AJOT Digital Edition
Issue #591

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Terminal Operators

Air Cargo Quarterly

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2014 Media Kit

Ports & Terminals

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Long Beach Board OKs extra storage to relieve congestion

AJOT | November 17, 2014 | Ports & Terminals

Acting to relieve cargo delivery delays, the Long Beach Board of Harbor Commissioners have approved the use of Port of Long Beach property as a temporary site for the storage of empty containers, which will help to free up needed equipment to move cargo out of shipping terminals faster. Read More »

Premium Article  Multi-purpose terminals offer diversity, valuable service

Karen Thuermer | November 17, 2014 | Ports & Terminals | Ports | Break Bulk Port

Multi-purpose terminals offer diversity, valuable service

With more cargoes being transported by container, it’s no surprise that seaports are expanding and building container terminals. But don’t underestimate the importance of multi-purpose seaport terminals, which play an important role in attracting highly competitive breakbulk, bulk and roll-on/roll-off (ro/ro) business. While their volumes fluctuate depending upon domestic and global supply and demand, these commodities dovetail with expanding manufacturing opportunities at home and abroad. Read More »

Konecranes extensive forklift fleet targets the steel industry

AJOT | November 16, 2014 | Ports & Terminals

Konecranes extensive forklift fleet targets the steel industry

Konecranes, a leading global manufacturer of lifting equipment, has been providing heavy material handling solutions to the steel industry since the 1950’s. Konecranes advanced lifting technologies have made them a preferred supplier in steel mills and steel service centers worldwide. Read More »

ICTSI 2014 net income up 5% to US$135.7 million

AJOT | November 16, 2014 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first nine months of 2014 posting revenue from port operations of US$779.2 million, an increase of 25 percent over the US$624.7 million reported for the same period last year, Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$326.1 million, 14 percent higher than the US$285.5 million generated in the first nine months of 2013, and net income attributable to equity holders of US$135.7 million, up five percent over the US$128.8 million earned in the same period last year.  Diluted earnings per share for the period was four percent higher at US$0.056 from US$0.054 in 2013.  Read More »

Charleston gains G6 East Coast/Northern Europe service

AJOT | November 14, 2014 | Ports & Terminals

The G6 consortium of ocean carriers recently announced the addition of Charleston to a major US East Coast/North Europe service, further increasing the frequency of weekly post-Panamax vessel calls to the Port of Charleston.
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