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Japan gov’t eyes speeding up FTA talks, US, EU deals

AJOT | May 13, 2007 | International Trade

Japan must speed up talks on planned free trade pacts and study new free trade arrangements with the United States and the European Union (EU) to keep up with the global economic trend, a government task force said. Read More »

China trade surplus forecast to surge 43% in 07

AJOT | May 13, 2007 | International Trade

China's trade surplus is expected to surge 43% from the end of last year to $254.03 billion in 2007, according to a forecast by the Chinese Academy of Sciences, Xinhua news agency reported. Read More »

House Democrats vow action on Asian currencies

AJOT | May 13, 2007 | International Trade

Senior Democrats in the US House of Representatives vowed to pass legislation aimed at protecting American jobs by pressuring China and Japan to raise the value of their currencies. Read More »

South Korea, EU kick off free trade negotiations

AJOT | May 13, 2007 | International Trade

South Korean and European Union negotiators opened talks for a free trade deal some studies say could boost their nearly $80 billion bilateral trade by as much as a quarter. Read More »

Etihad Crystal cargo’s maiden flight to Frankfurt-Hahn

AJOT | May 13, 2007 | Air Cargo

Etihad Crystal Cargo's maiden freighter flight from Abu Dhabi to Frankfurt-Hahn landed on time at 11:15pm (local time) May 3. Read More »

LAX & SFO losing ground in airfreight—is it a trend?

AJOT | May 13, 2007 | Air Cargo

Julian Keeling, CEO at Consolidators International, Inc. (CII), the big air cargo wholesaler, is very sensitive to trends in airfreight traffic to the South Pacific and Asia because much of his forwarding business moves to those markets from West Coast ga Read More »

AFA taps Goldberg for board of directors

AJOT | May 13, 2007 | Air Cargo

SEKO has announced that Steven Goldberg, the Company's COO, has been named to the Board of Directors of the Airforwarders Association (AFA), the industry voice for air cargo companies and their partners. Read More »

Intermarine expands Asian headquarters office in Shanghai

AJOT | May 13, 2007 | Liner Shipping

Intermarine is moving and expanding its Asian Headquarters office to better support its Far East, India and Arabian Gulf Service. Located in Shanghai's new Hong Yi Plaza, the office will control all aspects of the Asian service and will house a staff enga Read More »

US-Asia container lines to raise Panama Canal charges

AJOT | May 13, 2007 | Liner Shipping

Member shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have announced their intention to increase Panama Canal charges for the first time in more than two years, reflecting annual increases in Panama Canal transit fees, as well Read More »

Premium Article  OCEAN CARRIER REVIEW - Seaspan Corp.: Swimming with the big boys

Leo Quigley | May 06, 2007 | Liner Shipping

Seaspan Corporation’s early beginnings go back to the Vancouver, Canada, tug and barge group, Seaspan. Established in 1898, Seaspan’s red and white tugs are now a familiar part West Coast scenery, pulling log booms and barges between destinations as far n Read More »

Premium Article  OCEAN CARRIER REVIEW - North-south trade offering promise for ocean carriers

Paul Scott Abbott | May 06, 2007 | International Trade | Liner Shipping

While burgeoning East-West trade continues to draw the lion’s share of industry discussion, ocean carriers are by no means neglecting North-South routes. Read More »

Premium Article  OCEAN CARRIER REVIEW - Boxed-in in 2006

George Lauriat | May 06, 2007 | International Trade | Liner Shipping

By nature, containership operators work from one slump to the next. In the rare moments in between [slumps] when profitability drips green to their bottom lines, carriers make hay and prepare for the inevitable next slump. But even the market peaks are fr Read More »

Premium Article  OCEAN CARRIER REVIEW - Economies of scale and trade patterns shift ocean services

Karen Thuermer | May 06, 2007 | Liner Shipping

Increased fuel costs, shifts in global supply chain needs and larger vessels are resulting in steamship lines taking a close look at costs and ways to maximize equipment utilization. Read More »

MSC Chairman warns leaders of ‘monsters’ faced by industry

AJOT | May 06, 2007 | Breakbulk & Projects

The 'fierce monsters' faced today by the ocean shipping industry are far from mythical, according to Nicola Arena, chairman and chief executive officer of Mediterranean Shipping Co. (USA). Read More »

Commerce secretary urges support for free-trade, immigration efforts

AJOT | May 06, 2007 | Breakbulk & Projects

Speaking to more than 800 port leaders from around the globe at the International Association of Ports and Harbors' 25th biennial World Ports Conference, Gutierrez said such Bush Administration policies will help further tremendous growth for ports. Read More »

JAXPORT shows strong growth

AJOT | May 06, 2007 | Breakbulk & Projects

Operating revenues in fiscal year 2006 reached a record $38.5 million, JAXPORT's third consecutive year of record revenue and sixth consecutive year of revenue growth. JAXPORT cargo facilities reported their busiest year ever, handling a record 8.7 millio Read More »

Container move record set at JAXPORT’s Talleyrand terminal

AJOT | May 06, 2007 | Breakbulk & Projects

A container crew working a Mediterranean Shipping Company (MSC) vessel at the Jacksonville Port Authority's Talleyrand terminal set a JAXPORT record recently, accomplishing an average of 47.19 moves per hour. Read More »

REZ-1 introduces domestic reload program

AJOT | May 06, 2007 | Intermodal

As rising inland transportation costs continue to present a challenge for ocean carriers and other private asset owners, REZ-1 has developed a suite of business services including container visibility and distribution, automated rail billing, and line hau Read More »

RoadLink expands national presence

AJOT | May 06, 2007 | Intermodal

RoadLink USA, Inc. announced that it has expanded its national service platform and strengthened its presence in the Midwest by acquiring Chicago-based Unity Distribution Group and Ohio-based Reserve Transportation Services, both leaders in the intermodal Read More »

US: China, Russia remain lax on intellectual property rights

AJOT | May 06, 2007 | International Trade

In an annual report, US trade officials on Monday said China and Russia remain lax in their enforcement of intellectual-property rights. Read More »

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