Steel exports jump in January over December

AJOT | March 16, 2011 | International Trade

Steel exports increased 14.2 percent in January compared to December according to government data. 'Exports jumped in January, as shipments increased strongly to both NAFTA and our other trading partners in the Western Hemisphere. These data show strong Read More »

Japan’s feed grain imports to slow, limited rice need

AJOT | March 16, 2011 | International Trade

Japan's feed grain imports could slow to a trickle in coming months as quake-hit feed mills make importers wary of signing new deals, and limited damage to the domestic rice crop will likely cap imports of the foodgrain.

Japan will instead resort to m Read More »

US sees

AJOT | March 16, 2011 | International Trade

The Obama administration sees "a window of opportunity" to work with the Colombian government to address concerns about anti-union violence that have blocked approval of a bilateral free trade deal for more than four years, U.S. officials said.

"We be Read More »

Obama to refocus on Latin America amid Chinese push

AJOT | March 16, 2011 | International Trade

President Barack Obama travels to Latin America this week seeking to reassert economic leadership in a region Washington once dominated but where it now faces growing competition from China.

On his first trip south of the border in nearly two years, O Read More »

AirBridgeCargo proves its expertise in transporting live animal shipments

AJOT | March 16, 2011 | Air Cargo

AirBridgeCargo has once again demonstrated its expertise in the safe transportation of large quantities of livestock by flying 810 foxes to Beijing for breeding.

The blue, shadow and silver foxes were carried on a Boeing 747-200F charter flight from H Read More »

Airlines scramble to assist Japan exodus

AJOT | March 16, 2011 | Air Cargo

Airlines raced to clear Tokyo's airports of a backlog of passengers and help those wanting to leave as fears grew that quake-stricken Japan was losing control of a steadily growing nuclear crisis.

The disaster has transformed parts of Tokyo into a gho Read More »

Lufthansa invests in passenger and freighter fleet

AJOT | March 16, 2011 | Air Cargo

The Lufthansa Supervisory Board approved orders for 35 new aircraft at its meeting today. Thirty of the aircraft from the Airbus A320neo family are for the Passenger Business, the other five orders are for Boeing 777 freighters for the business segment Lo Read More »

Planemakers win as oil price fuels airline upgrades

AJOT | March 16, 2011 | Air Cargo

For planemakers, rising jet fuel costs are proving a boon as airlines are forced to splash scarce cash on fuel-efficient aircraft to offset oil prices.

Aircraft orders totalling $31 billion across three continents last week show how much airlines, man Read More »

Cargoitalia targets higher yields with extra Shanghai and Hong Kong flights

AJOT | March 16, 2011 | Air Cargo

From late March, Cargoitalia will operate four times weekly to Hong Kong - on Tuesday, Thursday, Friday and Saturday. The Tuesday and (new) Friday services will operate via Sharjah, while the Thursday and Saturday flights will continue to route via Dubai. Read More »

Committee approves extension of FAA programs & 2012 budget priorities

AJOT | March 16, 2011 | Air Cargo

The Transportation and Infrastructure Committee approved a short-term extension of Federal Aviation Administration programs, as well as its priorities for federal spending reductions and views and estimates on the budget for the next fiscal year.

The Read More »

Lufthansa Cargo transports artworks for Sino-German exhibition

AJOT | March 16, 2011 | Air Cargo

Lufthansa Cargo has transported 287 works of art from Germany to Beijing as a partner of the Sino-German exhibition 'The Art of the Enlightenment'. The exhibits from the National Museums in Berlin, the Dresden State Art Collections and the Bavarian State Read More »

Founding members sign basic principles for new global air cargo advisory group

AJOT | March 16, 2011 | Air Cargo

Air cargo security and e-commerce will be the priorities of the newly-formed Global Air Cargo Advisory Group (GACAG) after its four founding member associations finalized and signed the basic principles of the Group at the IATA World Cargo Symposium in Is Read More »

Larkin rejoins Crowley as VP, Sales and Customer Care

AJOT | March 16, 2011 | Liner Shipping

Frank Larkin has rejoined Crowley Maritime Corporation as vice president of sales and customer care for the company's liner services and logistics groups. He is domiciled in Jacksonville and reports to Steve Collar, senior vice president and general manag Read More »

Post-quake update on MOL-operated vessels

AJOT | March 16, 2011 | Liner Shipping

Bulker C.S. Victory safe after grounding during tsunami 
Mitsui O.S.K. Lines, Ltd. reported that all the crew have returned to the MOL-chartered bulker C.S. Victory, which was carried toward a breakwater by the tsunami and grounded in the shallow ha Read More »

Evergreen Line to launch JTS direct service from Japan to South China region

AJOT | March 16, 2011 | Liner Shipping

In a further expansion of its intra-Asia regional network, Evergreen Line is set to launch a weekly Japan-Taiwan-South China Sea (JTS) service from March 17. Read More »

Hamburg S’d expands North America West Coast service to include Hamburg

AJOT | March 16, 2011 | Liner Shipping

At the end of a one-month journey, the CAP PALMERSTON was the first ship in the expanded North America West Coast (WAMS) service operated by Hamburg S'd to reach the Port of Hamburg yesterday. The vessel was handled and cleared at the HHLA Container Termi Read More »

Carlyle, Tiger to invest $5 blllion in shipping

AJOT | March 14, 2011 | Breakbulk & Projects

Carlyle Group has formed a joint venture with maritime investment firm Tiger Group to buy more than $5 billion worth of vessels with a group of other investors to tap growing shipping demand in the region.

The joint venture will commence operations im Read More »

Oslo shippers up demand view post Japan quake

AJOT | March 14, 2011 | Breakbulk & Projects

Oslo-listed shipping firms expect demand for shipping services to rise following last week's devastating earthquake and tsunami in Japan, top executives said.

Frontline, the world's largest independent oil tanker firm, and dry bulk shipper Golden Ocea Read More »

Torm calls bottom of shipping cycle as losses deepen

AJOT | March 14, 2011 | Breakbulk & Projects

Danish shipping group Torm believes the shipping market had reached the bottom of a cycle as it reported deepening losses for 2010 and predicted a similar loss for this year.

Torm shares slid to stand 12.7 percent lower at 33.16 crowns at 1110 GMT, re Read More »

InterMax from Shanghai operate complex import of heavy steel structures

AJOT | March 14, 2011 | Breakbulk & Projects

InterMax Logistics Solution (ITM), a member of the Cargo Equipment Experts CEE network in Shanghai, recently signed a long term contract with a customer to handle their supply chain management to import spare parts as well as main sections/components to t Read More »