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OAKLAND, CA, Aug. 27, 2013 (Press Release) - After months of uneven demand and gradually eroding freight rates in the U.S.-Asia trade lane, container shipping lines say it is time to begin reversing the trend.
Read moreGenesee & Wyoming reported pulp and paper traffic in June was up 6.4% to 13,909 carloads compared with a year ago and reflecting the combination of the company with RailAmerica. Lumber and forest products volume in June was 0.7% higher to 10,781 carloads.
For second quarter, pulp and paper carloads at 41,372 carloads were 7.8% higher than in 2012. Lumber and forest products volume was 8% higher to 34,506 carloads. G&W's total traffic in June was up 3.7% and for second quarter was 6.7% higher.
Read moreAntwerp - The port of Antwerp has signed a collaboration agreement with the Brazilian state of Sao Paulo aimed at further strengthening the good trade relations with that country. The agreement was signed today by Luc Arnouts, Chief Commercial Officer of Antwerp Port Authority, and Mr. Saulo de Castro Abreu Filho, Secretary of State for Transport and Logistics of Sao Paulo. Antwerp is already the market leader in trade between South America and Europe.
Read more"We will produce 1.4 million tonnes of pulp in 2013 and 90% of that volume will be exported through Santos," Eldorado said in a statement.
Read moreKallas told our sister publication Lloyd's List that the Connecting Europe Facility (CEF) would help shipping to meet "the modernisation challenge", both by stimulating the shortsea sector and by modernising its ports.
Read moreWeekly pulp and paper rail freight in the US declined 6.3%, Canada fell 7.4% and Mexico plunged 39%, AAR showed.
North American lumber and wood products freight in the week at 5,796 carloads was up 1.9% from a year ago and year-to-date at 223,895 carloads was 10.5% higher.
Read moreWeekly pulp and paper volume in the US was down 2.3%, Canada rose 3.8% and Mexico declined 10.3%.
North American lumber and wood products rail freight in the week at 5,925 carloads was up 3.8% and year-to-date at 218,099 carloads was 10.8% higher than a year ago.
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