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Has China’s base metals import appetite peaked?

Reuters | January 26, 2015 | Breakbulk & Projects | Breakbulk | International Trade

Not so very long ago base metals bulls marched to the beat of the monthly release of China's trade figures. Read More »

UASC orders 2,000 new reefer units

AJOT | January 26, 2015 | Liner Shipping

United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has announced an order of 2,000 reefer containers from Daikin. Read More »

New software from Korean Register assists vessels comply with ECA requirements 

AJOT | January 26, 2015 | Liner Shipping

The Korean Register (KR) – an IACS member classification society – announces the launch of an in-house developed software program to assist vessels with fuel oil change over when complying with the new low sulphur regulations. Read More »

China train maker CNR says secures 30 deals worth $3.9 billion

Reuters | January 26, 2015 | Intermodal | Rail

China CNR Corp Ltd , one of the country's top train makers, said it had recently signed 24.3 billion yuan ($3.9 billion) of deals with both Chinese and foreign firms. Read More »

Davies Turner partners with Raben to boost Dutch freight services

AJOT | January 26, 2015 | Transport Intermediaries

Davies Turner, the UK's leading independent freight forwarder, is supporting British export efforts to the Netherlands with an enhanced daily trailer groupage service to and from the country. Read More »

Another strong year for Hong Kong’s major air cargo handler

AJOT | January 26, 2015 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s major, independent cargo handler – ended 2014 with its strongest quarter of the year, handling 491,476 tonnes (up 4.9% on the same period of 2013). Read More »

American Airlines sued by mechanics union organizers

Reuters | January 26, 2015 | Air Cargo

Union organizers sued American Airlines, alleging that maintenance directors pressured workers to skimp on federal safety procedures and threatened discipline if they reported too many maintenance flaws. Read More »

AirBridgeCargo Airlines carries record 401,000 tons in 2014

AJOT | January 26, 2015 | Ports & Terminals

AirBridgeCargo Airlines (ABC) marked its 10th anniversary year in 2014 by carrying a record tonnage of 401,000 tons, a 17.6% increase year-on-year, with an average load of 72.6%, well above the industry average. Read More »

East Coast braces, flights canceled as ‘historic’ blizzard looms

Reuters | January 26, 2015 | Air Cargo | Intermodal | Road

Light snow began falling on the U.S. East Coast on Monday morning, the first signs of a potentially historic blizzard that officials predicted would dump up to 3 feet in the coming day, snarling transportation for millions of people. Read More »

Norfolk Southern profit hurt by declining coal volumes

Reuters | January 26, 2015 | Intermodal | Rail

Norfolk Southern Corp, the No. 4 U.S. railroad, on Monday reported slightly lower fourth-quarter profit due partly to a 15 percent drop in coal revenue. Read More »

Premium Article  Moving choppers from the Middle East to Alabama

Peter Buxbaum | January 26, 2015 | Breakbulk & Projects | Projects

Moving choppers from the Middle East to Alabama

Global Shipping coordinates project move from Jordan for refurbishing Read More »

China’s COSCO Group returns to profit in 2014

Reuters | January 26, 2015 | Liner Shipping

COSCO returned to profit in 2014 after three years of losses, state media said on Saturday, citing an interview with the group’s chairman. Read More »

Asia-Europe container freight rates jump 24.6 percent

Reuters | January 26, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 24.6 percent to $1,256 per TEU in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. Read More »

Ag Secretary Calls for Infrastructure Improvement During Visit to Port of Houston

GlobeNewswire | January 25, 2015 | Ports & Terminals | Ports | Dry Bulk Port

Renewed investment is needed in ports and other transportation infrastructure to help boost trade, United States Agriculture Secretary Tom Vilsack said Thursday at the Port of Houston. Read More »

Pinnacle Freight growth prompts move to new location, expanded services

AJOT | January 25, 2015 | Transport Intermediaries

Pinnacle Freight growth prompts move to new location, expanded services

Pinnacle Freight Systems has announced that it will move its operations from Raritan Center to a new warehouse and distribution center in Florence, New Jersey, as of April 1, 2015. 
 Read More »

Senator preparing new push against currency cheats in trade

Reuters | January 25, 2015 | International Trade

U.S. lawmakers are preparing a new push to stop trading partners unfairly manipulating their currencies to gain an export advantage, a senior Democrat said. Read More »

India’s Ipca Labs hit by FDA ban on plant for standard violations

Reuters | January 25, 2015 | International Trade

The U.S. Food and Drug Administration (FDA) has banned imports from Indian generic drugmaker Ipca Laboratories Ltd's plant at Ratlam in the central Madhya Pradesh state due to violations of standard production practices. Read More »

US senator wants fast-track trade bill introduced by the end January

Reuters | January 25, 2015 | International Trade

The head of the U.S. Senate committee responsible for trade said he wanted to introduce a bill by the end of January that grants the White House authority to fast track trade deals. Read More »

Starbucks price set for 94% of 2015 coffee supply

Reuters | January 25, 2015 | International Trade

Starbucks Corp has fixed the price it will pay for most of its coffee beans this year after going on a buying spree late last year when prices were under pressure, Chief Financial Officer Scott Maw said. Read More »

Starbucks’ Americas-region traffic ticks up during holiday quarter

Reuters | January 25, 2015 | International Trade

Starbucks Corp said traffic to its Americas-region stores perked up during the holiday quarter, easing investor jitters about slower growth and boosting shares more than 3 percent in after-hours trading. Read More »

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