Panama’s economic activity in March rises 6.63%  yr/yr

Reuters | May 25, 2015 | International Trade

Panama’s economy grew 6.63 percent in March compared to the same period a year earlier, the government statistics office said on Monday. Read More »

Ukraine sees maize exports to China at 4 million tons in 2015

Reuters | May 25, 2015 | International Trade

Ukraine’s state grain firm GPZKU plans to supply up to 4.0 million tonnes of maize to China in 2015 in line with a loan-for-grains deal signed in 2012, Latifundist agriculture news agency quoted GPZKU’s chief executive as saying on Monday. Read More »

Greece hasn’t got the money to make June IMF repayment

Reuters | May 24, 2015 | International Trade

Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on Sunday, the most explicit remarks yet from Athens about the likelihood of default if talks fail. Read More »

Troubled new Berlin airport won’t be a white elephant, official says

Reuters | May 24, 2015 | Air Cargo

Berlin’s new international airport, repeatedly delayed due to red tape and technical problems, is on course to open as scheduled in 2017, a spokesman said on Sunday, denying a media report it could end up as a white elephant. Read More »

U.S. Senate passes two-month transportation spending patch

Reuters | May 23, 2015 | International Trade

The U.S. Senate early on Saturday passed a two-month spending extension for federal transportation projects that puts off a decision on long-term funding for road, bridge and rail transit projects until the height of the summer construction season. Read More »

Activists damage habitat in Seattle bay during Shell oil protests

Reuters | May 22, 2015 | Energy | Maritime | Liner Shipping

Environmental activists who fanned out in small boats across a Seattle bay over the weekend in a protest over Royal Dutch Shell ‘s plans for Arctic oil exploration in the have damaged “precious habitat” on the sea floor, a state official said on Friday. Read More »

U.S. oil platform on fire in Gulf Of Mexico; no injuries

Reuters | May 22, 2015 | Energy | Maritime

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.S. Coast Guard said. Read More »

GSO Announces Freight Service Offering

PR Newswire | May 22, 2015 | Transport Intermediaries

GSO announced today that it has officially expanded its service offering to include GSO Freight, adding to the company's popular Priority overnight and next-day Ground parcel delivery services across California, Arizona, Nevada, and New Mexico. Read More »

Jettainer opens JettHub at Frankfurt Airport

AJOT | May 22, 2015 | Air Cargo

Jettainer, the leading international service partner for outsourced ULD management in the aviation sector, has inaugurated its expanded logistics center at Frankfurt Airport. At the so-called JettHub FRA, all resources are now bundled. Read More »

The Port of the Future Prepares Future Leaders

AJOT | May 22, 2015 | Ports & Terminals | Ports | Container Port

Scholars, interns and externs gather for education celebration at the Port of Long Beach Read More »

UTC Overseas names Lloyd (Woo Sung) Bae Director of Sales and Operations - Korea Desk

AJOT | May 22, 2015 | Transport Intermediaries

UTC Overseas announced the appointment of Lloyd (Woo Sung) Bae as Director of Sales and Operations for the firm’s Korea Desk. He is based in the company’s Houston HQ offices. The announcement was made by UTC V.P. for Project Development, Matt Loll. Read More »

Logistics Plus Opens New Offices in Egypt

AJOT | May 22, 2015 | Transport Intermediaries

Includes main office in Cairo, branch office in Alexandria, and warehouse in Badr City Read More »

Hactl wins award for environmental excellence

AJOT | May 22, 2015 | Air Cargo | Transport Intermediaries

Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest cargo handler - has received the Transport and Logistics - Silver Award, in the 2014 Hong Kong Awards for Environmental Excellence. Read More »

Asia - North Europe container freight rates in biggest weekly percent drop

Reuters | May 22, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged 32.5 percent to $444 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Mexico to compensate China’s CRCC for canceling rail project

Reuters | May 21, 2015 | Intermodal | Rail

The Chinese company at the helm of a consortium that won a $3.75 billion high-speed rail contract last year which was later revoked will be compensated almost 20 million pesos ($1.31 million), a transport ministry official said on Thursday. Read More »

Workers threaten to paralyze Argentine grains hub over pay

Reuters | May 21, 2015 | Ports & Terminals | Ports | Dry Bulk Port

Argentina’s largest labor union group will go on strike in the pivotal Rosario grains hub from June 1 if a salary dispute is not resolved, a union leader said on Thursday, threatening to bring milling and exports from the grains powerhouse to a halt. Read More »

Washington state judge denies Shell appeal on rail project review

Reuters | May 21, 2015 | Energy | Pipeline | Intermodal | Rail

A judge on Thursday denied Royal Dutch Shell’s appeal of a ruling that a proposed oil-by-rail project at its Washington state refinery must undergo a full environmental review, just two weeks after a crude train derailment caused a fire in North Dakota. Read More »

OSHA-based or IBC stairs: clearing up a warehouse controversy

AJOT | May 21, 2015 | Intermodal | Road

For anyone working in an industrial or warehouse environment, where cost, space, efficient material handling and worker safety are vital, the Occupational Safety and Health Administration (OSHA)-based stairs are often preferred over IBC stairs due to  their smaller footprint, better fit, and lower cost.  RMI-compliant OSHA-based stairs permit open risers, integration of the handrail as the top of the guard, and a greater stair pitch. Read More »

Old Dominion Freight Line announces senior management changes

AJOT | May 21, 2015 | Intermodal | Road

Old Dominion Freight Line, Inc. has announced that Greg C. Gantt, the Company's Executive Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer. David S. Congdon will remain the Company's Chief Executive Officer and will assume the new responsibilities of Vice Chairman of the Board of Directors. J. Wes Frye, the Company's Senior Vice President - Finance and Chief Financial Officer, has announced his plans to retire from the Company effective December 31, 2015. Adam N. Satterfield, the Company's Vice President - Treasurer, will become the Company's Chief Financial Officer effective upon Mr. Frye's retirement. Read More »

EU wants framework for trade deal with US by end-2015

Reuters | May 21, 2015 | International Trade

Germany and its European partners remain committed to achieving the political framework for a Europe-U.S. free trade deal by the end of this year, Chancellor Angela Merkel said. Read More »