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Atlas Air says cargo demand rising

AJOT | April 11, 2010 | Air Cargo

Cargo carrier Atlas Air Worldwide Holdings said the global air freight market was continuing to recover, aided by an improving economy.

"What we're seeing is pretty strong consistent demand improvement," Atlas Chief Executive William Flynn to Read More »

BA seals long-awaited Iberia deal

AJOT | April 11, 2010 | Air Cargo

British Airways and Spain's Iberia signed an $8 billion merger to create the world's third-largest airline, bringing a three-way tie-up with American Airlines a step closer.

The deal between BA and Iberia, which the pair hope to complete by D Read More »

AirBridgeCargo wins ‘Wings of Russia’ national award

AJOT | April 11, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC) has won the top 'Cargo Carrier of the Year on International and Domestic Routes' award for the second consecutive year at the annual Wings of Russia National Award Ceremony held in Moscow.

Volga-Dnepr Airlines al Read More »

Air France-KLM March traffic rises

AJOT | April 11, 2010 | Air Cargo

Cargo, which closely tracks trends in the economy, saw a 2.1 percent rise in traffic on 11.8 percent lower capacity.

The load factor -- or proportion of available space sold in passenger jet cargo holds and dedicated freighters -- rose by 9.9 Read More »

TIACA calls for review of proposed new laws on carriage of lithium batteries by air cargo

AJOT | April 11, 2010 | Air Cargo

TIACA is calling for modifications to changes proposed by the US government to the way lithium batteries are carried onboard aircraft, warning it will have a significant impact on not only the air cargo sector but also manufacturers, retailers and consume Read More »

UAL pilots attack US Airways merger prospect

AJOT | April 11, 2010 | Air Cargo

United Airlines' pilots union lashed out against efforts to merge the airline with US Airways Group , underscoring the challenges facing decade-old attempts to unite the carriers.

Tough antitrust enforcement could also pose another stumbling Read More »

AirBridgeCargo adds 5th Boeing 747-400F

AJOT | April 11, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC), the scheduled cargo subsidiary of Volga-Dnepr Group and Russia's largest international cargo carrier, has added a fifth Boeing 747-400 Freighter to its fleet.

This latest investment increases the airline's total Read More »

Cargo expension at Budapest

AJOT | April 11, 2010 | Air Cargo

After around two and a half years of negotiation, the Regulation Plan was finally approved, opening the door for major development of the cargo facilities at Budapest Airport. The plan, in fact, constitutes the approval of the surrounding community, to al Read More »

Volga-Dnepr plays key role in Haiti relief program

AJOT | April 11, 2010 | Air Cargo

Volga-Dnepr Airlines has completed 42 humanitarian aid flights to Haiti as foreign governments continue to pour help into the country to support victims of the devastating earthquake that hit the capital Port-au-Prince and nearby areas in January.
Read More »

MOL completes concept for series of new generation vessels

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the completion of the concept for its third in a series of next-generation vessels, which will be technically practical in the near future. The latest concept is for an environment-friendly, large-scale iron ore carrier Read More »

Diana Shipping announces completion of investment in new containership project

AJOT | April 11, 2010 | Liner Shipping

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has completed its investment of US$50 million in the previously announced new project involving a company formed for the purpose of in Read More »

MOL technology research center starts operation

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the completion of its new technology research center in the Kurigi District(*1) of Kawasaki Micom City. Read More »

MOL announces launch of new Asia-USEC Service

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced a new all-water service to expedite cargo moving from major Asian ports to key destinations on the U.S. East Coast, via the Suez Canal. 
From May 15, the 'SVE' (South China/Vietnam ' the US East Coast) service wil Read More »

Evergreen realigns its sailings in the U.S. West Coast, Asia and Mediterranean trades

AJOT | April 11, 2010 | Liner Shipping

Evergreen Line will enhance coverage of the U.S. West Coast-Asia-Mediterranean trade routes by reintroducing a 20-port pendulum service for the region that will range from Tacoma to Valencia, Spain, via the Far East, Middle East and Suez Canal. Read More »

MOL starts safety campaign

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the launch of the semiannual Safety Campaign aboard all of its operated vessels and those of its group companies. Read More »

Kazakhstan to triple Iran grain shipments

AJOT | April 01, 2010 | Breakbulk & Projects

Kazakhstan, Central Asia's largest grain producer, plans to increase shipments through Iran by launching a terminal in an Iranian port and building a new railway link, a senior Kazakh official said. Read More »

CP Rail, Teck reach coal shipment deal

AJOT | April 01, 2010 | Breakbulk & Projects

Canadian Pacific Railway Ltd said it has reached a one-year agreement with miner Teck Resources to transport metallurgical coal from its mines in southeastern British Columbia to Pacific Coast ports.

CP Rail, Canada's second-largest rail comp Read More »

Key figure of U.S. chemical demand climbs

AJOT | April 01, 2010 | Breakbulk & Projects

Chemical shipments on U.S. railroads rose 14.1 percent last week, the Association of American Railroads said.

Chemicals shipments on trains, called rail-car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

Saudi phosphate railway seen complete by end of year

AJOT | April 01, 2010 | Breakbulk & Projects

A railway to transport phosphate and bauxite ore that would serve a project Saudi Arabian Mining Co is developing is expected to be in operation by the end of this year, state news agency SPA said.

The mineral line would link the phosphate mi Read More »

Rail woes cap Russia’s northern oil product exports

AJOT | April 01, 2010 | Breakbulk & Projects

Refined oil product export ports in northwest Russia are unable to use a third of their capacity due to rail bottlenecks and bureaucracy, forcing shippers to channel rising output via the Baltic states.

Port sources said oil product exports v Read More »

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