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German exports post sharpest rise in nearly 18 yrs

AJOT | May 13, 2010 | International Trade

German exports surged at their fastest rate in nearly 18 years in March, surpassing even the most optimistic forecast as Europe's largest economy shifted up a gear after stumbling over an unusually cold winter.

Analysts said foreign demand wa Read More »

India will export sugar in 2010/11

AJOT | May 13, 2010 | International Trade

India will export sugar in 2010/11 and ship out more wheat in diplomatic deals, the farm minister said, signalling improving food supplies squeezed by last year's drought. Read More »

EU slaps interim duties on Chinese aluminium wheels

AJOT | May 13, 2010 | International Trade

The European Union has imposed provisional anti-dumping duties of up to 20.6 percent on imports of aluminium vehicle wheels from China after a complaint of unfair competition from European manufacturers. Read More »

EU seeks WTO consultation over China steel duties

AJOT | May 13, 2010 | International Trade

The European Commission has requested the mediation of the World Trade Organisation's dispute settlement body over China's decision to impose provisional anti-dumping duties on steel fasteners from the EU. The EU's executive said in a statement it conside Read More »

Obama committed to passing free-trade deals

AJOT | May 13, 2010 | International Trade

President Barack Obama is committed to finalizing free-trade agreements with Colombia and Panama but faces "political winds" and an uncertain outcome, U.S. Secretary of State Hillary Clinton said.

Speaking at a conference of leaders from the Read More »

India, Brazil challenge EU at WTO over drugs

AJOT | May 13, 2010 | International Trade

India and Brazil launched a trade dispute against the European Union and the Netherlands over the seizure of generic medicines in transit.

The move at the World Trade Organization ratchets up the pressure in a row pitting the intellectual pro Read More »

US labor decision would aid air, rail union efforts

AJOT | May 13, 2010 | Air Cargo

U.S. mediators authorized a landmark change in labor law effectively aimed at making it easier for unions to organize at airlines and railroads, a step expected to be challenged in court.

The National Mediation Board decision was widely expec Read More »

Emirates Group marks record profit increase in 2009-2010

AJOT | May 13, 2010 | Air Cargo

The Emirates Group has posted a record profit increase of 248 percent, an outstanding result in a year fraught with worldwide market instability and economic uncertainty. Read More »

Air France-KLM April traffic hit by ash crisis

AJOT | May 13, 2010 | Air Cargo

Air France-KLM lost nearly a quarter of its European passenger traffic in April due to airspace closures from the volcanic ash cloud, driving total traffic down 15.9percent, the airline said. Read More »

GAC Kuwait opens new office at Kuwait International Airport

AJOT | May 13, 2010 | Air Cargo

Leading shipping and logistics service provider GAC Kuwait today announces the opening of its latest branch at the cargo terminal of the Kuwait International Airport to enhance its services. Read More »

Cathay Pacific resumes developing HK cargo terminal

AJOT | May 13, 2010 | Air Cargo

Cathay Pacific Airways Ltd , Hong Kong's dominant air carrier, has resumed development of a HK$5.5 billion ($707 million) air cargo terminal in Hong Kong, the company's chairman said. Read More »

Third freighter for Cargoitalia

AJOT | May 13, 2010 | Air Cargo

Cargoitalia ' Italy's all-cargo airline ' will take delivery of its third MD11 freighter aircraft in June.
The latest aircraft ' registration EI-EMS ' is a new conversion leased from Boeing Capital, and being delivered by SASCO (ST Aviation Read More »

United/Continental gear up for labor integration

AJOT | May 13, 2010 | Air Cargo

If all goes according to plan, Continental Airlines and United Airlines will join together to form the world's biggest carrier in less than a year.

It could take much longer, however, before the merged operation fully integrates its 87,000 em Read More »

Cargojet Q1 profit down 72%; units slide

AJOT | May 13, 2010 | Air Cargo

Cargojet Income Fund's quarterly profit plunged 72 percent on higher costs, sending units of the air cargo service provider down as much as 15 percent. Read More »

American Airlines Cargo expands global network into Spain

AJOT | May 13, 2010 | Air Cargo

American Airlines Cargo Division (AA Cargo) announced new cargo service to Spain from New York's John F. Kennedy International Airport (JFK). Effective immediately, AA Cargo is offering daily nonstop 757 service to Madrid's Barajas International Airport ( Read More »

Maersk raises 2010 outlook after Q1 profit jumps

AJOT | May 13, 2010 | Liner Shipping

Shipping and oil group A.P. Moller-Maersk raised 2010 profit guidance after a forecast-beating first quarter driven by recovering freight rates and higher oil prices. Read More »

Premium Article  AJOT Partners with WWPC/CEE for new Heavy Cargo & Equip. Exhibition in Macao, March 2011

George Lauriat | May 09, 2010 | Transport Intermediaries

To support heavy cargo movers, carriers and equipment owners, AJOT is organizing the 1st exhibition focused on this important segment of transportation.


In association with the Worldwide Project Consortium (WWPC), a global network for proj Read More »

Premium Article  Cargo insurers looking for turnaround

Peter Buxbaum | May 09, 2010 | International Trade | Transport Intermediaries

Export growth may herald end to soft market, but risks abound.
The cargo insurance market has always been highly competitive. But the downturn in international trade volumes of the last few years has seen the market go unprecedentedly soft. Read More »

Premium Article  With President’s call for export, American companies face credit risk

AJOT | May 09, 2010 | International Trade

During his State-of-the-Nation address last January, President Obama called for American businesses to double exports within the next five years. He has repeated his export exhortation several times since. And for good reason.

To remain competitive, A Read More »

Premium Article  
Ash Cloud Continues to Wreak Havoc on European Shipments; Insurance Issues Loom

Karen Thuermer | May 09, 2010 | Air Cargo | International Trade

The bellowing ash from Iceland’ Eyjafjallajökull glacier and the chaos that subsequently happened to the airline industry is yet another stark reminder of how vulnerable the air cargo industry can be to external forces beyond its control. As if the fallou Read More »

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