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TruStar Energy announces grand opening of City Furniture CNG Fueling Station

AJOT | April 17, 2014 | Intermodal

The two-compressor station is located at their Tamarac headquarters and warehouse location, and will be used to fuel their fleet of new CNG-powered delivery trucks – which will service the surrounding communities. Read More »

Southeastern Freight Lines promotes Stritt to VP of Fleet Services

AJOT | April 17, 2014 | Intermodal

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, has announced that Kerry Stritt has been promoted to vice president of fleet services, operating out of Columbia, S.C. Read More »

Evolution or revolution? LNG and the railroads

Reuters | April 17, 2014 | Intermodal

Electro-Motive Diesel, the world's largest diesel locomotive manufacturer, has taken delivery of the first of four specially designed liquefied natural gas (LNG) tenders ultimately destined for use on the Canadian National railroad. Read More »

Oil traffic may delay US fertilizer shipments, farmers warn

Reuters | April 17, 2014 | Intermodal

Increasing use of railroads to ship crude oil could disrupt fertilizer cargo this spring as Midwest farmers prepare for planting, U.S. agriculture leaders warn, even as one railroad said on Monday it will take steps to ensure timely deliveries. Read More »

East African nations seek funding adviser for $4 billion railway

Reuters | April 17, 2014 | Intermodal

Tanzania, Rwanda and Burundi are looking for an adviser to help them secure financing for a $4.13 billion railway project aimed at boosting cross-border trade in the region. Read More »

Kenya’s TransCentury says 2014 profit to fall 25%

Reuters | April 17, 2014 | Intermodal

Kenya's TransCentury Ltd. said its full-year profits would be down a quarter from last year due to a fair value loss from the sale of its stake in a railway company. Read More »

Tanzania president maps out plan for transport hub

Reuters | April 17, 2014 | Intermodal | Ports & Terminals

Tanzania aims to hike cargo volumes through its main Dar es Salam port in 2015 by almost 40 percent over 2013 levels, part of plans to expand and build new transport links and become a regional hub, the president said. Read More »

Coal, grain shipments boost Union Pacific profit

Reuters | April 17, 2014 | Intermodal

Union Pacific Corp, the largest publicly traded U.S. railroad, reported a 14 percent jump in profit as coal shipments, its largest cargo, picked up and the company hauled more grains meant for export to Mexico and China. Read More »

STV provides construction management of critical freight rail yard expansion

AJOT | April 17, 2014 | Intermodal

A major expansion at Norfolk Southern’s (NS) Bellevue Yard in Ohio that will make the facility one of the largest rail car classification and switching yards of its kind in North America, is nearing its completion thanks, in part, to STV, a leading engineering and construction management firm that has a history of supporting a number of significant freight rail initiatives. Read More »

Facing firm oil prices, Asia airlines hedging big part of fuel use

Reuters | April 17, 2014 | Air Cargo

Top Asian airlines are hedging a substantial portion of their jet fuel usage this year, a Reuters survey showed, signaling they expect prices of the fuel to be firm and indicating sustained pressure on their profit margins. Read More »

Truck driver exodus caused by mandated electronic logs could compound growing driver shortage

PR Newswire | April 17, 2014 | Intermodal

What would the trucking industry look like without 70 percent of the independent and small-fleet owner-operators moving freight today? What if 52 percent of company drivers and leased owner-operators at larger fleets also suddenly exited the business? Read More »

Port Manatee’s ‘green’ locomotives to dramatically cut emissions, costs

Paul Scott Abbott | April 17, 2014 | Intermodal | Ports & Terminals

Port Manatee’s ‘green’ locomotives to dramatically cut emissions, costs

Dramatic reductions in emissions and operating costs are anticipated with Port Manatee’s deployment of two “green” locomotives on the short-line railroad that links the Tampa Bay seaport to the CSX Transportation mainline. Read More »

Appointment to the Atlantic Pilotage Authority

PR Newswire | April 17, 2014 | Ports & Terminals

The Honourable Lisa Raitt, Minister of Transport, today announced the appointment of Captain Alexander L. MacIntyre to the board of directors of the Atlantic Pilotage Authority for a term of three years. Read More »

Shipping firms turn to equity markets as sector eyes recovery

Reuters | April 17, 2014 | Transport Intermediaries

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s. Read More »

U.S. Army Corps of Engineers offers its final approval for Jacksonville Harbor Deepening

AJOT | April 17, 2014 | Ports & Terminals

U.S. Army Corps of Engineers offers its final approval for Jacksonville Harbor Deepening

The U.S. Army Corps of Engineers today issued a final Chief’s Report approving the Jacksonville Harbor Deepening Project, clearing the way for congressional authorization in an upcoming Water Resources Development Act. Read More »

Bunker Adjustment Factor – Update - North East Asia to Australia

AJOT | April 17, 2014 | Liner Shipping

Hapag-Lloyd will revise the Bunker Adjustment Factor effective May 17, 2014. Read More »

Union Pacific Reports Record First Quarter

AJOT | April 17, 2014 | Intermodal

Union Pacific Corporation (NYSE: UNP) today reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in the first quarter 2013. Read More »

Throughput of Port of Rotterdam practically stable

AJOT | April 17, 2014 | Ports & Terminals

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type, less crude oil (‑2%), mineral oil products (‑14%) and other liquid bulk cargo (‑14%) were transferred. On the positive side, iron ore and scrap (+5%), coal (+15%), agribulk (+69%), other dry bulk cargo (+13%), containers (+1%), roll on/roll off (+9%) and other mixed cargo (+9%) did better. Read More »

German court sentences Somali pirate to 12 years for kidnapping

Reuters | April 17, 2014 | Liner Shipping

A German court sentenced a Somali asylum-seeker to 12 years in jail on Thursday, for his involvement in the pirate hijacking of a tanker in the Indian Ocean in 2010. Read More »

Deutsche Post sees immunity for DHL in Singapore cartel probe

Reuters | April 17, 2014 | Ports & Terminals | Transport Intermediaries

Deutsche Post expects its DHL forwarding business to be granted immunity from prosecution and fines by Singapore antitrust authorities, who are investigating 11 companies for alleged price fixing, the German logistics company said. Read More »

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