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REITs stand to gain from exposure to ports ready for Panama Canal expansion

AJOT | August 13, 2014 | Ports & Terminals

With the completion of the Panama Canal expansion on the horizon, REITs could reap the benefit of asset exposure to the U.S. ports that stand to immediately benefit from the canal's increased traffic.  Read More »

Savannah achieves highest month ever for container cargo

AJOT | August 13, 2014 | Ports & Terminals

The Georgia Ports Authority reached an all-time high in container trade in July, moving 293,889 twenty-foot equivalent container units, a 19.2 percent increase over the previous year. Read More »

Asia buyers of US oil struggle on tight ship supply

Reuters | August 13, 2014 | Breakbulk & Projects

Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.-Asia oil trade flows grow. Read More »

Heavy investment by Crane Rental Corp.

AJOT | August 13, 2014 | Breakbulk & Projects

Crane Rental Corporation, a member of the Cargo Equipment Experts CEE network in the USA, continues to invest in its Heavy Haul division. The company recently ordered three new Peterbilt four-axle heavy haul tractors with sleepers. Read More »

Gebrüder Weiss publishes latest sustainability report

AJOT | August 13, 2014 | Transport Intermediaries

Sustainable economic development is closely linked to efficient and future-ready logistics systems. Gebrüder Weiss is fully aware of its corporate responsibility and the company's many activities in the area of sustainability put it at the forefront of the sector. Read More »

Lee, Moran and Ouellette join Eastern Connection’s new headquarters in Cumberland, RI

AJOT | August 13, 2014 | Intermodal

Eastern Connection, one of the largest regional small-package overnight carriers on the East Coast, recently added three new professionals to its new headquarters facility in Cumberland, RI. Read More »

IAG Cargo to operate B787 on London-Chennai route

AJOT | August 13, 2014 | Air Cargo

IAG Cargo has announced that businesses operating between London and the burgeoning Indian city of Chennai are to benefit from the introduction of the Boeing 787 to the route. Read More »

Virgin Atlantic appoints Globe Air Cargo in Dubai

AJOT | August 13, 2014 | Air Cargo

Virgin Atlantic Cargo has appointed Globe Air Cargo as its general sales and service agent in Dubai in a move to simplify its freight and courier express sales for customers in the UAE and take advantage of the Dubai market’s strong growth forecast. Read More »

Why railroads are taking a fresh look at natural gas

Reuters | August 13, 2014 | Intermodal

Gas-fueled locomotives are not a new idea. Plymouth Locomotive Company built the first propane-fueled rail engine as early as 1936. Read More »

US Pacific Northwest grain handlers, union reach tentative deal

Reuters | August 13, 2014 | Ports & Terminals

Unionized port workers and a group of Pacific Northwest grain companies reached a tentative contract agreement, according to an announcement on Tuesday, a deal that will soon ease a backlog of shipments from the biggest U.S. West Coast grain terminal. Read More »

US almond growers say ‘nuts!’ to Russian import limits

Reuters | August 12, 2014 | International Trade

With Russia pitting itself against the United States, the European Union and other major trading partners with bans on agricultural imports, an outsized share of the trade dispute is falling where Vladimir Putin may never have expected: On the almond growers of central California. Read More »

‘Naked PCs’ lay bare Microsoft’s emerging markets problem

Reuters | August 12, 2014 | International Trade

On a trip to Beijing a decade ago, Bill Gates was asked by a senior government official how much money Microsoft Corp made in China. The official asked the interpreter to double check Gates' reply as he couldn't believe the figure was so low. Read More »

Failure to clinch global customs deal could affect other talks

Reuters | August 12, 2014 | International Trade

Failure to reach a global customs rules deal could have a "considerable impact" on other areas of global trade negotiation, World Trade Organization Director-General Roberto Azevedo said during a visit to Mexico. Read More »

Afghan trade to rebound sharply once election deadlock over, officials say

Reuters | August 12, 2014 | International Trade

Uncertainty over Afghanistan's bitterly contested presidential election has helped drive a 20 percent drop in exports this year but Afghan trade officials say they expect revenue to rebound once a deadlock between rivals is resolved. Read More »

Turkish exporters enjoy boost from Russian ban on Western foods

Reuters | August 12, 2014 | International Trade

Russian companies have increased their orders from Turkish firms after Moscow stopped imports of most food from the West in retaliation for U.S. and EU sanctions over Ukraine, a Turkish exporters' group said. Read More »

What’s left on the menu? Russian restaurateurs wrangle with food ban

Reuters | August 12, 2014 | International Trade

Moscow's sweeping sanctions on European food have sent Russian restaurateurs, retail chains and food producers scrambling for alternative supplies and bracing for Soviet-style shortages. Read More »

EU experts to debate Russia’s ban on European food

Reuters | August 12, 2014 | International Trade

Senior agricultural experts from all 28 European Union countries will hold an emergency meeting on Thursday to analyse the impact of a Russian ban on EU food imports, the European Commission said. Read More »

EU officials seek to limit impact of Russia’s food import ban

Reuters | August 12, 2014 | International Trade

European Union regulators began analysing product-by-product the impact of a Russian ban on EU food imports announced in retaliation for Western sanctions over Moscow's actions in Ukraine. Read More »

APM Terminals invests to expand Turkish trade

AJOT | August 12, 2014 | Ports & Terminals

APM Terminals Izmir has selected ZPMC as the provider of the most efficient and safest cranes to operate Izmir’s only container terminal capable of serving vessels larger than 10,000 TEU, in one of the fastest growing economies in the world. Read More »

California cargo ships to slow for whales under new program

Reuters | August 12, 2014 | Ports & Terminals

The massive container ships passing through the Santa Barbara Channel off the coast of Southern California will be paid a bonus of $2,500 per trip to slow down, in an effort to cut off-shore air pollution and reduce collisions with whales. Read More »

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