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Cummins posts higher profit; eyes cost cuts at natgas engine unit

Reuters | October 28, 2014 | Intermodal | Road

Cummins Inc posted higher-than-expected quarterly profit on Tuesday, lifted by strong sales of its vehicle components in North America, Europe and China. Read More »

Locals end protest at Libya’s Sirte Oil in port of Brega

Reuters | October 28, 2014 | Energy | Maritime

A protest has ended in Libya’s eastern oil port of Brega where locals had been demanding jobs at state-run Sirte Oil Co, a lawmaker and company official said. Read More »

Transneft says gradually resuming oil loadings at Russian ports

Reuters | October 28, 2014 | Energy | Maritime

Russian pipeline monopoly Transneft is gradually resuming oil loadings at Russian ports after a suspension due to bad weather, Interfax news agency quoted a company spokesman as saying on Tuesday. Read More »

Dubai’s DP world Q3 gross volumes rise 9 percent

Reuters | October 28, 2014 | Ports & Terminals | Ports | Container Port

Dubai’s DP World, one of the world’s biggest port operators, reported a 9 percent rise in third-quarter gross container volumes on Tuesday. Read More »

North Dakota crude safety standards coming in November

Reuters | October 27, 2014 | Energy

North Dakota plans to issue new rules for the treatment of crude oil on Nov. 13, with regulators leaning away from any requirement specifying whether volatile components should be removed at the well site or a regional hub, so long as they are removed before transport, a state official said on Monday. Read More »

Minnesota Trucking Association Helps Deliver the 2014 U.S. Capitol Christmas Tree

PR Newswire | October 27, 2014 | Intermodal | Road

The Minnesota Trucking Association (MTA) is playing a key role in helping deliver the 2014 U.S. Capitol Christmas Tree. For the past 50 years, a beautiful tree has appeared on the West Lawn of the U.S. Capitol in Washington, D.C. during the holiday season. Read More »

Canada watchdog warns railways on safety reporting problems

Reuters | October 27, 2014 | Intermodal | Rail

Canada’s Transportation Safety Board warned railways on Monday to be more diligent about reporting accident information after a review of three railways over a seven-year period showed 254 missing or late reports. Read More »

British wheat heads to U.S. for first time in over 2 years

Reuters | October 27, 2014 | International Trade

Britain has sold a shipment of feed wheat to a buyer in the United States, marking the first significant volume in two-and-a-half years, two traders said on Monday. Read More »

CIMC and Globe Tracker Collaborate to Accelerate Global Adoption of Supply Chain Tracking

AJOT | October 27, 2014 | Liner Shipping

CIMC and Globe Tracker Collaborate to Accelerate Global Adoption of Supply Chain Tracking

CIMC Internet of Mobile Things International Operation and Service Co., Ltd. (CIMC IOMT) and Globe Tracker International, ApS announce further collaboration through formation of a strategic partnership to supply the container shipping, trucking, railway and logistics industries with global tracking, monitoring and remote asset management services and equipment. Read More »

High Arctic costs deter business despite thaw

Reuters | October 27, 2014 | Liner Shipping

Despite high hopes for Arctic business from mining to shipping as the ice melts rapidly and temperatures rise twice as fast as the global average, few firms say the sums still make sense. Read More »

Extension of international import container demurrage free time at the Port of Long Beach

AJOT | October 27, 2014 | Ports & Terminals

As a result of peak congestion at container terminals, the Port of Long Beach has exercised tariff provision 406(c) to allow container terminals in the Port to provide up to three additional working days of free time for the delivery of international import containers. Read More »

G6 Alliance announces Asia-US West Coast Winter Program

AJOT | October 27, 2014 | Liner Shipping

In response to seasonal changes in market demand, the members of the G6 Alliance have announced the temporary suspension of their Central China (CC2) service between Asia and the U.S. West Coast until further notice. Read More »

Union Pacific CEO: Major rail mergers ‘don’t make sense’

Reuters | October 27, 2014 | Intermodal | Rail

The chief executive of No. 1 U.S. railroad Union Pacific Corp said that he does not think mergers of major railroads "make sense" because of the regulatory hurdles they face and the service issues they create. Read More »

ABF Freight Announces Revised Rates

PR Newswire | October 27, 2014 | Intermodal | Road

ABF Freight(sm), an ArcBest company, today announced an increase in general rates and charges effective November 3, 2014. Read More »

Con-way Freight Announces Results of Union Representation Elections in Southern California

PR Newswire | October 27, 2014 | Intermodal | Road

union representation elections were conducted by the National Labor Relations Board at three Con-way Freight locations in Southern California. As a result of these elections, employees in Santa Fe Springs and San Fernando Valley voted against representation by the Teamsters Union and demonstrated their desire to remain union-free. In downtown Los Angeles, a very narrow majority of employees voted in favor of union representation. Read More »

Diversified Transportation Finance Announces Additional Support to Trucking Industry

PR Newswire | October 27, 2014 | Intermodal | Road

Diversified Transportation Finance has announced a new campaign to support trucking companies across the country. Diversified Transportation Finance will now pay the basic membership dues for their customers to be members of the state trucking association in the state they are domiciled. Read More »

Over Three Thousand Students Expected For 11th Annual Aviation & Transportation Career Expo at DFW

PR Newswire | October 27, 2014 | Air Cargo

Dallas/Fort Worth International Airport's 11th annual Aviation & Transportation Career Expo attracted more than 3,000 students interested in learning about potential careers in the aviation and transportation fields. Read More »

Ship group UASC targets expansion to beat container market blues

Reuters | October 27, 2014 | Liner Shipping

United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and ride out tough markets. Read More »

Asia-Europe container freight rates fall 1.1 percent

Reuters | October 27, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 1.1 percent to $697 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Con-way Freight Announces Fall 2014 General Rate Increase

PR Newswire | October 27, 2014 | Intermodal | Road

Con-way Freight, the nationwide less-than-truckload (LTL) carrier of Con-way Inc. (NYSE: CNW), announced today that it will implement a general rate increase averaging 4.7 percent, applicable to non-contractual business, effective October 27. Read More »

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