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Yusen Logistics Wins Four Prestigious Logistics Awards from the Renault-Nissan Alliance

AJOT | September 11, 2014 | Transport Intermediaries

The 2014 Renault-Nissan Alliance Award for “Inbound Logistics Performance” recognizes best practice and excellence in Kaizen achievement. Read More »

Dr Andreas Otto to become new CCO of Austrian Airlines

AJOT | September 11, 2014 | Air Cargo

Dr Andreas Otto to become new CCO of Austrian Airlines

Dr Andreas Otto (51), current Board Member Product & Sales at Lufthansa Cargo in Frankfurt, will become new Chief Commercial Officer of Austrian Airlines AG as of 1 October 2014. He was appointed in today’s supervisory board meeting. Dr Otto will succeed Karsten Benz (50), who is returning to the Lufthansa Group in Frankfurt as of 1 October 2014. Read More »

Toronto Port Authority Launches WebTrak

PR Newswire | September 11, 2014 | Ports & Terminals

The Toronto Port Authority announced the launch of WebTrak, an Internet-based service that monitors and provides information on flight paths, aircraft type, and noise levels related to all flights operating within a 30-nautical-mile radius of Billy Bishop Toronto City Airport Read More »

P&O Maritime buys majority stake in Spain’s Repasa

Reuters | September 11, 2014 | Energy | Maritime | Ports & Terminals

P&O Maritime, a subsidiary of Dubai’s DP World, one of the world’s largest port operators, has bought a majority stake in Spain’s Remolcadores de Puerto y Altura (Repasa), the acquirer said in a statement on Thursday. Read More »

POSCO backs rail, port plan for Baosteel Australia iron ore project

Reuters | September 11, 2014 | Breakbulk & Projects

In a world awash with iron ore, Asian steel makers are still willing to sink money into new iron ore mines - as long as they are low cost and have their own ports and rail lines - to loosen the grip of the world’s giant producers. Read More »

U.S. lawmakers fault rail sector for slow service, profits

Reuters | September 10, 2014 | Intermodal

U.S. rail operators must put investment ahead of profits to clear the way for grain, automotive and chemical shipments now clogging the tracks, lawmakers said at a congressional hearing Wednesday about the health of the rail grid. Read More »

US grain glut is testing rail and storage system

Reuters | September 10, 2014 | Intermodal

A stockpile of U.S. Midwest grain will likely increase in the coming months and tax farmers already desperate to house or haul corn, soybeans and other products ahead of an expected record harvest, a U.S. Department of Agriculture official said on Wednesday. Read More »

PortMiami’s Re-Stack Facility is open for business!

AJOT | September 10, 2014 | Ports & Terminals

PortMiami’s Re-Stack Facility is open for business!

PortMiami announced today that its restack facility is now open to handle containers and cargo from all carriers. The restack facility allows users to unload, manipulate and restack cargo in preparation for fumigation, inspection, or the trans loading/transfer of goods to other container. Read More »

U.S. shippers seek role in transport of LNG, oil exports

Reuters | September 10, 2014 | Energy | Maritime | Liner Shipping

The U.S. government should ensure that international trade of U.S. natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday. Read More »

US groups leery of fast-track trade deals demand transparency

Reuters | September 10, 2014 | International Trade

More than 500 U.S. organizations urged the Obama administration to ditch the system of congressional authority to fast-track trade negotiations, demanding a more transparent method of handling trade negotiations. Read More »

Ajinomoto to buy US frozen food maker Windsor Quality for $800 million

Reuters | September 10, 2014 | International Trade

Japan's Ajinomoto Co Inc said it would buy unlisted U.S. frozen foods maker Windsor Quality Holdings for around $800 million as it seeks to expand in North America to offset slowing growth at home. Read More »

Cuba estimates total damage of US embargo at $116.8 billion

Reuters | September 10, 2014 | International Trade

U.S. economic sanctions against Cuba have cost the island nation $3.9 billion in foreign trade over the past year, helping to raise the overall estimate of economic damage to $116.8 billion over the past 55 years, Cuba said. Read More »

Austria pledges to help companies hit by Russia sanctions

Reuters | September 10, 2014 | International Trade

Austria pledged to shelter companies and workers from the brunt of the economic fallout from Ukraine's political crisis, which officials said they feared could last some time. Read More »

India drops solar anti-dumping plan before Modi meets Obama

Reuters | September 10, 2014 | International Trade

India has dropped plans to impose an anti-dumping duty on solar panel imports, a move that is likely to help mend frayed commercial ties with the United States before Prime Minister Narendra Modi meets President Barack Obama this month. Read More »

Konecranes appoints Pankakoski as Chief Digital Officer

AJOT | September 10, 2014 | Ports & Terminals

Juha Pankakoski (47) has been appointed Chief Digital Officer of Konecranes Plc. He will be responsible for all Information Systems and the overall Process Architecture of Konecranes. Read More »

SC Ports Authority awarded $10.8 million TIGER grant

AJOT | September 10, 2014 | Ports & Terminals

SC Ports Authority has been awarded a 10.8 million dollar Transportation Infrastructure Generating Economic Recovery (TIGER) grant for planned upgrades and improvements to its Wando Welch Terminal. Read More »

Port of Longview negotiations on propane/butane terminal progressing

AJOT | September 10, 2014 | Ports & Terminals

The Port of Longview and Haven Energy are “finding common commercial ground” in Haven’s proposal to develop a propane/butane export terminal at the Port, Port of Longview Chief Executive Officer Geir-Eilif Kalhagen announced during the regular Port Commission meeting. Read More »

Express Global Logistics gets power project cargo to Bangladesh 

AJOT | September 10, 2014 | Breakbulk & Projects

Express Global Logistics gets power project cargo to Bangladesh 

EXPRESS GLOBAL LOGISTICS PVT.LTD (formerly known as Express Transport), a member of the Worldwide Project Consortium WWPC in India, recently loaded 8094 FRT cargo from Yantai to Mongla for a Power Project in Bangladesh.  Read More »

Rickmers-Linie supports new low sulphur regime but expects increasing costs

AJOT | September 10, 2014 | Breakbulk & Projects

Rickmers-Linie has declared its support for the introduction of stricter sulphur regulations but expects that they will inevitably lead to an increase in the cost of marine fuels. Read More »

East Africa’s Rift Valley Railways secures funds for locomotives

AJOT | September 10, 2014 | Intermodal

East Africa's Rift Valley Railways, operator of the only rail line linking Kenya's Indian Ocean coast with Uganda, said it had funding of 2.2 billion Kenyan shillings ($24.80 million) to buy 20 locomotives to be delivered by next April. Read More »

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