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CMA CGM reorganizes the rotations of its ASAF and WAX lines to improve service

AJOT | July 23, 2014 | Liner Shipping

CMA CGM reorganizes the rotations of its ASAF and WAX lines to improve service

In order to better match the needs of its customers in terms of Asian ports covering and available capacities, and to improve the reliability and flexibility of its lines, CMA CGM has decided to reorganize the rotations of its ASAF and WAX lines. Read More »

UTi Worldwide strengthens trade services capabilities in Asia-Pacific with new management role

AJOT | July 23, 2014 | Transport Intermediaries

UTi Worldwide Inc., a global supply chain services and solutions company, announced that Naran Andreyev was recently named Senior Manager, Trade Services for UTi's Asia-Pacific region in this newly created role in support of customs compliance. Read More »

Wilhelmsen Technical Solutions secures Inert Gas System orders for LNG carriers

AJOT | July 23, 2014 | Energy | Maritime | Liner Shipping

Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners Read More »

CLX Logistics Promotes Darren Conner to Director of Operations, Managed Services

AJOT | July 23, 2014 | Transport Intermediaries

CLX Logistics LLC, a global provider of comprehensive logistics management, technology, and supply chain consulting services across different vertical industries, has promoted Darren Conner to the position of Director of Operations for Managed Services. Read More »

CN Rail Storage Time Shrinks - Deringer

AJOT | July 23, 2014 | Intermodal

CN Rail advised that free time for container storage has changed from 72 hours to 48 hours at most facilities. Read More »

U.S. grain farmers resort to giant storage bags to avoid cheap sales

Reuters | July 23, 2014 | Intermodal

As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool - giant sausage-shaped storage bags - to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. Read More »

Konecranes Q2 profit, order intake meet expectations

Reuters | July 23, 2014 | Ports & Terminals

Finnish crane maker Konecranes on Wednesday reported a 25-percent rise in its core quarterly operating profit amid improving market conditions in developed countries. Read More »

Pantos Logistics Signs MOU with Zhejiang Jiabao Logistics of China

PR Newswire | July 22, 2014 | Transport Intermediaries

Pantos Logistics, a comprehensive logistics service provider operating more than 180 logistics networks around the world, recently signed an MOU with Zhejiang Jiabao Logistics Co., Ltd. as part of a drive to expand its international shipping business in China. Read More »

Enbridge mulls Midwest rail terminal to ease pipeline congestion

Reuters | July 22, 2014 | Energy | Pipeline | Intermodal

Canada’s largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network. Read More »

U.S. export sales offer latest sign grains could halt slide

Reuters | July 22, 2014 | International Trade

A flurry of grain export sales to China and elsewhere since last week, totaling about 2 million tonnes, is the latest sign U.S. soybean and corn prices may be set to rebound from four-year lows. Read More »

Crowley customers realizing benefits of new FEC ICTF in Port Everglades

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

The opening of Florida East Coast Railway’s (FEC) new, state-of-the-art intermodal container transfer facility (ICTF) adjacent to Crowley Maritime Corporation’s Port Everglades, Fla., terminal is providing Crowley customers with more efficient cargo handling and faster deliveries now that containers no longer need to be trucked via interstate highways to and from an off-site rail terminal.  Read More »

ATA truck tonnage index decreased 0.8% in June

AJOT | July 22, 2014 | Intermodal

ATA truck tonnage index decreased 0.8% in June

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8% in June, following a revised 0.9% gain the previous month. In June, the index equaled 128.6 (2000=100) versus 129.6 in May. The index is off 1.9% from the all-time high in November 2013 (131.0). Read More »

CAGTC applauds past and present DOT leadership for its bipartisan call to action

AJOT | July 22, 2014 | Intermodal

Secretary Foxx and 11 former Secretaries of Transportation have released a joint letter to Congress on the need for a long-term, adequately funded federal surface transportation authorization. Read More »

China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan

Reuters | July 22, 2014 | International Trade

The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald's products as far away as Japan. Read More »

Yum, McDonald’s apologize as new China food scandal hits

Reuters | July 22, 2014 | International Trade

Yum Brands Inc and McDonald's Corp are facing a new food safety scare in China, denting the fast-food companies' efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets. Read More »

McDonald’s Japan says it sourced chicken nuggets from Shanghai Husi

Reuters | July 22, 2014 | International Trade

McDonald's Holdings Co (Japan) Ltd said Shanghai Husi Food Co Ltd, which was shut down by local regulators over food safety concerns, had supplied about 20 percent of its Chicken McNuggets and that it had halted sales of the item. Read More »

McDonald’s profit falls on weak US, European sales

Reuters | July 22, 2014 | International Trade

Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling U.S. division turned in a third straight quarterly sales decline and results from Europe also logged a surprise drop. Read More »

United Tech posts 8% profit rise, gives rosier outlook

Reuters | July 22, 2014 | International Trade

United Technologies Corp posted an 8 percent increase in quarterly profit, topping estimates, as sales of its elevators and aircraft parts helped offset a sluggish performance in its Pratt & Whitney engine business. Read More »

Starbucks China says sold products containing chicken from troubled meat supplier

Reuters | July 22, 2014 | International Trade

U.S. coffee giant Starbucks said that some of its stores previously sold products containing chicken originally sourced from Shanghai Husi Food Co Ltd, a firm that was shut down by local regulators over food safety concerns. Read More »

US congressman raps Boeing, trade group on Ex-Im bank

Reuters | July 22, 2014 | International Trade

A Republican House committee chairman scolded Boeing Co and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for "special privilege." Read More »

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