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Ship breaks container loading record on first call in Seattle

AJOT | July 27, 2010 | Ports & Terminals

The container ship CMA CGM Rabelais made its first call at the Port of Seattle on July 19 and shattered the Port's previous container handling record with 4,300 containers loaded and discharged. Read More »

Maryland’s Masonville waterfront restoration project wins award

AJOT | July 27, 2010 | Ports & Terminals

The Maryland Port Administration’s (MPA) $153 million initiative to clean up the Masonville Cove area and create an environmental education center was recently awarded a 2010 Environmental Excellence award by the National Association of Environmental Prof Read More »

New railway bridge to be built at the Port Metro Vancouver, BC

AJOT | July 27, 2010 | Ports & Terminals

Rail traffic destined for Port Metro Vancouver, British Columbia, terminals will move more smoothly and quickly with the injection of C$21 million by Ottawa to build a new railway bridge and widen an underpass as part of Canada’s Asia Pacific Gateway init Read More »

Delay on new China metal scrap rules worries trade

AJOT | July 27, 2010 | Ports & Terminals

Scrap metal imports by China, the world's top copper market, could be delayed by uncertainty over when and how customs officials enforce new separation rules aimed at tax evaders, analysts and importers said.

About two months after China announced the Read More »

Senators Collins, Murray introduce bill to extend port protections, anti-terrorism act

AJOT | July 27, 2010 | Ports & Terminals

U.S. Senators Susan Collins, R-Me., Ranking Member of the Senate Homeland Security and Governmental Affairs Committee, and Patty Murray, D-Wash., introduced a bipartisan bill Tuesday that would extend the groundbreaking port security programs now in place Read More »

DP World volumes up 7 pct, CEO ‘cautious’ on H2

AJOT | July 27, 2010 | Ports & Terminals

DP World , part of the Dubai World conglomerate at the center of the emirate's debt troubles, said better-than-expected container volumes will help boost profits in the first half of the year but was cautious on growth for the second half. Read More »

Abu Dhabi port H1 cargo up 12% despite slowdown

AJOT | July 27, 2010 | Ports & Terminals

Slowed property development in Abu Dhabi hit container traffic at Port Zayed in the first half of the year but cargo volumes rose, helped by infrastructure projects and higher vehicle imports, a senior port official said. Read More »

Record LME trading volumes, eyes more Asian business

AJOT | July 27, 2010 | Ports & Terminals

Buoyed by record trading volumes in the first half of this year, the London Metal Exchange outlined plans to attract more Asian business and improve its warehousing systems.

Total trading volumes at the exchange jumped 7.5 percent in the firs Read More »

ATA truck tonnage index fell 1.4% in June

AJOT | July 27, 2010 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.4 percent in June, although May's reduction was revised from 0.6 percent to just 0.1 percent. May and June marked the first back-to-back contrac Read More »

CN and UTU reach tentative hourly-rate labor agreement on DM&IR territory

AJOT | July 27, 2010 | Intermodal

CN announced that it has reached a tentative labor agreement with the United Transportation Union (UTU) for UTU-represented employees working on the Duluth, Missabe and Iron Range Railway Company (DM&IR). CN purchased the DM&IR as part of its May 2004 acq Read More »

Kansas City Southern profit tops Wall Street view

AJOT | July 27, 2010 | Intermodal

Kansas City Southern posted profit that easily topped Wall Street's expectations on Tuesday, as the U.S. railroad benefited from surging demand to haul autos, agricultural commodities and other goods.

The company reported profit available to Read More »

UPS, Union Pacific beat Street

AJOT | July 27, 2010 | Intermodal

Shipper United Parcel Service Inc and railroad Union Pacific Corp topped Wall Street's expectations when they reported quarterly results as both captured increases in domestic shipping volume.

The numbers posted by the world's largest package Read More »

Latin America should embrace India trade

AJOT | July 27, 2010 | International Trade

Latin America sends only 0.9 percent of its exports to India, a commodity-hungry country that should be a major growth engine for the region, the Inter-American Development Bank said in a report. Read More »

Eaton CEO sees improving M&A environment

AJOT | July 27, 2010 | International Trade

Diversified manufacturer Eaton Corp is seeing an improved deal environment and is more willing to deploy cash toward mergers and acquisitions than toward a stock buyback, its chief executive said.

The company, which reported stronger-than-exp Read More »

WTO seeks more cooperation in natural resource trade

AJOT | July 27, 2010 | International Trade

The World Trade Organization called for countries to work together more closely in trade in natural resources -- an area often seen as exempt from many international commerce rules. Read More »

Rambus wins patent fight with Nvidia, others

AJOT | July 27, 2010 | International Trade

Chip designer Rambus won its fight with graphic chip maker Nvidia and other companies, as a trade panel ruled that Rambus patents had been infringed and ordered a halt to the import of infringing chips. Read More »

Taiwan wins WTO flat-panel tariff case against EU

AJOT | July 27, 2010 | International Trade

Taiwan has won a World Trade Organization dispute against the European Union over LCD flat-screen panel tariffs, saving island exporters up to $611 million a year, local officials and media said. Read More »

EU loses in WTO information technology row

AJOT | July 27, 2010 | International Trade

A World Trade Organization panel has ruled that the European Union was wrong to impose duties on three types of electronics products from the United States and other countries, trade sources said.

The WTO panel backed the United States as wel Read More »

Pilgrim’s Pride to resume chicken exports to Russia

AJOT | July 27, 2010 | International Trade

Pilgrim's Pride Corp said it will resume chicken shipments to Russia shortly as it received formal U.S. approval following last month's agreement between the two countries to restart chicken exports. Read More »

China to accelerate railway spending

AJOT | July 27, 2010 | Air Cargo

China is set to speed up spending in the railway sector in the second half of 2010 as only one third of the full-investment quota was completed in the first half, the Beijing-based China Times reported.

Fixed-asset investment in the railway s Read More »

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