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Medicine prices at risk under Pacific trade draft

Reuters | October 20, 2014 | International Trade

Medicine costs would rise if draft proposals in a Pacific Rim trade pact come into force, health and consumer rights advocates said on Thursday after the release of a leaked negotiating text. Read More »

Japan September export growth seen fastest in seven months, outlook in doubt

Reuters | October 20, 2014 | International Trade

Japan's exports are expected to rise in September at the fastest pace in seven months on a rebound in shipments to Asia, a Reuters poll found, but signs of a global slowdown, war in the Mideast and the spread of Ebola cloud the outlook. Read More »

Long Beach Mayor, Harbor commissioners on trade mission in Asia

AJOT | October 20, 2014 | Ports & Terminals

Long Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff are traveling to several Asian countries, meeting with the Port of Long Beach’s key customers to retain and bring more business to Long Beach. Read More »

M/V Jobst Oldendorff calls the Port of Vancouver USA on her maiden voyage

AJOT | October 20, 2014 | Ports & Terminals

M/V Jobst Oldendorff calls the Port of Vancouver USA on her maiden voyage

The Port of Vancouver USA welcomed the M/V Jobst Oldendorff, commanded by Capt. Baisie of Ghana, on her maiden voyage Oct. 16. Read More »

Kansas City Southern revenue beats on higher auto, grain shipments

Reuters | October 20, 2014 | Intermodal | Rail

Railroad operator Kansas City Southern's reported a higher-than-expected quarterly revenue as it shipped more grains and automobiles. Read More »

China expresses concern about Indian border road plan

Bob Kirk | October 20, 2014 | Intermodal | Road

Indian border road plan China expressed concern after India announced plans to build a road along the remote eastern part of their disputed border, saying it hoped India would not "further complicate" the festering disagreement. Read More »

CenterPoint Properties appoints Nenner as Senior VP, Regional Manager

Bob Kirk | October 20, 2014 | Intermodal

CenterPoint Properties announced that David Nenner has been appointed Senior Vice President, Regional Manager for the Eastern region as a part of the company’s operations department. Working closely with regional team members; Brian Townsend, Jed Degnan, Robert Harbour and Barry Rush, Mr. Nenner will be responsible for the management and oversight of CenterPoint’s East Coast portfolio, including 5.4 million square feet of industrial property throughout the Eastern seaboard. Read More »

Halifax Shipyard Receives a Huge Delivery of Overhead Cranes from Konecranes

Marketwired | October 20, 2014 | Ports & Terminals

It was the first cargo to arrive at the Port of Halifax Richmond Multipurpose Terminal, an engineering marvel in its own right after a two-year, $67 million rebuild. Read More »

Halifax Shipyard Receives a Huge Delivery of Overhead Cranes from Konecranes

Marketwired | October 20, 2014 | Ports & Terminals | Ports | Container Port

It was the first cargo to arrive at the Port of Halifax Richmond Multipurpose Terminal, an engineering marvel in its own right after a two-year, $67 million rebuild. Read More »

Canadian Pacific Railway confirms end of talks with CSX

Reuters | October 20, 2014 | Intermodal | Rail

Canadian Pacific Railway Ltd said on Monday that it had ended talks to buy No. 3 U.S. railroad operator CSX Corp. Read More »

Costco seeks China path that avoids Wal-Mart’s potholes

Reuters | October 17, 2014 | International Trade

By selling directly to Chinese consumers on Alibaba's platform, a move announced Tuesday, Costco Wholesale Corp. aims to employ local knowledge and a low-cost structure to avoid missteps that caused even the world's largest retailer, Wal-Mart Stores Inc., to stumble. Read More »

Port of Long Beach adds ‘free time’ for cargo to ease congestion

AJOT | October 17, 2014 | Ports & Terminals

The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some relief to cargo owners as the supply chain works to eliminate cargo delivery delays. Read More »

MOL’s ACW Service to begin calling Philadelphia

AJOT | October 17, 2014 | Liner Shipping

MOL (America) Inc. has announced that the America’s Coast West (ACW) service will begin calling Philadelphia. The new port rotation will begin by departing Valparaiso on November 12, 2014. As a result of this strategic new port call designed especially for refrigerated cargo, customers will enjoy the following benefits: Read More »

As clock winds down, CP Rail’s Harrison hunts for his dream deal

Reuters | October 17, 2014 | Intermodal | Rail

Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway, but he still has unfinished business - creation of a consolidated North American railway - and he is running out of time to do it. Read More »

Maersk Line to hike Asia-Europe rates by over 100 percent

Reuters | October 17, 2014 | Liner Shipping

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Nov 1. Read More »

Asia-Europe container freight rates fall 4.5 percent

Reuters | October 17, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 4.5 percent to $705 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 »

Pacific protesters in canoes, kayaks target Australian coal port

Reuters | October 17, 2014 | Ports & Terminals

Hundreds of protesters on Friday joined environmental activists from a dozen South Pacific countries attempting to halt shipping at the world’s largest coal export terminal in eastern Australia by forming a blockade with canoes, surfboards and kayaks. Read More »

Brazil agency blocks Maersk sale of Polvo oilfield stake to HRT

Reuters | October 17, 2014 | Energy

Brazil’s oil regulator ANP rejected the sale of a 40 percent stake in the Polvo offshore oilfield to HRT Participacoes em Petroleo SA by the oil unit of Danish energy and shipping group A.P. Moller-Maersk, the regulator said on Thursday. Read More »

ATA Urges Rejection of Misleading Push Poll on Truck Safety

PR Newswire | October 16, 2014 | Intermodal | Road

American Trucking Associations President and CEO Bill Graves issued a statement calling on policymakers to reject a recently released push poll on the important truck safety issue of hours-of-service. Read More »

Canadian pulp makers urge government to pressure China on anti-dumping duties

Reuters | October 16, 2014 | International Trade

Two Canadian paper and pulp producers urged the federal government to put pressure on China to overturn the country's anti-dumping duties on dissolving pulp, a cellulosic material used to produce rayon. Read More »

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