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Russia PM says certain can minimize sanctions impact

Reuters | April 22, 2014 | International Trade

Russia, under threat of further sanctions over the Ukraine crisis, said it could minimize their impact and would support industries dependent on supplies from abroad. Read More »

China’s seizure of Japanese ship has pre-World War Two roots

Reuters | April 22, 2014 | Liner Shipping

It all began with a pre-World War Two contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. Read More »

ICHCA International calls for improved safety standards for ships’ lifting appliances

AJOT | April 22, 2014 | Liner Shipping

ICHCA International – the NGO association dedicated to improving safety, security, sustainability and productivity across the global cargo handling chain – has urged new international legislation to improve the safety of workers using ships’ lifting appliances (SLAs). Read More »

CP Rail profit beats, outlook intact, despite harsh winter

Reuters | April 22, 2014 | Intermodal

Canadian Pacific Railway Ltd, the country's second-largest railroad, reported a higher-than-expected 17 percent jump in first quarter earnings on Tuesday and expressed confidence it can meet its targets for the year despite having to deal with setbacks from one of the harshest winters in decades. Read More »

US railroads show untapped value from delay in building oil pipeline

Reuters | April 22, 2014 | Intermodal

U.S. railroads are obvious winners from the latest delay in the Keystone XL Pipeline approval, and some of the freight operators with the biggest growth in petroleum shipments look undervalued, according to an analysis of Thomson Reuters data. Read More »

ATA truck tonnage index increased 0.6% in March

AJOT | April 22, 2014 | Intermodal

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month. February’s gain was less than the 2.8% reported on March 18, 2014. In March, the index equaled 127.3 (2000=100) versus 126.5 in February. The all-time high was in November 2013 (131.0). Read More »

TQL wins the CargoNet “best in security” award

AJOT | April 22, 2014 | Transport Intermediaries

Total Quality Logistics (TQL), one of the nation’s largest freight brokerage firms, with more than $1.6 billion in annual revenues, has been awarded the CargoNet® “Best in Cargo Security” award for its cargo theft prevention efforts in 2013. CargoNet is a division of Verisk Crime Analytics, a Verisk Analytics (Nasdaq:VRSK) company. Read More »

BP Zhuhai awards CEVA for ten years outstanding service in China 

AJOT | April 22, 2014 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain management companies, today announced it has received an award from BP Zhuhai, a renowned leader in China’s chemical industry, for ten years of outstanding service. Read More »

Virgin Atlantic Cargo supports the world’s most stylish charity Easter egg hunt

AJOT | April 22, 2014 | Air Cargo

Giant Easter eggs designed by handpicked British artists such as Ronnie Wood, Marc Quinn and Ben Shine touched down in New York City courtesy of Virgin Atlantic Cargo for the annual Big Egg Hunt, which is raising money for disadvantaged children and endangered wildlife. Read More »

Brazilian soybeans sold by Marubeni to China bound for United States

Reuters | April 22, 2014 | International Trade

Two Brazilian soybean cargoes sold by Japan’s Marubeni Corp that were initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday, the latest of several U.S. import shipments expected this season. Read More »

ATRI Identifies Problems With FMCSA Hours-of-Service Field Study Report

PR Newswire | April 22, 2014 | Intermodal

The American Transportation Research Institute (ATRI) today released the findings of its independent evaluation of the Federal Motor Carrier Safety Administration’s (FMCSA’s) field study report on the new Hours-of-Service (HOS) rules. Read More »

Port of Cleveland’s Express Ocean Cargo Service Arrives in Cleveland

GlobeNewswire | April 22, 2014 | Ports & Terminals

The Port of Cleveland welcomed on Tuesday the first vessel of the Cleveland-Europe Express cargo service from Antwerp, Belgium, via the Saint Lawrence Seaway. On the vessel’s first round trip voyage, it is carrying cargo moving between five states and seven countries. Read More »

Pacific accord on maritime code could help prevent conflicts

Reuters | April 22, 2014 | Liner Shipping

Countries embroiled in territorial rows in the East and South China Seas agreed on Tuesday to abide by a maritime communications deal to try to ensure accidental naval altercations do not develop into a conflict. Read More »

Port Consolidated Announces Certified ValvTect Marina in Fernandina Beach, FL.

PR Newswire | April 21, 2014 | Ports & Terminals

Port Consolidated, Inc. has completed the rebranding and retrofit of its marine fuel dock in Fernandina Beach, FL. The newly revamped facility features a ValvTect fuel pump capable of servicing pleasure craft, commercial ships, and industrial vessels. Read More »

Shippers Vapores, Hapag-Lloyd clear hurdle to merger deal

Reuters | April 21, 2014 | Liner Shipping

A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the firm’s merger with Germany’s Hapag-Lloyd, allowing the agreed deal to clear a hurdle. Read More »

Zepol finds US imports from Russia increased in March

AJOT | April 21, 2014 | International Trade | Liner Shipping

Zepol Corporation finds that despite threats of trade sanctions by the United States, U.S. vessel imports from Russia have remained steady. TEUs (twenty-foot container) imports from Russia in March were actually up from February and totaled over 3,000 TEUs. So far in April, imports from Russia have still been consistent to the average volume of the past few months. Read More »

Genco Shipping files for bankruptcy protection

Reuters | April 21, 2014 | Transport Intermediaries

Genco Shipping & Trading Ltd said it filed for pre-packaged Chapter 11 bankruptcy protection after struggling with weak rates due to an oversupply of vessels. Read More »

GM to battle VW in China with $12 billion investment and new plants

Reuters | April 21, 2014 | International Trade

U.S. car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market. Read More »

China set to replace US as Volvo’s biggest market this year

Reuters | April 21, 2014 | International Trade

China is set to surpass the United States to become Volvo Car Group's biggest market in 2014 with sales of at least 80,000 cars in the world's largest auto market. Read More »

China shoe strike spreads, enters second week

Reuters | April 21, 2014 | International Trade

One of China's biggest strikes in years stretched into a second week, and spread from a huge shoe production complex in southern Guangdong province to a facility owned by the same company in neighbouring Jiangxi province. Read More »

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