Brazil’s current account gap widens in January

Reuters | February 24, 2015 | International Trade

Brazil's current account deficit widened in January from the previous month to its second highest monthly mark on record as exports continue to dwindle, central bank data showed. Read More »

West Coast ports delays could swamp companies for two months

Reuters | February 24, 2015 | Ports & Terminals

Congestion at the U.S. West Coast ports could take as much as two months to unwind, according to port and trade group officials, with retailers and other companies bracing for further shipment delays after the apparent resolution of a months-long labor dispute. Read More »

Crowley receives first wave of new container equipment

AJOT | February 24, 2015 | Liner Shipping

In response to high customer demand Crowley Maritime Corporation’s liner services group is deploying an influx of new equipment, including hundreds of chassis, ISO tanks and high-cube containers, for use in the company’s services between the U.S., Puerto Rico, the Caribbean and Central America. Read More »

CN Rail reaches tentative deal with union, averting lockout

Reuters | February 24, 2015 | Intermodal | Rail

Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monday, averting a lockout that threatened to delay imports from Asia and compound a U.S. West Coast port logjam. Read More »

Shell’s Washington rail project faces lengthy delay

Reuters | February 24, 2015 | Intermodal | Rail

Royal Dutch Shell's proposed crude-by-rail project in Washington state has been put on hold pending environmental review, just days after a pair of oil train derailments caused huge fires in Canada and West Virginia. Read More »

Canada watchdog says 2013 CN derailment caused by rail defects

Reuters | February 24, 2015 | Intermodal | Rail

A fiery Canadian National Railway Co derailment in Alberta in 2013 was caused by rail defects that were not detected in tests just two months before the incident, Canada's Transportation Safety Board said. Read More »

Reform agenda to make rail transportation safe

AJOT | February 24, 2015 | Intermodal | Rail

The Transportation Trades Department, AFL-CIO, a group of 32 unions representing transportation workers, released its 2015 agenda yesterday after meeting with administration officials and lawmakers over the weekend. One of its top priorities is rail safety, specifically moving forward on the expired Rail Safety Improvement Act (RSIA). Read More »

Truck strike crimps Brazil food, fuel supplies, soy exports

Reuters | February 24, 2015 | Intermodal | Road | Ports & Terminals

Truck drivers protesting high fuel prices for a seventh day interrupted supplies of diesel and raw materials across Brazil's farm belt and threatened to hold up grains exports at ports in the midst of a record harvest. Read More »

Southern California commuter train, truck collide, 51 hurt

Reuters | February 24, 2015 | Intermodal | Road

A Los Angeles-bound commuter train slammed into a tractor trailer stopped on the tracks in Oxnard, California during the morning rush hour, injuring 51 people, several critically, authorities said. Read More »

U-Freight welcomes recovery in Australian wine exports

AJOT | February 24, 2015 | Transport Intermediaries

The U-Freight Group (UFL) welcomes the news that Australian wine exports to China have almost recovered to levels recorded before Beijing’s austerity measures severely dented volumes, and believes it will be a major boost for the company’s specialist wine logistics services in the country. Read More »

CSX says West Virginia rail line still shut after derailment

Reuters | February 24, 2015 | Intermodal | Rail

A CSX Corp rail line in West Virginia remained shut following an explosive oil train derailment on Feb. 16 that damaged the roadbed and tracks, though the type of work required to return the line to service could be completed “in days”, a CSX spokeswoman said Tuesday. Read More »

Radiant Logistics provides update on pending acquisition of Canada-based Wheels Group Inc.

PR Newswire | February 24, 2015 | Transport Intermediaries

BELLEVUE, Wash., Feb. 24, 2015 /PRNewswire/ -- Radiant Logistics, Inc. ("Radiant") (NYSE MKT: RLGT) today provided an update on its pending acquisition of Wheels Group, Inc. ("Wheels") (TSXV: WGI). Wheels has obtained an interim order from the Ontario Superior Court of Justice (Commercial List) (the "Interim Order") with respect to the previously-announced plan of arrangement (the "Arrangement") between Wheels, Radiant and its wholly-owned subsidiary, Radiant Global Logistics ULC.

Read More »

Matson, Inc. announces fourth quarter EPS and provides 2015 outlook

PR Newswire | February 24, 2015 | Liner Shipping

HONOLULU, Feb. 24, 2015 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $27.8 million, or $0.63 per diluted share for the quarter ended December 31, 2014 compared with $7.3 million, or $0.17 per diluted share in 2013. The fourth quarter 2013 was negatively impacted by a litigation charge of $0.14 per share. Consolidated revenue for the fourth quarter 2014 was $443.5 million compared with $410.9 million reported for the fourth quarter 2013.

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White House: Obama vetoes Keystone XL pipeline bill

Reuters | February 24, 2015 | Energy | Pipeline | Intermodal | Rail

President Barack Obama on Tuesday vetoed a Republican bill approving the Keystone XL oil pipeline from Canada, the White House confirmed. Read More »

Intermodal Incentive Program announced to encourage container activity at the Port of Philadelphia

AJOT | February 24, 2015 | Intermodal | Rail | Ports & Terminals | Ports | Container Port

Philadelphia Regional Port Authority announces availability of State-Sponsored Intermodal Incentive Program to encourage container activity at the Port Of Philadelphia. Port also reports big gains in initial 2015 cargo activity. Read More »

Premium Article  Will autos put the brakes on the Trans Pacific Partnership

Matt Miller | February 24, 2015 | International Trade

The ambitious Trans Pacific Partnership (TPP) is edging towards a vote in the US Congress in 2015 or early 2016. But tariffs on the export of motor vehicles could put the brakes on the TPP. Read More »

PLS Logistics Services continues to grow, opening office in Philadelphia

PR Newswire | February 24, 2015 | Transport Intermediaries

CRANBERRY TOWNSHIP, Pa., Feb. 24, 2015 /PRNewswire/ -- PLS Logistics Services ("PLS"), a leading provider of third party logistics solutions and freight brokerage services, announced today that it has opened a new branch office in Philadelphia. This is PLS' eighth office nationwide, and was opened to meet the needs of PLS' expanding regional client base.

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Kimrad Transport rolls out SmartDrive across newly acquired fleet

PR Newswire | February 24, 2015 | Intermodal | Road

SAN DIEGO, Feb. 24, 2015 /PRNewswire/ -- SmartDrive Systems, a leader in driving performance solutions that reduce collisions and improve fuel efficiency, today announced that Kimrad Transport, LP, a family-based regional cargo transporter of liquid asphalt, petroleum crude oil, and other liquid petrochemicals to various industries, doubled its implementation of SmartDrive's video-based safety program by adding the program to its recently acquired fleet equipment operating as Bulk Crude Transport, LLC. Kimrad chose to roll out the SmartDrive technology fleet-wide following notable improvements in collision frequency rate and safety score.

Read More »

With labor dispute resolved, L.A., Long Beach Mayors pledge new levels of cooperation

AJOT | February 24, 2015 | Ports & Terminals | Ports | Container Port

Ports plan to work together on environmental, security, legislative, supply chain logistics and marketing initiatives Read More »

CN negotiates tentative labour agreement with Unifor; CN withdraws lockout notice

AJOT | February 24, 2015 | Intermodal | Rail

CN (TSX: CNR) (NYSE: CNI) announced today that it has negotiated a tentative labour agreement with the Unifor union. As a result, CN has withdrawn its lockout notice to Unifor, which would have come effective at 2300 hours local time tonight in the absence of a settlement. Read More »