An open mind on innovation

AJOT | April 21, 2015 | Transport Intermediaries

Martin Lee, Business Development Executive for WiseTech Global, explains how taking advantage of new ideas impresses customers and keeps competition guessing. Read More »

Flow in Motion/Woelfer supplies motors for Ports of Jacksonville and Tampa

AJOT | April 21, 2015 | Ports & Terminals

Fort Worth, Texas-based crane component specialist Flow in Motion LLC, working with its partner Woelfer Motoren, of Germany, will supply motors and other components for five container cranes scheduled for delivery to U.S. ports in Jacksonville and Tampa next year. Read More »

Japan, US sound optimistic on TPP trade pact negotiations

Reuters | April 21, 2015 | International Trade

Japan's top trade negotiator sounded an optimistic note that he could reach a deal with the United States that is essential to creating a free trade pact covering 12 countries. Read More »

Business group sees thousands of US jobs from Pacific trade deal

Reuters | April 21, 2015 | International Trade

The 12-nation Pacific trade pact would create nearly a quarter of a million U.S. jobs due to increased foreign investment in the United States, a business group estimated, in the first look at the deal's employment impact. Read More »

Huawei CEO says Chinese cybersecurity rules could backfire

Reuters | April 21, 2015 | International Trade

China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei's rotating chief executive Eric Xu told Reuters. Read More »

International trade supports seven million retail jobs

AJOT | April 21, 2015 | International Trade

International trade supports millions of American jobs and is essential to the U.S. economy, the National Retail Federation says in a new report that provides a state-by-state breakdown of the benefits of trade. According to NRF, trade supports nearly seven million retail jobs and benefits American businesses, families and workers. Read More »

After Q1 profit jump, POSCO says rivals’ exports to squeeze steel prices

Reuters | April 21, 2015 | International Trade

After its first-quarter profit jumped 20 percent on lower iron ore costs, South Korean steelmaker POSCO warned the current quarter will be tough as Chinese and Russian rivals flood the regional steel market amid weak domestic sales. Read More »

Navis signs N4 license agreement with Baltic Container Terminal in Latvia

AJOT | April 21, 2015 | Ports & Terminals

Navis, a part of Cargotec Corporation, and provider of operational technologies that unlock greater performance and efficiency for the world’s leading terminal operators, today announced a new N4 terminal operating system (TOS) license agreement with Baltic Container Terminal (BCT), a fast-growing, privately owned container terminal located in Latvia’s capital city, Riga. Read More »

Kalmar receives large port equipment orders from ICTSI in the Philippines

AJOT | April 21, 2015 | Ports & Terminals

Kalmar, part of Cargotec, has received two separate orders from one of the world's leading container terminal operators, International Container Services Inc. (ICTSI) in the Philippines. Kalmar will deliver in total 42 Kalmar Ottawa terminal tractors, five Kalmar reachstackers and two Kalmar rubber-tyred gantry cranes (RTGs) to Manila International Container Terminal (MICT), and 16 Kalmar Ottawa terminal tractors and two Kalmar RTGs to Subic Bay International Terminal Corporation (SBITC). The orders have been booked into the first quarter of 2015.  Read More »

Congestion free, terminal velocity drives tonnage increase at North Carolina’s ports

AJOT | April 21, 2015 | Ports & Terminals

The North Carolina State Ports Authority posted a 20 percent container volume increase in the third quarter of its fiscal year over the same period from last year. A significant increase was seen specifically in the month of March (34 percent increase year-over-year). Read More »

Cheaper fuel to boost container shipping

Reuters | April 21, 2015 | Liner Shipping

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles. Read More »

Hapag-Lloyd orders five container ships for more Panama Canal trade

Reuters | April 21, 2015 | Liner Shipping

Ship container line Hapag-Lloyd has placed an order for five vessels as it looks to bolster trade in Latin America ahead of next year's planned expansion of the Panama Canal, the world's fourth biggest player said. Read More »

MOL (Canada) appoints Watson as Sales and Customer Service Manager

AJOT | April 21, 2015 | Liner Shipping

MOL (Canada) Inc. welcomed Allison Watson as the new sales and customer service manager, domiciled in Halifax, Nova Scotia. Read More »

CEVA and BP Zhuhai expand relationship

AJOT | April 21, 2015 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain companies, has announced its expanded relationship and contract renewal with BP Zhuhai Chemical Company Limited (BPZ), the renowned leader in China’s purified terephthalic acid (PTA) industry. Read More »

Con-way Truckload invests in 635 new tractors

AJOT | April 21, 2015 | Intermodal | Road

Con-way Truckload, a full truckload carrier and subsidiary of Con-way Inc. (NYSE: CNW), today announced its purchase of 635 new, twin-screw tractors — each of which will be equipped with an Automated Manual Transmission (AMT) — in a replacement cycle that will maintain the company’s 2,500-tractor fleet as one of the newest and most technically advanced in the truckload industry. Read More »

ATA truck tonnage index gained 1.1% in March

AJOT | April 21, 2015 | Intermodal | Road

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.1% in March, following a revised drop of 2.8% during the previous month. In March, the index equaled 133.5 (2000=100). The all-time high is 135.8, reached in January 2015. Read More »

Kansas City Southern reports decline in 1st-quarter revenue

Reuters | April 21, 2015 | Intermodal | Rail

Regional U.S. railroad Kansas City Southern reported a drop in revenue as its coal and energy-related freight volumes took a hit and the strong U.S. dollar hurt its Mexico-based business, but net profit rose. Read More »

CP Rail earnings rise on higher revenue, efficiency

Reuters | April 21, 2015 | Intermodal | Rail

Canadian Pacific Railway Ltd reported higher first quarter earnings on Tuesday as revenues jumped and the company significantly improved its operating efficiency. Read More »

German train drivers start strike seen costing $100 million a day

AJOT | April 21, 2015 | Intermodal | Rail

German train drivers began a 66-hour strike over pay and negotiating rights on Tuesday, which industry said could cost as much as 100 million euros ($100 million) a day in production stoppages. Read More »

CN Rail 1st-qtr profit rises, to boost capital spending

AJOT | April 21, 2015 | Intermodal | Rail

Canadian National Railway Co posted higher first-quarter earnings on Monday, topping analysts' expectations, and said it would boost capital spending to improve safety as volume rises. Read More »