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Low oil prices to buoy transport, retail, industrial profit reports

Reuters | January 25, 2015 | Intermodal | Road

Equity investors may see a fourth-quarter earnings boost from transportation, retail and industrial companies, all seen as big beneficiaries of last year's oil price collapse. Read More »

Indonesia to form infrastructure bank to attract private investment

Reuters | January 25, 2015 | Intermodal | Rail

Indonesia's finance ministry said it plans to inject $1.63 billion into PT Sarana Multi Infrastruktur (SMI) and transform the state-owned financing firm into an infrastructure bank to help fund roads, railways and seaports with private backing. Read More »

US drivers put oil market on road to recovery

Reuters | January 25, 2015 | Intermodal | Road

U.S. gasoline demand is increasing as motorists opt for bigger vehicles and drive more, encouraged by the sharp drop in fuel prices and an improving employment market. Read More »

Teamsters lose another vote at FedEx Freight facility

Reuters | January 25, 2015 | Intermodal | Road

FedEx Corp said the Teamsters have lost a ballot among drivers at a FedEx Freight facility in West Virginia, the latest blow to the union's campaign to organize workers at the package delivery company. Read More »

Logistics industry veteran, Frank, appointed President of Weber Logistics

AJOT | January 25, 2015 | Transport Intermediaries

Logistics industry veteran, Frank, appointed President of Weber Logistics

Weber Logistics, a leading third party logistics company serving the Western U.S., has appointed logistics industry veteran, Dan Frank, as its new President, responsible for all company activities. Read More »

Existing e-commerce logistics models unsustainable, concludes new report

AJOT | January 25, 2015 | Transport Intermediaries

The present business models being employed by e-retailers and their shipping partners are becoming increasingly unsustainable, a new benchmark report from Ti has concluded. Read More »

Volga-Dnepr carries 3-meter “teacup” for mining project in Russia

AJOT | January 25, 2015 | Air Cargo

Volga-Dnepr Airlines has transported a 15-ton part of a rock breaking machine for a mining customer between the Russian cities of Anapa and Murmansk. 
 Read More »

UPS hurt by disappointing holiday season, eyes costs, pricing

Reuters | January 25, 2015 | Transport Intermediaries

UPS on Friday said its fourth-quarter performance was hurt as lackluster holiday demand pushed up costs, and that it will likely raise prices for this year’s peak season. Read More »

Kansas City Southern profit rises, expects solid 2015 growth

Reuters | January 23, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015. Read More »

Kansas City Southern profit rises, beats expectations

Reuters | January 23, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern on Friday reported a higher quarterly net profit that came in above Wall Street expectations, driven by rising freight volumes in particular in the automotive and energy sectors. Read More »

Premium Article  China’s E-commerce growth brings change to logistics

Robert L. Wallack | January 23, 2015 | International Trade | Transport Intermediaries

China’s E-commerce growth brings change to logistics

China’s E-commerce growth could forever change the logistics business. Read More »

Chinese fishing boat collides with cargo ship near South Korea, 10 missing

Reuters | January 22, 2015 | Liner Shipping

Ten crew members are missing after a Chinese fishing boat collided with a cargo ship near South Korea, China’s official Xinhua news agency reported on Friday. Read More »

US paper companies lodge trade case against China, others

Reuters | January 22, 2015 | International Trade

U.S. paper companies said they have lodged a complaint about imports from China and other countries that could lead to duties on imported uncoated paper, including copy paper used in offices and homes across the country. Read More »

New Democrats in US Congress join trade opponents

Reuters | January 22, 2015 | International Trade

More than half the new Democratic lawmakers in the U.S. Congress have signed a letter opposing the White House's request for authority to fast-track trade deals and an ambitious Pacific trade pact. Read More »

US sets preliminary duties on Chinese car and light truck tires

Reuters | January 22, 2015 | International Trade

The United States is set to slap more duties on imports of tires from China after the Department of Commerce determined they were sold too cheaply in the United States. Read More »

Democrats vow to stall Obama’s push for ‘fast-track’ trade deals

Eric Nelson | January 22, 2015 | International Trade

President Barack Obama's renewed push for major free trade deals ran into stiff opposition from his own party as a group of House Democrats vowed to do everything they can to deny him greater trade negotiating powers. Read More »

US says trade holdouts can’t keep global deals hostage

Reuters | January 22, 2015 | International Trade

New world trade talks had to level the playing field between developed and developing economies on farm support and avoid being held hostage by countries unwilling to open markets, U.S. Trade Representative Michael Froman said in an opinion piece to be published. Read More »

US solar product trade ruling opens way to import duties on China, Taiwan

Reuters | January 22, 2015 | International Trade

The U.S. International Trade Commission said imports of solar products from China and Taiwan injure U.S. producers, clearing the final hurdle for import duties and prompting China to express "serious concerns". Read More »

iPhone 6 hands Apple record share of Samsung’s home market

Reuters | January 22, 2015 | International Trade

Apple Inc is chipping away at Samsung Electronics Co Ltd's dominant position in its home turf of South Korea - thanks to its new iPhone 6 series. Read More »

US solar industry harmed by China, Taiwan imports

Reuters | January 22, 2015 | International Trade

The U.S. International Trade Commission said imports of solar products from China and Taiwan injure U.S. producers, clearing the final hurdle for import duties on the goods. Read More »

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