Premium Article  Magdenli handles heavy railway consigments in Turkey

AJOT | February 17, 2011 | Breakbulk & Projects

Magdenli Transport and Trade from Ankara, Turkey, a member of Cargo Equipment Expert CEE, made good use of its 200 ton capacity mobile crane and heavy duty multi axle trailers to arrange for shifting cargo and inland transport of heavy equipment, used by Read More »

New straddle carrier from Konecranes



AJOT | February 17, 2011 | Ports & Terminals

Terminal quayside container unloading operations need to be linked flexibly with yard stacking operations. The new Boxrunner straddle carrier from Konecranes is the flexible link between ship-to-shore cranes and automated yard cranes. Read More »

Ports of Indiana ships largest annual tonnage since 2006

AJOT | February 17, 2011 | Ports & Terminals

The Ports of Indiana handled more than 7.7 million tons of cargo at its three ports in 2010 – an increase of eight percent over the previous year. New cargoes and agricultural-related shipments helped propel the state port system to its largest annual ton Read More »

Klinge Corporation acquires Norfrig Equipment of Denmark

AJOT | February 17, 2011 | Ports & Terminals

Klinge Corporation announced today that it has completed its acquisition of Norfrig Equipment. Norfrig Equipment, headquartered in Kjellerup, Denmark, is a leading supplier of ultra low temperature refrigeration and thawing solutions.

Klinge Corporat Read More »

Port welcomes ICTSI to Portland

AJOT | February 17, 2011 | Ports & Terminals

ICTSI Oregon, Inc., a subsidiary of International Container Terminal Services, Inc., is the new operator of the Port’s deep draft container terminal. Saturday, Feb. 12 marked the official start of the Port’s 25-year lease with ICTSI, Inc. to manage Portla Read More »

Hutchison in $3 blllion financing for spin-off

AJOT | February 17, 2011 | Ports & Terminals

Hutchison Whampoa Ltd has launched a $3 billion financing facility for Hutchison Ports Holdings Trust (HPH Trust) in a move to leverage the port unit ahead of its Singapore listing, Basis Point reported.

The ports-to-telecom conglomerate, which aims t Read More »

CN Railway service level agreements bring shippers and terminal operators into shared network

AJOT | February 17, 2011 | Intermodal

Service Level Agreements that bring Canadian National Railway, container terminals, shippers and ports into a shared communications network are dramatically increasing the efficiency and transparency of the logistics chain up north. And, according to Paul Read More »

China rail boom under cloud after fall of minister

AJOT | February 17, 2011 | Intermodal

China's plans for a vast railway expansion could slow after the minister in charge came under disciplinary investigation and the official sent to sort out his ministry warned against corruption in project bids. Read More »

FTR Shippers Condition Index reflects tightening capacity

AJOT | February 17, 2011 | Intermodal

FTR Associates has lowered its Shippers Condition Index (SCI) to reflect tightening carrier capacity, particularly in the truckload sector. The February Issue of FTR's Shippers Update reported that the SCI in January stood at -8.8. The SCI sums up all mar Read More »

Ashburton likes developed markets, truck-makers

AJOT | February 17, 2011 | Intermodal

The Ashburton European equity fund is targeting growth plays in developed markets and companies that are in a position to benefit from rising inflation. Read More »

South Africa police fire rubber bullets at striking truckers

AJOT | February 17, 2011 | Intermodal

South African police fired rubber bullets at striking truck drivers after they stoned vehicles transporting goods in Johannesburg and pulled drivers out of their cabs.

Truckers, whose labor action started at the weekend, are threatening a strike they Read More »

CN says CAW union members ratify new collective agreements

AJOT | February 17, 2011 | Intermodal

CN announced that members of the Canadian Auto Workers union have ratified four-year collective agreements with the company and CNTL (a subsidiary of CN). Read More »

Bosnia rail strike ends, industry supplies resume

AJOT | February 17, 2011 | Intermodal

Railway workers in Bosnia's Serb region called off a strike that had disrupted shipments of raw materials to major industries across Bosnia for the second time in two months.

Cargo traffic in the Serb Republic was cut by around 70 percent after railwa Read More »

EU sued over secrecy in India trade talks

AJOT | February 17, 2011 | International Trade

Transparency campaigners sued the European Union's executive for withholding documents on trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.

The lawsuit, lodged with the EU's second-highest court, accuses Read More »

WTO urges Japan to reform, free trade

AJOT | February 17, 2011 | International Trade

Japan must liberalize its foreign trade as part of wide-ranging structural reforms to restore competitiveness and boost growth, the World Trade Organization said.

Looser macro-economic policies, albeit offset by the appreciation of the yen that reinfo Read More »

US senators set March 9th date for Latin America trade plan

AJOT | February 17, 2011 | International Trade

U.S. Trade Representative Ron Kirk faced pressure to come up with a plan to win approval for long-delayed free trade agreements with Panama and Colombia by the time he testifies before the Senate Finance Committee on March 9.

"We expect that you will Read More »

Abercrombie to boost spending, expand global reach

AJOT | February 17, 2011 | International Trade

Teen retailer Abercrombie & Fitch Co posted a bigger-than-expected quarterly profit as discounts boosted traffic, and said it plans to almost double its capital expenditures this year as it ramps up international expansion.

Abercrombie, once a high-fl Read More »

Peru to expand ambitious trade agenda

AJOT | February 17, 2011 | International Trade

Peru's ambitious agenda to diversify both the products it sells abroad and the market for its exports is taking it to India and Arab Gulf countries, Trade Minister Eduardo Ferreyros said.

Peru has finished trade negotiations with the European Union an Read More »

UK farmers seek national food plan as imports rise

AJOT | February 17, 2011 | International Trade

Britain needs a national food plan that makes production a strategic priority and curbs its increasing reliance on imports, Peter Kendall, president of the National Farmers Union said.

Kendall told the NFU's annual conference that global food prices w Read More »

Japan agonises whether to jump aboard free-trade train

AJOT | February 17, 2011 | International Trade

Everyone who is willing Japan to find the elixir to revive its listless economy and put off its day of reckoning with the bond markets should pencil June in their calendars.

That is when Prime Minister Naoto Kan, if he is still in office -- and it is Read More »