Shipping resumes in St Lawrence Seaway

AJOT | April 03, 2011 | Ports & Terminals

Navigation resumed on a key canal in the St. Lawrence Seaway early March 31st, after a vessel earlier veered off course and grounded, halting traffic.

The BBC Steinhoelft was refloated in the Montreal South Shore canal and removed for inspection, said Read More »

New All-Water Asia Service picks Port of Charleston

AJOT | April 03, 2011 | Ports & Terminals

A group of major shipping lines has selected the Port of Charleston for a new, all-water service connecting the growing Southeast U.S. region with South Korea and Central and South China

The South China East Coast Express 2 (SCE2) service, a joint ser Read More »

Suez Canal traffic resumes after beached ship moved

AJOT | April 03, 2011 | Ports & Terminals

Traffic through Egypt's Suez Canal resumed after a 42,000-ton container ship that ran aground earlier was moved, an official at the Suez Canal Authority said. Read More »

Governor Jindal announces new export grain terminal at Port of Lake Charles

AJOT | April 03, 2011 | Ports & Terminals

Gov. Bobby Jindal joined IFG Port Holdings LLC CEO Kabir Ahmad and Union Pacific Railroad Chairman and CEO Jim Young to announce the state, Port of Lake Charles, IFG and Union Pacific have finalized agreements necessary for IFG to launch a new, state-of-t Read More »

Konecranes wins first RTG order in the UK

AJOT | April 03, 2011 | Ports & Terminals

UK-based PD Teesport awarded Konecranes a contract for four RTG (rubber tired gantry) cranes. These are the first Konecranes cranes of this type to be delivered to the UK. The eco-efficient RTGs will be delivered in autumn 2011. Read More »

Holt Logstics invests more than $1 million on new equipment

AJOT | April 03, 2011 | Ports & Terminals

In its continuing effort to grow the containerized cargo business at the Packer Avenue Marine Terminal (PAMT), Holt Logistics Corp. announced that Greenwich Terminals, LLC will invest an additional $1 million in new storage equipment designed to increase Read More »

‘Cold Train Intermodal’ celebrates successful one-year anniversary

AJOT | April 03, 2011 | Intermodal

Cold Train was spun off from Rail Logistics (of Overland Park, KS). According to Chris Mnichowski, the Owner and President of CTI Freight Systems, the parent company of Cold Train Intermodal (dba "Cold Train"), "We needed to direct our time, talents and r Read More »

South African rail derailment lost 500,000 tons of export coal

AJOT | April 03, 2011 | Intermodal

A derailment on South Africa's rail lines to the Richards Bay Coal Terminal has lost around 500,000 tons of export coal, industry sources said.

The accident, which took place on the line near Ermelo in the northeastern province of Mpumalanga, shut two Read More »

Globaltrans sees 2011 growth

AJOT | April 03, 2011 | Intermodal

Russia's largest private freight operator Globaltrans expects around 20 percent sales growth in 2011 on the back of a stronger economy and may bid for state-controlled Freight One when it comes up for sale.

The company, seen as a barometer for the Rus Read More »

Hub Group buys Exel Transportation for $83 mlllion

AJOT | April 03, 2011 | Intermodal

Transportation management company Hub Group Inc said it bought Dallas, Texas-based freight broker Exel Transportation Services for about $83 million. Read More »

Global trade seen limiting food price volatility

AJOT | April 03, 2011 | International Trade

Increased global trade in agricultural commodities can help to limit world food price volatility, while trade restrictions help to fuel it, economists from the World Bank and European Union said.

France is seeking greater international coordination to Read More »

Argentina import curbs may hurt Mercosur talks

AJOT | April 03, 2011 | International Trade

Argentina's moves to restrict imports and prop up its shrinking trade surplus could hurt talks for a trade deal between South America's Mercosur bloc and the European Union, an EU official said.

In May 2010, the two sides relaunched talks that had bee Read More »

EU files tactical appeal in Boeing trade spat

AJOT | April 03, 2011 | International Trade

The European Union filed an appeal against an aircraft subsidies ruling just hours after calling it a victory, a tactical move in a transatlantic game of global trade chess.

Europe's appeal came after the World Trade Organization ruled Boeing had rece Read More »

US biodiesel makers rap EU trade tariff extension

AJOT | April 03, 2011 | International Trade

U.S. biodiesel makers said that a European Union decision to extend tariffs on imported biodiesel blends was illegal, fuelling a transatlantic battle for a share in the world's renewable energy market.

EU government representatives backed a plan to ex Read More »

Canada warns EU of trade conflict over oil sands

AJOT | April 03, 2011 | International Trade

The Canadian government has stepped up lobbying in Europe for its highly-polluting tar sands industry, repeating its threats of trade conflict, a leaked letter shows.

The letter dated March 18 to Europe's commissioners for climate, trade and energy fo Read More »

EU, China see global appetite for premium foods

AJOT | April 03, 2011 | International Trade

The European Union and China have agreed to give more trade protection to traditional products such as Parma ham and Longjing green tea, an effort to boost trade in high-end heritage goods.

The deal was reached during a visit by the EU's top agricultu Read More »

Hyundai India sales to grow 15-17%t in 2011c

AJOT | April 03, 2011 | International Trade

Hyundai Motor Co's Indian unit sales will rise 15 to 17 percent in 2011 although overall market growth is poised to cool from last year's scorching 31 percent as rising prices and interest rates crimp demand, a senior official said.

Car sales in India Read More »

EU backs first anti-subsidy duties on China

AJOT | April 03, 2011 | International Trade

European Union governments endorsed a five-year import tariff on imports of glossy paper from China, the EU's first challenge to Chinese state subsidies, diplomatic and industry sources said.

Representatives from EU capitals gave majority backing to t Read More »

Indonesia rubber exports to Japan seen falling

AJOT | April 03, 2011 | International Trade

Indonesian rubber exports to Japan are expected to drop significantly in coming months as the earthquake and tsunami there last month affected the country's auto industry, a trade ministry official said.

The Indonesian Rubber Association said last wee Read More »

WTO raps US subsidies to Boeing

AJOT | April 03, 2011 | International Trade

Planemaker Boeing received at least $5.3 billion of illegal U.S. subsidies, the World Trade Organization said in a dispute that shows no signs of an end to years of inconclusive wrangling.

The banned aid included $2.6 billion of research funding from Read More »