US business sees Doha trade deal momentum in 2011

AJOT | July 19, 2010 | International Trade

Trade is moving back up the U.S. political agenda and there is scope to reach a deal next year in the long-running Doha round and other stalled trade negotiations, industry lobbyists said.

But to get the backing of business, a Doha agreement Read More »

Positive signs in trade barrier talks

AJOT | July 19, 2010 | International Trade

Trading powers are putting forward news ideas on breaking down barriers to global commerce, indicating progress is possible in a key area of world trade negotiations, the diplomat chairing the talks said.

Both developed and developing countri Read More »

Atlas Copco Q2 upbeat, hits record margins

AJOT | July 19, 2010 | International Trade

Swedish compressor and machinery maker Atlas Copco bounded to record second-quarter margins and profit ahead of forecasts on the back of improved demand from miners and emerging economies.

Atlas suffered like other industrial players during t Read More »

Bombardier JV wins $761 million China train deal

AJOT | July 19, 2010 | International Trade

Bombardier Inc said that its Chinese joint venture had won a contract for 40 high-speed train sets from China's Ministry of Railways, worth about $761 million.

Bombardier's share of the contract, which was awarded to Bombardier Sifang (Qingda Read More »

Austrian Lufthansa Cargo GmbH off to successful start

AJOT | July 19, 2010 | Air Cargo

Cooperation between Austrian Airlines and Lufthansa Cargo kicked off successfully on 1 July.
Their new Vienna-based Austrian Lufthansa Cargo subsidiary has commenced operations. The new company is now marketing all freight capacities of both Read More »

Emirates orders 30 Boeing 777-300ers

AJOT | July 19, 2010 | Air Cargo

Emirates, the Dubai-based international airline, placed an order with Boeing for an additional 30 777-300ER aircraft, worth approximately $9.1 billion in list prices. The new order adds to the fleet of 71 777-300ERs previously ordered, of which 53 aircraf Read More »

New service between North Europe and Israel for Hamburg S’d

AJOT | July 19, 2010 | Liner Shipping

Hamburg S'd informs that as from October 2010 onwards it will separate from ZIM in the North Europe ' Israel service and mount its own independent operation, details of which are still under consideration. Read More »

NYK Line North America to modify chassis provisions in certain US markets

AJOT | July 19, 2010 | Liner Shipping

NYK Line (North America), Inc. has begun the process of no longer providing chassis in smaller markets in the Northeast and in Oakland, California. Read More »

NOL carried 29% more containers in June

AJOT | July 19, 2010 | Liner Shipping

Singapore's Neptune Orient Lines (NOL) , the world's fourth-largest container shipping firm, said it carried 29 percent more containers in the four weeks to June 25 compared to a year ago. Read More »

Unique move of heavy port transporters from Iran to Kazakhstan by road

AJOT | July 14, 2010 | Breakbulk & Projects

Sepehrun Tarabar International Transport, exclusive member of WWPC in Iran, successfully moved 2 OOG port Transporters Length of 18m , Width of 6.1m , Height of 2.3m each weighing 60MT from Bandar Abbas port South of Iran to Aktau /Kazakhstan through 3200 Read More »

Dockwise completes first float-over in Korea for Vyborg Project

AJOT | July 14, 2010 | Breakbulk & Projects

After nearly two years of engineering, procurement, and project preparations, Dockwise has completed the first of two float-overs for the Vyborg Project in Korea. Read More »

DB Schenker lands at Global TransPark, awarded 5-year contract

AJOT | July 14, 2010 | Ports & Terminals

DB Schenker, a logistics service provider headquartered in New York State, has signed a 5-year renewable lease for one-half of a warehouse building at the N.C. Global TransPark (GTP) and expects to eventually fill as many as 40 full-time jobs. Read More »

Kiel cargo handling rises 13.4% in first half year

AJOT | July 14, 2010 | Ports & Terminals

Cargo handling in the Port of Kiel increased by 13.4% in the first half of the year to 2.7 million tons. The Ostuferhafen handled more cargo than any other part of the port and posted its best results since going into operation 25 years ago. Dr Dirk Claus Read More »

Port of Long Beach trade volume continues to rise

AJOT | July 14, 2010 | Ports & Terminals

The monthly container cargo count at the Port of Long Beach increased for the seventh straight month in June 2010, rising 25.8 percent compared to the same month last year. Read More »

Brazil sugar ports under strain but coping

AJOT | July 14, 2010 | Ports & Terminals

Stretched infrastructure at Brazilian ports is expected to cope with mounting ship delays as vessels wait to load sugar and freight rates could find support from growing global demand for the country's new crop.

Appetite for sugar from Asia, Read More »

Konecranes acquires service company in France

AJOT | July 14, 2010 | Ports & Terminals

Konecranes acquired the service company Bouyer Manutention (BM) based in Tours, France. BM has 38 employees and net sales of approximately EUR 5 million (2009). BM will be consolidated into Konecranes’ books in the third quarter 2010. The value of the acq Read More »

Port of Seattle Commission approves transportation, facilities infrastructure investments

AJOT | July 14, 2010 | Ports & Terminals

The Port of Seattle Commission has approved nearly $5 million in projects that will improve seaport facilities, dredge the waterway at Terminal 5, and provide land for South Park Bridge replacement footings.

Commissioners also authorized CEO Read More »

YRC reiterates its business is improving

AJOT | July 14, 2010 | Intermodal

Trucking company YRC Worldwide said its business continues to improve, marking a turnaround from the end of the last year when the company narrowly averted bankruptcy.

YRC said it expects second-quarter adjusted EBITDA (earnings before intere Read More »

Holland selected as 2009 LTL Carrier of the Year by TTS, LLC

AJOT | July 14, 2010 | Intermodal

Holland, a subsidiary of YRC Worldwide Inc. has been named 2009 LTL Carrier of the Year by TTS, LLC, one of the fastest growing third-party transportation and logistics providers in the industry.

In a recent ceremony, TTS presented its annual Read More »

CSX sees further gains from economic recovery

AJOT | July 14, 2010 | Intermodal

Railroad company CSX Corp expects to follow up its better-than-expected second-quarter profit with good gains in the current quarter as the economic recovery gains momentum, company officials said. Read More »