Key political risks in the Gulf of Guinea

AJOT | June 02, 2011 | Breakbulk & Projects

A stretch of West Africa's coast spanning more than a dozen countries, the Gulf of Guinea is a growing source of oil, cocoa and metals to world markets.

But rising rates of piracy, drug smuggling, and political uncertainty in an area ravaged by civil Read More »

Port of Felixstowe welcomes AE6 service

AJOT | June 02, 2011 | Ports & Terminals

The Port of Felixstowe has welcomed its third new service in less than a month with the arrival on Sunday 29th May 2011 of the 367m Mette Maersk on Maersk Line’s AE6 Asia-Europe service.

The extended rotation of the AE6 service, which now calls at Le Read More »

ICTSI launches bid to buy Singapore’s Portek

AJOT | June 02, 2011 | Ports & Terminals

The Philippines' International Container Terminal Services Inc (ICTSI) launched a takeover bid for Singapore's Portek International Ltd, offering to buy its shares at a 69 percent premium to market prices.

The Manila-based port operator offered S$1.20 Read More »

Mozambique’s main port set to get major investment

AJOT | June 02, 2011 | Ports & Terminals

Mozambique's Ports Development Company (MPDC) announced a $1 billion investment over the next 20 years to improve infrastructure in the country's main port to meet international demands. Read More »

Port of Oakland secures $18 million in federal funding for harbor deepening

AJOT | June 02, 2011 | Ports & Terminals

The Port of Oakland’s -50 Foot Harbor Deepening Project is set to receive $18 million in operations and maintenance from the U.S. Army Corps of Engineers’ fiscal year 2011 work plan, funding that is vital to the Port’s competitiveness. Oakland Board of P Read More »

Panama Canal Authority renews and extends Port Manatee MOU

AJOT | June 02, 2011 | Ports & Terminals

Port Manatee and the Panama Canal Authority (ACP) have renewed and extended a 2009 marketing and information-sharing agreement for five years in May, transcending the projected 2014 completion of the expanded Panama Canal.

Port Manatee becomes the s Read More »

Con-way to contribute $100,000 to Joplin disaster relief efforts

AJOT | June 02, 2011 | Intermodal

Con-way Inc. announced it was making a $100,000 charitable contribution to support disaster relief efforts in Joplin, Missouri, which was devastated by one of the most powerful tornados in recorded U.S. history. Joplin is the headquarters of Con-way Truc Read More »

Southeastern exceeds quality standards four years in a row

AJOT | June 02, 2011 | Intermodal

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, has been named Lowe's Platinum Carrier of the Year ' the highest award designation possible for the home improvement retailer.

Southeastern Read More »

Deutsche Bahn and Russian Railways RZD intend to intensify cooperation in automotive sector

AJOT | June 02, 2011 | Intermodal

In Sotchi, representatives of DB Schenker Rail and TransContainer, a subsidiary of Russian Railways (RZD), in the run-up to this year's International Rail Business Forum "Transport Systems 1520 and 1435: A Strategy of Cooperation", reaffirmed the intentio Read More »

Con-way Freight honored for 2010 Fleet Safety by the California Trucking Association

AJOT | June 02, 2011 | Intermodal

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc., announced that it has been recognized by the California Trucking Association (CTA) for outstanding fleet safety performance.

In May, the company was honored with two Read More »

Stella Jones Q1 profit rises on railway tie sales

AJOT | June 02, 2011 | Intermodal

Stella-Jones Inc, a maker of treated wood products, reported a 47 percent rise in first-quarter profit helped mainly by stronger railway tie sales. Read More »

CSX recognized by Department of Defense for its support of men and women in uniform

AJOT | June 02, 2011 | Intermodal

CSX Corporation has been awarded the 2011 Secretary of Defense Employer Support Freedom Award. The award, given by the Employer Support of the Guard and Reserve (ESGR) agency, is the Department of Defense's highest recognition for companies that provide e Read More »

Old Dominion expands Pacific Promise’ Service to Taiwan

AJOT | June 02, 2011 | Intermodal

To meet increasing shipping demand from Asia, Old Dominion Freight Line Inc. has expanded its Pacific Promise' less-than-container load (LCL) service to Taiwan's three main ports, in addition to 10 ports in China where the service is already offered.

Read More »

Japan takes Canada to WTO over green-power rules

AJOT | June 02, 2011 | International Trade

Japan asked the World Trade Organization to form a legal panel to decide whether Canadian provincial backing for solar and wind energy projects gives an unfair advantage to domestic equipment makers.

Japan has given up direct attempts to resolve a spa Read More »

New US report urges duty-free access for Pakistan

AJOT | June 02, 2011 | International Trade

The United States should offer duty-free access to its markets for Pakistani exports, a new report says, declaring that trade might succeed where aid has not in developing a vibrant economy and stable partner.

The report by a study group convened by t Read More »

Japan Airlines and American Airlines strengthen cargo relationship through closer cooperation

AJOT | June 02, 2011 | Air Cargo

Japan Airlines (JAL) and American Airlines (American) have embarked on a closer cooperation aimed at strengthening international cargo operations for the two airlines. Their agreement, concluded in April this year, provides cargo customers with more routi Read More »

Hong Kong airport to consult public on new runway

AJOT | June 02, 2011 | Air Cargo

Airport Authority Hong Kong will consult the public on an expansion plan including more than $17 billion for a third runway to maintain the territory's competitiveness as an international aviation hub.

"Our airport facilities can cope with demand up t Read More »

UPS sees US economy gaining steam in 2nd half

AJOT | June 02, 2011 | Air Cargo

United Parcel Service sees the U.S. economy outlook "a little muddier" than expected early this year, but growth should "chug along" at a slightly faster pace in the second half of the year.

Fuel prices are a wild card but have yet to reach levels tha Read More »

Kenya Airways sees strong year after profit surges

AJOT | June 02, 2011 | Air Cargo

Kenya Airways posted an 87 percent surge in yearly pretax profit to 5 billion shillings ($58.1 million), due to higher passenger numbers and cargo volumes, sending its shares up 8 percent.

Chief Executive Titus Naikuni said the airline -- one of Afric Read More »

Airlines gain from slow but steady global recovery

AJOT | June 02, 2011 | Air Cargo

The International Air Transport Association (IATA) said the global economy was recovering more slowly than expected, but was inching upward based on air traffic data, a key barometer of growth.

High oil prices, the crisis in the Middle East and Japan' Read More »