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miral-Philippines’ ICTSI to invest $130 mln in Iraq port deal

Reuters | April 10, 2014 | Ports & Terminals

The Philippines’ International Container Terminal Services Inc (ICTSI) said on Thursday it had agreed to operate, develop and expand Iraq’s largest port facilities and invest $130 million in the first phase of the deal. Read More »

Mississippi River traffic may reopen Friday after barge hits Iowa bridge

Reuters | April 09, 2014 | Ports & Terminals

Mississippi River barge traffic could reopen Friday at the earliest, government officials said on Wednesday, a day after a barge struck a railroad bridge at Sabula, Iowa, forcing the closure of a two-mile (3.2 km) stretch of the country’s busiest waterway. Read More »

Streamline Shipping Spring Release Enhances Leading Logistics and Supply Chain ERP Application

PR Newswire | April 09, 2014 | Transport Intermediaries

Streamline, a cloud-based ERP software company offering pace-setting logistics and supply chain management tools, today released its Spring 2014 application enhancements. Read More »

CN Rail to reach weekly grain volume target

Reuters | April 09, 2014 | Intermodal

Canadian National Railway Co, the country’s biggest railroad, this week will reach the minimum weekly grain volume ordered by the government, Chief Executive Claude Mongeau said on Wednesday. Read More »

Japan, US make progress in trade talks; key gaps remain

Reuters | April 09, 2014 | International Trade

Japanese and U.S. trade officials made progress in negotiations meant to spur a broad Pacific trade pact and prepare for a visit by President Barack Obama, but they remain apart on some major issues, both sides said. Read More »

US urges Germany, other European nations to keep deflation at bay

Reuters | April 09, 2014 | International Trade

The United States urged Germany and other European countries to take seriously the risk that Europe could slip into a dangerous spiral of falling wages and prices. Read More »

India’s Sun Pharma plans gradual phase-out of Ranbaxy-branded drugs in US

Reuters | April 09, 2014 | International Trade

India's Sun Pharmaceutical Industries Ltd plans to begin phasing out sales of generic drugs branded as Ranbaxy Laboratories Ltd products in the United States, after completing a $3.2 billion takeover of its loss-making rival by the year end, sources with direct knowledge of the matter said. Read More »

Dutch postpone Russian trade mission over Ukraine crisis

Reuters | April 09, 2014 | International Trade

The Netherlands is looking at ways to safeguard its energy supply after earthquakes caused by gas production forced it to cut output from the huge Groningen gas field this year. Combined with dwindling reserves, that may increase the country's demand for imported gas. Read More »

Indonesia import duty decision set to shake up global cocoa supply

Reuters | April 09, 2014 | International Trade

Indonesia's cocoa grinding industry - which includes firms such as Cargill and Barry Callebaut - is squaring off against farmers over import duties, the outcome of which could shake up the market for the chocolate-making ingredient. Read More »

Greece faces long road to recovery, despite financial rebound

Reuters | April 09, 2014 | Liner Shipping | Ports & Terminals

Nikos Mavrikos has fired half of his employees since 2010 as the Greek economy imploded, leaving his ship supply business on the verge of collapse. February marked a turning point, however: Mavrikos made a hire, his first in four years. Read More »

Miami’s port to issue new bond to pay debt, fund tunnel project

Reuters | April 09, 2014 | Ports & Terminals

The Port of Miami's total debt is set to pass $1 billion after Miami-Dade County commissioners approved a $225 million bond offering on Tuesday to meet existing lending agreements and pay the balance on a nearly finished underground tunnel connecting the island-port to nearby highways. Read More »

Louisiana ranked top maritime state in the nation

AJOT | April 09, 2014 | Ports & Terminals

New data released shows that Louisiana ranks first in the nation in economic impact from America’s domestic maritime industry. Read More »

Key Senator pledges to defend 1920 law on domestic shipping industry

AJOT | April 09, 2014 | Ports & Terminals

The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry, the chair of the Senate Energy Committee said. Read More »

General strike warning for Argentinian ports

AJOT | April 09, 2014 | Ports & Terminals

Inchcape Shipping Services (ISS), is advising of a potential general strike in Argentina on Thursday 10th April 2014 from 00:00hrs to 24:00hrs. Read More »

Ride to lower costs for LNG-run trucks rockier than expected

Reuters | April 09, 2014 | Intermodal

Just over a year ago, Canadian trucking firm Bison Transport took a bet on a potentially game changing technology, buying 15 big rigs powered by liquefied natural gas. Read More »

China’s Shenhua to invest in cross-border rail link from Mongolia

Reuters | April 09, 2014 | Intermodal

Shenhua Group, China's top coal producer, will form a joint venture with partners in Mongolia to build a cross-border rail link that will help ship coal to China, the company confirmed. Read More »

China’s railway operator to increase investment in 2014

Reuters | April 09, 2014 | Intermodal

China's national railway operator will raise its annual investment by 20 billion yuan ($3.23 billion) to 720 billion yuan in 2014 to increase the number of lines it plans to build, the head of the company said in remarks published. Read More »

Commercial incentives and supply chain collaboration are key to helping move more grain

AJOT | April 09, 2014 | Intermodal

Claude Mongeau, president and chief executive officer of CN, said Canada's grain handling and transportation system can only succeed in efficiently moving more grain to market if commercial incentives align the supply chain and if all supply chain participants are held accountable for their performance. Read More »

Yusen Logistics launches South East Asia link “SEAL” trucking service connecting Indochina

AJOT | April 09, 2014 | Intermodal

Yusen Logistics announces the launch of the South East Asia Link service (SEAL) – a cross-border trucking service for Indochina. Read More »

American Airlines Group reports March cargo traffic results

AJOT | April 09, 2014 | Air Cargo

American Airlines Group reported positive combined traffic growth in March 2014 for American Airlines Cargo and US Airways Cargo. American Airlines Group’s system cargo ton miles (CTMs) for the month were 213.4 million, up 11.2 percent versus March 2013. Year-to-date CTMs were 560.7 million, up 12.1 percent over the same period in 2013. Read More »

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