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Bidding opens for $350 million terminal in Chile port

AJOT | August 05, 2010 | Ports & Terminals

The operator of Chile's key Valparaiso port opened international bidding for the rights to build a second major terminal, which will require an investment of $350 million. Read More »

ICTSI 1H net income up 83% to US$42.4 million

AJOT | August 05, 2010 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) has reported consolidated unaudited financial results for the six months ended 30 June 2010, posting first half revenue from port operations of US$246.9 million, an increase of 31 percent over the US Read More »

Infraestructura Portuaria Mexicana opts for two Kalmar E-One2 RTGs and STS upgrades

AJOT | August 05, 2010 | Ports & Terminals

Cargotec has received an order for two all-electric Kalmar E-One2 rubber-tyred gantry (RTG) cranes from Pinfra's subsidiary, Infraestructura Portuaria Mexicana S.A. de C.V. (IPM). Additionally, Cargotec also agreed with IPM in the second quarter of 2010 t Read More »

Charleston deepening advances in US House

AJOT | August 05, 2010 | Ports & Terminals

A key U.S. House committee approved expedited studies of harbor deepening in the Port of Charleston through the Water Resources Development Act (WRDA) of 2010. Read More »

Ports, retail lift Hutchison to forecast-beating H1

AJOT | August 05, 2010 | Ports & Terminals

Hutchison Whampoa is set for a strong second-half due to a rebounding global economy, after a strong performance in its ports and retail divisions helped billionaire Li Ka-shing's flagship conglomerate post a forecast-busting first-half profit.

Read More »

Port Metro Vancouver launches Blue Circle Award for shipping

AJOT | August 05, 2010 | Ports & Terminals

Port Metro Vancouver is launching its new Blue Circle Award for the EcoAction Program for Shipping, a user-friendly financial incentive for shipping lines that reduce emissions of their ocean-going vessels. A global leader in Port sustainability, Port Met Read More »

Security challenge at Port Everglades turns into win-win for charity, local businesses and ship crew

AJOT | August 05, 2010 | Ports & Terminals

When the U.S. government began requiring seaport workers to have nationally standardized security credentials last year, thousands of international seafarers were left stranded because they did not qualify for the Transportation Worker Identification Cred Read More »

Charleston containers up 19% in first half, harbor deepening reaches milestone

AJOT | August 05, 2010 | Ports & Terminals

Deepening of Charleston Harbor, already the deepest in the Southeast, reached another milestone as container volumes in the Port of Charleston increased 19 percent in the first half of 2010. Read More »

Orion Marine Group announces a contract award of approximately $13 million

AJOT | August 05, 2010 | Ports & Terminals

Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $13 million. Read More »

Mid-year stats mark rebound in Port Metro Vancouver cargo

AJOT | August 05, 2010 | Ports & Terminals

Port Metro Vancouver has released the 2010 mid-year results of overall throughputs in the Cargo Statistics Report. The report shows that 2010 is building momentum, with an overall tonnage increase of 20 per cent totalling 58.4 million tonnes to date. Read More »

GPA handles 2.6 million TEUs in FY2010

AJOT | August 05, 2010 | Ports & Terminals

Georgia Ports Authority‚Äôs (GPA) Executive Director Curtis J. Foltz announced the GPA handled more than 2.63 million TEUs (Twenty-foot Equivalent Unit containers), added new services and maintained its position as the fourth highest volume container port i Read More »

Ports announce Annual Clean Air Award

AJOT | August 05, 2010 | Ports & Terminals

Five local maritime and cargo companies that have taken extraordinary steps to improve air quality collected honors today at the third annual San Pedro Bay Ports Clean Air Action Plan Air Quality Awards presented by the ports of Long Beach and Los Angeles Read More »

Seacastle Chassis becomes “TRAC Intermodal”

AJOT | August 05, 2010 | Intermodal

Seacastle Chassis announced that it has changed its name to "Trac Intermodal". According to Steve Rubin, President and CEO of TRAC Intermodal, the new name and identity reflect the evolution of the Company's market strategy in a very dynamic intermodal in Read More »

PAM Transportation Services announces award of US DOE Grant

AJOT | August 05, 2010 | Intermodal

PAM Transportation Services, Inc. (Nasdaq:PTSI) announced the award of a United States Department of Energy grant to help fund alternative fuel vehicles and alternative fuel infrastructure. The grant is a cost-share project for 27 Compressed Natural Gas ( Read More »

Genesee & Wyoming Q2 profit beats Street, ups 2010 view

AJOT | August 05, 2010 | Intermodal

Genesee & Wyoming Inc., which owns and operates short-line and regional railroads, posted better-than-expected quarterly results, helped by an increase in freight revenue, and raised its 2010 outlook.

For 2010, the company expects earnings fr Read More »

TRAC Intermodal announces TRAC Connect for motor carriers

AJOT | August 05, 2010 | Intermodal

TRAC Intermodal, formerly known as Seacastle Chassis, announces its new product, TRAC Connect designed to provide chassis rental, leasing and related services to the intermodal drayage community. TRAC Connect is a web-based marketplace for marine chassis Read More »

Old Dominion Director of Safety Compliance receives Annual Statewide Safety Award

AJOT | August 05, 2010 | Intermodal

The North Carolina Trucking Association (NCTA) presented Sam Faucette of Old Dominion Freight Line with its Safety Director of the Year Award on July 24 during the NCTA Annual Safety Conference in Myrtle Beach, S.C.

Faucette joined Old Domini Read More »

Cooperative agreement between XLA and NITL

AJOT | August 05, 2010 | Intermodal

The Express Delivery and Logistics Association (XLA) announced a cooperative agreement with the National Industrial Transportation League (NITL).

NITL, created in 1907, is the leading organization for the freight transportation industry repr Read More »

Old Dominion launching security divider service

AJOT | August 05, 2010 | Intermodal

Old Dominion Freight Line Inc. has launched a new security divider service that provides an additional layer of protection for customers shipping extra-sensitive cargo.

The new service provides guaranteed, locked-in security for special or un Read More »

Fleet sentiment buying index jumps 39% in Q3 2010

AJOT | August 05, 2010 | Intermodal

The Q3 2010 Fleet Sentiment Report (FSR) Equipment Buying Index as reported by CK Commercial Vehicle Research jumped from the previous quarter to 90.2, the best reading in two years. The FSR Buying Index is a simple measure of planned buying behavior of Read More »

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