Fourteen freighters full of roses

AJOT | February 13, 2011 | Air Cargo

Roses, roses and still more roses: Lufthansa Cargo freighters currently flying in from South America and Africa are laden largely with long-stem flowers destined for punctual delivery to florists in Europe as love tokens on Valentine's Day on 14 February. Read More »

Southern Air appoints industry Crandall to Board of Directors

AJOT | February 13, 2011 | Air Cargo

Southern Air Holdings, Inc. today announced that Robert L. Crandall, former Chairman and Chief Executive Officer of AMR Corporation and American Airlines, has been appointed to the company's Board of Directors.

"Southern Air is one of the most experie Read More »

UPS Express Freight Service expands into Israel and Slovakia

AJOT | February 13, 2011 | Air Cargo

UPS announced the expansion of its UPS Express' Freight service into Israel and Slovakia to serve expanding hubs for high-tech, industrial and automotive companies. The UPS premium air freight service offers one- to three-business day door-to-door servic Read More »

US officials eye ways to increase airport security

AJOT | February 13, 2011 | Air Cargo

U.S. authorities are considering ways to tighten security in public areas at U.S. airports after a deadly attack in Moscow last month, John Pistole, the head of the U.S. Transportation Security Administration, said. Read More »

Containerships implements IAS EquipmentRepair

AJOT | February 13, 2011 | Liner Shipping

European carrier Containerships has adopted the EquipmentRepairTM system from IAS to manage its entire container maintenance and repair programme. The Helsinki-based carrier provides door-to-door services Read More »

IICL elects new chairman

AJOT | February 13, 2011 | Liner Shipping

The Institute of International Container Lessors' (IICL) President, Steven Blust, announces that Peter Younger, Chief Executive Officer and President of Cronos Ltd. has been elected to the position of Chairman of the IICL for 2011, succeeding Joseph Kwok Read More »

MOL expands refrigerated cargo staff assignments

AJOT | February 13, 2011 | Liner Shipping

MOL announced another step in its expanded commitment to refrigerated cargo service capabilities with the restructuring of its refrigerated sales and trade team. MOL's three US Sales Regions now have assigned sales managers whose primary focus will be de Read More »

MOL selected for Global 100 Most Sustainable Corporations

AJOT | February 13, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company was named one of the Global 100 Most Sustainable Corporations in the World by Corporate Knights Inc.(*) of Canada on January 29 at the World Economic Forum in Davos. The selection was a first for Read More »

Safmarine announces improved Far East ’ Indian Subcontinent coverage

AJOT | February 13, 2011 | Liner Shipping

Shipping line Safmarine has upgraded its existing Far East - Indian Subcontinent portfolio by introducing a new direct service, which will connect the Far East and main ports in West India and Pakistan. The service commences on 17 February 2011, with the Read More »

Safmarine offers new 225 service with direct calls in WAF and MED

AJOT | February 13, 2011 | Liner Shipping

Safmarine has enhanced its '225' fully-containerized service between South Africa and West Africa by connecting West Africa via Dakar and Algeciras. The new weekly service, with high reefer capacity, will operate six vessels of 1100 teu (nominal) with dir Read More »

Shipco expands service coverage from Asia to Istanbul

AJOT | February 13, 2011 | Liner Shipping

Shipco Transport, one of the world's leading neutral consolidators, has over recent months launched a number of new direct services from the Far East to Turkey. The services link several Asia key origins - Shanghai, Shenzhen, Qingdao and Busan to one of t Read More »

Shipping lines see steady TransPacific growth, relative supply/demand balance in 2011

AJOT | February 13, 2011 | Liner Shipping

Cargo demand will continue to improve during 2011 as the U.S. economy recovers, roughly in line with new vessel capacity entering the Asia-U.S. trade lane over that period. With a traditional third quarter peak season now considered likely, container line Read More »

Cleartrade gets Singapore approval to launch ship futures screen

AJOT | February 03, 2011 | Breakbulk & Projects

Cleartrade Exchange has received regulatory approval to launch a global trading platform for the $27 billion dry bulk freight derivatives market, its managing director.

The Monetary Authority of Singapore granted "regulatory approval in principle" to Read More »

PortVision appoints Perduto as Director of Transportation and Government Business Dev.

AJOT | February 03, 2011 | Ports & Terminals

PortVision®, a leading provider of business intelligence solutions for the maritime industry, announced the appointment of James Perduto as Director of Transportation and Government Business Development. Based in New York, James assumes responsibility fo Read More »

Dozens of vessels abandon Australia, rates drop on cyclone

AJOT | February 03, 2011 | Ports & Terminals

Dozens of dry bulk carriers have abandoned plans to pick-up coal, sugar and other cargo in Australia due to Cyclone Yasi and have rerouted to the Atlantic in hopes of new business, shipbrokers said.

Floods and cyclones in Queensland have severely disr Read More »

Egypt ports struggle to cope with labor shortages

AJOT | February 03, 2011 | Ports & Terminals

Egypt's ports are struggling to cope with staff shortages and tight fuel supplies and a growing backlog of ships is waiting to discharge as unrest continues to disrupt the economy, shipping sources said.

Opponents and supporters of President Hosni Mub Read More »

Essar Shipping Q3 net rises as port biz turns around

AJOT | February 03, 2011 | Ports & Terminals

India's Essar Shipping Ports & Logistics, the country's second largest private sector port operator, reported a 27 percent rise in Oct-Dec net profit, supported by its ports business that swung to profit.

Throughput at its ports during the quarter was Read More »

CN, Montreal Port Authority, Montreal Gateway Terminals, Termont Montreal reach agreements…

AJOT | February 03, 2011 | Intermodal

CN, the Montreal Port Authority (MPA) and the two companies that operate the port's three key container terminals announced today two level of service agreements (LSAs) that will drive a strong focus on supply chain efficiencies.

The two agreements - Read More »

Con-way sees prices for trucking improving

AJOT | February 03, 2011 | Intermodal

Con-way Inc said prices for trucking are rising as capacity tightens.

"Pricing is not on a declining trajectory; it's on an improving trajectory," Herb Schmidt, president of Con-way Truckload, said on an analyst call on Thursday. Read More »

Ryder operating profit rises, outlook strong

AJOT | February 03, 2011 | Intermodal

Trucking and logistics company Ryder System Inc reported higher-than-expected quarterly profit and forecast double-digit revenue growth this year, lifting its shares by 4 percent.

Fourth-quarter results benefited from stronger commercial rentals and u Read More »