Evergreen Group places orders with China Shipbuilding for ten environmentally advanced 8000-TEU ...

AJOT | May 26, 2011 | Liner Shipping

The Evergreen Group has ordered and signed a contract with China Shipbuilding Corp. (CSBC) for ten 8,000-TEU container vessels

The contract, signed by Bronson Hsieh, Evergreen Vice Group Chairman, and Tang Tay-Ping, CSBC Chairman, is for Evergreen's t Read More »

CMA CGM: new giant of the seas christened in Dunkirk

AJOT | May 26, 2011 | Liner Shipping

The CMA CGM Group, the world's third largest container shipping company and first in France, announce that the CMA CGM TITAN, an 11,400 teu* vessel, was christened at the Dunkirk Terminal in the presence of her godmother, Mrs Laurence Parisot, President o Read More »

Hamburg S’d and Maersk Line add second sling to their joint Asia ’ South Africa/South America…

AJOT | May 26, 2011 | Liner Shipping

After reducing their joint Asia ' South Africa/South America East Coast Service in the slack season to one sling, Hamburg S'd and Maersk Line will again be adding a second sling to their service concept with effect from July 2011. With this move, the serv Read More »

Torm keeps 2011 loss guidance after Q1 in the red

AJOT | May 19, 2011 | Breakbulk & Projects

Danish tanker and dry-bulk shipping company Torm swung to a first-quarter loss from a small profit a year earlier, hurt by weak freight rates, and stood by its earlier guidance for a full-year loss.

Torm posted a pretax loss of $44.9 million, compared Read More »

Baltex to launch in June

AJOT | May 19, 2011 | Breakbulk & Projects

The Baltic Exchange has announced that its Multilateral Trading Facility for dry freight derivatives, Baltex, is set to go live on June 8, 2011. The announcement was made following a discussion with the Freight Market Information Users' Group which met in Read More »

Ship breakers set for boom time in Bangladesh

AJOT | May 19, 2011 | Breakbulk & Projects

Abul Hossen is preparing for the arrival of dozens of ships that promise to carry his family and hundreds, if not thousands, of other Bangladeshis out of a life of poverty.

Instead of sailing to another country, however, the 45-year-old father of four Read More »

Penske Truck Leasing expands service offerings in Temecula, CA

AJOT | May 19, 2011 | Ports & Terminals

Penske Truck Leasing has opened a new 16,000-square-foot building in Temecula, Calif., at 42188 Winchester Road. Penske offers full-service truck leasing, consumer and commercial truck rental and contract maintenance services. Read More »

CSX sees double-digit EPS growth through 2015

AJOT | May 19, 2011 | Ports & Terminals

U.S. railroad operating CSX Corp said it is targeting double-digit growth in earnings per share and operating income through 2015, based on expected growth that outpaces the economy.

The company is targeting a compound annual earnings per share growth Read More »

Considerable growth for Port of Hamburg in 2011 first quarter

AJOT | May 19, 2011 | Ports & Terminals


In the first three months of 2011 the Port of Hamburg achieved above-average growth of 18.2 percent in container throughput and a 9.8 percent gain in total seaborne cargo throughput. Whereas the Western ports of Rotterdam and Antwerp reported incre Read More »

Port of New Orleans operations continue as usual

AJOT | May 19, 2011 | Ports & Terminals

Cargo and cruise operations are ongoing at the Port of New Orleans and have not been interrupted due to the high-River event. “It’s business as usual,” said Port President and CEO Gary LaGrange. “While we will continue to monitor the situation and remain Read More »

Corps green lights Charleston deepening

AJOT | May 19, 2011 | Ports & Terminals

The deepening of the Port of Charleston took a huge leap forward when the U.S. Army Corps of Engineers released its Work Plan for the rest of Fiscal Year 2011. The Corps included funds to kick-off the next phase of the Charleston Harbor post-45 foot deep Read More »

New England shippers get direct Southeast Asia route from the Port of Boston

AJOT | May 19, 2011 | Ports & Terminals

Southeast Asia is now just a ship away for New England importers and exporters the Massachusetts Port Authority has announced. A new Port of Boston service via the Suez Canal begins May 27th, and adds direct destinations never before offered from Conley C Read More »

South Carolina port volume up for year

AJOT | May 19, 2011 | Ports & Terminals

While the pace of global recovery is cooling, shipping activity through South Carolina’s ports remains up through the current fiscal year.

At its regular monthly board meeting today, the South Carolina Ports Authority today reported that container vol Read More »

MPA hosts seminar on new container business opportunites following 50-foot berth constuction at…

AJOT | May 19, 2011 | Ports & Terminals

The Maryland Port Administration (MPA), along with Ports America Chesapeake and CSX, hosted an afternoon seminar in Baltimore on May 18th on the new container business opportunities that are expected to occur at the Port of Baltimore following the comp Read More »

Port of Tacoma’s container volumes grow for seventh straight month

AJOT | May 19, 2011 | Ports & Terminals

The Port of Tacoma’s container volumes continued to improve in April, marking their seventh straight month of year-over-year growth. Year-to-date, the Port’s container volumes are up over 5 percent.

Here are some of the Port’s year-to-date container h Read More »

TomTom sees fleet management services growth

AJOT | May 19, 2011 | Intermodal

TomTom, which provides fleet management systems to trucking firms, expects smaller rivals to go out of business in the fragmented sector in the next three to five years, an executive said.

TomTom, the Dutch company better-known for personal navigation Read More »

Road Team Captain touts trucking, transportation careers in White House visit

AJOT | May 19, 2011 | Intermodal

Ralph Garcia, a professional truck driver with ABF Freight System Inc. and a member of America's Road Team, told Obama administration officials about the rewards, and challenges, of a career in trucking during a White House forum as part of National Trans Read More »

CSX commits additional $160 million to National Gateway

AJOT | May 19, 2011 | Intermodal

CSX announced that it will invest $160 million over the next several years to complete one of the most important transportation projects in the country ' the National Gateway. This project will deliver substantial public benefits, including thousands of j Read More »

US senators urge strong Asia-Pacific trade rules

AJOT | May 19, 2011 | International Trade

U.S. trade officials faced Senate pressure to get tough on intellectual property theft in the Asia Pacific region and ensure a proposed regional free trade agreement puts restrictions on state-owned enterprises grabbing a bigger share of world trade.

Read More »

Colombia tackles union attacks for U.S. trade pact

AJOT | May 19, 2011 | International Trade

As a leader in a union of health care workers, Ligia Galeano knows firsthand how dangerous it is to organize workers in Colombia. First hitmen killed her union activist sister in 2000, then they came for her.

Scary phone calls warned her she "smelled Read More »