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Port of Morehead City Container Crane

AJOT | July 28, 2014 | Photos

Port of Morehead City Container Crane

Port of Morehead City Container Crane Read More »

TCRC- Rail Traffic Controllers and Canadian Pacific reach tentative agreement 

AJOT | July 31, 2014 | Intermodal

Canadian Pacific and the Teamsters Canada Rail Conference Rail Canada Traffic Controllers (TCRC-RCTC) announced that they have reached a tentative six-year labor agreement covering approximately 135 employees rail traffic controllers in Canada. Read More »

Silvi Concrete partners with U.S. Oil for CNG

AJOT | July 31, 2014 | Intermodal

Silvi Concrete is partnering with U.S. Oil for the construction of a GAIN® Clean Fuel station to supply compressed natural gas (CNG) to the concrete ready-mix company’s fleet of CNG trucks. The new station will be located at 355 Newbold Road in Fairless Hills, PA and will be adjacent to Silvi’s Morrisville concrete plant. Read More »

Matson, Inc. Announces Second Quarter 2014 Diluted EPS Of $0.42, Provides Second Half 2014 Outlook

PR Newswire | July 31, 2014 | Liner Shipping

HONOLULU, July 31, 2014 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $18.1 million or $0.42 per diluted share for the quarter ended June 30, 2014, compared with $20.1 million or $0.47 per diluted share in 2013. Consolidated revenue for the second quarter 2014 was $436.4 million compared with $416.6 million in 2013.

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FedEx Custom Critical recognizes independent contractors with Four Star Award

AJOT | July 31, 2014 | Transport Intermediaries

FedEx Custom Critical, Inc., one of North America’s largest providers of expedited shipments, is excited to announce the winners of its 2014 Four Star Awards. Read More »

American Airlines Adjusts International Winter Schedule

PR Newswire | July 31, 2014 | Air Cargo

FORT WORTH, Texas, July 31, 2014 /PRNewswire/ -- American Airlines is making changes to its international winter flying schedule to add new service and better match capacity with customer demand.

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US lawmakers warn Japan, Canada on Pacific trade deal talks

Reuters | July 31, 2014 | International Trade

A bipartisan group of U.S. lawmakers said Japan's refusal to drop all barriers to farm imports under a Pacific trade deal was unacceptable and urged the U.S. administration to cut Japan and Canada out of the talks if they did not give ground. Read More »

China diners test McDonald’s, Yum says food scare hurts KFC, Pizza Hut sales

Reuters | July 31, 2014 | International Trade

A food safety scare in China is testing local consumers' loyalty to foreign fast-food brands, including McDonald's Corp and Yum Brands Inc, which owns the KFC and Pizza Hut chains. Read More »

Delphi profit strong, but third-quarter outlook may disappoint

Reuters | July 31, 2014 | International Trade

Delphi Automotive Plc reported stronger-than-expected second-quarter profit on Thursday, but offered a forecast for the third quarter that could fall short of analysts' expectations, and shares fell 0.4 percent in morning trading. Read More »

FDA raises concern over drug production process at India’s Cadila

Reuters | July 31, 2014 | International Trade

India's Cadila Healthcare Ltd is responding to certain observations the U.S. Food and Drug Administration (FDA) made after conducting a "product specific" inspection of its Moraiya manufacturing plant, a company spokeswoman said. Read More »

Japan’s second-tier automakers say on track for record profits

Reuters | July 31, 2014 | International Trade

Japanese automakers Mazda Motor Corp and Fuji Heavy Industries Ltd, which makes Subaru cars, said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in April-June. Read More »

Panasonic says to invest in $5 billion Tesla battery plant, coy on details

Reuters | July 31, 2014 | International Trade

Panasonic Corp confirmed it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment. Read More »

EU adopts toughest Russian sanctions yet

Reuters | July 31, 2014 | International Trade

The European Union formally adopted sanctions curbing arms sales to Russia and cutting off financing for targeted banks over Moscow's support for rebels in Ukraine. Read More »

Crimean winemakers ask Russia to limit EU alcohol imports

Reuters | July 31, 2014 | International Trade

Crimean winemakers, targeted by Western sanctions, have asked Russian officials to limit imports of alcohol from Europe to try to boost sales, Itar-Tass news agency reported. Read More »

Japan’s steelmakers face construction project delays, weak export markets

Reuters | July 31, 2014 | International Trade

Japan's steelmakers are cautious about the outlook for profit growth this year due to weak export markets and delays in construction projects that has affected domestic demand for steel. Read More »

Russia stops Ukraine juice imports, latest ban after sanctions

Reuters | July 31, 2014 | International Trade

Russia's consumer protection watchdog said it had stopped imports of Ukrainian juice, Moscow's latest trade ban announced following new Western sanctions over Ukraine. Read More »

G7 leaders warn of further costs to Russia over Ukraine

Reuters | July 31, 2014 | International Trade

G7 leaders issued a joint statement warning Russia that it will face added economic sanctions if Moscow does not change the course of its Ukraine policy. Read More »

Ports America to purchase 30% of ITS in strategic partnership deal with “K” Line

AJOT | July 31, 2014 | Ports & Terminals

Ports America announced it will purchase a 30 percent stake in ITS (International Transportation Service, Inc.) through a strategic partnership with "K" Line (Kawasaki Kisen Kaisha, Ltd). Read More »

Heavy converter and absorber moved from South Korea to Iran by Hansaeng

AJOT | July 31, 2014 | Breakbulk & Projects

Heavy converter and absorber moved from South Korea to Iran by Hansaeng

Hansaeng Express Co. Ltd, a member of the Worldwide Project Consortium (WWPC) for South Korea shipped heavy lift cargos at Kunsan, Korea for Assaluyeh, Iran. Read More »

Austral Asia Line expands Pacific Service

AJOT | July 31, 2014 | Breakbulk & Projects

Austral Asia Line is expanding the pendulum general cargo and project cargo Liner service connecting North Asia (China, Korea, Japan, Taiwan) with the Pacific North West / Canada (British Columbia) into the US West Coast. Read More »

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