In speech to Congress, Japan’s Abe faces challenges on trade, wartime past

Reuters | April 30, 2015 | International Trade

When Shinzo Abe becomes the first Japanese prime minister to address a joint meeting of the U.S. Congress on Wednesday, he will face two formidable challenges: convincing skeptical lawmakers about a proposed Pacific trade pact and easing concerns about his views on Tokyo’s wartime past. Read More »

Lawmaker says ‘reasonably optimistic’ about fast track trade bill

Reuters | April 30, 2015 | International Trade

The head of a House of Representatives panel responsible for trade said on Thursday he is "reasonably optimistic" about the outlook for legislation to streamline the passage of trade deals through Congress and expects the bill to pass. Read More »

McDonald’s fries supplier fined in China for water pollution

Reuters | April 30, 2015 | International Trade

Beijing authorities have fined U.S.-based J.R. Simplot's China processing unit, which supplies frozen french fries to McDonald's Corp, 3.92 million yuan ($632,370) for water pollution, state media and Simplot said. Read More »

China says worried by new U.S. cyber strategy

Reuters | April 30, 2015 | International Trade

China's Defence Ministry expressed concern on Thursday at the Pentagon's updated cyber strategy that stresses the U.S. military's ability to retaliate with cyber weapons, saying this would only worsen tension over Internet security. Read More »

Iran embassy says Maersk vessel to be freed after debts settled

Reuters | April 30, 2015 | Liner Shipping

Iran’s embassy in Denmark said the Maersk Tigris vessel that Iranian forces seized on Tuesday would only be released once the Danish shipping company settled debts in a long-running dispute over cargo. Read More »

Freight company receives sought-after award based on global customer survey

AJOT | April 30, 2015 | Air Cargo

Lufthansa Cargo was once again right out in front when it came to the "Cargo Airline of the Year Awards": the Frankfurt-based air freight company came top in the "Best European Cargo Airline" category. Read More »

GAC North America completes transatlantic move of 14-ton dolly ahead of schedule

AJOT | April 30, 2015 | Breakbulk & Projects | Projects

GAC’s project logistics experts recently loaded a 14.1 ton assembly dolly and ensured quick transportation and early delivery from Houston through Los Angeles and on to Luanda, Angola, for Ensco plc, a global provider of offshore drilling services. Read More »

CEVA announces expanded market presence in Portland, Oregon

AJOT | April 30, 2015 | Transport Intermediaries

Expanded facility increases CEVA’s Portland footprint by 32% Read More »

Colonial allocates Cycle 26 shipments on Line 20

Reuters | April 30, 2015 | Energy | Pipeline

Colonial Pipeline is allocating space for Cycle 26 shipments on Line 20, which carries distillates from Atlanta to Nashville, Tennessee, according to a notice sent to shippers on Thursday. Read More »

e-Commerce could account for 10% of retail sales in the Africa’s largest economies by 2025

AJOT | April 30, 2015 | Transport Intermediaries

As e-commerce continues to gain popularity across the African continent, more effort needs to be paid towards facilitating flawless delivery to customers. This is further supported by the Global e-Commerce Logistics 2015(1) report which reveals that e-commerce logistics is rapidly changing to keep pace with this quickly evolving market. Read More »

GE Maritime Milestones: How GE Made Its Mark On Modern Marine History

AJOT | April 30, 2015 | Liner Shipping

From steering to speed, navigation and power supply, the marine industry has seen great progress since the start of the twentieth century. Read More »

ICTSI Subic unit opens one stop shop

AJOT | April 30, 2015 | Ports & Terminals | Terminals | Terminal Operator

Port user transaction time reduced from 1 day to 4 hours Read More »

America’s ports contributed $4.6 trillion to economy in 2014

AJOT | April 30, 2015 | Ports & Terminals

A new study of United States seaports, including the Port of Indiana-Burns Harbor, found that ports delivered a $4.6 trillion economic impact to the nation's economy in 2014. Read More »

Panama’s Cabinet Council approves new canal tolls structure to better meet customer needs

AJOT | April 30, 2015 | Ports & Terminals | Canal and Waterway

The Cabinet Council of the Republic of Panama has officially approved a proposal to modify the Canal tolls structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors. Read More »

JAXPORT begins service as Volkswagen’s Southeastern U.S. distribution hub

AJOT | April 30, 2015 | Ports & Terminals | Ports | RoRo Port

JAXPORT began service as Volkswagen’s Southeastern U.S. distribution hub today as nearly 1,000 new VW Jettas, Beetles and Golfs rolled off the auto ship Chesapeake Highway. The cars, which were produced at VW's Puebla, Mexico factory, will be processed by AMPORTS before being transported to dealerships around the region. Read More »

Driver’s react to XPO’S $3.5 billion spending spree

AJOT | April 30, 2015 | Intermodal | Road | Ports & Terminals

On Tuesday, XPO Logistics (NYSE: XPO), whose port truck drivers at subsidiaries Pacer Cartage (“Pacer”) and Harbor Rail Transport (“HRT”) are currently on strike at the Ports of Los Angeles and Long Beach and at Pacer facilities adjacent to the U.S.-Mexico Border, announced the acquisition of French 3PL Norbert Dentressangle for $3.5 Billion in cash and debt. Read More »

Damco’s Jurupa Valley facility awarded Sam’s Club “IDC of the Year” for the third year running

AJOT | April 30, 2015 | Transport Intermediaries

Damco, one of the world’s leading third party logistics providers, today announced that its Jurupa Valley facility in California, USA, has won the prestigious Sam's Club IDC of the Year award for the third year in a row. Read More »

Maersk insists on release of ship and crew seized by Iran

Reuters | April 30, 2015 | Liner Shipping

Denmark’s Maersk shipping said on Thursday it insisted on the release of a vessel and crew seized by Iran, adding it assumed the incident was related to a 2005 court case over uncollected cargo. Read More »

COSCO Corp uncertain on offshore market recovery as Q1 profit falls

Reuters | April 30, 2015 | Liner Shipping

Shipbuilder COSCO Corporation Singapore Ltd on Thursday posted a 94 percent slide in first-quarter profit, and said weak oil prices makes a recovery in the offshore marine market uncertain. Read More »

Asia - North Europe container freight rates drop 1.7% to new low

Reuters | April 30, 2015 | Liner Shipping

Freight rates for the shipping of containers from Asia to Northern Europe fell by 1.7 percent to a record low $343 per 20-foot container (TEU) in the week ended Thursday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »