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Small cargo plane crashes into Chicago home

Reuters | November 18, 2014 | Air Cargo

A small cargo plane crashed into a home in Chicago, moments after the pilot had reported engine problems, authorities said. Read More »

Second Algerian light crude cargo arrives at Venezuelan port

Reuters | November 18, 2014 | Energy | Maritime

A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA’s second crude purchase from state-run Sonatrach, according to Reuters vessel-tracking data. Read More »

Russia’s Rosneft looks for alternative ways to explore Arctic

Reuters | November 18, 2014 | Energy | Discovery

Rosneft, Russia’s top oil producer, is looking for alternative ways to develop Arctic hydrocarbon resources after U.S. company ExxonMobil suspended cooperation, Russian Natural Resources Minister Sergei Donskoi said on Tuesday. Read More »

South Korea Hyundai Mipo to sell $260 million stake in POSCO

Reuters | November 18, 2014 | Liner Shipping

Hyundai Mipo Dockyard Co Ltd said on Tuesday it had decided to sell a stake worth 286 billion Korean won ($260.46 million) in steelmaker POSCO , in a bid to improve its balance sheet. Read More »

Slowdown at U.S. port of Tacoma threatens Christmas tree shipments to Asia

Reuters | November 17, 2014 | Liner Shipping

Slowdown at U.S. port of Tacoma threatens Christmas tree shipments to Asia

A slowdown at a busy Washington state port amid a labor dispute could mean that thousands of Christmas trees grown in the Pacific Northwest will not be shipped in time to meet holiday demand in Asia, industry officials said on Monday. Read More »

Agriculture Transportation Coalition urges the President to act on the West Coast Port crisis

AJOT | November 17, 2014 | Ports & Terminals

The impact of West Coast port disruption is becoming increasingly dire for U.S. agriculture and forest products exporters. Read More »

Toray in expanded $8.6 billion carbon fiber deal with Boeing

Reuters | November 17, 2014 | International Trade

Japan's Toray Industries said it will be the sole supplier of carbon fiber for Boeing Co's 777X passenger jet in addition to the 787 Dreamliner and expects orders to exceed $8.6 billion for both planes. Read More »

Argentina creates new agency to track trade, slow dollar flight

AJOT | November 17, 2014 | International Trade

Argentina tightened its international trade controls by creating a new government agency to keep track of imports and exports two weeks after accusing U.S. household products giant Procter & Gamble Co of tax fraud. Read More »

Merkel urges Europeans to speed up TTIP trade talks with US

Reuters | November 17, 2014 | International Trade

German Chancellor Angela Merkel urged European nations to speed up their negotiations with the United States over a Transatlantic Trade and Investment Partnership (TTIP) agreement between the U.S. and EU. Read More »

Euro zone trade surplus jumps y/y in Sept on stronger exports

Reuters | November 17, 2014 | International Trade

A surge in exports boosted the euro zone trade surplus in September to more than double the previous month's value, data showed, pointing to a positive contribution from trade to euro zone's economic growth in the third quarter. Read More »

German economy minister rejects tougher sanctions on Russia

Reuters | November 17, 2014 | International Trade

German Economy Minister Sigmar Gabriel said he does not believe tighter sanctions against Russia will help resolve the Ukraine crisis even though Chancellor Angela Merkel said the European Union is considering further sanctions. Read More »

Australia, China deepen ties with landmark free trade deal

Reuters | November 17, 2014 | International Trade

China and Australia sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world's second largest economy and one of Washington's closest allies in Asia. Read More »

Key elements of Australia-China free trade deal

Reuters | November 17, 2014

Australia sealed a landmark free trade agreement (FTA) with its top trade partner China, concluding a decade of negotiations. Read More »

China says FTA with South Korea may be effective in 2015

Reuters | November 17, 2014 | International Trade

A free trade agreement between China and South Korea should be effective in the second-half of next year if all goes well, a top commerce ministry official said, ending negotiations that started in 2012. Read More »

China to invest $25 billion on five new railway lines

Reuters | November 17, 2014 | Intermodal | Rail

China has approved construction of five railway projects worth 152.7 billion yuan ($24.93 billion), the country's top economic planning agency said, the latest sign that the government is lifting investment to tackle slackening economic growth. Read More »

Broekman Distriport expands terminal for new Scandinavian liner service

AJOT | November 17, 2014 | Ports & Terminals

Broekman Distriport is expanding its terminal in the Port of Rotterdam by 50,000 m2 to distribute goods to and from Western Scandinavia. Broekman Group and Norwegian Sea-Cargo signed an agreement on Monday, 17 November to develop and utilise the 'Continental Hub'. Read More »

Retailers in England head North to avoid congestion

AJOT | November 17, 2014 | Ports & Terminals

A shortage of inland transport capacity and increased waiting times for lorries at ports in the south of England have brought an uplift in the volume of containers to the Port of Liverpool. Read More »

Port of South Louisiana’s Millet receives 2014 Louisiana Technology Council Governor’s Award

AJOT | November 17, 2014 | Ports & Terminals

Port of South Louisiana’s Millet receives 2014 Louisiana Technology Council Governor’s Award

The Port of South Louisiana’s Policy and Planning Director and President of Infragard Louisiana, Lester Millet, III, recently received the 2014 Louisiana Technology Council Governor’s Technology Award for Growth Organization of the Year. Read More »

Record growth continues at Georgia’s ports

AJOT | November 17, 2014 | Ports & Terminals

The Georgia Ports Authority announced today that its terminals in Brunswick and Savannah moved a combined 2.79 million tons of freight in October, a record for the authority. Read More »

Long Beach Board OKs extra storage to relieve congestion

AJOT | November 17, 2014 | Ports & Terminals

Acting to relieve cargo delivery delays, the Long Beach Board of Harbor Commissioners have approved the use of Port of Long Beach property as a temporary site for the storage of empty containers, which will help to free up needed equipment to move cargo out of shipping terminals faster. Read More »

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