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US trade representative presses Japan to take ‘elevated view’ in trade talks

Reuters | April 23, 2014 | International Trade

The United States put last-minute pressure on Japan to compromise in trade talks on Wednesday, shortly before President Barack Obama was to arrive for a state visit. Read More »

Johnson Controls profit tops estimates as auto parts sales rise

Reuters | April 23, 2014 | International Trade

Johnson Controls Inc reported a better-than-expected quarterly profit as higher vehicle production in key markets drove up sales of car seats and other auto parts. Read More »

China is a driver, not a drag, for US earnings in first quarter

Reuters | April 23, 2014 | International Trade

Economic growth may be slowing in China, and fears of a credit crunch there may be rife, but the world's second-largest economy was a driving force for U.S. company profits in the last quarter. Read More »

Import tariffs strain rich-poor gap in ‘madly expensive’ Luanda

Reuters | April 23, 2014 | International Trade

In Luanda's Jumbo supermarket, a half-liter tub of imported vanilla ice-cream used to cost $25, testament to the Angolan capital's rank as one of the world's most expensive cities. Read More »

Kazakhstan to boost grain exports to Iran, China

Reuters | April 23, 2014 | International Trade

Kazakhstan will boost grain exports to Iran and China this 2013/14 marketing year as it seeks to diversify regions of supply and reduce dependence on Russian and Ukrainian ports, the country's state grain trader said. Read More »

Bayport dredging permit a step closer at the Port of Houston

AJOT | April 23, 2014 | Ports & Terminals

The U.S. Army Corps of Engineers has furnished the Port Authority its draft permit for the Bayport Channel Improvement project, Executive Director Roger Guenther reported to the Port Commission of the Port of Houston Authority today. The draft permit for Barbours Cut channel dredging will follow soon, he said. Read More »

Maritime Society names Mattioni as 2014 “Person of the Year”

AJOT | April 23, 2014 | Ports & Terminals

The Ports of Philadelphia Maritime Society (PPMS) congratulates and honors Eugene Mattioni, Shareholder of the law offices of Mattioni, Ltd., as its 2014 “Person of the Year.” Read More »

voestalpine Texas puts their shovels in the dirt for a new era at the Port’s La Quinta Trade Gateway

AJOT | April 23, 2014 | Ports & Terminals

voestalpine Texas will celebrate the ground breaking of a US $740 million Hot Briquetted Iron (HBI) facility at Port Corpus Christi’s La Quinta Trade Gateway on Wednesday, April 23, 2014.  The event will be held from 11:30 AM to 2 PM at the La Quinta Trade Gateway, located at 4832 HWY. 181, Portland, Texas.  Read More »

Ship Philly First has new leadership

AJOT | April 23, 2014 | Ports & Terminals

Ship Philly First, an independent marketing group that seeks to promote the  Port of Philadelphia as a world class gateway, has new leadership. Read More »

Revised terminal handling charges for Hapag Lloyd

AJOT | April 23, 2014 | Liner Shipping

Hapag-Lloyd will revise the terminal handling charges effective May 26, 2014. Read More »

Hamburg Süd North America GRI for US West, Gulf and East Coast to Australia & New Zealand

AJOT | April 23, 2014 | Liner Shipping

Effective July 1, 2014, a General Rate Increase (GRI) will be applied to all cargo moving from the United States West Coast, Gulf Coast, and East Coast to Australia & New Zealand in the following amounts: Read More »

BBC Chartering strengthens European representative network

AJOT | April 23, 2014 | Breakbulk & Projects

The global provider of multipurpose and heavy lift shipping services, German based BBC Chartering, announces the launch of a new representative office in Bilbao, Spain effective April 10, 2014. This follows the recent opening of a French representation the carrier has introduced in January. Read More »

Norfolk Southern profit falls 18% on lower coal shipments

Reuters | April 23, 2014 | Intermodal

U.S. railroad Norfolk Southern Corp reported an 18 percent fall in quarterly profit as coal shipments dropped. Read More »

Canada to strengthen rail-safety rules, report says

Reuters | April 23, 2014 | Intermodal

The Canadian government will require a rapid phase-out of older-model tank cars commonly used to haul crude oil by railroad, responding to recommendations made after last year's deadly train accident in Quebec, a newspaper reported. Read More »

CN Rail profit rises despite challenging winter

Reuters | April 23, 2014 | Intermodal

Canadian National Railway Co , the country's biggest railroad, reported first-quarter earnings that topped expectations on Tuesday and reaffirmed its 2014 financial outlook, even as an extremely cold winter hampered operations. Read More »

Canada moves to phase out old rail cars; won’t wait for US

Reuters | April 23, 2014 | Intermodal

Canada will require that the use of older rail cars for carrying crude oil be phased out within three years, even though the United States has yet to make such a rule change, according to documents seen by Reuters. Read More »

Mechel reports signing agreement on cargo transport pool system with TransContainer OAO

AJOT | April 23, 2014 | Intermodal

Mechel OAO, one of the leading Russian mining and metals companies, announces signing an agreement on creating a pool system for transporting cargo with the Russia's leading intermodal container operator, JSC TransContainer. Read More »

Greencarrier Freight Services strengthens organization in Norway

AJOT | April 23, 2014 | Transport Intermediaries

Greencarrier AB, which until now has operated as two separate organisations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity. The new combined organisation will form a part of the Greencarrier Freight Services division. Read More »

SHIFT Freight names 2013 3PL of the Year

AJOT | April 23, 2014 | Transport Intermediaries

In 2013, 3PLs were introduced to shiftfreight.com/"SHIFT Freight, a company dedicated to changing how companies think about moving freight. Within that year, the company built more than 100 valued partnerships moving customers’ less-than-truckload shipments across the country with the best customer experience in freight. Read More »

Heartland Express reports revenues and earnings for the first quarter of 2014

AJOT | April 23, 2014 | Intermodal

Heartland Express ended the first quarter of 2014 with record operating revenues of $224.5 million, a net income of $14.1 million, and $0.16 earnings per share. Read More »

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