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Celadon Group reports second quarter results

AJOT | February 04, 2007 | Intermodal

For the quarter, revenue increased 2.2% to $122.9 million in the 2006 quarter from $120.3 million in the 2005 quarter. Freight revenue, which excludes fuel surcharges, was up 4.5% to $107.5 million in the 2006 quarter from $102.9 million in the 2005 quart Read More »

Railinc completes SAS 70 Type II examination

AJOT | February 04, 2007 | Intermodal

For the third consecutive year Railinc successfully completed a Statement on Auditing Standards (SAS) 70 Type II examination. More stringent than a Type I examination, the Type II exam includes detailed testing of Railinc internal controls to demonstrate Read More »

SMC’ General Rate Committee approves increase

AJOT | February 04, 2007 | Intermodal

SMC' announced that its General Rate Committee (GRC) has approved an overall rate increase of 3.5%, to become effective on April 2. Read More »

Germany begins EU Presidency; aims to revive constitution

AJOT | February 04, 2007 | International Trade

On Jan. 1 Germany took over the rotating presidency of the European Union, embarking on a six-month drive to revive the expanded bloc's stricken constitution and strengthen its ties to energy-rich Russia and Central Asia. Read More »

Canada manufacturers upbeat on sales, woes remain

AJOT | February 04, 2007 | International Trade

Canadian manufacturers see sales rising in the first quarter of this year and fewer impediments to production, but their overall outlook remains largely negative, a Statistics Canada survey showed. Read More »

Germans want better treatment for EU firms in China

AJOT | February 04, 2007 | International Trade

Germany will use its presidency of the European Union in the first half of this year to push for an end to discrimination against European companies in China, the German ambassador in Beijing said. Read More »

Openness can help China on trade

AJOT | February 04, 2007 | International Trade

The United States is willing to make it easier for China to import items on a US export control list if Beijing is more open about their use, a US trade official said. Read More »

IATA reports steady, more profitable growth in 2006

AJOT | February 04, 2007 | Air Cargo

The International Air Transport Association (IATA) released full-year traffic results for 2006 showing slower but more profitable growth. Global passenger growth slowed from the 7.6% recorded in 2005 to 5.9% in 2006. While the cargo growth rate increased Read More »

Emirates launches first-ever non-stop Mideast-S. America flight

AJOT | February 04, 2007 | Air Cargo

Emirates, the fast-expanding international airline, announced it would make its South American debut on October 1, 2007 with six-a-week, non-stop services to Sao Paulo, Brazil. Read More »

American Airlines Cargo decreases fuel surcharge

AJOT | February 04, 2007 | Air Cargo

American Airlines Cargo division announced a decrease in its fuel surcharge from $0.50/kg to $0.45/kg for most US-origin international shipments, and from $0.20/lb to $0.18/lb for US domestic shipments, effective Feb. 8, 2007. The fuel surcharge fee will Read More »

Intermarine’s President & CEO passes

AJOT | February 04, 2007 | Liner Shipping

Roger Kavanagh, President and CEO of Intermarine, recently passed away at his home in Metairie, Louisiana after a lengthy battle with cancer. He was 54 and is survived by his wife, Danielle, his sons, Zackary and Dylan, and his daughter, Sophie. Read More »

Zim upgrades AGX container service to/from Tampa

AJOT | February 04, 2007 | Liner Shipping

ZIM Integrated Shipping Services will contribute an additional vessel to the Asia-Gulf Express Service (AGX) which calls at the Port of Tampa. This will bring the total to ten ships of 3,000 teu capacity in the AGX, which was also recently enhanced with t Read More »

H’egh and A.P. Moller-Maersk enter PCTC cooperation

AJOT | February 04, 2007 | Liner Shipping

H'egh Autoliners and A.P. Moller ' Maersk, through its subsidiary Maersk Shipping Singapore, have agreed that effective from February 1, 2007, they have entered into cooperation with their respective fleets of car carriers. Read More »

Premium Article  PROJECT CARGO HEAVY LIFT 2007 - CMA CGM introduces SpeedMatch program

AJOT | January 28, 2007 | Breakbulk & Projects | International Trade | Liner Shipping | Transport Intermediaries

CMA CGM is working with REZ-1, the leading software provider for intermodal container management, to facilitate the re-loading of equipment into domestic shipments. REZ-1 is known throughout the domestic community for their reservation platform, and most Read More »

Premium Article  PROJECT CARGO HEAVY LIFT 2007 - Corpus Christi port moves Siemens wind energy units

Paul Scott Abbott | January 28, 2007 | Breakbulk & Projects | International Trade | Ports & Terminals

Global giant Siemens has moved 32 complete wind energy units through the Texas Gulf port since November and will transport many more such components through Corpus Christi as renewable energy endeavors continue to advance in the Lone Star State. Read More »

Premium Article  PROJECT CARGO HEAVY LIFT 2007 - Wind turbines breeze trough Baltimore

Peter Buxbaum | January 28, 2007 | Breakbulk & Projects | Energy

The easy part came last July. That’s when Suzlon Wind Energy Corporation, a US subsidiary of Suzlon Energy Limited, the world’s fifth largest wind turbine manufacturer based in Pune, India, contracted with Edison Mission Group, the fifth largest wind proj Read More »

Premium Article  PROJECT CARGO HEAVY LIFT 2007 - Heavy lift carriers excel in niche markets

Karen Thuermer | January 28, 2007 | Breakbulk & Projects

The Russians are coming on strong in the air freight market with their heavy lift aircraft ready to transport what may seem to many, the unmovable. Polet Airlines and Volga-Dnepr know the business: heavy lift, over sized and project cargoes. To these carr Read More »

Premium Article  PROJECT CARGO HEAVY LIFT 2007 - Oversized cargo to grow in ‘07

AJOT | January 28, 2007 | Breakbulk & Projects

Shipments of oversized or project cargo are expected to grow more than 15% in dollar volume in 2007, reaching the $2 billion mark for the first time in ocean shipping. Strong international requirements for the transportation of massive machinery and equip Read More »

Virginia, CSAV agree on multi-year deal

AJOT | January 28, 2007 | Breakbulk & Projects

Virginia International Terminals, Inc. (VIT), the private operating company of the Virginia Port Authority (VPA), announced today that it has signed a five-year contract with Chilean shipper CSAV (Compania Sudamericana de Vapores). Included in the contrac Read More »

China opportunities fueling world project cargo market

AJOT | January 28, 2007 | Transport Intermediaries

Led by an upturn in Chinese imports and exports, the world's largest dedicated project forwarding company is keeping plenty busy despite a slight decline in the overall global project cargo market. Read More »

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