working for FedEx Ground was misclassified as independent contractors instead of employees.  Read More »

Qantas looks past record loss, opens door to foreign investors

Reuters | August 28, 2014 | Air Cargo

Qantas Airways Ltd is looking past its record annual loss and predicting blue skies ahead, as a landmark change in Australian laws opens the door to foreign investment in the airline's international arm - its biggest headache. Read More »

JAL gives Japan’s flagging home-grown regional jet boost with orders

Reuters | August 28, 2014 | Air Cargo

Japan Airlines Co said it has agreed to buy 32 Mitsubishi Regional Jets worth around $1.5 billion, giving Japan's first domestically manufactured commercial passenger plane in half a century a needed sales boost. Read More »

WFS wins contract to operate new cargo terminal at Milan Malpensa

AJOT | August 28, 2014 | Air Cargo

Worldwide Flight Services (WFS) has been awarded the handling concession for a new 5,000 sq. mt. cargo terminal at Milan Malpensa Airport, part of a major investment program to increase the airport’s cargo capacity to one million tons a year by 2020. Read More »

PPG appoints new member for Mexico

AJOT | August 28, 2014 | Transport Intermediaries

Baselogístika/ICI Proyectos has joined overdimensional logistics network, the Project Professionals Group, as the new member for Mexico. Read More »

WFS wins contract to operate new cargo terminal at Milan Malpensa

AJOT | August 28, 2014 | Air Cargo

Worldwide Flight Services (WFS) has been awarded the handling concession for a new 5,000 sq. mt. cargo terminal at Milan Malpensa Airport, part of a major investment programme to increase the airport’s cargo capacity to one million tonnes a year by 2020. Read More »

New railway crane in operation at logport III

AJOT | August 28, 2014 | Intermodal

New railway crane in operation at logport III

First stage of the capacity expansion at the logport III container terminal complete / Second crane to follow by the end of the year / Investments totaling about € 10 million Read More »

ISS celebrates ISO accreditation in Middle East and Africa

AJOT | August 28, 2014 | Transport Intermediaries

Inchcape Shipping Services, the world’s leading maritime services provider, is celebrating the awards of ISO 22000:2005 – Food Safety Management System and ISO 9001:2008 for the company’s supply chain operations in Dubai, Mombasa and Mogadishu. Read More »

Virgin Atlantic Cargo says falling market yields are ‘a warning for the industry’

AJOT | August 28, 2014 | Air Cargo

Virgin Atlantic Cargo says falling market yields are ‘a warning for the industry’

Virgin Atlantic Cargo saw tonnage rise in the first six months of 2014, and an increase in its load factor network-wide. Read More »

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