Japan says broad agreement on Pacific trade deal possible in July

AJOT | June 24, 2015 | International Trade

A broad agreement on a Pacific rim trade deal could be reached next month, Japan's Economy Minister Akira Amari said, as the U.S. Senate moved towards a vote on giving President Barack Obama "fast-track" negotiating authority. Read More »

Australia to be sixth-biggest shareholder in AIIB

AJOT | June 24, 2015 | International Trade

The Australian government said it would contribute A$930 million ($718.9 million) over five years to the new China-led Asian Infrastructure Investment Bank (AIIB), making it the institution's sixth largest shareholder. Read More »

China seizes $483 million of smuggled meat, some 40 years old

AJOT | June 24, 2015 | International Trade

Chinese customs have seized around 3 billion yuan ($483 million) worth of smuggled meat, some more than 40 years old and rotting, the official China Daily said on Wednesday, the latest in a grim series of food safety scares. Read More »

China says door open to US, Japan joining infrastructure bank

AJOT | June 24, 2015 | International Trade

China has left the door open for the United States and Japan to join a Beijing-led infrastructure bank but the offer has so far been rebuffed, Chinese Finance Minister Lou Jiwei said. Read More »

Port of Oakland diesel emissions way down, world takes note

AJOT | June 24, 2015 | Ports & Terminals

Port of Oakland efforts to cut diesel emissions are producing dramatic results and gaining global recognition. That was the message from two events last week highlighting Port programs that target truck and vessel exhaust.   Read More »

ICTSI Oregon leads congressional effort to end West Coast labor slowdowns

AJOT | June 24, 2015 | Ports & Terminals

The Preventing Labor Union Slowdowns Act of 2015 (PLUS Act) was introduced in the US Senate to help prevent the type of maritime labor slowdowns at the Port of Portland and 28 other West Coast ports that disrupted domestic and international trade and nearly brought the U.S. economy to a standstill earlier this year. Read More »

Port of Oakland takes step to speed up cargo flow

AJOT | June 24, 2015 | Ports & Terminals

Technology familiar to rush-hour motorists may soon help accelerate containerized cargo flow through the Port of Oakland. The Port said today it’s testing sensors that measure how long harbor truckers wait to enter its marine terminals. Read More »

Maersk will continue calling at Port of Houston

AJOT | June 24, 2015 | Liner Shipping | Ports & Terminals

Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, will continue to call at the Port of Houston Authority, which the carrier says is a key partner in helping provide the best service possible to its customers. Read More »

MOL Liner and MOL Asia announces senior management personnel changes

AJOT | June 24, 2015 | Liner Shipping

MOL Liner Ltd. (“MOL Liner”) and MOL Asia Ltd. (“MOL Asia) have announced that the companies had moved forward with changes in its senior management. Read More »

US to fine railroads that fail to implement PTC safety system

AJOT | June 24, 2015 | Intermodal | Rail

U.S. railroads that fail to implement a safety technology system known as positive train control, or PTC, will face federal fines beginning Jan. 1, the top federal railroad regulator said. Read More »

STB approves Louisville & Indiana Track upgrade

AJOT | June 24, 2015 | Intermodal | Rail

Anacostia Rail Holdings (ARH) and CSX announced that the U.S. Surface Transportation Board has approved a joint proposal by ARH's subsidiary, Louisville & Indiana Railroad (L&I), and CSX to upgrade a key freight corridor between Indianapolis, Indiana and Louisville, Kentucky. Read More »

China’s CITIC to invest $113 billion for ‘Silk Road’ investments

AJOT | June 24, 2015 | Intermodal | Road | Rail | Ports & Terminals

China's CITIC Ltd., the state-owned conglomerate, said that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan ($112.79 billion) to support China's "One Belt, One Road" initiative. Read More »

Daimler Trucks reports stronger US, west European demand

AJOT | June 24, 2015 | Intermodal | Road | International Trade

Daimler Trucks' full order books in the United States and western Europe are helping to more than offset weak markets in Asia and Latin America, the company said. Read More »

Southeastern Freight Lines promotes Lovelace to Senior VP of Corporate Planning and Development

AJOT | June 24, 2015 | Intermodal | Road

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, announced that Woody Lovelace has been promoted to senior vice president of corporate planning and development. Read More »

Wal-Mart to impose charges on suppliers as its costs mount

AJOT | June 24, 2015 | Intermodal | Road

Wal-Mart Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world’s largest retailer battles higher costs from wage hikes. Read More »

GAC Pindar complete epic Volvo Ocean Race logistics challenge

AJOT | June 24, 2015 | Transport Intermediaries

With the Volvo Ocean Race fleet now safely in Gothenburg, official logistics provider GAC Pindar is celebrating the successful completion of its own unique round the world challenge. Read More »

Suttons win supply chain management contract in Singapore

AJOT | June 24, 2015 | Transport Intermediaries

Chemical logistics and supply chain company Suttons has been awarded a supply chain management contract by well-known polystyrene resin producer TPSC Asia Pte Ltd (TPSC). Read More »

Crane Worldwide Logistics hires Unrein as new VP of Global Sales

AJOT | June 24, 2015 | Transport Intermediaries

Crane Worldwide Logistics, a full-service air, ocean, trucking, customs brokerage and logistics company, recently hired, Terry Unrein as its new Vice President of Global Sales. Read More »

WOW Logistics breaks ground on new Southern Idaho facility

AJOT | June 24, 2015 | Transport Intermediaries

Local and state officials joined WOW Logistics for a special groundbreaking ceremony for the company’s 193,000-square-foot expansion project. Read More »

Fines or shutdown loom for U.S. railroads over tech deadline

Reuters | June 24, 2015 | Intermodal | Rail

U.S. commuter and freight railroads may be forced to suspend service or face daily fines beginning Jan. 1, unless Congress extends its year-end deadline for implementing new safety technology, lawmakers were told on Wednesday. Read More »