India FY10 exports fall; targets 15% export growth

AJOT | May 09, 2010 | International Trade

India's exports dropped 4.7 percent in the fiscal year 2009/10 as the global slowdown sapped demand, but Asia's third-largest economy is targeting close to 15 percent export growth this year, officials said. Read More »

Budapest Airport welcomes Cargolux’s 5TH weekly flight

AJOT | May 09, 2010 | Air Cargo

Following eight years of successful operations at Budapest, Cargolux the Luxembourg based all cargo carrier, has added a fifth weekly 747-400F flight from Hong Kong. Cargolux is the only cargo carrier offering direct services out of Asia, which is greatly Read More »

Express faces risks as TNT Q1 beats forecasts

AJOT | May 09, 2010 | Air Cargo

Dutch mail and logistics group TNT said the recovery of its express business, a target of buyout speculation, still faced risks as it beat forecasts with a 54 percent rise in first-quarter operating profit.

TNT, Europe's second largest mail a Read More »

UAL, Continental to form largest airline

AJOT | May 09, 2010 | Air Cargo

United Airlines parent UAL Corp will buy Continental Airlines Inc for $3.17 billion to form the world's largest carrier, moving to better withstand the hazards that have battered airlines in recent years.

The merger, if approved by regulators Read More »

American Airlines launches Madrid to New York, JFK services

AJOT | May 09, 2010 | Air Cargo

American Airlines has introduced direct services between New York JFK and the Spanish capital Madrid. The route complements the carrier's existing flights between Miami and Madrid and Dallas/Fort Worth and Madrid as well as services to the Catalan region Read More »

Lufthansa posts wider-than-expected loss in Q1

AJOT | May 09, 2010 | Air Cargo

Deutsche Lufthansa posted a bigger-than-expected first-quarter operating loss as high fuel costs, strike measures, a harsh winter and the lagging performance at some of its units weighed on earnings. Read More »

ABC transports prototype space capsule to technical museum in Speyer

AJOT | May 09, 2010 | Air Cargo

The prototype of a descent space capsule has been delivered by AirBridgeCargo Airlines for display at a special technical museum in Speyer.

Weighing 1,000 kilos, the capsule was transported from ABC's hub at Moscow Sheremetyevo Airport onboar Read More »

Globe Air Cargo wins United Airlines GSA contract in Spain

AJOT | May 09, 2010 | Air Cargo

Globe Air Cargo has won the GSA contract to represent United Airlines Cargo in Spain.

The airline operates a daily Airbus A330 flight from Madrid to Washington. From the US capital, United Airlines provides connections to all main US d Read More »

Atlas Air Q1 beats, says year to top estimates

AJOT | May 09, 2010 | Air Cargo

Cargo carrier Atlas Air Worldwide Holdings Inc posted higher-than-expected quarterly profit and forecast full-year profit above current Wall Street estimates. Read More »

Dubai sees 48% rise in air cargo traffic by 2015

AJOT | May 09, 2010 | Air Cargo

Dubai Airports, the company overseeing airport projects in the emirate, expects a 48 percent rise in cargo traffic by 2015, partly due to improving economic conditions, it said. Read More »

Airline finances starting to look up, IATA says

AJOT | May 09, 2010 | Air Cargo

Airlines are faring better financially this year, with share prices and fares up, despite the volcanic ash that caused hardship in April, global airlines body IATA said. Read More »

American Airlines Cargo boosts frequency and capacity from Ireland

AJOT | May 09, 2010 | Air Cargo

American Airlines (AA) has increased flights from Dublin to Chicago from four times per week to daily, in its summer schedule. Read More »

CMA CGM carries works of art for Shanghai World Expo

AJOT | May 09, 2010 | Liner Shipping

As part of the Shanghai World Expo, the CMA CGM Group has shipped 5 works of art on behalf of the JGM Gallery specialized in contemporary sculpture. Four sculptures were transported aboard the CMA CGM FIDELIO between Zeebrugge and Shanghai on the French A Read More »

Fourth Asia’Europe service operated by the Grand Alliance and New World Alliance from Hamburg

AJOT | May 09, 2010 | Liner Shipping

The inaugural arrival on April 28th 2010 at the Port of Hamburg meant that the number of Far East'Northern Europe liner services operated by the 'Grand Alliance' ' a consortium of the shipping companies Hapag-Lloyd, NYK and OOCL ' once again totals four. Read More »

After a year shaped by global crisis, CMA CGM returns to profit

AJOT | May 09, 2010 | Liner Shipping

The Board of Directors of France-based CMA CGM, the world's third largest container shipping group, recently met under the chairmanship of M. Jacques R. Saad' to review the financial statements for the year ended December 2009.

In a container Read More »

Maersk Line partners with Aqualife to transport shellfish by container from Canada to EU

AJOT | May 09, 2010 | Liner Shipping

With the arrival of the Maersk Palermo on May18, Maersk Line returns for a weekly call to Halifax, Nova Scotia at Halterm with a new exciting technology inside some of its containers 'aquariums which will hold live seafood to be transported from Canada to Read More »

DB Schenker Rail Polska S.A. trebles the volume of coal carried from Russia to Poland

AJOT | April 29, 2010 | Breakbulk & Projects

By the end of April, DB Schenker Rail Polska S.A. will have trebled the freight volume of coal transported from Brest in Belarus to Warsaw on behalf of Vattenfall S.A. The freight, which is carried in cooperation with the Russian railways (RZD) and the Be Read More »

Intermare appointed commercial agent by Intermarine

AJOT | April 29, 2010 | Breakbulk & Projects

Intermare S.p.A., Italy's leading shipping agency will represent all services for Intermarine's flagship line, Industrial Maritime Carriers, in the Italian market. The appointment of Intermare represents a further expansion of Intermarine in the European Read More »

Heavy cranes for the US by Albacor Shipping

AJOT | April 29, 2010 | Breakbulk & Projects

Albacor Shipping USA, Member of the Worldwide Project Consortium WWPC, recently handled the shipment of two Cranes each 420 metric tons of weight and with dimensions of each 34 x 12.5 x 23.5 meter from the Port of Vlissingen in the Netherlands to Corpus C Read More »

GAC successfully brought world-class sailing boats to Bahrain’s 2nd Boat Show International

AJOT | April 29, 2010 | Breakbulk & Projects

Leading shipping, logistics and marine services provider, GAC Bahrain announces the successful completion of all the logistical requirements for the Bahrain 2nd Boat Show International (BSSI) ' where they were appointed the Official Logistics Provider for Read More »