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Somali port poised for facelift with Turkish help

Reuters | October 23, 2014 | Ports & Terminals | Ports | Container Port

The Somali government’s grand vision for Mogadishu port under its new Turkish managers sees modern container ships replacing wooden dhows, new cranes easing the back-breaking work of porters and a surge in state revenue as traffic rises. Read More »

South Africa’s main coal terminal stops releasing export data

Reuters | October 23, 2014 | Ports & Terminals | Terminals | Terminal Operator

South Africa’s Richards Bay Coal Terminal, the largest in the world, has stopped publishing monthly operational updates detailing shipments of coal because it is “competitive information”, its chief executive said on Thursday. Read More »

Phillips 66 Washington crude-by-rail facility to open in November

Reuters | October 22, 2014 | Energy | Rail and Road

Phillips 66 on Wednesday said that it expects its facility capable of unloading 30,000 barrels of crude oil per day from trains at its Ferndale refinery in Washington state to be operational in November. Read More »

Citic, Trafigura to develop China logistics company

Reuters | October 22, 2014 | Transport Intermediaries

A subsidiary of Citic Securities Co Ltd, China’s largest investment bank, has signed an agreement with a unit of global trade house Trafigura to set up a joint warehousing and logistics unit in China. Read More »

Mexico seeks one million sugar export floor in trade dispute with US

Reuters | October 22, 2014 | International Trade

Mexico is seeking a floor on sugar exports of at least 1 million tonnes per year and insists the United States drop anti-dumping claims against its southern neighbor to resolve a sugar trade dispute, a Mexican source close to the talks said. Read More »

US business, farm groups warn on tobacco limits in Pacific trade pact

Reuters | October 22, 2014 | International Trade

U.S. business and agriculture groups have urged Pacific trading partners not to exclude tobacco from investment protection rules in a new free trade deal under negotiation, warning it would set a bad precedent. Read More »

Japan exports rebound, but economy still not out of woods

Reuters | October 22, 2014 | International Trade

Japan's exports rose at the fastest pace in seven months in September as sales to Asia picked up, but signs of slowing global growth may hurt the trade sector's ability to recharge the world's third-biggest economy and keep up pressure for fresh stimulus. Read More »

APEC nations vow to pursue “flexible” fiscal policies

Reuters | October 22, 2014 | International Trade

Countries at an Asia-Pacific summit in Beijing pledged to pursue "flexible" fiscal policies to support the world economy and job creation, their finance ministers said in a joint statement. Read More »

New class of shipping vessel calls Port of Philadelphia

AJOT | October 22, 2014 | Liner Shipping | Ports & Terminals

New class of shipping vessel calls Port of Philadelphia

On October 17, 2014, a new class of shipping vessel called the Port of Philadelphia to begin a new phase of transport along the Delaware River.  Read More »

‘Hit the HMT target!’ letter amasses over 400 backers; moves to Congress

AJOT | October 22, 2014 | Ports & Terminals

With more than 400 ports, corporations, associations and individuals as signatories, the American Association of Port Authorities (AAPA) finalized and sent a letter to leaders of the House and Senate appropriations committees, urging them to meet the dredging funding commitments made in the 2014 Water Resources Reform & Development Act (WRRDA), passed in May. Read More »

First gate for the new locks in the Pacific transits the Panama Canal

AJOT | October 22, 2014 | Ports & Terminals

The first gate for the new locks in the Pacific side began transit through the Panama Canal, signaling another historic milestone in the progress of the Expansion Program. Read More »

Inchcape Shipping Services manages heavy-lift project in the Port of Mombasa

AJOT | October 22, 2014 | Breakbulk & Projects | Projects | Ports & Terminals

Inchcape Shipping Services manages heavy-lift project in the Port of Mombasa

Inchcape Shipping Services (ISS), the world leading maritime services provider, has successfully completed another complex heavy lift project in Africa, this time at the Port of Mombasa in Kenya. Read More »

NYK Line to participate in PNW West Coast Metro Pool

AJOT | October 22, 2014 | Intermodal | Liner Shipping | Ports & Terminals

NYK Line will be become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. Read More »

Construction begins on Crowley’s new commitment class LNG-powered ConRo ships

AJOT | October 22, 2014 | Liner Shipping

A historic moment for Crowley as VT Halter Marine, Inc., a subsidiary of VT Systems, Inc., officially began construction on the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group. VT Halter Marine and Crowley entered into a contract for the pair of ships in November 2013 and construction began with the first steel plate cutting in Pascagoula, Miss. Read More »

Distracted truck driver blamed for Maryland train wreck, explosion

Reuters | October 22, 2014 | Intermodal | Rail

A trash truck driver talking on a hands-free mobile device caused a 2013 Maryland train collision that led to a 15-car derailment and explosion, U.S. investigators said. Read More »

China approves $24.5 billion in rail and airport projects

Reuters | October 22, 2014 | Air Cargo | Intermodal | Rail

China's economy grew at its slowest pace since the global financial crisis in the September quarter, adding to worries that it will drag on global growth. Read More »

Norfolk Southern posts higher profit but falls short of forecasts

Reuters | October 22, 2014 | Intermodal | Rail

No. 4 U.S. railroad Norfolk Southern Corp reported a higher quarterly profit on Wednesday with revenues rising in all commodity groups, but fell short of analyst expectations. Read More »

Halliburton, Baker Hughes buy more sand, railcars as demand piles up

Reuters | October 22, 2014 | Energy | Rail and Road

As fracking accelerates in North American shale fields, oilfield services providers Halliburton Co and Baker Hughes Inc are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul. Read More »

CEVA invests $20 million in UK ground transport fleet

AJOT | October 22, 2014 | Transport Intermediaries

CEVA Logistics, one of the world's leading supply chain management companies, is delighted to announce a major fleet investment program within the UK. Read More »

DACHSER expands in Belgium

AJOT | October 22, 2014 | Transport Intermediaries

International logistics provider DACHSER is growing to meet demand in the Benelux region with the development of a new logistics center in Belgium. Read More »

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