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Ship group UASC targets expansion to beat container market blues

Reuters | October 27, 2014 | Liner Shipping

United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and ride out tough markets. Read More »

Asia-Europe container freight rates fall 1.1 percent

Reuters | October 27, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 1.1 percent to $697 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 »

Con-way Freight Announces Fall 2014 General Rate Increase

PR Newswire | October 27, 2014 | Intermodal | Road

Con-way Freight, the nationwide less-than-truckload (LTL) carrier of Con-way Inc. (NYSE: CNW), announced today that it will implement a general rate increase averaging 4.7 percent, applicable to non-contractual business, effective October 27. Read More »

Ukraine appeals to WTO over Russian ban on fruit and vegetable imports

Reuters | October 27, 2014 | International Trade

Ukraine has complained to the World Trade Organisation (WTO) about a decision by Russia to ban imports of fruit and vegetables from the country, the agriculture ministry said. Read More »

Apple CEO says to add 25 stores in China within two years

Reuters | October 27, 2014 | International Trade

Apple Inc Chief Executive Tim Cook said the company is planning to open 25 retail stores in China within the next two years, according to a Chinese transcript of an interview posted by web portal Sina.com. Read More »

Caterpillar profit beats view, raises outlook

Reuters | October 27, 2014 | International Trade

Caterpillar Inc. reported a stronger-than-expected quarterly profit and boosted its 2014 profit outlook, citing strong demand for its products in North America. Read More »

Long Beach Commission makes executive appointments

AJOT | October 27, 2014 | Ports & Terminals

The Long Beach Board of Harbor Commissioners recently filled key Harbor Department executive posts with staff veterans as the Department continues to undergo a reorganization initiated by Chief Executive Jon Slangerup.
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September was busiest month at the Port of Oakland in more than a year

AJOT | October 27, 2014 | Ports & Terminals

September was the busiest month at the Port of Oakland in more than a year.  The Port said today that it handled 207,412 containers at its marine terminals last month.  Read More »

Union Pacific profit rises, beats analyst expectations

Reuters | October 27, 2014 | Intermodal | Rail

No. 1 U.S. railroad Union Pacific Corp reported a higher quarterly profit due to increasing freight volumes and pricing gains, coming in just above analyst expectations. Read More »

Supply chain professional Cairns joins enVista’s 
transportation solutions practice

AJOT | October 27, 2014 | Transport Intermediaries

enVista, a leading supply chain consulting and IT services provider, announced that Alastair Cairns has joined the company’s transportation solutions practice as sales director in the Europe, Middle East and Africa (EMEA) region. Read More »

SBNTEX and WiseTech Global join forces in India

AJOT | October 27, 2014 | Transport Intermediaries

WiseTech Global, the technology development company behind industry-leading supply chain platform CargoWise One, has announced a business partnership with Mumbai-based SBNTEX, a leading supplier of end-to-end solutions for logistics & supply chain management providers in India and the Middle East. Read More »

Jettainer establishes new company for the American market

AJOT | October 27, 2014 | Air Cargo

Jettainer, the world’s leading service partner for outsourced ULD management, continues to expand its presence in America and has now set up Jettainer Americas Inc., based in the state of Delaware. Read More »

Airfreight confidence continues to gain momentum

AJOT | October 27, 2014 | Air Cargo

Airfreight confidence continues to gain momentum

After a strong September, the October Stifel Logistics Confidence Index slipped 0.4 points to 58.9. Read More »

AirBridgeCargo Airlines on course for a successful 2014

AJOT | October 27, 2014 | Air Cargo

AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group, is on course for another year of record growth, reinforcing its position as one of the world’s fastest-growing all-cargo airlines. Read More »

Purolator International promotes Jacketti to District Manager, Eastern US

AJOT | October 27, 2014 | People | Appointments | Air Cargo | Transport Intermediaries

Purolator International promotes Jacketti to District Manager, Eastern US

Purolator International to announce the promotion of Frank Jacketti to the position of District Manager, Eastern U.S., overseeing branch offices in Boston, Buffalo, Farmingdale, Philadelphia, Baltimore and Newark.   Read More »

UN authorizes ship inspections near Somalia for arms, charcoal

Reuters | October 27, 2014 | International Trade

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday, though Russia and Jordan abstained from the vote over concerns about the move. Read More »

Tanzania says construction of China-funded port to start in 2015

Reuters | October 27, 2014 | Ports & Terminals | Ports | Container Port

Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president’s office said in a statement on Monday, for the first time setting a start date for the delayed initiative. Read More »

Egypt Suez Canal revenue at $469.7 million in September

Reuters | October 27, 2014 | Ports & Terminals | Canal and Waterway

Revenues from Egypt’s Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state information website said on Monday. Read More »

Anglo American ships first iron ore cargo from Brazil project

Reuters | October 27, 2014 | Breakbulk & Projects | Projects

Anglo American shipped the first iron ore cargo from its long-delayed Minas Rio project in Brazil, it said on Monday, injecting more material into an already over supplied market. Read More »

Kerns Trucking Improves Operations with Technology

PR Newswire | October 23, 2014 | Intermodal | Road

With constant news and focus on the impact of automation in the commercial transportation industry, a North Carolina trucking company is a stellar example of experiencing the upside of technology. Read More »

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