BNSF $2.45 billion capital commitment program

AJOT | January 31, 2008 | Intermodal

BNSF Railway Company (BNSF) announced its planned $2.45 billion capital commitment program for 2008. BNSF anticipates leasing 200 locomotives with a cost of about $400 million and investing over $200 million in track and facilities to expand capacity to c Read More »

Burlington Northern Santa Fe reports record 4Q

AJOT | January 31, 2008 | Intermodal

Burlington Northern Santa Fe Corporation (BNSF) reported quarterly earnings of $1.46 per diluted share, compared with fourth-quarter 2006 earnings of $1.42 per share. Read More »

Canadian Pacific grows in 2007

AJOT | January 31, 2008 | Intermodal

Canadian Pacific Railway Limited announced its fourth-quarter and full year results for 2007. In the fourth quarter, net income increased to $342 million in 2007 compared with $146 million in 2006 primarily due to lower future Canadian income tax rates. F Read More »

US steel imports plummet in December and 2007

AJOT | January 31, 2008 | International Trade

Imports declined again in December, to 1.98 million tons, based on preliminary reporting. 'Imports plummeted in December by 15% from November's low level and by 34.3% compared to December 2006,' reported David Phelps, president, AIIS. For the year the d Read More »

Port of Portland, OR approves property sale to FedEx

AJOT | January 27, 2008 | Breakbulk & Projects

With approval of a property sale by Portland Port Commissioners, FedEx Ground Package Systems, Inc. is one step closer to becoming the first company to secure a site in the new Troutdale Reynolds Industrial Park. The company has expressed interest in near Read More »

Long Beach container trade stays even in 2007

AJOT | January 27, 2008 | Breakbulk & Projects

A strong boom in exports, a slight dip in imports and a pronounced drop in empty container movement combined to keep container trade volumes at the Port of Long Beach even from 2006 to 2007, with 7.3 million twenty-foot equivalent container units (teus) a Read More »

Prince Rupert cargo traffic up 37% in 2007

AJOT | January 27, 2008 | Breakbulk & Projects

The Port of Prince Rupert continues its impressive annual growth in shipment volumes, surpassing 10 million tons in 2007 for the first time in a decade. The 2007 total volume cargo of 10.6 million tons is a 36.8% increase over 2006 and a 237% jump over 20 Read More »

National Commission on Surface Transportation plan to modernize, restructure

AJOT | January 27, 2008 | Intermodal

Calling for a "new beginning" to reform the nation's transportation programs, the bipartisan National Surface Transportation Policy and Revenue Study Commission unveiled a comprehensive plan to increase investment, expand services, repair infrastructure, Read More »

FMCSA asked to approve pilot ‘roadability’ data project

AJOT | January 27, 2008 | Intermodal

Six organizations with extensive transportation industry expertise are asking the Federal Motor Carrier Safety Administration (FMCSA) to approve a pilot program that would facilitate and expedite the implementation of the final 'roadability' rules upon th Read More »

Valley Transportation leases space at ITTC

AJOT | January 27, 2008 | Intermodal

The Allen Group, one of the nation's expert developers of rail and intermodal served logistics parks, announced that Valley Transportation has leased space at the International Trade and Transportation Center (ITTC) in Shafter, CA. Read More »

SAS Cargo opens in Vietnam

AJOT | January 27, 2008 | Air Cargo

SAS Cargo is now entering the Vietnamese air cargo market and has assigned general sales agent, Vector Aviation, to develop the Vietnamese market. This means shorter lead times for air cargo between Vietnam and Scandinavia. Read More »

FreightScan joins TIACA as Trustee

AJOT | January 27, 2008 | Air Cargo

FreightScan, LLC, a leader in the development and deployment of innovative technology solutions for the freight and logistics industry, has joined The International Air Cargo Association (TIACA), an international organization that works to overcome major Read More »

Emirates SkyCargo consolidates Indian operations

AJOT | January 27, 2008 | Air Cargo

After a successful year in 2007 that witnessed a series of launches and capacity building by the airline, Emirates SkyCargo is now gearing up to further tap into the huge potential of the Indian market. Read More »

AXS-Alphaliner publishes new series of studies on container trades

AJOT | January 27, 2008 | Liner Shipping

AXS-Alphaliner, the industry reference in liner shipping and a division of AXSMarine, announced the publication of the first of a new series of surveys on container trades, commenting and completing the dynamic information available in the AXS-Alphaliner Read More »

ACL calls Port of Hamburg for first time

AJOT | January 27, 2008 | Liner Shipping

This month the MV Atlantic Concert, one of the world's largest ConRo vessels, called at the Port of Hamburg for the very first time. To mark the occasion, in a formal ceremony Port Captain J'rg Pollmann and Hafen Hamburg Marketing Board member Dr. J'rgen Read More »

CMA CGM invests in the Port of Busan, South Korea

AJOT | January 27, 2008 | Liner Shipping

CMA CGM is pursuing its investment policy with the acquisition, on December 31st 2007, of a 12% stake in a future container terminal at the port of Busan, in South Korea. Read More »

NY/NJ Forwarders & Brokers Association selects Congressman King 2008 ‘Person of the Year’

AJOT | January 24, 2008 | Transport Intermediaries

Congressman Peter T. King, a Republican of New York serving his eighth term in the US House of Representatives, has been selected the 2008 Person of the Year by the New York/New Jersey Foreign Freight Forwarders and Brokers Association, Inc. The Person o Read More »

Dockwise Transport N.V. appoints Strijland COO

AJOT | January 23, 2008 | Breakbulk & Projects

Dockwise, Ltd. announced that its subsidiary Dockwise Transport N.V., one of the worlds leading integrated heavy marine transport companies, has appointed Mr. Rob Strijland as its Chief Operating Officer with effect as of March 1, 2008. Read More »

McClash re-elected chairman of Port Manatee

AJOT | January 23, 2008 | Breakbulk & Projects

Fellow members ratified and confirmed the election of Joe McClash as 2008 chairman of the Manatee County Port Authority. A 17-year member of the MCPA, McClash previously served as chairman in 2007 and 2003. He served as first vice chairman in 2000 and 2 Read More »

Port of Rotterdam exceeds 2007 expectations

AJOT | January 23, 2008 | Breakbulk & Projects

In 2007, the Port of Rotterdam was the first European port to break through the barrier of 400 million tons cargo throughput. 406 million tons were loaded and unloaded, 6.4% more than in 2006. Imports increased by 4% to 300 million tons, exports by almos Read More »