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Starbucks’ Americas-region traffic ticks up during holiday quarter

Reuters | January 25, 2015 | International Trade

Starbucks Corp said traffic to its Americas-region stores perked up during the holiday quarter, easing investor jitters about slower growth and boosting shares more than 3 percent in after-hours trading. Read More »

Brazil posts record current account gap in 2014

Reuters | January 25, 2015 | International Trade

Brazil recorded its widest current account deficit ever in 2014 as it posted a trade deficit due to a sharp fall in the price of key exports and a sluggish global economy. Read More »

Mexico says Pacific free trade deal ‘feasible’ in mid-March

Reuters | January 25, 2015 | International Trade

A deal on a 12-nation Asia-Pacific trade pact could be concluded in mid-March, Mexico's economy minister, Ildefonso Guajardo, said. Read More »

Amazon, e-commerce rivals fuel commercial property boom in India

Reuters | January 25, 2015 | Intermodal | Road

Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India as their storage needs rise, with shoppers in the country going online to buy everything from televisions to groceries. Read More »

Sea Star launches new barge service from JAXPORT

AJOT | January 25, 2015 | Liner Shipping | Ports & Terminals

Sea Star’s new barge service to Puerto Rico from JAXPORT began carrying both dry and refrigerated containers. Read More »

Construction of a new deepwater berth in DCT Gdansk has started

AJOT | January 25, 2015 | Ports & Terminals

DCT Gdansk secured €290 million to meet the growing demand for deep-sea services in Central-Eastern Europe by expanding its operations. Read More »

Kansas City Southern profit rises, expects solid 2015 growth

Reuters | January 25, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015. Read More »

Low oil prices to buoy transport, retail, industrial profit reports

Reuters | January 25, 2015 | Intermodal | Road

Equity investors may see a fourth-quarter earnings boost from transportation, retail and industrial companies, all seen as big beneficiaries of last year's oil price collapse. Read More »

Indonesia to form infrastructure bank to attract private investment

Reuters | January 25, 2015 | Intermodal | Rail

Indonesia's finance ministry said it plans to inject $1.63 billion into PT Sarana Multi Infrastruktur (SMI) and transform the state-owned financing firm into an infrastructure bank to help fund roads, railways and seaports with private backing. Read More »

US drivers put oil market on road to recovery

Reuters | January 25, 2015 | Intermodal | Road

U.S. gasoline demand is increasing as motorists opt for bigger vehicles and drive more, encouraged by the sharp drop in fuel prices and an improving employment market. Read More »

Teamsters lose another vote at FedEx Freight facility

Reuters | January 25, 2015 | Intermodal | Road

FedEx Corp said the Teamsters have lost a ballot among drivers at a FedEx Freight facility in West Virginia, the latest blow to the union's campaign to organize workers at the package delivery company. Read More »

Logistics industry veteran, Frank, appointed President of Weber Logistics

AJOT | January 25, 2015 | Transport Intermediaries

Logistics industry veteran, Frank, appointed President of Weber Logistics

Weber Logistics, a leading third party logistics company serving the Western U.S., has appointed logistics industry veteran, Dan Frank, as its new President, responsible for all company activities. Read More »

Existing e-commerce logistics models unsustainable, concludes new report

AJOT | January 25, 2015 | Transport Intermediaries

The present business models being employed by e-retailers and their shipping partners are becoming increasingly unsustainable, a new benchmark report from Ti has concluded. Read More »

Volga-Dnepr carries 3-meter “teacup” for mining project in Russia

AJOT | January 25, 2015 | Air Cargo

Volga-Dnepr Airlines has transported a 15-ton part of a rock breaking machine for a mining customer between the Russian cities of Anapa and Murmansk. 
 Read More »

UPS hurt by disappointing holiday season, eyes costs, pricing

Reuters | January 25, 2015 | Transport Intermediaries

UPS on Friday said its fourth-quarter performance was hurt as lackluster holiday demand pushed up costs, and that it will likely raise prices for this year’s peak season. Read More »

Kansas City Southern profit rises, expects solid 2015 growth

Reuters | January 23, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015. Read More »

Kansas City Southern profit rises, beats expectations

Reuters | January 23, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern on Friday reported a higher quarterly net profit that came in above Wall Street expectations, driven by rising freight volumes in particular in the automotive and energy sectors. Read More »

Premium Article  China’s E-commerce growth brings change to logistics

Robert L. Wallack | January 23, 2015 | International Trade | Transport Intermediaries

China’s E-commerce growth brings change to logistics

China’s E-commerce growth could forever change the logistics business. Read More »

Chinese fishing boat collides with cargo ship near South Korea, 10 missing

Reuters | January 22, 2015 | Liner Shipping

Ten crew members are missing after a Chinese fishing boat collided with a cargo ship near South Korea, China’s official Xinhua news agency reported on Friday. Read More »

US paper companies lodge trade case against China, others

Reuters | January 22, 2015 | International Trade

U.S. paper companies said they have lodged a complaint about imports from China and other countries that could lead to duties on imported uncoated paper, including copy paper used in offices and homes across the country. Read More »

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