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Port of Longview posts record year

AJOT | March 14, 2010 | Ports & Terminals

In a presentation to the Board of Commissioners, Executive Director Ken O’Hollaren reported 2009 as a record setting year for the Port of Longview, just one year after reporting records in 2008.

In 2009 operating revenue reached a Port best $ Read More »

Port of Mobile moves up in rankings

AJOT | March 14, 2010 | Ports & Terminals

The Alabama State Port Authority has become the 9th largest port in the nation in terms of tonnage according to numbers released by the Army Corps of Engineers Waterborne Statistics Center. The report states 67,635,501 tons of freight moved through the Po Read More »

Port takes over its cold storage facility

AJOT | March 14, 2010 | Ports & Terminals

Port Corpus Christi Authority (PCCA) Commission has voted to end the lease agreement of its Cold Storage Facility tenant, Coastal Bend Cold Storage Inc. The company’s lease, which began July 1, 2009, included a minimum five-year lease with an option to b Read More »

Port Authority of NY/NJ launches program to replace older, more polluting trucks serving the port

AJOT | March 14, 2010 | Ports & Terminals

The Port Authority and the U.S. Environmental Protection Agency launched an aggressive program to replace up to 636 of the oldest, most polluting trucks serving the Port of New York and New Jersey with newer models that generate less pollution and greenho Read More »

Statistics on vessels, port cargo and containers for the fourth quarter of 2009

AJOT | March 14, 2010 | Ports & Terminals

Hong Kong’s Census and Statistics Department (C&SD) released statistics on vessels, port cargo and containers for the fourth quarter of 2009.

In the fourth quarter of 2009, total port cargo throughput increased by 5% compared to a year earlier to 64.7 Read More »

Nation’s freight railroads had safest year ever in 2009

AJOT | March 14, 2010 | Intermodal

The Association of American Railroads announced that 2009 was the safest year in freight railroad history, with preliminary year-end data indicating the train accident rate, employee casualty rate and grade crossing incident rates were all at record low l Read More »

East Africa needs $20 bln for railways

AJOT | March 14, 2010 | Intermodal

Regional trade bloc East African Community needs some $20 billion to upgrade the railway network in its five member countries and boost trade, Tanzania's President Jakaya Kikwete said. Read More »

U.S. chemical demand climbs

AJOT | March 14, 2010 | Intermodal

Chemical shipments on U.S. railroads jumped 18.4 percent, the Association of American Railroads said.

Chemicals shipments on trains, called rail-car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

Norfolk to pay $4 mlllion to settle chlorine spill case

AJOT | March 14, 2010 | Intermodal

Railroad company Norfolk Southern Corp. agreed to pay $4 million to settle charges it violated the Clean Water Act when chlorine gas and diesel fuel spilled during a derailment that killed nine people, the U.S. government said. Read More »

RailAmerica could make $300 - $400 mlllion buy

AJOT | March 14, 2010 | Intermodal

RailAmerica , a short-line railroad operator, has the ability to make an acquisition in the range of $300 million to $400 million but few assets that big are on the market, so it is looking at smaller deals instead, its chief executive said.

Read More »

AAR reports monthly carload declines slow in February 2010

AJOT | March 14, 2010 | Intermodal

The Association of American Railroads (AAR) reported that in February 2010, U.S. freight railroads saw a 1.5 percent decline in carloads compared with the same month last year and a decline of 15.6 percent compared with the same month in 2008. Read More »

New railway links north and south Sudan

AJOT | March 14, 2010 | Intermodal

Sudan on Thursday inaugurated a railway linking the north and south for the first time since decades of civil war ripped Africa's largest country apart.

Officials said the railway will provide a crucial economic link and lower commercial tran Read More »

U.S. lawmakers launch push to repeal NAFTA

AJOT | March 14, 2010 | International Trade

A small group of U.S. lawmakers unveiled legislation to withdraw from the North American Free Trade Agreement in the latest sign of congressional disillusionment with free-trade deals. Read More »

US Senator urges Haiti trade bill, benefit reform

AJOT | March 14, 2010 | International Trade

Senate Finance Committee Chairman Max Baucus threw his weight behind calls for an expansion of U.S. trade benefits to help Haiti rebuild its clothing sector after its devastating earthquake.

"We must lend a hand. We must assist Haiti's earthq Read More »

U.S. cannot take Google row to WTO

AJOT | March 14, 2010 | International Trade

The United States would not have any standing to bring a case against Chinese internet restrictions to the World Trade Organization, a Chinese adviser on WTO strategy said in an opinion piece.

U.S. trade officials had asked for more informati Read More »

Brazil details US cotton retaliation, wants accord

AJOT | March 14, 2010 | International Trade

Brazil detailed its planned retaliation against the United States over U.S. cotton subsidies but said Washington still had a chance to settle the trade dispute through negotiations.

The Brazilian government published a list of U.S. goods subj Read More »

Obama presses China on currency in trade speech

AJOT | March 14, 2010 | International Trade

U.S. President Barack Obama pressed China to move to a "more market-oriented exchange rate" in a speech where he laid out a plan to boost U.S. exports in the coming years. Read More »

US jury awards Whirlpool $1.78 mlllion in LG suit

AJOT | March 14, 2010 | International Trade

Whirlpool said it was awarded $1.78 million in monetary damages after a U.S. jury found certain refrigerators made by its Korean rival LG Electronics had infringed a Whirlpool patent. Read More »

Obama outlines strategy to boost exports

AJOT | March 14, 2010 | International Trade

President Barack Obama, anxious to spur growth and cut high unemployment, laid out a plan to double U.S. exports through tougher enforcement of trade laws, increased government advocacy and more credit assistance for small and medium-sized companies. Read More »

US trade prospects with the CIS hinge on agreements

AJOT | March 14, 2010 | International Trade

There is great potential for a 'new' boom in US trade with the CIS. In the five years leading up to 2008, trade with the CIS surged. In 2009, with the global recession, US-CIS trade stalled. Reviving the impetus of five years ago may take a little time Read More »

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