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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 »

Ports America hires Director Sales, Breakbulk

AJOT | July 21, 2014 | Breakbulk & Projects | Ports & Terminals

Patrick Hughes has joined Ports America Stevedoring as breakbulk sales director with responsibilities for coordinating and driving customer satisfaction, business development and market growth. Read More »

Port of Hamburg Marketing opens representative office in North Rhine-Westphalia

AJOT | July 21, 2014 | Ports & Terminals

With the opening of a representative office in North-Rhine-Westphalia (NRW), the second most important region of the German market for Hamburg, the Port of Hamburg’s internationally active marketing organization is making a point. From 18 July, Port of Hamburg Marketing’s Representative Office (West) will be located in Dortmunder Hafen AG’s head office. Read More »

New WWL ocean service from Asia to the Port of Tyne, UK

AJOT | July 21, 2014 | Liner Shipping | Ports & Terminals

Wallenius Wilhelmsen Logistics (WWL), the global RoRo shipping and factory-to-dealer logistics specialist has recently completed a shipment from Asia to the Port of Tyne near Newcastle in North East England (United Kingdom). Read More »

Evergreen holds naming ceremony for EVER LOADING

AJOT | July 21, 2014 | Liner Shipping

Evergreen Group held the naming ceremony for EVER LOADING, the sixth of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's Kaohsiung shipyard and was officiated by Bronson Hsieh, Evergreen Group's Second Vice Group Chairman. Read More »

Goods Movement Coalition applauds Senator Cantwell’s plans for freight bill

AJOT | July 21, 2014 | Intermodal

Addressing the National Freight Advisory Committee (NFAC) recently, Senator Maria Cantwell (D-WA) announced plans to introduce legislation aimed at improving freight mobility through strategic planning and investment. Read More »

UPS Capital - Sponsored study shows supply chain risk mitigation strategies lacking

AJOT | July 21, 2014 | Transport Intermediaries

While many supply chain executives are well aware of the risks facing their supply chains and the undesirable consequences, many are still not developing and executing strategies to properly manage identified risks. This finding is according to a new study, Managing Risk in the Global Supply Chain, sponsored by UPS Capital® Corporation, and conducted by the Global Supply Chain Institute at the University of Tennessee. Read More »

Purolator International expands logistics capabilities for companies doing business in Canada

AJOT | July 21, 2014 | Transport Intermediaries

Purolator International, the leading provider of cross-border logistics between the U.S. and Canada, is pleased to announce the expansion of its capabilities through Purolator Logistics – a new integrated solution that enables customers to improve overall supply chain efficiency, reduce distribution costs and improve speed to market. Read More »

American Fast Freight hires Lorge as VP, CFO and Treasurer

AJOT | July 21, 2014 | Transport Intermediaries

American Fast Freight, Inc. ("AFF" or the "Company") announced today that Debra L. Lorge will join the Company as a Vice President, Chief Financial Officer and Treasurer. Ms. Lorge joins AFF after a successful career as a Director of Finance and CFO at a number of well-established companies in the Pacific Northwest. Read More »

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