Finnish paper company M-real selects Port of Philadelphia for its U.S.-bound cargoes

AJOT | April 25, 2010 | Ports & Terminals

150,000 tons of new cargo, up to 24 vessel calls will result

John H. Estey, Esq., Chairman of the Philadelphia Regional Port Authority (PRPA), announced that the European paper company M-real, based in Finland, has selected the Port of Read More »

Hyundai Motor Co. and Holt Logistics to import though the Port of Philadelphia

AJOT | April 25, 2010 | Ports & Terminals

Governor Rendell announced that the Philadelphia Regional Port Authority and Holt Logistics Corp. have come to an agreement with Hyundai Motor Co. and its logistics affiliate, Glovis of America, to import and process 150,000 Hyundai and Kia vehicles annua Read More »

Panama Canal and JAXPORT sign strategic partnership alliance

AJOT | April 25, 2010 | Ports & Terminals

Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Jacksonville Port Authority (JAXPORT) CEO Rick Ferrin launched a strategic partnership with the signing of a Memorandum of Understanding (MOU).

The MOU, signed in a cer Read More »

Russia seeks ways to export large grain stocks

AJOT | April 25, 2010 | Ports & Terminals

Russia, seeking new ways to export its growing stocks of grain, is considering building new terminals on Ukraine's Black Sea coast and cutting rail tariffs via its ex-Soviet neighbour to be competitive on world markets. Read More »

Port of Charleston adds new Asia Service, posts 24% volume gain

AJOT | April 25, 2010 | Ports & Terminals

The South Carolina State Ports Authority (SCSPA) has announced double-digit volume increases during March, along with the addition of a new service between Charleston, Northern China and South Korea. Read More »

China further tightens scrap metal import rules

AJOT | April 25, 2010 | Ports & Terminals

China will further tighten imported scrap metal import rules effective June 1, a notice said, as part a crackdown on duty evasion which came into effect at the start of April.

Mixed different kinds of scrap metal in containers will no longer Read More »

Point Bio Energy announces new wood pellet facility at the Port of Greater Baton Rouge

AJOT | April 25, 2010 | Ports & Terminals

Wood pellet facility to create up to 100 new jobs and more than $100 million in capital investment
Gov. Bobby Jindal joined Point Bio Energy LLC CEO Bill New, Port of Greater Baton Rouge Executive Director Jay Hardman, Commissioner of Agric Read More »

Direct ChassisLink to expand operations in Gulf, Pacific Northwest port areas

AJOT | April 25, 2010 | Ports & Terminals

Direct ChassisLink (DCLI) will expand its chassis program to the Gulf and the Pacific Northwest port areas effective June 1, 2010. Locations will include Houston, New Orleans and Mobile as well as Portland and Seattle. DCLI will offer chassis for use in t Read More »

Shanghai Port Q1 net up 39.5% on rising trade

AJOT | April 25, 2010 | Ports & Terminals

Shanghai International Port (Group) Co, China's biggest port operator, posted a 39.5 percent surge in first-quarter net profit, helped by an upswing in trade in the world's biggest exporter.

The results marked the second straight quarter of p Read More »

Railinc upgrades RailSight’ CLM Engine, delivers more power to customers

AJOT | April 25, 2010 | Intermodal

Enhanced Freight Car Track and Trace Data Improves Rail Fleet Management

Railinc released a major update to the RailSight' CLM (Car Location Message) engine, which delivers real-time track and trace data for freight rail. RailSight now Read More »

Shorter-haul intermodal not increasing in importance, FTR analysis shows

AJOT | April 25, 2010 | Intermodal

The share of domestic intermodal revenue movements accounted for by moves of 1,000 miles or less has declined in the past year, a recent analysis by FTR Associates shows. Domestic intermodal equipment moving less than 1,000 miles accounted for 42% of tota Read More »

Key figure of U.S. chemical demand climbs

AJOT | April 25, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 8.6 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 »

US freight companies post higher Q1 results

AJOT | April 25, 2010 | Intermodal

Freight transportation companies including Knight Transportation posted higher first-quarter results on improved volumes, and said the market was on track for a solid recovery.

"The operating environment grew increasingly positive during the Read More »

ATA seeks nominations for Fourth Annual ‘Good stuff’ Trucking Image Award

AJOT | April 25, 2010 | Intermodal

The American Trucking Associations announced that it is seeking nominations for the fourth annual Mike Russell 'Good stuff' Trucking Image Award. The award honors those that creatively generate positive awareness of the trucking industry. Read More »

DB Schenker opens most modern terminal

AJOT | April 25, 2010 | Intermodal

The most modern forwarding terminal in DB Schenker's European land transport network has opened in the Austrian town of Bergheim, near Salzburg. Around EUR 26 million was invested in the terminal, which serves as a hub for flows of goods in Europe, effici Read More »

Russian Railways presses ahead with units sale

AJOT | April 25, 2010 | Intermodal

Russian Railways will sell stakes in 18 units this year and the next as the world's top infrastructure firm presses ahead with the final stage of reforms to spur competition and fund modernization.

The company with the world's longest rail ne Read More »

Union Pacific reports 43 pct earnings jump

AJOT | April 25, 2010 | Intermodal

Union Pacific Corp reported a 43 percent jump in first-quarter earnings as business volumes gained for the first time in two years, and the No. 1 railroad offered an optimistic outlook for a continuing economic recovery.

"What a difference a Read More »

Houser Transport announces joint venture with Furniture Tech’s

AJOT | April 25, 2010 | Intermodal

Houser Transport, Inc., of Vale, N.C., is pleased to announce that it has acquired half of Furniture Tech's, a third-party logistics warehouse and home delivery firm headquartered in Ontario, Calif. Furniture Tech's will become a division of Houser Transp Read More »

Southeastern Freight Lines celebrates 60th Anniversary

AJOT | April 25, 2010 | Intermodal

Founded in 1950 with 14 trucks, 20 employees and a $5,000 loan, Southeastern Freight Lines is celebrating its 60th anniversary as it has grown into one of the industry's most successful trucking companies. Read More »

Rail revamp seen vital to east African trade

AJOT | April 25, 2010 | Intermodal

East Africa's railways carry less cargo than in the 1970s and their revival is crucial to boosting trade as the region deepens economic integration, the head of an African private equity firm said.

Transport prices in east Africa are among th Read More »