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Konecranes appoints Pankakoski as Chief Digital Officer

AJOT | September 10, 2014 | Ports & Terminals

Juha Pankakoski (47) has been appointed Chief Digital Officer of Konecranes Plc. He will be responsible for all Information Systems and the overall Process Architecture of Konecranes. Read More »

SC Ports Authority awarded $10.8 million TIGER grant

AJOT | September 10, 2014 | Ports & Terminals

SC Ports Authority has been awarded a 10.8 million dollar Transportation Infrastructure Generating Economic Recovery (TIGER) grant for planned upgrades and improvements to its Wando Welch Terminal. Read More »

Port of Longview negotiations on propane/butane terminal progressing

AJOT | September 10, 2014 | Ports & Terminals

The Port of Longview and Haven Energy are “finding common commercial ground” in Haven’s proposal to develop a propane/butane export terminal at the Port, Port of Longview Chief Executive Officer Geir-Eilif Kalhagen announced during the regular Port Commission meeting. Read More »

Express Global Logistics gets power project cargo to Bangladesh 

AJOT | September 10, 2014 | Breakbulk & Projects

Express Global Logistics gets power project cargo to Bangladesh 

EXPRESS GLOBAL LOGISTICS PVT.LTD (formerly known as Express Transport), a member of the Worldwide Project Consortium WWPC in India, recently loaded 8094 FRT cargo from Yantai to Mongla for a Power Project in Bangladesh.  Read More »

Rickmers-Linie supports new low sulphur regime but expects increasing costs

AJOT | September 10, 2014 | Breakbulk & Projects

Rickmers-Linie has declared its support for the introduction of stricter sulphur regulations but expects that they will inevitably lead to an increase in the cost of marine fuels. Read More »

East Africa’s Rift Valley Railways secures funds for locomotives

AJOT | September 10, 2014 | Intermodal

East Africa's Rift Valley Railways, operator of the only rail line linking Kenya's Indian Ocean coast with Uganda, said it had funding of 2.2 billion Kenyan shillings ($24.80 million) to buy 20 locomotives to be delivered by next April. Read More »

C.H. Robinson opens new German office; hires two new managers

AJOT | September 10, 2014 | Transport Intermediaries

By opening a new office in Hamburg, Germany, and promoting two new office managers, C.H. Robinson continues to expand its European footprint and solidify its leadership team. Read More »

Alon USA Energy intends to restart California refinery in 2016

Reuters | September 10, 2014 | Energy | Refinery

Alon USA Energy intends to restart its 70,000 barrels-per-day (bpd) refinery in Bakersfield, California, in 2016, after starting up a new 150,000 bpd crude by rail project there in the third quarter of next year, Chief Executive Paul Eisman told Reuters on Wednesday. Read More »

Transport Canada recognizes key role of marine pilots in economy and transportation system

PR Newswire | September 10, 2014 | Ports & Terminals

NIAGARA FALLS, ON, Sept.10, 2014 /CNW/ - Jeff Watson, Parliamentary Secretary to the Honourable Lisa Raitt, Minister of Transport, today recognized the central role that marine pilots play in maintaining professional standards in Canada's marine transportation system in remarks made to the 4(th) Canadian Marine Pilots' Association (CMPA) Congress in Niagara Falls.

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Saudi shipper Bahri names Omar as CEO

Reuters | September 10, 2014 | Liner Shipping

The National Shipping Company of Saudi Arabia (Bahri) has named Ibrahim Abdulrahman al-Omar as its chief executive, effective on Oct. 1, a bourse filing said on Wednesday. Read More »

Kenya, Rwanda, Uganda seek bids for products pipeline extension

Reuters | September 10, 2014 | Energy | Pipeline

Kenya, Uganda and Rwanda have invited bids to build a 784-kilometre pipeline in two phases that will transport refined petroleum products from western Kenya to regional markets. Read More »

US steel company files trade case over trade secrets

Reuters | September 09, 2014 | International Trade

A U.S. steel company filed a petition with the U.S. International Trade Commission, seeking to block imports of some stainless steel products from India, Germany and Taiwan, claiming competitors are using stolen trade secrets. Read More »

GM’s China JV recalls 38,328 Cadillacs on brake software glitch

Reuters | September 09, 2014 | International Trade

General Motor Co's main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in brake control software, the country's quality watchdog said. Read More »

McDonald’s August same-store sales fall across regions

Reuters | September 09, 2014 | International Trade

McDonald's Corp reported declining sales at established restaurants across all regions in August, the fifth monthly drop since CEO Don Thompson took the helm in July 2012, and warned a China supplier scandal would cut into profits. Read More »

Audi says August sales rise 5.6% on US, China gains

Reuters | September 09, 2014 | International Trade

Volkswagen's premium brand Audi said deliveries of passenger cars rose 5.6 percent in August, to 125,300 vehicles, as strong sales in the United States and China helped offset a sharp drop in deliveries in Germany. Read More »

US Ex-Im Bank’s satellite push complicates its fight for survival

Reuters | September 09, 2014 | International Trade

The U.S. Export-Import Bank, caught in a rare political storm over its mission, is fighting for survival and its best line of defense is to debunk criticism that the 80-year-old institution favors corporate giants over small businesses. Read More »

Chiquita delays Fyffes deal vote to discuss Cutrale-Safra bid

Reuters | September 09, 2014 | International Trade

Banana producer Chiquita Brands International Inc has postponed a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Safra Group and Grupo Cutrale regarding a $611 million unsolicited takeover bid. Read More »

Tesla CEO says could sign new deal with Toyota in 2-3 years

Reuters | September 09, 2014 | International Trade

Tesla Motors Inc and Toyota Motor Corp, the world's best-selling automaker, could sign a new deal over the next two to three years, Tesla CEO Elon Musk said, as the two firms ready to end an existing program. Read More »

Amber Road receives ISO 9001:2008 certification

AJOT | September 09, 2014 | International Trade

Amber Road, a leading provider of Global Trade Management (GTM) solutions, announced its proprietary Global Knowledge® Update Process achieved ISO 9001:2008 certification. Read More »

EU lobby piles in on foreign criticism of China’s antitrust enforcement

Reuters | September 09, 2014 | International Trade

China's tough competition policy is souring the mood for foreign investment, a European business lobby said, in the latest report to criticize Chinese regulators over a series of contentious investigations into international firms. Read More »

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