South Korean retailers in arms race for rare duty free licenses

Reuters | May 20, 2015 | International Trade

South Korea's Hanwha Group, vying for one of two rare duty free licenses up for grabs in Seoul, argues that its gold-toned skyscraper is the perfect draw for Chinese tourists, who have cemented South Korea's place as the world's duty free capital. Read More »

SC Ports box volume up nearly 15%

AJOT | May 20, 2015 | Ports & Terminals

SC Ports Authority has handled nearly 15 percent more pier containers fiscal year to date than the same period last year, with total box volume through April climbing to nearly 900,000 containers. Read More »

Containership reliability reaches new high as congestion and alliance issues fade

AJOT | May 20, 2015 | Liner Shipping

Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight (http://cpi.drewry.co.uk), the online schedule reliability tool provided by Drewry Supply Chain Advisors. Read More »

SeaLand expands service network with North Atlantic Express Service

AJOT | May 20, 2015 | Liner Shipping

SeaLand, the intra-Americas regional ocean carrier of the Maersk Group, has announced the addition of the North Atlantic Express (NAE) service to its comprehensive North-South network. Read More »

Nine high school students, two adults dead in Mexico truck accident

Reuters | May 20, 2015 | Intermodal | Road

Eleven people, including nine high school students, died on a highway in the central Mexican state of San Luis Potosi after their vehicle collided with a freight truck's trailer. Read More »

Marine harvest rapidly ramps-up restricted party screening with automated Amber Road solution

AJOT | May 20, 2015 | Transport Intermediaries

Amber Road, a leading provider of global trade management solutions (GTM), today announced that Marine Harvest ASA has selected Amber Road’s Restricted Party Screening solution to monitor its worldwide trading partners and has signed a five-year subscription. Read More »

China’s aviation regulator to hold foreign airlines to new safety rules

Reuters | May 20, 2015 | Air Cargo

Foreign airlines operating in China will be evaluated by the country's aviation regulator, and those who fail to meet the safety standards will be prohibited from operating in China, China's aviation regulator said. Read More »

WFS wins Allegiant air contact in Las Vegas

AJOT | May 20, 2015 | Air Cargo

Worldwide Flight Services (WFS) has been awarded a three-year ground handling contract by Allegiant Air to handle 7,400 flights a year at McCarran International Airport in Las Vegas. Read More »

Japan bidders tepid about Kansai airport, casting doubt on Abe asset sales

Reuters | May 20, 2015 | Air Cargo

Days before the sale of Kansai International Airport closes, just one Japanese company has pledged to bid, casting doubt on a marquee project in Prime Minister Shinzo Abe's effort to involve private companies in major infrastructure projects. Read More »

LPG coaster shipping market to remain weak in 2015 - Drewry

AJOT | May 20, 2015 | Liner Shipping

The LPG coaster shipping market continues to be plagued by excess vessel supply with rates remaining stubbornly below pre-financial crisis levels, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. Read More »

APL introduces new service in the Americas

AJOT | May 20, 2015 | Liner Shipping

APL today introduced a new weekly service to enhance its network coverage in the Americas. The new America Caribbean Express (ACX) service, which links Central America and U.S. East Coast, is operated through a vessel sharing agreement with SeaLand. Read More »

UK freight association says illegal stowaways threaten future of cross channel freight

AJOT | May 20, 2015 | Intermodal | Road

The trade association that represents companies responsible for handling much of the UK’s visible trade is warning that a significant recent increase in would-be illegal immigrants attempting to stowaway on trucks passing through the Calais Eurotunnel terminal and ferry port is causing major problems and threatening the future of cross channel trailer services. Read More »

Rhenus Rotterdam expands capacity for handling breakbulk

AJOT | May 20, 2015 | Ports & Terminals | Ports | Break Bulk Port

Rhenus Logistics and the Port of Rotterdam Authority will sign a contract for the construction of a new quay for the Rhenus Deep Sea Terminal on Antarcticaweg on the Maasvlakte. This will further increase the capability of Rotterdam’s breakbulk sector. Read More »

Containership reliability reaches new high as congestion and alliance issues fade

AJOT | May 20, 2015 | Liner Shipping

Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight Read More »

Port of Houston Authority tonnage Up 23%, reflecting brisk cargo activity

AJOT | May 20, 2015 | Ports & Terminals | Ports

Offloading of Last Super Post-Panamax Crane at Barbours Cut Marks New Era Read More »

ASA Will Oppose Amendments to TPA Bill in Senate

AJOT | May 20, 2015 | International Trade

Citing the importance of achieving fast track authority in order to finalize new trade deals as seamlessly as possible, the farmer leaders of the American Soybean Association (ASA) announced today that the group will oppose all controversial amendments to the Bipartisan Congressional Trade Priorities and Accountability Act, which would extend trade promotion authority to President Barack Obama. Read More »

Iran cargo ship heads towards Red Sea amid fears of Yemen showdown

Reuters | May 20, 2015 | Liner Shipping

An Iranian cargo ship heading to Yemen is expected to cross into the Red Sea on Thursday, state news agency IRNA reported, amid fears of a showdown with Saudi-led forces enforcing restrictions on Yemeni ports. Read More »

U.S. House passes transportation spending extension

Reuters | May 19, 2015 | Intermodal

The U.S. House of Representatives overwhelmingly passed on Tuesday a two-month extension of federal spending authority on transportation projects, delaying decisions over longer-term funding until the Highway Trust Fund is depleted in July. Read More »

Pentagon says Iran warships ‘linked up’ with cargo vessel

Reuters | May 19, 2015 | Liner Shipping

The Pentagon said on Tuesday that two Iranian warships have “linked up” with a cargo ship that Iran has said is carrying humanitarian aid to Yemen, as activists on board the vessel said it was due to arrive at the Yemeni port of Hodaida on Thursday. Read More »

China’s Li brings investment boost to struggling Brazil

Reuters | May 19, 2015 | International Trade

Chinese Premier Li Keqiang came to the rescue of Brazil’s slumping economy on Tuesday with trade, finance and investment deals worth tens of billions of dollars in energy, mining, aviation and the upgrade of dilapidated infrastructure. Read More »