Kansas City Southern reports decline in 1st-quarter revenue

Reuters | April 21, 2015 | Intermodal | Rail

Regional U.S. railroad Kansas City Southern reported a drop in revenue as its coal and energy-related freight volumes took a hit and the strong U.S. dollar hurt its Mexico-based business, but net profit rose. Read More »

CP Rail earnings rise on higher revenue, efficiency

Reuters | April 21, 2015 | Intermodal | Rail

Canadian Pacific Railway Ltd reported higher first quarter earnings on Tuesday as revenues jumped and the company significantly improved its operating efficiency. Read More »

German train drivers start strike seen costing $100 million a day

AJOT | April 21, 2015 | Intermodal | Rail

German train drivers began a 66-hour strike over pay and negotiating rights on Tuesday, which industry said could cost as much as 100 million euros ($100 million) a day in production stoppages. Read More »

CN Rail 1st-qtr profit rises, to boost capital spending

AJOT | April 21, 2015 | Intermodal | Rail

Canadian National Railway Co posted higher first-quarter earnings on Monday, topping analysts' expectations, and said it would boost capital spending to improve safety as volume rises. Read More »

First ocean vessel of 2015 arrives at Port of Indiana

AJOT | April 21, 2015 | Ports & Terminals

The arrival of the 655-foot bulk carrier M/V Irma at the Port of Indiana-Burns Harbor signals the official opening of the international shipping season. Port officials welcomed 2015's first ocean vessel on Monday with a ceremony presenting the Ports of Indiana "Steel Stein" to the ship's captain. Read More »

CAGTC launched “Freight Can’t Wait” campaign at US Capitol

AJOT | April 21, 2015 | Intermodal | Road

With U.S. freight congestion making news for almost  a year, the Coalition for America’s Gateways and Trade Corridors (CAGTC) sent a clear message today: the time to invest in our nation’s freight infrastructure is now. Read More »

Mexico competition watchdog probes airline sector

Reuters | April 21, 2015 | Air Cargo

Mexican regulators said that they were investigating possible monopolistic practices in the airline sector. Read More »

Jackson welcomed to the TIACA Hall of Fame

AJOT | April 21, 2015 | Air Cargo

James ‘Jim’ Jackson, a driving force behind the standardization of Aircraft Unit Load Devices (ULD) and the supporting aircraft and ground-handling technical requirements, has been welcomed to The International Air Cargo Association’s (TIACA) Hall of Fame. Read More »

Swiss WorldCargo to test drone technology in cooperation with Swisspost and Matternet

AJOT | April 21, 2015 | Air Cargo

Swiss Post, Swiss WorldCargo, the air cargo division of Swiss International Air Lines, and Matternet, a transportation drone manufacturer based in California, U.S.A., have jointly launched a project to test the deployment of drones. Read More »

Japan, US in for tough bilateral trade talks over rice, autos

Reuters | April 20, 2015 | International Trade

Japan and the United States continued the second of two days of tough trade talks that could pave the way for a broader trans-Pacific agreement, although Tokyo shrugged off expectations of a bilateral deal in time for a summit next week. Read More »

Thousands in Germany protest against Europe-US trade deal

Reuters | April 20, 2015 | International Trade

Thousands of people marched in Berlin, Munich and other German cities on Saturday in protest against a planned free trade deal between Europe and the United States that they fear will erode food, labor and environmental standards. Read More »

Taurus revamp debuts in China as Ford counters US sedan slump

Reuters | April 20, 2015 | International Trade

Ford Motor Co's global premiere of its redesigned Taurus sedan in China underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian crossover SUVs. Read More »

Guangzhou Auto to open 2 factories, searching for US dealer partners

Reuters | April 20, 2015 | International Trade

Guangzhou Automobile Group Motor plans to spend roughly 6 billion yuan ($968 million) on two new factories in an aggressive expansion push despite a slowdown in the world's largest car market, the company's top executive said. Read More »

Shanghai GM to spend 100 billion yuan developing new vehicles

Reuters | April 20, 2015 | International Trade

Shanghai GM, a joint venture between General Motors and China's SAIC Motor Corp , plans to spend 100 billion yuan ($16 billion) over the next five years developing new vehicles, Shanghai GM President Wang Yongqing said. Read More »

Indonesia to push for free trade pacts with South Korea, EEA

Reuters | April 20, 2015 | International Trade

Indonesia will aggressively pursue talks on free trade agreements with countries such as South Korea and the three European Economic Area (EEA) nations, in its latest move to boost exports, a government official said. Read More »

Taiwan March export orders beat expectations on strong US demand

Reuters | April 20, 2015 | International Trade

Taiwan's export orders in March were better than expectations on robust U.S. orders, offsetting concerns that appetite for the island's electronic gadgets had been seriously affected by the slowdown in the global economy. Read More »

Ivory-smuggling destination Thailand makes ‘biggest seizure’ of tusks

Reuters | April 20, 2015 | International Trade

Thai customs officials have seized four tons of ivory worth $6 million, authorities said, in what the department called the largest bust of its kind in Thailand's history. Read More »

Two ships run aground in Suez Canal, delaying traffic

AJOT | April 20, 2015 | Liner Shipping | Ports & Terminals

A container ship ran aground in Egypt's Suez Canal in dense mist on Saturday morning, the canal authority said, delaying traffic through a vital global trade route for several hours. Read More »

Asian grain mills stick with containers despite higher cost

Reuters | April 20, 2015 | Breakbulk & Projects | Breakbulk | Liner Shipping

Rapid growth in the use of containers to ship grains and oilseeds to Southeast Asia could take a step back this year after a fall in bulk freight rates to record lows, although smaller mills will mostly stick with containers, traders said. Read More »

APL, MOL, NYK launch joint service between Asia and South America

AJOT | April 20, 2015 | Liner Shipping

APL, Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have announced the launch of a new joint service between the major trading hubs of Asia and key ports in Mexico, Colombia and Panama. Read More »