Tacoma posts flat 2007; investment will lead to significant growth

AJOT | January 23, 2008 | Breakbulk & Projects

After several years of record cargo performance, Port of Tacoma cargo volumes flattened in 2007 due, in part, to a softening US economy, a weakening national housing market and the rising cost of inland transportation. Read More »

CSX reports strong earnings growth in Q4

AJOT | January 23, 2008 | Intermodal

CSX Corporation reported fourth quarter 2007 net earnings of $365 million, or 86 cents per share, including a penny per share from insurance gains. In the fourth quarter of last year, the company reported earnings of $347 million, or 75 cents per share, i Read More »

Infrastructure investment important component of stimulus package

AJOT | January 23, 2008 | Intermodal

The following statement was offered by Edward Wytkind, President of the Transportation Trades Department, AFL-CIO: "There is no doubt working people are reeling as the U.S. economy continues to weaken. As the Administration and Congressional leaders take Read More »

NFTC welcomes new chairman John Mullen, CEO, DHL Express

AJOT | January 23, 2008 | International Trade

The National Foreign Trade Council (NFTC) announced the appointment of its new Chairman, John Mullen, Chief Executive Officer for the Express division of Deutsche Post World Net (DPWN), the parent company of DHL, effective January 22, 2008. Mullen oversee Read More »

The Port Of Boston Had Record Year For Cruise Passengers And Container Cargo

AJOT | January 22, 2008 | Breakbulk & Projects

The Massachusetts Port Authority (Massport) announced that the Port of Boston set records last year for container cargo shipments and cruise passengers at North America's oldest continuously active port. At Conley Container Terminal combined imports and e Read More »

Seattle Port Commission creates special investigatory committee

AJOT | January 22, 2008 | Breakbulk & Projects

The Port of Seattle Commission passed a motion today creating a special committee charged with investigating the Port's vulnerability to fraud as well as the contracting policies and procedures specifically called out in the recent performance audit repor Read More »

DP World handles over 43 million teus in 2007

AJOT | January 22, 2008 | Breakbulk & Projects

DUBAI-based global marine terminal operator DP World handled a total of over 43.3m TEU at 42 terminals worldwide last year, an increase of 18% on 2006. Read More »

Virginia’s ports account for 340,000 jobs, $41 billion in revenues

AJOT | January 22, 2008 | Breakbulk & Projects

The Port of Virginia's three general cargo marine terminals in fiscal 2006 accounted for more than 340,000 jobs across the Commonwealth and in excess of $41 billion in total revenues, says an economic impact study that was recently completed by the Mason Read More »

ZIM ATX service starting in March 2008

AJOT | January 22, 2008 | Liner Shipping

The new service, named ATX for "Atlantic Express", will replace the current ZIM NEX service and will be operated in a vessel sharing agreement with the member carriers of the Grand Alliance. Read More »

OOCL donates $40,000 to Long Beach Education Foundation

AJOT | January 22, 2008 | Liner Shipping

Orient Overseas Container Line (OOCL) has donated US$40,000 to the California-based Long Beach Education Foundation, the Long Beach Unified School District's fundraising arm. The money was designated for two outstanding schools: $20,000 for the Elizabeth Read More »

UASC takes delivery of 6,000-TEU ships from HHI

AJOT | January 22, 2008 | Liner Shipping

UNITED Arab Shipping Company (UASC) has taken delivery of the first vessel in a series of eight 6,919-TEU containerships being built by South Korean shipbuilders Hyundai Heavy Industries under a contract signed in 2005. Read More »

Anglo-Eastern Launches On-Line Recruitment Screening

AJOT | January 22, 2008 | Liner Shipping

Anglo-Eastern has launched a Web-based online test for its pre-recruitment screening process for deck and engine cadets. The company recruits around four hundred deck and engine cadets worldwide for the 200 plus ships it manages. 'Over 1500 applications a Read More »

Grand Alliance upgrades ATX service in cooperation with ZIM

AJOT | January 21, 2008 | Breakbulk & Projects

Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL) are upgrading a service on the North Europe - North USA Atlantic Trade, in cooperation with ZIM Integrated Shipping Services, Ltd. Read More »

CEVA names Aldridge Executive VP of new business unit ILS

AJOT | January 21, 2008 | Transport Intermediaries

CEVA Logistics, the 4th largest global supply chain provider, announced today the appointment of Bill Aldridge to the position of Executive Vice President for its newly created business unit, International Logistics Solutions (ILS). ILS provides end-to-en Read More »

CN and UTU announce tentative labor pact

AJOT | January 21, 2008 | Intermodal

CN and the United Transportation Union (UTU) announced a tentative labor agreement applying to approximately 600 UTU members working on CN's former Illinois Central (IC) and Chicago, Central & Pacific (CCP) properties in the Midwest and southern US. Read More »

Boeing, Gulf Air Close 787 Dreamliner Deal

AJOT | January 21, 2008 | Air Cargo

Boeing and Bahrain's national carrier Gulf Air today finalized negotiations for up to 24 Boeing 787 Dreamliners in a deal that could be worth approximately $3.9 billion at list prices if all options are exercised. The agreement is for 16 787s on direct or Read More »

VPA establishes presence in India

AJOT | January 20, 2008 | Breakbulk & Projects

Trade with India accounts for a consistently growing share of The Port of Virginia's business and because of that the Virginia Port Authority recently contracted with an experienced firm to represent the VPA in that country. Read More »

L.B./L.A. ports to consider cargo fee for transportation projects

AJOT | January 20, 2008 | Breakbulk & Projects

The Long Beach and Los Angeles Boards of Harbor Commissioners on Monday, January 14, 2008, in a joint meeting, will consider a cargo fee that would generate $1.4 billion for transportation projects to improve traffic flow and air quality in the harbor are Read More »

Corpus Christi issues RFQ to develop, operate La Quinta Trade Gateway Container Terminal

AJOT | January 20, 2008 | Breakbulk & Projects

Over a decade ago the Port of Corpus Christi foresaw the congestion problems now plaguing North America's traditional international gateways for containerized cargo and the negative impact it is having on the operations of ocean carriers that serve those Read More »

New advisory committees forming on transportation corridors

AJOT | January 20, 2008 | Intermodal

The Texas Transportation Commission is looking for interested citizens to form new advisory committees for the major transportation corridors, a move to give more Texans a seat at the table in developing statewide transportation corridors. Read More »