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Pirates raid oil tanker off Malaysia, take away 3 crew

Reuters | April 23, 2014 | Liner Shipping

Armed pirates raided an oil tanker off the coast of Malaysia and took three crew members with them, Malaysian maritime officials said on Wednesday, underscoring increasing threats to shipping in one of the world’s busiest waterways. Read More »

Kazakhstan to boost grain exports to Iran, China

Reuters | April 23, 2014 | International Trade

Kazakhstan will boost grain exports to Iran and China this 2013/14 marketing year as it seeks to diversify regions of supply and reduce dependence on Russian and Ukrainian ports, the country’s state grain trader said on Wednesday. Read More »

CN, CP Rail profits could leave sour taste for farmers

Reuters | April 22, 2014 | Intermodal

Canada’s two largest railroads reported stronger-than-expected profits on Tuesday, results that could prompt fresh criticism from farmers already unhappy with the handling of a massive crop backlog during one of the harshest winters in decades. Read More »

Japan has not narrowed trade differences with US, negotiator says

Reuters | April 22, 2014 | International Trade

Japanese officials said there was still a significant way to go before reaching a broad agreement on trade with the United States, a day before President Barack Obama visits for a summit. Read More »

US business lobby says market access concerns in China growing

Reuters | April 22, 2014 | International Trade

Multinational firms are planning to invest less in China because of market access barriers and slowing growth in the world's second-largest economy, a U.S. business lobby said. Read More »

US sets preliminary anti-dumping duties on steel rebar from Mexico, Turkey

Reuters | April 22, 2014 | International Trade

The U.S. Commerce Department set preliminary duties on millions of dollars worth of imports of steel rebar from Mexico and Turkey after a complaint by U.S. producers about price undercutting by foreign competitors. Read More »

Tesla expects big investment on charging stations in China

Reuters | April 22, 2014 | International Trade

U.S. electric carmaker Tesla Motors Inc expects to invest "hundreds of millions of dollars" building charging outlets in China, which could become its biggest global market next year, billionaire co-founder Elon Musk said. Read More »

Consumer firms adapt to win over emerging markets’ middle classes

Reuters | April 22, 2014 | International Trade

From chocolate and dumplings to toothpaste, consumer goods companies are adapting to new spending habits as incomes rise in emerging markets while protecting profits in places where they can be volatile. Read More »

EU approves $13.6 billion Suntory, Beam deal

Reuters | April 22, 2014 | International Trade

The European Commission has approved Suntory Holdings' $13.6 billion purchase of U.S. peer Beam Inc, making the Japanese company the world's third-largest spirits producer. Read More »

Russia PM says certain can minimize sanctions impact

Reuters | April 22, 2014 | International Trade

Russia, under threat of further sanctions over the Ukraine crisis, said it could minimize their impact and would support industries dependent on supplies from abroad. Read More »

China’s seizure of Japanese ship has pre-World War Two roots

Reuters | April 22, 2014 | Liner Shipping

It all began with a pre-World War Two contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. Read More »

ICHCA International calls for improved safety standards for ships’ lifting appliances

AJOT | April 22, 2014 | Liner Shipping

ICHCA International – the NGO association dedicated to improving safety, security, sustainability and productivity across the global cargo handling chain – has urged new international legislation to improve the safety of workers using ships’ lifting appliances (SLAs). Read More »

CP Rail profit beats, outlook intact, despite harsh winter

Reuters | April 22, 2014 | Intermodal

Canadian Pacific Railway Ltd, the country's second-largest railroad, reported a higher-than-expected 17 percent jump in first quarter earnings on Tuesday and expressed confidence it can meet its targets for the year despite having to deal with setbacks from one of the harshest winters in decades. Read More »

US railroads show untapped value from delay in building oil pipeline

Reuters | April 22, 2014 | Intermodal

U.S. railroads are obvious winners from the latest delay in the Keystone XL Pipeline approval, and some of the freight operators with the biggest growth in petroleum shipments look undervalued, according to an analysis of Thomson Reuters data. Read More »

ATA truck tonnage index increased 0.6% in March

AJOT | April 22, 2014 | Intermodal

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month. February’s gain was less than the 2.8% reported on March 18, 2014. In March, the index equaled 127.3 (2000=100) versus 126.5 in February. The all-time high was in November 2013 (131.0). Read More »

TQL wins the CargoNet “best in security” award

AJOT | April 22, 2014 | Transport Intermediaries

Total Quality Logistics (TQL), one of the nation’s largest freight brokerage firms, with more than $1.6 billion in annual revenues, has been awarded the CargoNet® “Best in Cargo Security” award for its cargo theft prevention efforts in 2013. CargoNet is a division of Verisk Crime Analytics, a Verisk Analytics (Nasdaq:VRSK) company. Read More »

BP Zhuhai awards CEVA for ten years outstanding service in China 

AJOT | April 22, 2014 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain management companies, today announced it has received an award from BP Zhuhai, a renowned leader in China’s chemical industry, for ten years of outstanding service. Read More »

Virgin Atlantic Cargo supports the world’s most stylish charity Easter egg hunt

AJOT | April 22, 2014 | Air Cargo

Giant Easter eggs designed by handpicked British artists such as Ronnie Wood, Marc Quinn and Ben Shine touched down in New York City courtesy of Virgin Atlantic Cargo for the annual Big Egg Hunt, which is raising money for disadvantaged children and endangered wildlife. Read More »

Brazilian soybeans sold by Marubeni to China bound for United States

Reuters | April 22, 2014 | International Trade

Two Brazilian soybean cargoes sold by Japan’s Marubeni Corp that were initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday, the latest of several U.S. import shipments expected this season. Read More »

ATRI Identifies Problems With FMCSA Hours-of-Service Field Study Report

PR Newswire | April 22, 2014 | Intermodal

The American Transportation Research Institute (ATRI) today released the findings of its independent evaluation of the Federal Motor Carrier Safety Administration’s (FMCSA’s) field study report on the new Hours-of-Service (HOS) rules. Read More »

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