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Kansas City Southern revenue beats on higher auto, grain shipments

Reuters | October 20, 2014 | Intermodal | Rail

Railroad operator Kansas City Southern's reported a higher-than-expected quarterly revenue as it shipped more grains and automobiles. Read More »

China expresses concern about Indian border road plan

Bob Kirk | October 20, 2014 | Intermodal | Road

Indian border road plan China expressed concern after India announced plans to build a road along the remote eastern part of their disputed border, saying it hoped India would not "further complicate" the festering disagreement. Read More »

CenterPoint Properties appoints Nenner as Senior VP, Regional Manager

Bob Kirk | October 20, 2014 | Intermodal

CenterPoint Properties announced that David Nenner has been appointed Senior Vice President, Regional Manager for the Eastern region as a part of the company’s operations department. Working closely with regional team members; Brian Townsend, Jed Degnan, Robert Harbour and Barry Rush, Mr. Nenner will be responsible for the management and oversight of CenterPoint’s East Coast portfolio, including 5.4 million square feet of industrial property throughout the Eastern seaboard. Read More »

Halifax Shipyard Receives a Huge Delivery of Overhead Cranes from Konecranes

Marketwired | October 20, 2014 | Ports & Terminals

It was the first cargo to arrive at the Port of Halifax Richmond Multipurpose Terminal, an engineering marvel in its own right after a two-year, $67 million rebuild. Read More »

Halifax Shipyard Receives a Huge Delivery of Overhead Cranes from Konecranes

Marketwired | October 20, 2014 | Ports & Terminals | Ports | Container Port

It was the first cargo to arrive at the Port of Halifax Richmond Multipurpose Terminal, an engineering marvel in its own right after a two-year, $67 million rebuild. Read More »

Canadian Pacific Railway confirms end of talks with CSX

Reuters | October 20, 2014 | Intermodal | Rail

Canadian Pacific Railway Ltd said on Monday that it had ended talks to buy No. 3 U.S. railroad operator CSX Corp. Read More »

Costco seeks China path that avoids Wal-Mart’s potholes

Reuters | October 17, 2014 | International Trade

By selling directly to Chinese consumers on Alibaba's platform, a move announced Tuesday, Costco Wholesale Corp. aims to employ local knowledge and a low-cost structure to avoid missteps that caused even the world's largest retailer, Wal-Mart Stores Inc., to stumble. Read More »

Port of Long Beach adds ‘free time’ for cargo to ease congestion

AJOT | October 17, 2014 | Ports & Terminals

The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some relief to cargo owners as the supply chain works to eliminate cargo delivery delays. Read More »

MOL’s ACW Service to begin calling Philadelphia

AJOT | October 17, 2014 | Liner Shipping

MOL (America) Inc. has announced that the America’s Coast West (ACW) service will begin calling Philadelphia. The new port rotation will begin by departing Valparaiso on November 12, 2014. As a result of this strategic new port call designed especially for refrigerated cargo, customers will enjoy the following benefits: Read More »

As clock winds down, CP Rail’s Harrison hunts for his dream deal

Reuters | October 17, 2014 | Intermodal | Rail

Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway, but he still has unfinished business - creation of a consolidated North American railway - and he is running out of time to do it. Read More »

Maersk Line to hike Asia-Europe rates by over 100 percent

Reuters | October 17, 2014 | Liner Shipping

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Nov 1. Read More »

Asia-Europe container freight rates fall 4.5 percent

Reuters | October 17, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 4.5 percent to $705 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Pacific protesters in canoes, kayaks target Australian coal port

Reuters | October 17, 2014 | Ports & Terminals

Hundreds of protesters on Friday joined environmental activists from a dozen South Pacific countries attempting to halt shipping at the world’s largest coal export terminal in eastern Australia by forming a blockade with canoes, surfboards and kayaks. Read More »

Brazil agency blocks Maersk sale of Polvo oilfield stake to HRT

Reuters | October 17, 2014 | Energy

Brazil’s oil regulator ANP rejected the sale of a 40 percent stake in the Polvo offshore oilfield to HRT Participacoes em Petroleo SA by the oil unit of Danish energy and shipping group A.P. Moller-Maersk, the regulator said on Thursday. Read More »

ATA Urges Rejection of Misleading Push Poll on Truck Safety

PR Newswire | October 16, 2014 | Intermodal | Road

American Trucking Associations President and CEO Bill Graves issued a statement calling on policymakers to reject a recently released push poll on the important truck safety issue of hours-of-service. Read More »

Canadian pulp makers urge government to pressure China on anti-dumping duties

Reuters | October 16, 2014 | International Trade

Two Canadian paper and pulp producers urged the federal government to put pressure on China to overturn the country's anti-dumping duties on dissolving pulp, a cellulosic material used to produce rayon. Read More »

The global business of secondhand clothes thrives in Kenya

Reuters | October 16, 2014 | International Trade

Shaded by ragged squares of canvas, amid choking dust and the noise of hawkers, shoppers in Nairobi's Gikomba market can turn up Tommy Hilfiger jeans or a Burberry jacket for a fraction of the price in London's Regent Street or New York's Fifth Avenue. Read More »

US encouraged by progress with Japan on Pacific trade pact, but ‘tough’ issues remain

Reuters | October 16, 2014 | International Trade

Progress in U.S. talks with Japan towards a Trans-Pacific Partnership trade pact is encouraging, but difficult issues remain, the acting deputy U.S. trade representative said. Read More »

US confirms duties on China’s refrigerant imports

Reuters | October 16, 2014 | International Trade

The U.S. Department of Commerce confirmed steep duties on imports of refrigerant gas from China, saying the goods were sold too cheaply in the United States and were produced using Chinese government subsidies. Read More »

India has until October 21 to back global customs deal

Reuters | October 16, 2014 | International Trade

India has until to support a global trade deal struck last year or risk being left out of the agreement to ease worldwide customs rules, the chairman of EU trade ministers said. Read More »

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