Metric of US. chemical demand unexpectedly dips

AJOT | July 19, 2010 | Intermodal

Chemical shipments on U.S. railroads fell 5.5 percent last week after months of steady increases, the Association of American Railroads said. Read More »

Cross-border trade to fuel Canadian trucking recovery

AJOT | July 19, 2010 | Intermodal

Recession-worn Canadian truckers are in for a joyride, as a surge in auto trade with the United States and a rebound in truckload rates pave the road for better times. Trucking trade with the United States, up by about a third since January, is bringing t Read More »

Wabtec to buy 2 units of Global Railway for $45 mlllion

AJOT | July 19, 2010 | Intermodal

Wabtec Corp , a U.S. railcar parts and braking equipment maker, said it will acquire two units of Global Railway Industries Ltd for about $45 million in cash.

The company expects the acquisition of G&B Specialties Inc and Bach-Simpson Corp, w Read More »

China trade behavior imperils ties

AJOT | July 19, 2010 | International Trade

Chinese policies that block U.S. exports and discriminate against foreign firms are putting a dangerous strain on bilateral relations, a top U.S. trade official warned.

"It has been nearly a decade since China joined the WTO (World Trade Orga Read More »

EADS frustrated by delay in WTO ruling

AJOT | July 19, 2010 | International Trade

EADS Chief Executive Louis Gallois said he was "enormously frustrated" about another delay by the World Trade Organization in ruling on the European Union's case against the United States over alleged illegal subsidies to the company's arch-rival, Boeing Read More »

EU drops trade probes on Malaysia, India fasteners

AJOT | July 19, 2010 | International Trade

The European Commission has dropped investigations into allegations of illegal dumping and state subsidies favouring Indian and Malaysian fastener exporters after EU producers withdrew their complaints. Read More »

Brazil corn exports to surge in 2nd half of 2010

AJOT | July 19, 2010 | International Trade

Brazilian corn exports are set to surge in the second half of this year with the help of government freight subsidies but total exports for 2010 are still likely to fall short of last year, industry specialists said.

Corn exports of 2 million Read More »

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 »