MOL announces upgrade in CX1 service linking Panama, Manaus

AJOT | August 03, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced upgrade of its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route.

The move will provide additional space on this rapidly growing trade with four 1,700 TEU ships and Read More »

MOL & H’egh Autoliners create Euro Marine Logistics to handle
 European short sea…

AJOT | August 03, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. (Tokyo) and H'egh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV.

The new company, nam Read More »

WWL Americas enhances management team

AJOT | August 03, 2011 | Liner Shipping

Wallenius Wilhelmsen Logistics (WWL) has announced changes to its executive team:

John Felitto takes on the role of President and CEO of WWL Vehicle Services Americas. Felitto, who joined the company more than 10 years ago, has been operating in this Read More »

Patterson named a project director for UTC Overseas Project Division

AJOT | July 27, 2011 | Breakbulk & Projects

The Houston-based Project Division of UTC Overseas, Inc. announced the appointment of Brent Patterson as a Project Director with the firm. In that capacity he will oversee project development of industrial and global capital projects and services to Engi Read More »

Panamax ship scrapping to hit record in 2011-broker

AJOT | July 27, 2011 | Breakbulk & Projects

Scrapping of panamax dry bulk vessels is on course to hit an all-time high this year as the sector faces growing pressure from a record number of new ships entering the fleet, ship broker SSY said.

The outlook for dry bulk rates has been grim because Read More »

Panama Canal and GPA renew and strengthen alliance

AJOT | July 27, 2011 | Ports & Terminals

The Panama Canal Authority (ACP) and the Georgia Ports Authority (GPA), which owns and operates the Port of Savannah, renewed their ties today with the signing of a Memorandum of Understanding (MOU). The MOU, renewable for five years, was first signed in Read More »

Ports of Los Angeles & Long Beach announce clean air award winners

AJOT | July 27, 2011 | Ports & Terminals

The Ports of Los Angeles and Long Beach have selected seven local maritime and cargo companies as this year’s recipients of the Clean Air Action Plan Air Quality Awards, an honor presented to those taking extraordinary measures to cut air emissions, moder Read More »

Permanent concrete work begins at Panama Canal expansion

AJOT | July 27, 2011 | Ports & Terminals

In yet another major milestone for the Panama Canal Expansion Program, permanent concrete work for the Atlantic and Pacific new set of locks recently began – marking one of the most important phases of the construction.

Last March, the contractor, Gr Read More »

Gottwald cranes christened for Associated Terminals

AJOT | July 27, 2011 | Ports & Terminals

Associated Terminals is in the midst of another busy year for capital expenditures, taking delivery of two new floating cranes. In a slight departure from recent christenings, the company held two ceremonies on-site, the first at the Port of St. Bernard a Read More »

Pacer International raises FY profit outlook

AJOT | July 27, 2011 | Transport Intermediaries

Third-party logistics provider Pacer International posted market-beating quarterly results as cost controls boosted gross margins, and raised its full-year earnings outlook.

The company raised its full-year earnings forecast to $0.32-$0.37 a share fro Read More »

CH Robinson Q2 results lag estimates

AJOT | July 27, 2011 | Transport Intermediaries

C.H. Robinson Worldwide Inc , the biggest logistics provider in the United States, posted lower-than-expected quarterly results, hurt by higher expenses.

Second-quarter net income rose to $111 million, or 67 cents a share, from $97.2 million, or 59 ce Read More »

Hub Group Q2 results beats Street

AJOT | July 27, 2011 | Intermodal

Freight management company Hub Group Inc posted better-than-expected quarterly results as its intermodal segment drove sales growth.

For the April-June period, the company earned $14.4 million, or 39 cents a share, compared with $9.6 million, or 26 ce Read More »

Transportation Costing Group announces next generation product

AJOT | July 27, 2011 | Intermodal

Transportation Costing Group (TCG), the premier provider of Activity-Based Costing and Profitability Management solutions for truckload and less-than-truckload (LTL) motor carriers, today announced the availability of the next generation of its highly acc Read More »

Canadian Pacific Q2 profit falls on flooding woes

AJOT | July 27, 2011 | Intermodal

Canadian Pacific Railway reported a 23 percent fall in second-quarter profit as harsh weather and prolonged flooding hampered railroad operations.

Canada's second-biggest railroad said April-June profit fell to C$128 million ($135.7 million), or 75 Ca Read More »

Norfolk Southern Q2 profit beats estimates

AJOT | July 27, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp reported higher quarterly profit that beat Wall Street forecasts, with the coal and intermodal sectors leading a double-digit revenue increase.

Fuel costs and tight truck capacity have driven more shipments to the r Read More »

Emirates SkyCargo becomes first airline to use new Envirotainer

AJOT | July 27, 2011 | Air Cargo

Emirates SkyCargo has become the first airline to transport the new generation of containers which can heat and cool temperature-sensitive cargo. Two Envirotainer 'RAP e2' carrying pharmaceutical products were transported on a commercial flight from Hambu Read More »

Air France-KLM adds euro zone crisis to risk list

AJOT | July 27, 2011 | Air Cargo

Air France-KLM posted a 212 million euro ($308 million) net loss last quarter as fuel bills rose and it took a knife to plans to offer more seats next winter amid mounting fears over the euro zone debt crisis.

Europe's largest airline by revenue said Read More »

Bangkok Flight Services awarded IATA ISAGO Certificate

AJOT | July 27, 2011 | Air Cargo

Bangkok Flight Services (BFS), following the successful completion of its Corporate and Station audit in Bangkok, Thailand, has been awarded the International Air Transport Association (IATA) Safety Audit for Ground Operations (ISAGO). ISAGO is a standard Read More »

Purolator wins Third-Party Logistics Sustainability Award for its work with Echo Global Logistics

AJOT | July 27, 2011 | Air Cargo

Purolator, Canada's leading integrated freight and parcel solutions provider, is pleased to announce that it was recently awarded Logistics Quarterly's 2011 Third-Party Logistics (3PL) Sustainability Award for demonstrating leadership in sustainable suppl Read More »

Crowley names Michel VP of Safety & Learning

AJOT | July 27, 2011 | Liner Shipping

Crowley Maritime Corp. announced that Suz Michel has assumed the role of vice president of safety and learning, a position that gives her oversight for both the Safety, Security, Quality & Environmental (SSQE) and People Development & Learning (PDL) group Read More »