Truckers to strike four shipping companies at Southern California ports

Reuters | April 27, 2015 | Ports & Terminals | Terminals | Terminal Operator

Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation’s busiest cargo hub. Read More »

Dubai’s DP World says no plans for share buyback

Reuters | April 27, 2015 | Ports & Terminals | Ports

Dubai’s DP World, one of the world’s biggest port operators, said on Monday it had no plans to buy back any of its shares after investors approved a technical measure allowing the company to do so. Read More »

Airbridgecargo wins prestigious ‘All-Cargo Airline Of The Year’ award

AJOT | April 27, 2015 | Air Cargo

AirBridgeCargo Airlines’ (ABC) has earned the prestigious ‘All-Cargo Airline of the Year Award’ at the 32nd annual Cargo Airline of the Year ceremony, voted for by air cargo customers around the world. Read More »

San Antonio small business entrepreneurs invited to the White House

AJOT | April 27, 2015 | International Trade

Through the Business Forward initiative, various small businesses from San Antonio involved in international trade have been invited to The White House this week for international trade policy briefings and talks. The full day event will take place Wednesday April 29, 2015. Read More »

Yemen struggles to import food as coalition navies hold up more ships

Reuters | April 27, 2015 | Breakbulk & Projects | Breakbulk

Yemen is facing mounting problems bringing in food by sea as the danger from fighting between Houthis and government supporters is exacerbated by an arms blockade by Saudi-led coalition navies searching ships for weapons destined for the rebels. Read More »

JAXPORT sets new record with largest container ship

AJOT | April 27, 2015 | Ports & Terminals | Ports | Container Port

The MOL Northern Juvenile, capable of carrying 8,800 twenty-foot equivalent units, set a record today as the largest container ship to ever call on Jacksonville. The ship, which transited the Suez Canal from Asia before reaching the U.S. East Coast, loaded and offloaded cargo at JAXPORT’s TraPac Container Terminal at Dames Point. Read More »

Port of Houston receives award of second Diesel Emission Reduction Act Grant

AJOT | April 27, 2015 | Ports & Terminals | Ports

U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy visited the Port of Houston Authority Thursday to formally announce the Port Authority's award of a second grant aimed at improving air quality in the region. She announced the port will receive a Diesel Emission Reduction Act (DERA) grant of nearly $900,000. Read More »

Lagos port still a bottleneck for Africa’s top economy

Reuters | April 27, 2015 | Ports & Terminals | Ports | Container Port

The road leading to the Lagos port, which handles nearly everything that Africa’s biggest economy imports, is one of the most congested in a megacity whose traffic jams are legendary. Read More »

Italy says no “Plan B” on Greece, need quick deal on bailout

Reuters | April 27, 2015 | International Trade

Italian Economy Minister Pier Carlo Padoan added to calls on Greece to come up with proposals to open the way for a deal on fresh finance from international lenders, but said policy makers were not working on a scenario for Greece leaving the euro. Read More »

Dubai’s DP World posts 4.4% rise in Q1 gross container volumes

Reuters | April 27, 2015 | Ports & Terminals | Ports

Dubai’s DP World, one of the world’s biggest port operators, reported on Monday a 4.4% rise in gross container volumes on a like-for-like basis in the first quarter of 2015. Read More »

Asia - North Europe container freight rates fell 12.5% last week

Reuters | April 27, 2015 | Liner Shipping

Freight rates for the shipping of containers from Asia to Northern Europe fell 12.5 percent to record low $349 per 20-foot container (TEU) in the week ended Friday, data from the Shanghai Containerized Freight Index showed. Read More »

TransCanada seeks U.S. permit on Upland line as Keystone waits

Reuters | April 26, 2015 | Energy | Pipeline

TransCanada Corp , whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. Read More »

Truckers may renew labor unrest at Southern California ports

Reuters | April 26, 2015 | Ports & Terminals | Ports | Container Port

Truckers who haul freight from the ports of Los Angeles and Long Beach will vote on Saturday whether to go on strike, organizers said, in a move that could revive labor tensions at the nation’s busiest cargo hub as it recovers from a crippling dockworkers dispute. Read More »

No U.S.-Japan trade breakthrough expected during Abe visit

Reuters | April 26, 2015 | International Trade

The White House on Friday dashed hopes of a breakthrough on U.S.-Japan trade when President Barack Obama and Prime Minister Shinzo Abe meet in Washington next week, further delaying a major 12-nation Pacific trade pact. Read More »

Brazil likely to exclude railways from new infrastructure auctions

Reuters | April 26, 2015 | Intermodal | Rail

Brazil is unlikely to have new railway projects in its plan to lure private investment to improve the country’s aging infrastructure and aid the stagnant economy. Read More »

Obama to Democratic trade critics: ‘I take that personally’

Reuters | April 26, 2015 | International Trade

President Barack Obama fought back against the biggest domestic obstacle to the Pacific trade pact he wants to conclude before he leaves office: the trade skeptics in his own Democratic party. Read More »

Amazon revenue beats, cloud computing more profitable than expected

Reuters | April 26, 2015 | International Trade

Amazon.com Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments. Read More »

Brazil trucker strike sputters on second day

Reuters | April 26, 2015 | Intermodal | Road

Participation in a trucker strike in Brazil weakened its second day, as the number of blockages on highways fell to 11 from 17 the night before, according to police. Read More »

Broekman Logistics and Sea-Cargo open the ‘Continental Hub’ in Rotterdam

AJOT | April 26, 2015 | Ports & Terminals | Transport Intermediaries

The Norwegian Sea-Cargo Hub in Rotterdam has been officially opened by Rik Pek, General Manager Broekman Logistics, and Ole Saevild, CEO Sea-Cargo. The new Sea-Cargo Hub enables Broekman Logistics to provide the best-possible connections for serving the Scandinavian market. Read More »

Kenya’s TransCentury reports 2014 loss, blames project delays

Reuters | April 26, 2015 | Intermodal | Rail

Kenyan investment firm TransCentury recorded a pretax loss of 2.11 billion shillings ($22.4 million) for 2014, partly blaming a slide in revenues due to some project delays, but said 2015 promised more infrastructure work. Read More »