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Cuba hopes for more investment as Chinese president arrives

Reuters | July 21, 2014 | International Trade

Chinese President Xi Jinping begins a two day visit to Cuba on Monday evening, stirring hopes on the island that China will finally invest in the country after a number of important deals never materialized. Read More »

Wisconsin train derailment clean up underway, evacuation lifted

Reuters | July 21, 2014 | Intermodal

An evacuation order was lifted on Monday after a train derailment and collision several hours earlier caused a fuel spill in a southeastern Wisconsin town, where clean-up efforts were underway, a rail spokesman said. Read More »

ATA Forecast Projects Continued Growth for Trucking

PR Newswire | July 21, 2014 | Intermodal

American Trucking Associations released the latest edition of its look ahead at the future of freight: ATA U.S. Freight Transportation Forecast to 2025, which shows continued growth for not just the trucking industry Read More »

Transport America Announces The Addition Of Two New Leaders

PR Newswire | July 21, 2014 | Transport Intermediaries

Transport America announces the addition of two new leaders: Kelly Polk, VP of Team Division and Michael Spencer, VP of SE Regional Division. Prior to joining Transport America, Kelly Polk was employed by Schneider National for 27 years in various capacities in Operations, Process Improvement, Associate Relations, and most recently as Director of Operations, Port Logistics. Read More »

PMA and ILWU Provide Update on Contract Talks

AJOT | July 21, 2014 | Ports & Terminals

After several days of ongoing talks, both parties will break from negotiations next Monday and Tuesday in order for the ILWU to convene its previously scheduled Longshore Division Caucus in San Francisco. Negotiations are scheduled to resume Wednesday. Read More »

Freight Coalition applauds Administration’s Transportation Financing Initiative

AJOT | July 21, 2014 | Intermodal

The White House announced plans to move infrastructure projects and the economy forward through a new executive action, the Build America Investment Initiative (the Initiative). Read More »

Aviation safety in spotlight after some airlines avoided Ukraine

Reuters | July 21, 2014 | Air Cargo

Airlines including Qantas Airways and Air Berlin altered their flight paths months ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same. Read More »

Amerijet opens new cargo hub at Rickenbacker

AJOT | July 21, 2014 | Air Cargo

Amerijet International’s new coast-to-coast freight service operations took off at Rickenbacker International Airport on July 8. Rickenbacker is one of two key air cargo hubs for this new service which is sure to benefit both businesses and consumers seeking efficient and cost-effective supply chain solutions. Reno, Nevada serves as the west coast hub for this service. Read More »

Libya’s El-Feel oilfield output dips due to security in Tripoli-NOC

Reuters | July 21, 2014 | Energy

Libya’s El-Feel oilfield has slightly reduced output due to security problems in the capital Tripoli, a spokesman for National Oil Corp (NOC) said on Friday. Read More »

Yuhuang Chemical to make $1.85 million investment in methanol project at the Port of South Louisiana

AJOT | July 21, 2014 | Ports & Terminals

Port of South Louisiana Executive Director Paul Aucoin welcomed Governor Bobby Jindal and Yuhuang Chemical CEO Charlie Yao for the announcement that the company will make a $1.85 billion capital investment in a world-scale methanol manufacturing complex on the Mississippi River in St. James Parish. Read More »

Wartsila lifts profit outlook on China deal

Reuters | July 21, 2014 | Liner Shipping

Finland's Wartsila said it would move its loss-making two-stroke ship engine business to a new joint venture controlled by partner China State Shipbuilding Corporation (CSSC), adding the deal would boost its profitability this year. Read More »

Shell suspends work on Canadian gas for transport facility

Reuters | July 21, 2014 | Intermodal

Royal Dutch Shell has suspended development of a liquefaction unit at Canada's Jumping Pound facility, which was to be used to develop the emerging gas for transport market. Read More »

Kansas City Southern revenue beats on grain, automobile shipments

Reuters | July 21, 2014 | Intermodal

Kansas City Southern reported higher-than-expected quarterly revenue as it shipped more agriculture products and automobiles. Read More »

CP Rail sees more growth as 2nd quarter tops forecasts

Reuters | July 21, 2014 | Intermodal

Canadian Pacific Railway Ltd reported stronger-than-expected results and said rising freight volumes and prices should push already record results to new highs later this year. Read More »

China deepens ties to Brazil, plans to build railways

Reuters | July 21, 2014 | Breakbulk & Projects | Intermodal

China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure. Read More »

China to loan Argentina $7.5 billion for power, rail projects

Reuters | July 21, 2014 | Intermodal

Argentina will sign deals to borrow $7.5 billion from China, its Cabinet chief said, at a time when the Latin American country cannot tap global capital markets due to disputes over unpaid debt. Read More »

Canadian Pacific train carrying gasoline derails in Saskatchewan

Reuters | July 21, 2014 | Intermodal

An eastbound Canadian Pacific Railway freight train carrying gasoline and other cargo derailed in the prairie province of Saskatchewan,, the rail operator said, but there were no injuries, fire or leaks. Read More »

Australian, Korean airlines shifted Ukrainian flight routes months ago

Reuters | July 21, 2014 | Air Cargo

Some international airlines, including Australia's Qantas Airways and Korea's two major carriers, shifted the route taken by flights operating over Ukrainian air space months ago amid increasing tensions between Kiev and pro-Moscow rebels. Read More »

Finnish customs intercepted arms shipment on route to Ukraine

Reuters | July 21, 2014 | Air Cargo

Finnish customs has intercepted a shipment of arms on its way to Ukraine, it said, with a Finnish newspaper saying it consisted of missile system parts. Read More »

Cargo numbers continue climb at the Port of Long Beach

AJOT | July 21, 2014 | Ports & Terminals

Cargo container volume rose 8 percent in June at the Port of Long Beach, compared to the same month last year. With more than 610,000 TEUs (twenty-foot equivalent units) moved, last month was the busiest June since 2007, which was the busiest year for container cargo at Long Beach. Read More »

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