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Issue #590 | Perishables | Mediterranean | Middle East | Africa Trade

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Mediterranean | Middle East | Africa Trade

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2014 Media Kit


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Montenegro, China’s Exim Bank agree $1 billion highway deal

Reuters | October 31, 2014 | Intermodal | Road

Montenegro and China's Exim Bank have signed an 800 million euro ($1 billion) deal to finance a stretch of highway linking the port of Bar with Serbia, despite opposition to the deal from the International Monetary Fund (IMF) which said it threatened fiscal stability. Read More »

Old Dominion Freight Line reports strong growth in the third quarter

AJOT | October 31, 2014 | Intermodal | Road

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) announced financial results for the three-month and nine-month periods ended September 30, 2014. For the quarter, revenue increased 20.6% to $743.6 million from $616.5 million for the third quarter of 2013. Net income was $77.9 million for the third quarter of 2014, up 29.5% from $60.1 million for the comparable quarter of 2013. Earnings per diluted share rose 28.6% to $0.90 for the third quarter of 2014 from $0.70 for the third quarter of 2013. The Company's operating ratio improved to 83.0% for the third quarter of 2014 from 84.1% for the same period last year. Read More »

SHIFT Freight Celebrates First Anniversary and Record-Setting Growth

AJOT | October 30, 2014 | Intermodal | Road

SHIFT Freight, a California-based LTL carrier, has been dedicated to providing unmatched Premium LTL shipping services since it opened its doors in quarter three of 2013. On the heels of its one-year anniversary last month, the young company has announced exceptional growth while providing industry-leading service levels, solidifying its place as a top player in the freight industry. Read More »

Soymeal jumps 6 percent on rail woes, record export demand

Reuters | October 29, 2014 | Intermodal | Rail | International Trade

U.S. soymeal surged nearly 6 percent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled with slow traffic on the nation’s railroads forced crushing plants to cover short cash positions in the futures market. Read More »

Con-way Freight announces fall 2014 GRI

AJOT | October 28, 2014 | Intermodal | Road

Con-way Freight, the nationwide less-than-truckload (LTL) carrier of Con-way Inc., announced today that it will implement a general rate increase averaging 4.7 percent, applicable to non-contractual business, effective October 27. Read More »

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