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Karpeles and Ruslan International move new helicopter to Africa

AJOT | October 30, 2014 | Air Cargo

Karpeles and Ruslan International move new helicopter to Africa

Ruslan International – the joint-venture company that manages and markets the 17 AN-124 freighters belonging to its owners, Antonov Airlines and Volga Dnepr Airlines – has partnered with leading German charter broker Karpeles Flight Services (part of DB Schenker) to move a brand new AgustaWestland AW101 helicopter from the UK to Africa. Read More »

Army Corps of Engineers, Port of Everett to begin Snohomish River dredging

AJOT | October 30, 2014 | Ports & Terminals | Ports

The U.S. Army Corps of Engineers, in partnership with local sponsor the Port of Everett, will begin maintenance dredging of the Snohomish River upstream and downstream settling basins. Read More »

Union Pacific Railroad Converts Boxcar into Mobile Classroom for Emergency Responder Training

AJOT | October 30, 2014 | Intermodal | Rail

Union Pacific Railroad Converts Boxcar into Mobile Classroom for Emergency Responder Training

Union Pacific, in collaboration with The Firefighters Education and Training Foundation, has converted a boxcar into a mobile classroom, expanding its fleet of training equipment used to educate emergency responders. Read More »

Becalmed market conceals impending upheaval for European Road Freight sector

AJOT | October 30, 2014 | Intermodal | Road

The European road freight sector endured another year of weak growth and anaemic profits, according to the latest market report from Transport Intelligence, European Road Freight Transport 2014. Read More »

SHIFT Freight Celebrates First Anniversary and Record-Setting Growth

AJOT | October 30, 2014 | Intermodal | Road

SHIFT Freight, a California-based LTL carrier, has been dedicated to providing unmatched Premium LTL shipping services since it opened its doors in quarter three of 2013. On the heels of its one-year anniversary last month, the young company has announced exceptional growth while providing industry-leading service levels, solidifying its place as a top player in the freight industry. Read More »

DrewryAir freight rates to rise into peak season

AJOT | October 30, 2014 | Air Cargo

DrewryAir freight rates to rise into peak season

Air freight rates from Asia to North America and Europe are expected to rise through to the end of the year following four months of stable pricing, according to the recently expanded Sea & Air Shipper Insight report published by shipping consultancy Drewry. Read More »

Landstar To Participate In Raymond James’ Global Airline/Transportation Conference

PR Newswire | October 30, 2014 | Transport Intermediaries

Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today its participation in Raymond James’ Global Airline/Transportation Conference in New York, New York. Read More »

TransCanada seeks approval for Energy East pipeline

Reuters | October 30, 2014 | Energy | Pipeline | Ports & Terminals | Ports | Wet Bulk Port

TransCanada Corp said on Thursday it had filed for regulatory approval of its C$12 billion ($10.8 billion) Energy East pipeline, pushing ahead with a plan to ship oil sands crude to eastern Canadian refineries and Atlantic export ports. Read More »

Hyundai Heavy loses $1.8 bln in quarter, braces for worst annual loss

Reuters | October 30, 2014 | Liner Shipping

South Korea’s Hyundai Heavy Industries Co Ltd, the world’s biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it’s heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders. Read More »

Soechi Lines plans IPO in early December

Reuters | October 29, 2014 | Liner Shipping

PT Soechi Lines, a marine transportation, shipyard industry and hotel firm, plans to raise up to 2.05 trillion rupiah ($168.86 million) in an initial public offering in early December, said CEO Go Darmadi. Read More »

Soymeal jumps 6 percent on rail woes, record export demand

Reuters | October 29, 2014 | Intermodal | Rail | International Trade

U.S. soymeal surged nearly 6 percent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled with slow traffic on the nation’s railroads forced crushing plants to cover short cash positions in the futures market. Read More »

Phillips 66 may build Texas crude pipeline

Reuters | October 29, 2014 | Breakbulk & Projects | Projects | Energy | Pipeline

Phillips 66 may build its own oil pipeline from the Eagle Ford shale in Texas to one of the company’s refineries and a liquid petroleum gas export facility under construction on the state’s coastline, Chief Executive Greg Garland told analysts on Wednesday. Read More »

Atlantic Container Line Names New G4 CONRO Vessels

PR Newswire | October 29, 2014 | Liner Shipping

Construction is progressing on Atlantic Container Line’s new G4 vessels, which will be the largest RORO/Containerships in the world. Read More »

Tallgrass files contract tariffs for Pony Express

Reuters | October 29, 2014 | Energy | Pipeline

Tallgrass Energy Partners LP submitted contract tariffs on Wednesday for its Pony Express crude oil pipeline effective Nov. 1, according to a regulatory filing with the Federal Energy Regulatory Commission. Read More »

TransCanada says ready to seek approval for Energy East pipeline

Reuters | October 29, 2014 | Breakbulk & Projects | Projects | Energy | Pipeline

TransCanada Corp , Canada’s No.2 pipeline company, will file for regulatory approval of its C$12 billion ($10.8 billion) Energy East pipeline on Thursday, pushing forward on its plan to ship oil sands crude to eastern Canadian refineries and Atlantic export ports. Read More »

MEG Energy considering Canadian crude re-exports from U.S

Reuters | October 29, 2014 | Energy

Canadian oil sands producer MEG Energy is considering applying for a license to re-export Canadian crude from the U.S. Gulf Coast, chief executive officer Bill McCaffrey said on Wednesday. Read More »

Canada toughens train brake rules, to impose ‘audit blitz’

Reuters | October 29, 2014 | Intermodal | Rail

Canada has issued an emergency order to railways detailing how many handbrakes they must set on unattended trains to prevent deadly runaways, and will hire new staff to conduct an “audit blitz” of rail companies’ safety systems. Read More »

South Africa’s Transnet capex hits record but H1 profit down

Reuters | October 29, 2014 | Transport Intermediaries

South Africa’s state-run logistics group Transnet said on Wednesday it spent 18.7 billion rand ($1.72 billion) in the six months to September, a record for capital expenditure, on upgrading its rail lines and other infrastructure. Read More »

Danish Logistics firm DSV raises 2014 forecast after rosy quarter

Reuters | October 29, 2014 | Transport Intermediaries

Danish transport and logistics firm DSV has raised its full-year profit forecast after a third quarter that beat market expectations, thanks to growth in air and sea freight that offset price pressure on its road division. Read More »

China’s shipping delivers toxic pollution cocktail

Reuters | October 29, 2014 | Liner Shipping

China is waging war on pollution, closing factories and targeting dirty coal-fired power plants, but its ports are pumping out pollution virtually unchecked, according to a report by a U.S. environmental group. Read More »

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