Central Freight Lines founder inducted into Texas Transportation Hall of Honor

AJOT | August 11, 2011 | Intermodal

Central Freight Lines (CFL), a leading less-than-truckload (LTL) for-hire common carrier, has announced its founder, William Woody Callan, was inducted into the Texas Transportation Institute (TTI) Hall of Honor. Mr. Callan becomes the 33rd member of the Read More »

US firms plan rail expansion to profit from oil spread

AJOT | August 11, 2011 | Intermodal

Logistics firms are accelerating plans to build crude-by-rail terminals in the United States as shippers look to transport more oil on railroads to capture massive oil price spreads between the country's northern and southern regions.

Logistics firm M Read More »

EU challenges Canadian green power rules at WTO

AJOT | August 11, 2011 | International Trade

The European Union has launched a legal challenge against Canada at the World Trade Organization to protest against provincial rules for solar and wind energy subsidies, the bloc's executive said.

Following on the heels of a similar challenge by Japan Read More »

South.Korea trade minister sees exports holding up, fears protectionism

AJOT | August 11, 2011 | International Trade

South Korea's trade minister sees limited impact on the country's exports from a global slowdown caused by debt worries in Europe and the United States, though fears countries will resort to protectionism to protect their economies.

Kim Jong-hoon said Read More »

Li & Fung H1 profit falls on rising costs and weak U.S., Europe

AJOT | August 11, 2011 | International Trade

Li & Fung Ltd , the manager of supply chains for retailers including Wal-Mart Stores Inc and Target Corp , posted a 15 percent decline in its first-half net profit, as rising operating costs and flagging U.S. and European demand ate into margins.

It i Read More »

China may end anti-dumping tax on EU potato starch nxt yr

AJOT | August 11, 2011 | International Trade

China's anti-dumping tax on potato starch imported from the European Union (EU) may expire in February next year, China's Ministry of Commerce said. Read More »

China imposes duties on imported photo paper

AJOT | August 11, 2011 | International Trade

Companies from the European Union, the United States and Japan have been dumping photographic paper into China's market and will be forced to pay duties at Chinese Customs, China's commerce ministry said.

The initial ruling was the result of an invest Read More »

Zepol reports July vessel imports increase 2.45%

AJOT | August 11, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for July, measured in TEUs, increased 2.45% from June but decreased 4.10% from July of 2010. The total number of shipments also increased 3.49% from June w Read More »

Chinese authorities find 22 more fake Apple stores

AJOT | August 11, 2011 | International Trade

Authorities in China's southwestern city of Kunming have identified another 22 unauthorised Apple retailers weeks after a fake of the company's store in the city sparked an international storm.

China's Administration for Industry and Commerce in the Y Read More »

ASEAN seeks free trade bloc for resilience to global shock

AJOT | August 11, 2011 | International Trade

Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia's government said.

Indonesia's Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Read More »

Georgia says won’t be bullied into letting Russia into WTO

AJOT | August 11, 2011 | International Trade

Georgia can see the benefit of having Russia in the World Trade Organization but it feels under no pressure to let it in if the terms are not fair, the country's permanent representative in Geneva said.

Russia is the biggest economy outside the 153-me Read More »

US trade gap swells in June as demand wanes

AJOT | August 11, 2011 | International Trade

The U.S. trade gap widened in June to its largest since October 2008, as both U.S. imports and exports declined in a sign of slowing global demand, a government report showed.

The June trade deficit leapt to $53.1 billion, surprising analysts who expe Read More »

Management Dynamics releases new version of on-demand export compliance solution

AJOT | August 11, 2011 | International Trade

Management Dynamics, a leading provider of global trade management solutions, has announced the release of Export On-Demand 1.2, its export compliance solution for small and medium-sized exporters. The new release provides for enhanced compliance screenin Read More »

China costs start to worry US. multinationals

AJOT | August 11, 2011 | International Trade

For years, low prices on China-sourced goods helped dampen inflation in the United States. Now China's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals that manufacture goods there. Read More »

Virgin Atlantic Cargo reports 39% growth in 2010/2011 revenues

AJOT | August 11, 2011 | Air Cargo

Virgin Atlantic Cargo has announced revenues for the 2010/2011 financial year up 39% to '224.4 million.

Strong performance across its network saw tonnage carried on the Virgin Atlantic and V Australia networks climb to nearly 227,000 tons, a 17% incre Read More »

Klinge unveils new NMR-075 refrigeration unit for tricons

AJOT | August 11, 2011 | Air Cargo

Klinge Corporation unveiled their new refrigeration unit for Triple Containers, or tricons.

The tricon is configured so when three are adjoined, the footprint is that of a standard 20' ISO container.

This means ultimate versatility as the tricon Read More »

Emirates fleet 26% more efficient than IATA industry average

AJOT | August 11, 2011 | Air Cargo

The Emirates Group today announced the release of its first comprehensive environmental report, a study that revealed the airline's carbon dioxide emissions efficiency was 26% better than the global airline average.

Covering the 2010-2011 fiscal year, Read More »

Grupo Mexico again ups stake in airport operator

AJOT | August 11, 2011 | Air Cargo

Copper mining giant Grupo Mexico raised its stake in Mexican airport operator Grupo Aeroportuario del Pacifico (GAP) to nearly 30 percent, even as its takeover bid languishes in court battles.

Grupo Mexico, which runs mines in Mexico, Peru and the Uni Read More »

Virgin Atlantic sees tough year ahead

AJOT | August 11, 2011 | Air Cargo

British airline Virgin Atlantic said market conditions had become tougher in recent months due to higher fuel prices and weakening consumer confidence, with this week's London riots and U.S. market turmoil unlikely to help sentiment.

The airline, whos Read More »

WFS becomes largest cargo handler in Montreal after acquiring assets of Excel Cargo

AJOT | August 11, 2011 | Air Cargo

Worldwide Flight Services (WFS) has become the largest cargo handler in Montreal, Canada, by purchasing the assets of Excel Cargo at both Montreal's Dorval and Mirabel airports.

The combined operation of both airports, including the existing WF Read More »