Two new shipping lines coming to Packer Avenue Marine Terminal

AJOT | May 26, 2015 | Liner Shipping | Ports & Terminals

Holt Logistics Corp. has announced it has secured two separate but related business agreements that will bring two additional weekly shipments from South and Central America to the Packer Avenue Marine Terminal in South Philadelphia.  Read More »

Port of Baltimore sets two new single month records

AJOT | May 26, 2015 | Ports & Terminals

Governor Larry Hogan today announced that 913,139 tons of general cargo and 49,971 containers were handled at the Helen Delich Bentley Port of Baltimore’s public marine terminals in March, establishing two new monthly records. Read More »

CMA CGM to launch complete container shipping offering between North America and North Europe

AJOT | May 26, 2015 | Liner Shipping

The CMA CGM Group, one of the world’s leading container shipping companies, has announced that it will launch the market’s most complete container shipping offering between North America and North Europe at the end of May 2015. Read More »

Pacific free-trade talks ‘in the end-game’

Reuters | May 26, 2015 | International Trade

The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said. Read More »

Mexico factory exports, consumer imports climb in April

Reuters | May 26, 2015 | International Trade

Mexican factory-made exports rose in April for a second month in a row, signaling that stronger U.S. demand could support more robust growth in Latin America's No. 2 economy. Read More »

Japan to import more butter as shortage worsens

Reuters | May 26, 2015 | International Trade

Japan will turn to overseas markets for the second time in a year to meet a worsening butter shortage, which may lead to higher prices for consumers due to tariffs that protect local producers of the basic cooking and baking ingredient. Read More »

L’Oreal to reduce prices in China after import tariff cut

Reuters | May 26, 2015 | International Trade

L'Oreal SA will reduce prices of most of its imported products in China to encourage domestic consumption, the French cosmetics giant said, after China promised to slash import tariffs on goods including skincare products. Read More »

Solarworld wants EU duties on Chinese solar goods extended

Reuters | May 26, 2015 | International Trade

German solar manufacturer SolarWorld will apply to the European Commission for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said. Read More »

Union dockworkers ratify labor contract for US West Coast ports

Reuters | May 26, 2015 | Ports & Terminals

Union dockworkers at all 29 U.S. West Coast ports have voted overwhelmingly to ratify a contract agreement reached in February with shipping companies and terminal operators to end months of labor strife that snarled trans-Pacific trade. Read More »

China and Peru agree to study transcontinental rail link

Reuters | May 26, 2015 | Intermodal | Rail

China and Peru have agreed to study the feasibility of a controversial 5,300 km (3,300 miles) transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported. Read More »

Thailand approves $12 billion Japan railway scheme

Reuters | May 26, 2015 | Intermodal | Rail

Thailand's cabinet has approved a $12 billion railway project to be built with Japanese help, a deputy government spokesman said, one of several big-ticket plans the government hopes will stimulate Southeast Asia's second largest economy. Read More »

Truckers’ secret to fuel efficiency: take it easy

Reuters | May 26, 2015 | Intermodal | Road

Mario Enriquez says there’s no real trick to getting great fuel mileage in a big truck. Read More »

US Senate passes two-month transportation spending patch

Reuters | May 26, 2015 | Intermodal | Road

The U.S. Senate passed a two-month spending extension for federal transportation projects that puts off a decision on long-term funding for road, bridge and rail transit projects until the height of the summer construction season. Read More »

Bulls flown to China for starring role in world’s biggest TV game show

AJOT | May 26, 2015 | Breakbulk & Projects | Projects

Intradco Global and Sixth Sense travel services have worked in partnership to deliver 12 bulls from Mexico to China ahead of the launch the new series of the Intervilles Games – a TV spectacular dubbed the biggest game show in the world. Read More »

Long Beach Container Terminal Receives Top Environmental Award From Leading State Environmental Coal

GlobeNewswire | May 26, 2015 | Ports & Terminals | Ports | Container Port

Long Beach Container Terminal and their parent company OOCL were recognized last week in Los Angeles, California by the State’s leading environmental advocacy group, the Coalition for Clean Air, with its top award for environmental stewardship. Read More »

Iran, Oman discuss Yemen war, settle maritime borders

Reuters | May 26, 2015 | International Trade

Iran’s Foreign Minister Mohammad Javad Zarif discussed how to advance Yemeni peace efforts with his Omani counterpart on Tuesday, Iranian media reported, on a visit to a country that has often played a conciliatory role in Gulf conflicts. Read More »

Port Of Philadelphia welcomes dynamic “Future Sensations” exhibit to city

AJOT | May 26, 2015 | Ports & Terminals | Ports | Container Port

25 containers with exhibit components arrive at Packer Avenue Marine Terminal and delivered to the Oval on Philadelphia’s Read More »

Shipping freight rates drop as operators wrestle with overcapacity

Reuters | May 26, 2015 | Liner Shipping

Shipping freight rates on the world’s busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility in the market as vessel operators continue to wrestle with overcapacity. Read More »

Senate takes decisive step in support of free trade

AJOT | May 26, 2015 | International Trade

International Trade Benefits American Businesses, Consumers & Workers Read More »

Following Senate success, ASA calls on house to take up and pass TPA

AJOT | May 26, 2015 | International Trade

The American Soybean Association (ASA) called on the House of Representatives today to take up and pass legislation to empower the Obama Administration to negotiate international trade agreements. Read More »