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CAGTC Applauds Congresswoman Hahn’s Call to Improve the Freight System

AJOT | July 24, 2014 | Intermodal

Congresswoman Janice Hahn (D-CA) last week introduced a bill to improve the nation’s goods-moving system through strategic infrastructure investments. Read More »

MOL’s LNG Carriers are Commended for ‘FY2013 Best Quality Ship Award’

AJOT | July 24, 2014 | Liner Shipping

MOL’s LNG Carriers are Commended for ‘FY2013 Best Quality Ship Award’

President Muto Meets with Captain and Chief Engineer, Exchanging Views and Working to Establish a More Solid Safe Operation System Read More »

Asia Dry Bulk-Capesize market seen flat to higher as owners resist lower rates

Reuters | July 24, 2014 | Breakbulk & Projects

Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to depress freight prices, ship brokers said. Read More »

DP World H1 gross container volumes up 10.7 pct y/y

Reuters | July 24, 2014 | Ports & Terminals

DP World , one of the world’s biggest port operators, said on Thursday that its gross container volumes rose 10.7 percent from a year earlier in the first half of 2014. Read More »

U.S. sells first condensate to Asia in at least 40 years

Reuters | July 24, 2014 | Energy | Maritime

South Korea and Japan have purchased the first condensate, or ultra-light oil, from the United States since the easing of a 40-year-old ban on U.S. crude oil exports, sources familiar with the matter told Reuters on Thursday. Read More »

Canada’s rail safety measures: earlier and tougher than U.S.

Reuters | July 23, 2014 | Intermodal

Canada quietly issued new details on rail safety regulation last week that included specifications for the next generation of tank cars that are tougher than some of the options proposed by the U.S. Department of Transportation on Wednesday. Read More »

Hamburg Süd GRI for US to the Middle East and India/Pakistan

AJOT | July 23, 2014 | Liner Shipping

Effective September 1, 2014, a General Rate Increase (GRI) will be applied to all cargo moving from the United States to the Middle East & India/Pakistan. Read More »

Israel scrambles to restore foreign flights to Tel Aviv

Reuters | July 23, 2014 | Air Cargo

Israel tried on Wednesday to get U.S. and European commercial flights to Tel Aviv restored after some carriers suspended services, insisting its main airport there was safe despite being targeted by Palestinian rockets. Read More »

EU freezes assets of two firms accused of supplying oil to Syria

Reuters | July 23, 2014 | Energy

The European Union on Wednesday froze the assets of two oil- trading firms accused of organising covert shipments of oil to Syria. Read More »

Russia may ban food imports from Ukraine

Reuters | July 23, 2014 | International Trade

Russia may suspend all food imports from Ukraine because of Kiev's trade deal with the European Union, state news agency RIA Novosti reported on Wednesday citing Russian veterinary and phytosanitary service Rosselkhoznadzor. Read More »

Starbucks seeks to expand in cafe-clogged Vietnam

Reuters | July 23, 2014 | International Trade

With more coffee shops per square mile than probably anywhere on earth, opening a cafe in Vietnam's capital could be a bit of a gamble. This week, U.S. coffee chain Starbucks is opening three of them. Read More »

Yum China severs ties with owner of plant in meat scandal

Reuters | July 23, 2014 | International Trade

Yum Brands Inc's China division has stopped buying from OSI China, after Shanghai police detained five people connected to the meat supplier's factory at the center of a new food safety scandal, Yum said. Read More »

Apple revenue lags Street’s view despite strong China growth

Reuters | July 23, 2014 | International Trade

Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market. Read More »

EBay plans to expand in Russia despite sanctions

Reuters | July 23, 2014 | International Trade

Internet auction site eBay Inc said it planned to expand in Russia, still its top priority among emerging markets even though the country faces increasing Western sanctions over the Ukraine crisis. Read More »

Russian ties, trade lie behind EU sanctions rift

Reuters | July 23, 2014 | International Trade

Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia. Read More »

Poland confirms case of African swine fever in farm pigs

Reuters | July 23, 2014 | International Trade

Polish authorities have identified the country's first ever case of African swine fever (ASF) to be found in farm pigs, the chief veterinary officer said. Read More »

Shanghai police detain 5 in McDonald’s, Yum-linked China food safety probe

Reuters | July 23, 2014 | International Trade

Shanghai police said they have detained five people in an investigation into a Chinese-based supplier of foreign brands including KFC-parent Yum Brands Inc , McDonald's Corp and coffee chain Starbucks Corp over allegations the firm supplied its clients with stale meat. Read More »

GB Group to implement Tideworks Technology for Greenfield Terminal in Haiti

AJOT | July 23, 2014 | Ports & Terminals

Tideworks Technology®, Inc., a full-service provider of comprehensive terminal management and planning software solutions, today announced that GB Group has selected to implement Tideworks terminal operating system (TOS) solutions for its greenfield container terminal, Port Lafito, S.A., in Haiti. Read More »

Yusen Logistics innovates with launch of double deck ocean container transport on all routes

AJOT | July 23, 2014 | Transport Intermediaries

Yusen Logistics innovates with launch of double deck ocean container transport on all routes

Yusen Logistics announces the launch of an innovative ocean transportation service which enables double stacking of product inside ocean containers, through the installation of specialized decks. Read More »

Second half of 2014 begins on a positive note for the Logistics Confidence Index

AJOT | July 23, 2014 | Transport Intermediaries

The Stifel Logistics Confidence Index for July appears to mirror an uncertain economic environment. Since February of this year, the overall Index has increased one month and then declined the next reaching its high so far this year in May at 57.9. For the current month, the index is up 0.9 points over June to 56.1. Read More »

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