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CSX creates opportunities for increased cross-border trade with new intermodal terminal In Montreal

PR Newswire | December 16, 2014 | Intermodal | Rail

CSX creates opportunities for increased cross-border trade with new intermodal terminal In Montreal

The facility expands CSX’s intermodal network capacity and offers Canadian customers domestic and international service that connects with the railroad’s 21,000 mile network in the United States. Read More »

AgTC: West Coast Negotiations Progress

AJOT | December 16, 2014 | Ports & Terminals

There are reports that the ILWU and the PMA are passing proposals back and forth. It is cumbersome because the ILWU brought 90 of their officers to San Francisco to "caucus". Read More »

CSL St-Laurent Sets Sail on Maiden Voyage, Completing CSL’s Trillium Class Newbuild Program

PR Newswire | December 16, 2014 | Breakbulk & Projects | Breakbulk

MONTREAL, Dec. 16, 2014 /CNW Telbec/ - The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island, China, en route to Canada where she is set to operate throughout the Great Lakes and St. Lawrence River.

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Captain, officer of Kuwaiti ship detained after deadly collision

Reuters | December 16, 2014 | Liner Shipping

The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians, a public prosecutor said on Tuesday. Read More »

Kuwaiti ship, Egyptian fishing boat, collide in Red Sea, killing 13

Reuters | December 16, 2014 | Liner Shipping | Ports & Terminals

Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians. Read More »

Hundreds of packages spill out onto NJ highway after FedEx crash (Video)

AJOT | December 16, 2014 | Intermodal | Road

A FedEx truck flips on a New Jersey highway scattering hundreds of packages all over the road. Rough Cut (no reporter narration). Read More »

McDonald’s Japan rations fries as U.S. West Coast port dispute drags on

Reuters | December 15, 2014 | Liner Shipping

McDonald’s Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports. Read More »

EU-US trade deal the ideal 2015 Christmas gift

Reuters | December 15, 2014 | International Trade

An ambitious trade deal between Europe and the United States should be finished by the end of next year, a senior German official was quoted as saying. Read More »

US distillers’ grains trade shrugs off Turkish rejections

Reuters | December 15, 2014 | International Trade

Rejections of U.S. distillers' dried grain (DDGs) shipments, first by China and then by Turkey, are isolated events and not a sign of broader trade disruptions to come, U.S. traders and industry sources said. Read More »

China says US appropriations bill violates rules, sends bad signal

Reuters | December 15, 2014 | International Trade

China is unhappy with the U.S. spending bill passed by the House of Representatives last week, saying it contains discriminatory clauses that violate the rules of fair trade and "send the wrong signal". Read More »

Green Mountain moves coffee buying to Switzerland, following rivals

Reuters | December 15, 2014 | International Trade

Vermont-based coffee roaster and brewing technology maker Keurig Green Mountain will move most of its U.S. coffee buying operation to Switzerland, following rivals who have already moved to the global hub for commodities trading. Read More »

Businesses look for investment pledge at US-China trade talks

Reuters | December 15, 2014 | International Trade

U.S. businesses are hoping for a pledge from American and Chinese officials at talks in Chicago next week to move ahead quickly on a planned investment pact between the two countries. Read More »

US, South Africa in a flap over chicken trade

Reuters | December 15, 2014 | International Trade

Two United States senators have threatened to try to block South Africa from a lucrative U.S.-Africa trade agreement if Pretoria doesn't lift import duties on cheaper cuts of chicken. Read More »

US factory production accelerates in sign of economy’s strength

Reuters | December 15, 2014 | International Trade

U.S. manufacturing output recorded its largest increase in nine months in November as production expanded across the board, pointing to underlying strength in the economy. Read More »

WTO talks on duty-free trade in IT goods collapse

Reuters | December 15, 2014 | International Trade

Talks on cutting trade tariffs on hundreds of information technology products collapsed on Friday, delaying and potentially scuppering a deal estimated to be worth $1 trillion to global trade. Read More »

India’s trade deficit widens amid recovery hopes

Reuters | December 15, 2014 | International Trade

India's trade deficit INTRD=ECI widened to an 18-month high in November as demand for machinery and transport equipment soared, bolstering hopes of a sustained recovery in Asia's third-largest economy. Read More »

Mega retailers battle to survive as e-commerce booms in China

Reuters | December 15, 2014 | International Trade

It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Last month, e-commerce giant Alibaba saw sales worth more than half that amount pass through its Tmall website in just one day. Read More »

Import cargo volume continues to grow at Port of Oakland

AJOT | December 15, 2014 | Ports & Terminals

Containerized import volume continues to grow at the Port of Oakland. Through 11 months of 2014, imports are up 4% from a year ago, according to statistics released today. They increased 2.97% in November, the third straight month of gains over last year. Read More »

November pushes 2014 TEU volumes past 2 million at the Port of Virginia

AJOT | December 15, 2014 | Ports & Terminals

The Port of Virginia, in November handled 208,764 TEUs, making it the port’s fifth consecutive month of TEU volumes exceeding 200,000 units. Read More »

Warren, Markey, Capuano & Lynch recognized for their work on the Boston Harbor Improvement Project

AJOT | December 15, 2014 | Ports & Terminals

Massachusetts Senators Elizabeth Warren and Edward J. Markey, and Congressmen Michael Capuano and Stephen F. Lynch were recognized by the Port of Boston and its users for their hard work and success in ensuring that the $310 million Boston Harbor deepening project was included in the federal Water Resources Reform and Development Act (WRRDA). Read More »

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