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 »

China accepts WTO ruling on entertainment goods

AJOT | July 14, 2010 | International Trade

China has agreed to open up its market for entertainment goods by March 19 next year in line with a World Trade Organization ruling, China and the United States said. Read More »

US unions urge Congress to pass China currency bill

AJOT | July 14, 2010 | International Trade

The largest U.S. labor group urged Congress to pass legislation to fight China's currency practices, a day after the Obama administration again declined to label Beijing a currency manipulator.

The United States should also keep other options Read More »

Russia sees $1.5 -$2 billion meat exports by 2020

AJOT | July 14, 2010 | International Trade

Major meat buyer Russia should increase domestic breeding to be able to export $1.5 billion-$2.0 billion worth of poultry meat and pork by 2020, Agriculture Minister Yelena Skrynnik said. Read More »

India pest attack seen hitting tea exports

AJOT | July 14, 2010 | International Trade

Tea output in India, the world's second biggest producer, is likely to fall in 2010/11 on adverse weather and a pest attack in the biggest growing area, which will hurt quality exports, a senior official said.

"Excessive rains and a pest atta Read More »

Singapore ups GDP, trade forecasts on strong Q2

AJOT | July 14, 2010 | International Trade

Singapore raised its economic growth and exports forecast for the year as second quarter gross domestic product (GDP) and June trade data came in above forecast. Read More »

The air/sea divide in global trade

AJOT | July 14, 2010 | International Trade

An interesting contrast is shaping up in global trade, where some indicators of the movement of raw materials are crashing even as exports from China and air traffic continue to show outstanding strength.

Depending on your reading of the data Read More »