Chile customs strike ends after eight days

Reuters | May 29, 2015 | Ports & Terminals | Ports

A customs strike in Chile that had held up exports and imports for over a week has ended after the union said on Friday it had come to an agreement with the government. Read More »

Vale to ship coal along Mozambique Nacala Corridor in Q3

Reuters | May 29, 2015 | Breakbulk & Projects | Breakbulk

Brazilian miner Vale SA plans to start exporting coal along the Nacala rail and port corridor in Mozambique and Malawi in the third quarter after heavy rains damaged the rail line, the firm’s head of coal told Reuters on Friday. Read More »

Detroit becomes Virgin Atlantic Cargo’s 11th U.S. gateway and increases choice to the Midwest

AJOT | May 29, 2015 | Air Cargo

Detroit will become Virgin Atlantic Cargo’s eleventh destination in North America on June 1st with the start of daily flights to and from London Heathrow, giving customers greater access to and from the U.S Midwest. Read More »

Completion of the Sale of APL Logistics Ltd to Kintetsu World Express, Inc

AJOT | May 29, 2015 | Ports & Terminals | Terminals | Terminal Operator

Neptune Orient Lines Limited is pleased to announce that it has today completed the sale of its logistics business, APL Logistics Ltd., to Kintetsu World Express, Inc. Read More »

U.S. crude’s second-month premium to first hits 5-month low

Reuters | May 29, 2015 | Energy | International Trade

The premium for U.S. crude oil’s nearest contract to prompt delivery hit its lowest in five months on Friday, indicating concerns of oversupply. Read More »

Panalpina acquires its long-time Egyptian agent Afifi

AJOT | May 29, 2015 | Ports & Terminals | Ports | Container Port

The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa Read More »

Duke Energy to help prepare Jeffersonville port site for future development

AJOT | May 29, 2015 | Ports & Terminals | Ports

Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility's 2015 Site Readiness Program. Read More »

Corps Top General, GPA’s Curtis Foltz discuss harbor expansion progress

AJOT | May 29, 2015 | Ports & Terminals | Ports | Container Port

The harbor deepening, currently in the construction phase, will deepen the shipping channel from 42 to 47 feet at mean low water. Read More »

Encompass selected as service parts supply chain solution for Sony Electronics

AJOT | May 29, 2015 | Transport Intermediaries

Encompass Supply Chain Solutions, Inc., a leading provider of forward and reverse logistics for a diverse range of finished goods and replacement parts, today announced it will manage the spare parts supply chain for Sony’scomprehensive consumer electronics line. Read More »

Asia - North Europe freight rates at lowest since 2009

Reuters | May 29, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 23 percent to $342 per 20-foot container (TEU) in the week ending on Friday, traders with access to Shanghai Containerized Freight Index data told Reuters. Read More »

Raytheon Anschutz expands U.S. operations

PR Newswire | May 29, 2015 | Liner Shipping

Raytheon Company (NYSE: RTN) announces the launch of its new subsidiary, Raytheon Anschuetz USA LLC, located in San Diego, Calif. Read More »

EU lawmakers back arbitration in US trade deal

Reuters | May 28, 2015 | International Trade

European lawmakers supported including investor arbitration in a free-trade deal with the United States, a breakthrough on one of the biggest obstacles to a transatlantic accord. Read More »

Majority of Americans back new trade deals

Reuters | May 28, 2015 | International Trade

A majority of Americans support new trade deals, a Reuters/Ipsos poll showed, even as President Barack Obama struggles to win support for legislation key to sealing a signature Pacific Rim trade agreement. Read More »

Sanderson Farms CEO sees more pressure on chicken prices

Reuters | May 28, 2015 | International Trade

Sanderson Farms Inc, the third-largest U.S. poultry producer, said lower prices for boneless breasts and bulk leg quarters contributed to softer-than-expected net sales and profit last quarter and warned that a production ramp-up could leave processors with more birds than they can handle this fall. Read More »

Food supply fears whet appetite for Dutch farm technology

Reuters | May 28, 2015 | International Trade

From the rooftops of Amsterdam to the expanses of Kazakhstan, Dutch technology is helping food producers to meet the needs of both gourmets and growing populations facing uncertain supplies. Read More »

Fractured EU parliament seeks unity on US trade deal

Reuters | May 28, 2015 | International Trade

The European Parliament will seek to support a trade deal with the United States in two crucial votes, but the issue of how companies settle disputes will remain the pact's Achilles heel, a senior EU lawmaker said. Read More »

Mexico working hard to prevent new outbreaks of bird flu

Reuters | May 28, 2015 | International Trade

Mexico is working hard to prevent outbreaks of a bird flu epidemic that has stricken the U.S. poultry and egg industry in recent months, a senior Mexican agriculture ministry official said. Read More »

Brazilian meat exporters hit by Russian ban

Reuters | May 28, 2015 | International Trade

Russia has banned the import of meat from 10 Brazilian processing plants starting on June 9, the Russian news agency Interfax said, weakening shares of Brazil's big beef exporters JBS SA and Marfrig SA. Read More »

Alibaba’s logistics arm to expand warehouse space

Reuters | May 28, 2015 | Intermodal | Road

The logistics arm of Chinese e-commerce giant Alibaba Group Holding Ltd is lining up a major warehouse expansion to streamline deliveries across the nation, devoting a large slice of long-term $16 billion investment plans to adding new space. Read More »

German train union EVG agrees wage deal in Deutsche Bahn dispute

Reuters | May 28, 2015 | Intermodal | Rail

Germany's main railway union, the EVG, said it had agreed a wage deal in a year-long dispute with German rail operator Deutsche Bahn. Read More »