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Norfolk Southern Q1 profit tops expectations

AJOT | April 29, 2010 | Intermodal

Norfolk Southern Corp reported a stronger-than-expected quarterly profit as the rebounding U.S. economy sent volumes up across all freight categories. Read More »

RailAmerica sees $550-600 mlllion in revenue by the end of 2011

AJOT | April 29, 2010 | Intermodal

Short-line railroad operator RailAmerica Inc expects revenue to grow to $550 million to $600 million by the end of 2011, its top executive said. Read More »

Safety programs must focus on risky behaviors and crash causes, ATA tells Senate

AJOT | April 29, 2010 | Intermodal

The trucking industry has made great strides to improve safety and is now the safest it has ever been, but 'we can do more,' the American Trucking Associations (ATA) today told a subcommittee of the Senate Committee on Commerce, Science and Transportation Read More »

China buys US corn

AJOT | April 29, 2010 | International Trade

China purchased 115,000 tons of U.S. corn, its first significant purchase in nearly four years, ending weeks of rumors that the country was seeking foreign supplies to tamp down rising domestic prices. Read More »

Japan eyes new strategy for infrastructure exports

AJOT | April 29, 2010 | International Trade

Japan's government is pushing for a new strategy to win more overseas infrastructure projects, as it feels threatened by growing global competition and needs help from external demand to boost growth in the world's No.2 economy.

Japan Inc. ho Read More »

US agrees to intensify talks on Russia’s WTO bid

AJOT | April 29, 2010 | International Trade

The United States and Russia have agreed to intensify talks on Moscow's nearly 17-year-old bid to join the World Trade Organization, a U.S. trade official said.

"The participants reviewed the action plan that Russian, U.S. and EU negotiators Read More »

Vietnam’s coffee exports may face delays

AJOT | April 29, 2010 | International Trade

Vietnamese exporters may have to delay coffee loading in the coming months, as supply of beans in the domestic market has been hurt with farmers holding back sales due to a stockpiling plan and falling prices, a senior industry official said. Read More »

Emirates quick to establish new trade channel with Amsterdam

AJOT | April 29, 2010 | Air Cargo

Leather, silk, garments, tools, flowers, fruit, fish, plants and telecoms equipment to be loaded aboard Emirates' first passenger flight to Amsterdam are a sure sign that a new trading channel has been born.

As well as the usual United Nation Read More »

Air traffic recovery accelerates in March

AJOT | April 29, 2010 | Air Cargo

Demand for both international air travel and air freight accelerated in March with the rebound on the back of economic recovery exceeding expectations, the airline industry body IATA said. Read More »

Airline mergers slow process says US Air CEO

AJOT | April 29, 2010 | Air Cargo

A merger of United Airlines parent UAL Corp and Continental Airlines would not necessarily spark a wave of consolidation as some in the industry expect, the chief executive of US Airways Group said.

Speaking on the sidelines of a US Airways m Read More »

UAL, US Airways losses shrink on better demand

AJOT | April 29, 2010 | Air Cargo

Higher fares helped United Airlines and US Airways Group Inc narrow their first-quarter losses and top Wall Street estimates, signaling the continuation of a recovery for the U.S. airline industry. Read More »

White whales join the list of ABC live animal shipments

AJOT | April 29, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC) has added white whales to its long list of successful live animal shipments.

The airline carried two of the animals, weighing a combined 5,500 kilos, from Moscow to Beijing on board one of its six times weekly Bo Read More »

Lufthansa CEO says aiming for 2010 dividend

AJOT | April 29, 2010 | Air Cargo

Deutsche Lufthansa told its shareholders it should be able to resume dividends this year due to planned cost cuts and said demand for its flights and cargo services was improving. Read More »

Singapore airport March passenger, cargo traffic up 19%

AJOT | April 29, 2010 | Air Cargo

Singapore's Changi Airport, Asia's fifth largest, saw an 18.8 percent rise in air freight movements by tonnage in March from a year ago, indicating strong demand for goods, data showed. Read More »

China COSCO returns to profit in Q1 on higher rates

AJOT | April 29, 2010 | Liner Shipping

China COSCO Holdings, flagship of the country's premier shipping conglomerate, returned to profit in the first quarter of 2010, buoyed by an improving shipping industry as the global economy recovers.

China COSCO, which operates the world's l Read More »

CMA CGM develops its activity in Iraq

AJOT | April 29, 2010 | Liner Shipping

The CMA CGM Group announced the opening on April 30th of its newly renovated deep water quay in Umm Qasr port. This quay is dedicated exclusively to CMA CGM vessels and equipped with the most modern cargo-handling facilities thus allowing CMA CGM a comple Read More »

Limited Brands honors MOL with service provider of the year award

AJOT | April 29, 2010 | Liner Shipping

Limited Brands Logistics Services, the transportation arm of specialty retailer, Limited Brands, has named MOL its 2009 'Ocean Carrier Service Provider of the Year.' Read More »

UASC resumes second scheduled service from Hamburg to the Far East

AJOT | April 29, 2010 | Liner Shipping

The container shipping line United Arab Shipping Company (UASC), based in Kuwait, has reinstated its second Europe'Far East service. The first arrival of the AEC-1 scheduled liner service at the Port of Hamburg took place on 27 April 2010 with the docking Read More »

Premium Article  GAC named best ship agent at Seatrade Asia Awards 2010

AJOT | April 26, 2010 | Transport Intermediaries

GAC announced that it has won the prestigious "Best Ship Agent' title for the second time at the Seatrade Asia Awards presented in a ceremony at Singapore's Shangri La Hotel.

The annual event, now in its third year, presents 17 Awards to comp Read More »

DP World Q1 container volumes rise, sees better 2010

AJOT | April 26, 2010 | Ports & Terminals

Ports operator DP World , a unit of debt-laden conglomerate Dubai World, reported a rise in first-quarter container volumes and forecast improved earnings this year partly on cost cuts. Read More »

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