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Australian state to sell around $2 bln in assets as mine boom ends

Reuters | August 28, 2014 | Breakbulk & Projects

The state of Western Australia on Thursday said it planned to sell government-owned assets, including part of the Port Hedland shipping terminal, for an estimated A$1 billion to A$2 billion ($1.9 billion) as its resource-heavy economy adjusts to the collapse of a decade-long mining boom. Read More »

Port of Long Beach Raises Small Business Commitment

AJOT | August 27, 2014 | Ports & Terminals

Port of Long Beach Raises Small Business Commitment

10-year-old program offers opportunity, increases competition Read More »

Greece’s Piraeus Port posts flat profit, sales dip

Reuters | August 27, 2014 | Ports & Terminals

Greece’s Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Read More »

Poland asks EU to act on Russia’s blocking transit of goods

Reuters | August 27, 2014 | International Trade

Poland has asked for European Commission help to keep Russia from blocking Polish shipments of goods through Russian territory, the Polish infrastructure and transport ministry said on Wednesday. Read More »

Union Pacific Railroad Invests $20 Million to Strengthen Kansas’ Transportation Infrastructure

AJOT | August 27, 2014 | Intermodal

Union Pacific Railroad will strengthen Kansas' transportation infrastructure by investing $20 million in the rail line between Topeka and Kansas City, Kansas. The project, funded entirely by Union Pacific without taxpayer dollars, began June 16 and is scheduled to be completed by mid-November. Read More »

Port of New Orleans Sponsors Industry-Defining Agricultural Summit

AJOT | August 27, 2014 | Ports & Terminals

The Port of New Orleans, the number one port for logistics in North America, has signed on as a sponsor for the 9th annual Oilseed & Grain Trade Summit, taking place here October 7-9, 2014, at the Hyatt Regency New Orleans. Read More »

Union Pacific Railroad Begins Double Track Project in Sugar Land

AJOT | August 27, 2014 | Intermodal

Union Pacific Railroad has begun construction on a multi-million dollar project that will extend a second rail line through Sugar Land, Stafford and Missouri City, Texas, as part of an overall plan to improve train operating efficiency. Read More »

Ruslan International and DSV enable mine in Chile to resume full production

AJOT | August 27, 2014 | Air Cargo

Ruslan International and DSV enable mine in Chile to resume full production

One of Ruslan International’s An-124 freighters has successfully completed a race against time to deliver a large replacement ball mill head from Australia to a mining company operating in Chile, enabling full production to be resumed. Read More »

Dearth of oil finds threatens long-term supplies, price

Reuters | August 27, 2014 | Energy | Discovery

The rate of oil discoveries continues to disappoint after a record low last year and firms could even cut their exploration budgets to save on costs, a risk to long-term supplies and prices, industry executives said. Read More »

PMA and ILWU Tentative Agreement Reached on Health Benefits; Negotiations Continue on Other Issues

AJOT | August 27, 2014 | Ports & Terminals

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) announced today that they have reached a tentative agreement on terms for health benefits, subject to agreement on the other issues in the negotiations. Read More »

American Special Metals, Corp. Announces Free Delivery

PR Newswire | August 27, 2014 | Intermodal

American Special Metals, Corp. received delivery of new flatbed trucks and will begin service out of the Coral Springs, Florida Distribution Center. Read More »

Shanghai Port’s Q2 net profit down 2.5 percent as China trade eases

Reuters | August 27, 2014 | Ports & Terminals

Shanghai International Port , the operator of the world’s busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.5 percent in a sign of slowing trade in China. Read More »

Boeing Celebrates Delivery of Royal Jordanian’s First 787 Dreamliner

PR Newswire | August 27, 2014 | Air Cargo

Boeing and Royal Jordanian today celebrated the delivery of the airline's first 787 Dreamliner. The airplane will play a central role in the Amman-based airline's strategic plan for fleet modernization. Read More »

High gas-flow tests boost BG’s Tanzania LNG plans

Reuters | August 27, 2014 | Energy

British gas company BG Group has produced higher-than-expected flows of gas from a test well off the coast of Tanzania, boosting the financial viability of its planned liquefied natural gas (LNG) export terminal in the east African country. Read More »

Shipper Golden Ocean expects small net loss in Q3

Reuters | August 27, 2014 | Liner Shipping

Dry bulk shipper Golden Ocean said it expected to post a small net loss in the third quarter as it announced second-quarter earnings slightly above expectations on Wednesday. Read More »

East and South China Sea disputes need creative diplomacy

Reuters | August 26, 2014 | Liner Shipping

China and the United States appear headed for a damaging confrontation over the extent of China’s territorial claims in the South and East China Seas. Read More »

Impasse over Kurdish tanker near Texas to drag on, more tussles likely

Reuters | August 26, 2014 | Energy | Maritime

A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday. Read More »

BNSF train carrying LPG derails in Manitoba, no leaks or injuries

Reuters | August 26, 2014 | Intermodal

A Burlington Northern Santa Fe train carrying liquefied petroleum gas derailed in Emerson, Manitoba, on Tuesday, prompting the Royal Canadian Mounted Police to evacuate 40 people from nearby homes as a precaution. Read More »

Belgium’s CMB cancels order with South Korean shipbuilder

Reuters | August 26, 2014 | Liner Shipping

Belgian dry bulk shipping group CMB said on Tuesday it had cancelled an order for four vessels with South Korean shipbuilder Samjin set to be delivered in 2014. Read More »

CEVA continues Southern California expansion with new, larger facility to serve San Diego market

AJOT | August 26, 2014 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain management companies, today announced plans to expand its presence in the San Diego market with a new Freight Management and Logistics facility totaling 125,000 sq. ft. (11,612 sqm.) and 23 dock doors. Read More »

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