Latest News


US steps up Venezuela pressure and sanctions Maduro’s wife

Bloomberg | September 25, 2018 | International Trade

Lighthizer says US won’t wait for Canada on new NAFTA accord
International Trade
Bloomberg | Top Story | September 25, 2018

Lighthizer says US won’t wait for Canada on new NAFTA accord

The U.S. is moving forward on its bilateral trade deal with Mexico by month-end even if Canada is left out because negotiators can’t resolve their sharp differences over dairy and a dispute resolution system, U.S. Trade Representative Robert Lighthizer said.
Cargill CEO sees risk to US farmers as China shuns soybeans
International Trade
Bloomberg | Top Story | September 25, 2018

Cargill CEO sees risk to US farmers as China shuns soybeans

President Donald Trump’s trade war with China may have a lasting impact on American agriculture if it drags on, with the Asian nation already halting U.S. soybean purchases, according to the head of Cargill Inc.
NAFTA blowup could sink the Loonie by 10 percent, JPMorgan says

Bloomberg | September 25, 2018 | International Trade

U.S.-Canada ties can survive trade friction, Trudeau says

Bloomberg | September 25, 2018 | International Trade

Ryanair scraps 190 flights as German, Spanish crews to strike

Bloomberg | September 25, 2018 | Air Cargo

Boeing completes acquisition of Millennium Space Systems

AJOT | September 25, 2018 | Air Cargo | General

https://www.ajot.com/images/uploads/article/mammoet-samsung-group.jpg
Samsung awards Mammoet new contracts for petrochemical sites

AJOT | September 25, 2018 | Project / Heavy Lift

PTC35DS removes project complexity and risks by providing faster, simpler alternative at lower costs Mammoet is pleased to announce a partnership with Goldwind Australia. The contract signing has taken place on Thursday 13th September 2018 for a Multi-year Framework Agreement with all contract terms and conditions agreed upfront, providing Goldwind Australia the option to select Mammoet for its future wind farms in Australia. Mammoet has already installed a project team in Melbourne to commence operations. The first projects that are planned will comprise a total of 253 Goldwind Wind Turbine Generators (WTG’s) in Victoria. Goldwind Australia, a subsidiary of the Chinese wind turbine manufacturer has started construction on the 530MW Stockyard Hill, considered to be the largest wind farm in Australia. This wind farm has a long-term power purchase agreement (PPA) with Origin Energy. The wind farm is located in Western Victoria. It will comprise of 149 Goldwind turbines, producing clean electricity for approximately 391,000 Victorian homes each year. Goldwind has a large pipeline of wind projects in Australia and therefore was looking for a partner that could provide the necessary expertise and sufficient resources at the required scale, to secure safe and timely execution of transport, lifting and installation services. As Mammoet’s track record comprises the most wind turbine installations worldwide, Mammoet and Goldwind started exploring the options for a partnership as early as 2017. Mammoet will commence with offloading the first WTG’s for Stockyard Hill early October 2018 and will provide offloading and pre-assembly services, as well as full mechanical and electrical completion works. Mammoet is unique in offering a combined Crane and Installation scope resourced with its own professionals. For the purpose of this agreement, Mammoet has extended its Australian crane fleet with two new LG1750-SX cranes. Further investments will be made in all Terrain support cranes, trucks, trailers and auxiliary equipment. Mammoet has the largest crane fleet in the world, a significant part of which is currently operating in Australia. According to Mr. Vincent Vingerhoeds, Business Development Manager Renewables at Mammoet, this is a major step for Mammoet. The global market leader in engineered heavy lifting and transport has been active in Australia since 1998 and has installed approximately 1.5GW of wind turbine power generation capacity.

Canada unveils plan to bolster WTO in face of US protectionism
International Trade
Bloomberg | Top Story | September 25, 2018

Canada unveils plan to bolster WTO in face of US protectionism

The Canadian government released a new blueprint Tuesday to reinforce the World Trade Organization and buffer it from President Donald Trump’s ‘America First’ attacks on the Geneva-based trade body.
https://www.ajot.com/images/uploads/article/img_up_media_clifford_rr.jpg
About every five days, a child dies from a train collision

AJOT | September 25, 2018 | Intermodal | Rail

Rail Safety Week, observed September 23-29, aims to raise awareness and improve education about railroad safety.

https://www.ajot.com/images/uploads/article/mighty-ships-new-season-2018.jpg
Mighty Ships returns to Smithsonian Channel on Sunday, September 30th

AJOT | September 25, 2018 | Maritime

These marvels of marine technology move colossal cargo, bring power to entire villages and deliver spectacular entertainment to thousands of passengers.

Southeastern Freight Lines Recognized with PeopleNet Ovation Award

AJOT | September 25, 2018 | Intermodal | Trucking

BMW cuts profit outlook for 2018 on trade, pricing pressures

Bloomberg | September 25, 2018 | International Trade

MSC: Price updates from USA

AJOT | September 25, 2018 | Maritime | Liner Shipping

China is open to US talks, but bot with a knife at its throat

Bloomberg | September 25, 2018 | International Trade

New US-South Korea pact spurs hopes for NAFTA, China deals
International Trade
Bloomberg | Top Story | September 24, 2018

New US-South Korea pact spurs hopes for NAFTA, China deals

The signing of a renegotiated free-trade agreement between the U.S. and South Korea is spurring optimism that export markets for American farm goods won’t shut down and may even expand.
India’s Sliding Rupee Has an Upshot: Rising Software Exports

Bloomberg | September 24, 2018 | International Trade

© Copyright 1999–2023 American Journal of Transportation. All Rights Reserved