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Union Pacific Railroad Conducts Crude-by-Rail Safety Training Course for Emergency Responders

AJOT | September 12, 2014 | Intermodal

Union Pacific Railroad conducted training for 160 emergency response personnel from 12 states, August 11-13, August 13-15, August 25-27 and August 27-29. The training focused on sharpening the emergency responders' skills to better prepare them in the unlikely event of a crude-by-rail incident in or near their respective communities. Read More »

Hapag-Lloyd, Vapores merger wins conditional EU approval

Reuters | September 12, 2014 | Liner Shipping

Hapag-Lloyd and Compania SudAmericana de Vapores secured conditional European Union approval on Thursday for their tie-up to create the world’s fourth-largest container shipping company. Read More »

Tanzania receives $565 million financing to expand port

Reuters | September 12, 2014 | Liner Shipping

Tanzania signed a $565 million deal on Friday with the World Bank and other development partners to expand its main port of Dar es Salaam, part of plans to boost the east African nation’s role as a regional trade hub. Read More »

Falling oil price tilts political, economic balance in U.S. favour

Reuters | September 12, 2014 | Energy | International Trade

The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran. Read More »

ABF Freight Celebrates The Skill & The Will during National Truck Driver Appreciation Week

PR Newswire | September 12, 2014 | Intermodal

ABF FreightSM, an ArcBest company, is celebrating National Truck Driver Appreciation Week, September 14-20, 2014, with a system-wide campaign honoring both The Skill & The WillSM demonstrated by its employees and the fundamental role of transportation industry employees in building and sustaining economic growth. Read More »

Transport Canada Divests Three Ports in Newfoundland to Local Business Groups

PR Newswire | September 12, 2014 | Ports & Terminals

The Honourable Lisa Raitt, Minister of Transport, today announced the divestiture of the ports of Long Pond, Botwood and Main Brook, NL to local business groups. These divestitures include an investment of over $22 million for the continued operation and maintenance of the ports’ infrastructure, ensuring the long-term sustainability of the port. Read More »

Vale, Cosco agree to cooperate on iron ore shipping

Reuters | September 12, 2014 | Liner Shipping

Brazilian miner Vale SA and China Ocean Shipping Co have agreed to cooperate on iron ore shipping, signalling a thawing of relations two years after Vale’s mega dry bulk carriers were barred from China’s ports. Read More »

Qingdao Port says about 100,000 tonnes of metal involved in alleged fraud

Reuters | September 12, 2014 | Ports & Terminals

A suspected financing fraud at China’s Qingdao Port that surfaced in June involves about 300,000 tonnes of alumina, 20,000 tonnes of copper and as much as 80,000 tonnes of aluminium ingots, the port operator said in a statement on Friday. Read More »

Asia-Europe container freight rates fall 6.6 percent

Reuters | September 12, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.055 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

India’s Mahindra studying US entry for Ssangyong auto unit

Reuters | September 11, 2014 | International Trade

Mahindra and Mahindra Ltd, India's largest utility vehicle maker, is conducting early-stage studies on selling cars in the United States made by its wholly owned South Korean unit Ssangyong Motor Co., a senior executive said. Read More »

China misses out on first wave of new iPhone releases

Reuters | September 11, 2014 | International Trade

Millions of people in China, increasingly a critical pillar of Apple Inc's business, may have to wait until the year-end before they can buy the new iPhone 6. Read More »

GM revamping India operation, product portfolio to revive sales

Reuters | September 11, 2014 | International Trade

General Motors Co is restructuring its India operation and evaluating its product portfolio, the U.S.-carmaker said, as it looks to revive falling sales and increase market share in Asia's third-largest economy. Read More »

EU seeks compromise with Russia over Ukraine free-trade pact

Reuters | September 11, 2014 | International Trade

The EU will offer Russia more time to adjust to a European trade pact with Ukraine, diplomats say, moving to ease bilateral tensions over an accord at the centre of the crisis in Ukraine as a ceasefire there takes hold. Read More »

China’s antitrust regulators defend probes; Qualcomm inquiry nearly over

Reuters | September 11, 2014 | International Trade

China's three anti-monopoly regulators launched a vigorous defense of their recent investigations into foreign companies, which have prompted mounting international criticism, and said they are not targeting multinational firms. Read More »

China anti-trust regulator fines Volkswagen JV and Chrysler unit

Reuters | September 11, 2014 | International Trade

China's anti-monopoly regulator announced its first-ever punishment of foreign carmakers for price-fixing, fining a Chinese venture of Volkswagen AG and the China sales unit of Fiat's Chrysler a combined $46 million. Read More »

POSCO backs rail, port plan for Baosteel Australia iron ore project

Reuters | September 11, 2014 | Intermodal | Ports & Terminals

South Korean steel giant POSCO and a private investor have agreed to back a plan by China's Baosteel and Aurizon Holdings Ltd to build rail lines and a port for a long-delayed $6.8 billion Australian iron ore project. Read More »

Governor Corbett and Port officials welcome Fibria Celulose of Brazil to the Port of Philadelphia

AJOT | September 11, 2014 | Ports & Terminals

Governor Corbett and Port officials welcome Fibria Celulose of Brazil to the Port of Philadelphia

Pennsylvania Governor Tom Corbett visited the Philadelphia Regional Port Authority’s Tioga Marine Terminal today to officially welcome the cargoes of Fibria Celulose, a major Brazilian pulp and paper company, to the Port of Philadelphia.  Read More »

Crowley first to receive small-scale license for supply, transportation and distribution of LNG into

AJOT | September 11, 2014 | Liner Shipping

Crowley Maritime Corp. subsidiary Carib Energy LLC has been granted a 20-year, small-scale U.S. Department of Energy (DOE) export license for the supply, transportation and distribution of U.S.-sourced liquefied natural gas (LNG) into Non-Free Trade Agreement (NTFA) countries in the Caribbean, Central and South America. Read More »

Saltchuk expands leadership team, welcomes Seaton as new SVP of Operations

AJOT | September 11, 2014 | Liner Shipping | Transport Intermediaries

Saltchuk Resources welcomes Betsy Seaton as Senior Vice President of Operations. Read More »

GAC Pindar focused on its Volvo Ocean Race logistics challenge 

AJOT | September 11, 2014 | Transport Intermediaries

With just one month to go to the start of the first leg of the Volvo Ocean Race 2014-15, GAC Pindar is in the thick of ensuring the provision of a seamless logistics support package for the 12th edition of the race that has been nicknamed the ‘Everest of Sailing’. Read More »

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