GPA selects Lynch as COO

AJOT | February 01, 2011 | Ports & Terminals

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that Griffith Lynch will assume the position of Chief Operating Officer effective mid-March 2011.

“Griff has an excellent record of achievement and advancement in his career Read More »

GPA posts 20% TEU increase for 2010

AJOT | February 01, 2011 | Ports & Terminals

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced the Port of Savannah experienced nearly 20-percent growth in twenty-foot equivalent units (TEUs) for calendar year 2010 with 2,826,308 TEUs, a record for the Authority. Read More »

GPA, SEDA & LEA sign joint resolution

AJOT | February 01, 2011 | Ports & Terminals

Leaders from the Georgia Ports Authority (GPA), Savannah Economic Development Authority (SEDA) and Lowcountry Economic Alliance (LEA) signed a joint resolution recognizing that maintaining strong port capacity and deepening both the Savannah and Charlesto Read More »

Schleicher named JAXPORT Executive Vice President

AJOT | February 01, 2011 | Ports & Terminals

The Jacksonville (FL) Port Authority Board of Directors and Chief Executive Officer Paul Anderson announced the promotion of Roy Schleicher to the position of Executive Vice President of the public seaport authority.

Schleicher previously served as Read More »

LaGrange touts container gains at the Port of New Orleans

AJOT | February 01, 2011 | Ports & Terminals

Port of New Orleans President and CEO Gary LaGrange announced container volumes at the Port rose 31 percent in 2010, compared to 2009.

LaGrange made the announcement during the Port’s monthly Board of Commissioners meeting. In 2010, the Napoleon Avenu Read More »

ICTSI Poland starts using MHC

AJOT | February 01, 2011 | Ports & Terminals

Baltic Container Terminal (BCT) in Poland recently handled its first heavy cargo using its new Liebherr LHM-400 mobile harbor crane (MHC) from sister company Tartous International Container Terminal (TICT) in Tartous, Syria. The MHC took only 30 minutes Read More »

Railinc successfully launches new DDCT System

AJOT | February 01, 2011 | Intermodal

Railinc Corp. announced that the new Damaged and Defective Car Tracking (DDCT) system was successfully launched and is now operational for rail carriers, freight car owners and freight car repair shops. Authorized users across the rail industry are now us Read More »

TRAC Intermodal’ launches TRAC Connect’ in the Midwest and Ohio Valley

AJOT | February 01, 2011 | Intermodal

TRAC Intermodal announced that it has launched TRAC Connect throughout the Midwest and Ohio Valley to supply motor carriers directly with chassis for the pickup and delivery of CMA CGM loads. TRAC Intermodal has been selected as the preferred chassis solu Read More »

FedEx Expands LTL Offerings

AJOT | February 01, 2011 | Intermodal

FedEx Freight Corp., a subsidiary of FedEx Corp. and a less-than-truckload (LTL) market leader, significantly enhances its service offerings, launching its new unified LTL network and offering customers the choice of two levels of service from a single co Read More »

IMS Rail Switzerland AG takes over rail-based container transport services between…

AJOT | February 01, 2011 | Intermodal

Basel-based IMS Rail Switzerland and its 20-strong workforce are to take over the former traffics of ICF West with Rotterdam from February 1, 2011 in a seamless unbroken transfer of responsibility. The logistics and the shipping industry will thus be ab Read More »

Norfolk Southern profits rise, sees stronger 2011

AJOT | February 01, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp said fourth-quarter net income rose 31 percent from a year ago and forecast stronger growth in 2011.

Winter storms hurt the company's network and boosted costs more than expected in December, but that volume has shi Read More »

JB Hunt posts higher quarterly profit

AJOT | February 01, 2011 | Intermodal

U.S. trucker J.B. Hunt Transport Services Inc posted a 39 percent jump in quarterly profit on strength in intermodal volumes.

JB Hunt's fourth-quarter net income was $57.9 million, or 46 cents a share, compared with $41.7 million, or 32 cents a share, Read More »

CSX sees gradual U.S. economic recovery continuing

AJOT | February 01, 2011 | Intermodal

The U.S. economy is on track for continued gradual recovery while international demand escalates, pointing to another year of robust shipments and core pricing gains for CSX Corp , the U.S. railroad company's chief executive said.

The company reported Read More »

New rail terminal to serve U.S. oilfields in Bakken

AJOT | February 01, 2011 | Intermodal

Savage Companies will build a rail terminal in North Dakota to help move crude oil from the prolific Bakken Shale to other regions, as railroads gain popularity as a mode of transport for U.S. oil supplies, the company.

The terminal, to be completed l Read More »

CP Railway tops profit forecast

AJOT | February 01, 2011 | Intermodal

Canadian Pacific Railway Ltd posted a better than expected 27 percent rise in quarterly profit on Wednesday and said it continued to see strong demand for all its rail services.

Net income at CP, Canada's second biggest railroad, rose to C$185.8 milli Read More »

Kansas City Southern sees 2011 gains, Mexico growth

AJOT | February 01, 2011 | Intermodal

U.S. railroad Kansas City Southern reported quarterly results that beat forecasts as commodity shipments rose, and said revenue should grow in the low double digits this year.

The company expects intermodal and vehicle shipments to boost its revenue, an Read More »

Gateway sees rail drive sales; to expand cold chain

AJOT | February 01, 2011 | Intermodal

Indian container logistics firm Gateway Distriparks expects its rail business to drive sales, though the high-margin container freight business will continue to be the biggest profit earner, senior officials said.

Gateway Distriparks operates across t Read More »

ATA truck tonnage index jumped 2.2% in December

AJOT | February 01, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.2 percent in December after falling a revised 0.6 percent in November. The latest improvement put the SA index at 111.6 (2000=100) in December, w Read More »

WTO report said to condemn Boeing subsidies

AJOT | February 01, 2011 | International Trade

Plane maker Boeing received unfair subsidies from the U.S. government, a World Trade Organization report said on Monday, according to Boeing's European rival Airbus.

The two companies disagreed over the extent of the subsidies outlined in the report, Read More »

ASEAN

AJOT | February 01, 2011 | International Trade

Southeast Asia's foreign ministers embarked on an unconventional land, sea and air trip to China to push ambitious plans to fully connect the region's frontier markets with Asia's biggest economic power.

The day-long trip from Thailand to China, organ Read More »