Usiminas signs port deal with LLX to ship iron ore

AJOT | November 21, 2010 | Ports & Terminals

Brazilian steel maker Usiminas signed an accord with the port operator LLX to ship iron ore through the Southeast Port in Sepetiba, Rio de Janeiro, the company.

The deal will secure logistics for Usiminas' plan to expand the production chain Read More »

Port of Hamburg reports strong growth in seaborne cargo handling

AJOT | November 21, 2010 | Ports & Terminals

With a total of 5.9 million TEU handled, the container segment recorded double-digit growth of 10.7 per cent
After a somewhat subdued upward trend for the first three months of the year, the Port of Hamburg now reflects signs of significant Read More »

Savannah deepening project marks major milestone

AJOT | November 21, 2010 | Ports & Terminals

The Savannah Harbor Expansion Project (SHEP) reached a major milestone today when the U.S. Army Corps of Engineers released its Draft Environmental Impact Statement (EIS) to the public and agencies for review and comment. Read More »

Three % recovery rebate Rotterdam Harbor dues 2011

AJOT | November 21, 2010 | Ports & Terminals

In 2011, the Port of Rotterdam Authority (PoR) will give a once-only recovery rebate of 3% on the tariffs for sea and inland harbor dues. The rebate is intended to support the companies in their further recovery from the crisis and in this way to strength Read More »

Russia could list 10-15% of First Freight Co. in Q3 2011

AJOT | November 21, 2010 | Intermodal

Russia could sell 10 or 15 percent of the country's second-largest rail freight operator, First Freight Co, through an initial public offering in the third quarter 2011, Russia's transport minister said. Read More »

Union Pacific raises dividend by 15%

AJOT | November 21, 2010 | Intermodal

Union Pacific Corp the No. 1 U.S. railroad, increased its quarterly dividend for the second time this year, citing its growing free cash flow. Read More »

Russia Putin, Siemens CEO to talk rail transport

AJOT | November 21, 2010 | Intermodal

Russian Prime Minister Vladimir Putin will discuss joint projects in rail transport with the chief executive of Germany's Siemens, signalling new lucrative deals for the German firm in Russia.

The government said that Putin will inspect a new Read More »

TransCore’s N. American Freight Index reports 3rd consecutive month of record spot freight…

AJOT | November 21, 2010 | Intermodal

TransCore's North American Freight Index reported a 69 percent increase in spot market freight availability in October, compared to the previous year. This marks the third consecutive month when spot freight achieved the highest year-over-year levels sinc Read More »

CN train conductors in Canada ratify three-year labor contract agreements

AJOT | November 21, 2010 | Intermodal

CN announced that members of the Teamsters Canada Rail Conference - Conductors, Trainmen and Yardmen (TCRC-CTY) have ratified four new collective agreements with the Company.

The three-year labor contracts for approximately 2,700 CN conductor Read More »

Levelland Industrial Rail Park gets engines on track

AJOT | November 21, 2010 | Intermodal

Levelland City and Economic Development officials today got engines on track for an $8.6 million industrial rail park in the 12,866-population town just 30 miles west of Lubbock, Texas.

"We broke ground less than one year ago on this importan Read More »

Schneider National uses Vigillo to address shipper’s needs

AJOT | November 21, 2010 | Intermodal

Vigillo LLC, creators of data mining software products designed to aggregate, organize and deliver complex fleet safety information in an easy-to-read scorecard format, today announced at The National Industrial Transportation League's Annual Meeting & Tr Read More »

GE’s Immelt says globalization currently

AJOT | November 21, 2010 | International Trade

Globalization of world economies is currently "challenged," and executives must work harder to show the trend is beneficial, General Electric Co Chief Executive Officer Jeffrey Immelt said. Read More »

Obama mulling more demands on Korea in trade talks

AJOT | November 21, 2010 | International Trade

U.S. President Barack Obama told congressional critics of a free trade deal with South Korea he would consider asking Seoul for changes to labor, investment and financial provisions of the pact to help win approval of the deal in Congress, a lawmaker said Read More »

EU slaps 39.1% interim duty on Chinese glossy paper

AJOT | November 21, 2010 | International Trade

The European Union announced on Wednesday it was imposing interim duties on Chinese glossy paper it says is being dumped on its markets, hurting EU producers.

The decision comes several days after EU governments approved the duties, and adds to a raft Read More »

China, Taiwan to talk trade again as early as 2011

AJOT | November 21, 2010 | International Trade

Taiwan and China aim to hold trade talks on an additional 5,000 items as early as next year following a landmark framework accord signed in June, an island official, a possible sign of more tariff cuts.

New tariff cuts would galvanise Taiwan' Read More »

US, EU skirmish at appeal over Airbus subsidies

AJOT | November 21, 2010 | International Trade

The United States and European Union traded blows at an appeal over EU subsidies for passenger jet maker Airbus, part of the world's biggest trade dispute. Read More »

Zepol updates trade intelligence tool with advanced searching capabilities

AJOT | November 21, 2010 | International Trade

Zepol Corporation, the leading trade intelligence company, announced an upgrade of its flagship product, TradeIQ', which improves searching capabilities to fully analyze the U.S. maritime industry by releasing a series of advanced searching and reporting Read More »

States chase regional trade deals despite Doha call

AJOT | November 21, 2010 | International Trade

A flurry of calls for free trade pacts at the G20 and APEC summits suggests participants are hedging their bets on the long-running global Doha talks.

Both the G20 rich and emerging economies and the group of Asian-Pacific states in APEC agreed to pus Read More »

US clears Brazil’s SC beef, pork imports

AJOT | November 21, 2010 | International Trade

U.S. authorities have cleared the import of fresh Brazilian beef and pork from the state of Santa Catarina, local pork producers and exporters association Abipecs. Read More »

Peru reaches trade deals with Japan, South Korea

AJOT | November 21, 2010 | International Trade

Peru has successfully negotiated free-trade deals with South Korea and Japan, President Alan Garcia said, agreements that are expected to help boost growth in one of the world's fastest-growing economies.

The pacts, which could start being im Read More »