CAGTC applauds Senate “National Multimodal Freight Policy and Investment Act”

AJOT | June 29, 2015 | International Trade

Senators Cantwell, Booker, Murray and Markey Introduce S.1680 to Support Multimodal Goods Movement Read More »

USTDA supports study on lng terminal with the Panama Canal Authority

AJOT | June 29, 2015 | Ports & Terminals | Terminals

The U.S. Trade and Development Agency awarded a grant to the Panama Canal Authority (ACP) to support the planning of a liquefied natural gas (LNG) import terminal. When the Panama Canal expansion project is completed next year, the Canal is expected to handle significant LNG tanker traffic. In order to capitalize on this growth, the ACP is interested in developing LNG-related infrastructure projects, including an import terminal. Read More »

Port Everglades deepening and widening project approved

AJOT | June 29, 2015 | Ports & Terminals | Ports

Broward County's Port Everglades today received a signed Chief of Engineers Report from the U.S. Army Corps of Engineers that clears the way for the Port to begin the next phase of deepening and widening its channels, and allows the project to be included in federal legislation expected in 2016 that will authorize similar water and navigation-related projects. Read More »

Vietnam to spend $257 mln on port, storage for oil products

Reuters | June 29, 2015 | Ports & Terminals

State oil and gas PetroVietnam group said it has begun construction of an oil and gas terminal on Phu Quoc island off the country’s southern coast at a combined investment of 5.6 trillion dong ($260 million). Read More »

Government of Canada announces a major investment at the Port of Trois-Rivières

PR Newswire | June 28, 2015 | Ports & Terminals | Ports

Financing will enable the Port to increase its productivity and continue to grow Read More »

Chief Lagarde says disappointed over inconclusive talks with Greece

Reuters | June 28, 2015 | International Trade

The head of the International Monetary Fund said Sunday she is disappointed in the stalemate over talks to prevent Greece from defaulting on its IMF debt, but said the euro area is in a “strong position” to respond effectively to developments. Read More »

CAGTC applauds Senate “National Multimodal Freight Policy and Investment Act”

AJOT | June 26, 2015 | Intermodal | Road

Senators Cantwell (D-WA), Booker (D-NJ), Murray (D-WA) and Markey (D-MA) introduced a proposal creating a national multimodal freight policy and investment program. Read More »

Illinois barge captain sent to prison for fatal 2005 explosion

Reuters | June 26, 2015 | Liner Shipping

In an uncommon maritime case, an Illinois man who was captain of a petroleum barge that exploded in a Chicago canal in 2005, killing a crew member, was sentenced to six months in prison on Friday, prosecutors said. Read More »

Greece’s creditors propose targeting shipping sector

Reuters | June 26, 2015 | International Trade

Under the latest proposals made by Greece’s creditors, the country’s shipping companies face paying a higher tonnage tax and a phasing-out of special tax allowances which they have enjoyed, according to documents seen by Reuters. Read More »

Monsanto announces potential $1 billion expansion in Louisiana

AJOT | June 26, 2015 | Ports & Terminals | Ports

The Port of South Louisiana is pleased that Monsanto, which is located in the port district, has announced their decision to potentially invest $1 billion in an expansion of its plant in Luling, Louisiana. Read More »

Congress Passes Final Legislation to Renew GSP

AJOT | June 26, 2015 | International Trade

GSP renewal legislation has finally passed in both the House and the Senate. The legislation will now go to the President for his signature. Read More »

Kuehne + Nagel enters into strategic acquisition agreement in the U.S.A.

AJOT | June 26, 2015 | Transport Intermediaries

The Kuehne + Nagel Group has entered into an agreement to acquire 100 per cent of the shares of ReTrans Inc., a U.S.-based leading provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Read More »

CN to report second-quarter 2015 financial and operating results on July 20, 2015

AJOT | June 26, 2015 | Intermodal | Rail

CN will issue its second-quarter 2015 financial and operating results on July 20, 2015, at 4.01 p.m. Eastern Daylight Time (EDT). Read More »

Tiger Cool Express names new Vice President of Marketing

AJOT | June 26, 2015 | Transport Intermediaries

Tiger Cool Express LLC, an innovative and cost effective temperature-controlled intermodal transporter of produce and food products, announced it has named Ms. Cortney Keenan as Vice President of Marketing for the Company. Read More »

Ten more years: Hactl is “here to stay”, says Chief Exec

AJOT | June 25, 2015 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest cargo handling agent – has signed a new, 10-year extension of its handling franchise at the airport. The new agreement with Hong Kong’s Airport Authority runs from July 2018, when the current franchise expires. Read More »

Strategic acquisition in the US for Kuehne + Nagel

AJOT | June 25, 2015 | Transport Intermediaries

The Kuehne + Nagel Group has entered into an agreement to acquire 100 per cent of the shares of ReTrans Inc., a U.S.-based leading provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Read More »

Tiger Cool Express names new VP of Marketing

AJOT | June 25, 2015 | Transport Intermediaries

Tiger Cool Express LLC, an innovative and cost effective temperature-controlled intermodal transporter of produce and food products, announced it has named Ms. Cortney Keenan as Vice President of Marketing for the Company. Read More »

Crane Worldwide Logistics names technology leader Chaveleh as new CIO

AJOT | June 25, 2015 | Transport Intermediaries

Crane Worldwide Logistics, a full-service air, ocean, trucking, customs brokerage and logistics company, recently named veteran technology executive, Adel Chaveleh as its CIO. Chaveleh will be tasked with driving a transformation of how Crane Worldwide Logistics uses technology both externally and internally. Read More »

Charleston Harbor deepening project earns critical Federal approval 

AJOT | June 25, 2015 | Ports & Terminals

In Washington, DC, the US Army Corps of Engineers Civil Works Review Board (CWRB) unanimously approved the Final Integrated Feasibility Report and Environmental Impact Statement for the Charleston Post-45 Harbor Deepening project, a significant step in the federal process that ensures the project is on schedule to receive its Chief's Report this September. Read More »

AAPA praises Senate for passing bipartisan Trade Promotion Authority bill

AJOT | June 25, 2015 | Ports & Terminals

“The prosperity of the United States is inextricably entwined with that of the rest of the world and international trade agreements provide stability and equity enabling increased trade,” said American Association of Port Authorities (AAPA) President and CEO Kurt Nagle in support of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015), which the Senate just approved and the House approved on June 18. Read More »