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Continental Air profit bests Wall St estimates

AJOT | July 27, 2010 | Air Cargo

Continental Airlines, which is being bought by United Airlines, posted a second-quarter profit that handily beat Wall Street expectations, helped by higher fares and reduced capacity.

Continental posted net income of $233 million, or $1.46 pe Read More »

Singapore Air Q1 net profit beats forecast

AJOT | July 27, 2010 | Air Cargo

Singapore Airlines, the world's second-largest airline by market value, said a recovery in passenger and freight traffic should be sustained in the near term after posting better-than-expected first quarter profit.

Global airlines are recover Read More »

June brings increase in activity at Port Columbus, Rickenbacker

AJOT | July 27, 2010 | Air Cargo

Passenger activity at Port Columbus International Airport increased in June while cargo activity jumped 31 percent at Rickenbacker International Airport.

Statistics released by the Columbus Regional Airport Authority Board of Directors show t Read More »

Horizon Lines Q2 profit beats Wall Street

AJOT | July 27, 2010 | Liner Shipping

Container shipping company Horizon Lines Inc's quarterly profit handily beat analysts' estimates, helped by better results from its Alaska tradelane, terminal services and logistics. Read More »

CMA CGM Group takes delivery of CMA CGM Leo

AJOT | July 27, 2010 | Liner Shipping

The CMA CGM Group announced the delivery in South Korea of the CMA CGM LEO (11,400 TEU).

Built by Hyundai Heavy Industries shipyards, the CMA CGM LEO is the fifth of a series of 12 vessels of 11,400 TEU ordered by the CMA CGM Group and that w Read More »

French shipper eyes billionaire’s capital

AJOT | July 27, 2010 | Liner Shipping

The owners of shipping giant CMA CGM are in talks with Belgian billionaire Albert Frere to inject capital as part of its restructuring plan, Le Figaro newspaper reported.

The French daily said talks were still in the early stages, but the tra Read More »

Crowley transporting steel buildings to help Haitians

AJOT | July 27, 2010 | Liner Shipping

Crowley Maritime Corporation continues to work with relief and commercial organizations to provide goods and materials needed by Haiti residents in the aftermath of January's major earthquake. Most recently, Crowley began transporting emergency housing un Read More »

MOL Paramount makes its inaugural voyage

AJOT | July 27, 2010 | Liner Shipping

The MOL Paramount is currently the largest container vessel with weekly and direct service calling the Port of Halifax. The MOL Paramount made its inaugural voyage on July 21, 2010 to the South End Container Terminal, operated by Halterm Container Termina Read More »

Premium Article  Albacor Shipping USA in Mahwah , NJ

AJOT | July 25, 2010 | Breakbulk & Projects | International Trade | Liner Shipping

Albacor Shipping USA in Mahwah , NJ handled the transport of 2 Cold Boxes from the Port of Robinson , Canada to the final jobsite in Wloclawek / Poland Read More »

Premium Article  Project cargo outlook perking up in Canada

Leo Ryan | July 25, 2010 | Breakbulk & Projects | Energy | Alternative | Ports & Terminals

Although the project cargo sector in Canada was affected by industry-financing and other issues during the recessionary period in 2008 and 2009, there is growing evidence that a recovery phase is underway.

- Leo Ryan, AJOT Read More »

Premium Article  SOS Global Express

George Lauriat | July 25, 2010 | Transport Intermediaries

Whether a Super Bowl, a major Hollywood productions or newscasters following the President, it’s someone’s job to provide the logistics for the equipment. And chances are SOS Global is there.

Steve O’Connell, owner/founder of the New B Read More »

Premium Article  WCAPN annual conference highlights challenges in the project cargo arena

George Lauriat | July 25, 2010 | Breakbulk & Projects | Transport Intermediaries

The challenges in the project cargo marketplace are unique and provide a basis for industry wide camaraderie that stretches over many countries and regions. Because of the very special demands of project cargo, perhaps no sector in all of transportation l Read More »

Premium Article  Heavy lift/project cargo subject to same economic pressures as containerized freight

Karen Thuermer | July 25, 2010 | Breakbulk & Projects

While requirements for shipping heavy lift and project cargo may be world’s apart from the handling of containers, the way the shipping industry is shaping up these days seems to imply there is little difference.

- By Karen E. Thuermer, Read More »

Premium Article  North Carolina ports remain on tract for growth

Karen Thuermer | July 25, 2010 | Ports & Terminals

Typical of today’s economy, tonnage figures coming from the North Carolina State Ports Authority (NCSPA) show a mixed bag of both positive and negative news. On the positive end are figures for Fiscal Year 2010 ending June 30 that show container volumes, Read More »

Premium Article  Excell Home Fashions supply strategy plays well for Port of Wilmington

Karen Thuermer | July 25, 2010 | International Trade

North Carolina has long been associated with home furnishings. While much of the production moved offshore years ago, the Tar Heel state still is grand central for many of the imports coming from overseas.

Take Excell Home Fashions, for exam Read More »

Premium Article  Container handling down; container handlers up

Peter Buxbaum | July 25, 2010 | Ports & Terminals

Manufacturers improve products during down time

Not surprisingly, the global recession which depressed the numbers of containers being shipped in international trade, has also had a negative effect on the businesses of port equipment m Read More »

First phase of Napoleon Ave Container Terminal Stage ‘C’ approved by Board

AJOT | July 25, 2010 | Ports & Terminals

The Board of Commissioners of the Port of New Orleans last week approved a demolition contract to begin a project aimed at improving efficiencies and adding container storage space to the Napoleon Avenue Container Terminal.

The Board awarded Read More »

Transportation Consultants Inc. to expand at Port of New Orleans

AJOT | July 25, 2010 | Ports & Terminals

Gov. Bobby Jindal joined Transportation Consultants Inc., or TCI, Founder and CEO Jack Jensen, New Orleans Mayor Mitch Landrieu, Port of New Orleans President and CEO Gary LaGrange, and Entergy New Orleans President and CEO Charles Rice to announce TCI wi Read More »

Port of Halifax responds to end of Montreal labor lockout

AJOT | July 25, 2010 | Ports & Terminals

During the labour lockout at the Port of Montreal this week, the Port of Halifax handled five diverted containerized cargo vessels.

“The Port community and many members of the supply chain worked together quickly to accommodate additional car Read More »

Russian stevedore expands with an order for Kalmar RTGs and terminal tractors

AJOT | July 25, 2010 | Ports & Terminals

Cargotec has been awarded a contract from Baltic Stevedoring Company (BSC) for six Kalmar E-One2 rubber-tyred gantry (RTG) cranes and 10 Kalmar TR618i terminal tractors. The order for new equipment will improve the terminal operator's handling capacity at Read More »

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