Maersk Line named as ‘2010 Ocean Carrier of the Year’ by Home Depot

AJOT | November 07, 2010 | Liner Shipping

On September 22, Maersk Line was awarded the 'Ocean Carrier of the Year' by award was presented at the Executive Carrier Council meeting held in Atlanta, GA. Alan MacPherson, senior sales director, and Lauris Eglitis, key client manager for Maersk Line N Read More »

Hamburg S’d adopts IAS EquipmentRepair globally to manage container fleet M&R

AJOT | November 07, 2010 | Liner Shipping

Ocean carrier Hamburg S'd has announced it is adopting the EquipmentRepair system from International Asset Systems (IAS) to manage its global container M&R program. The German-headquartered carrier, a market leader on the north-south container trades and Read More »

MOL cooperates on ocean transport of medical and health Supplies to Thailand and Cambodia

AJOT | November 07, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced its cooperation with the non-profit organization (NPO) PH-Japan (PHJ*1) for ocean transport of medical and health supplies, including masks to prevent infection, to communities in Thailand and Cambodia. Read More »

GE Shipping sees steady dry bulk rates

AJOT | October 31, 2010 | Breakbulk & Projects

India's Great Eastern Shipping Co Ltd expects rates in the dry bulk segment to be steady in the near term though those in the tanker segment are seen under pressure, a senior official said.

"So far rates (in dry bulk) have been quite buoyant and we ha Read More »

Cargotec delivers breakthrough LNG-powered terminal tractors

AJOT | October 31, 2010 | Ports & Terminals

Cargotec has delivered liquefied natural gas-powered (LNG) terminal tractors that fully meet California's 2010 California Air Resources Board (CARB) standards for off-road vehicle emissions, while improving on the performance of equivalent diesel-powered Read More »

Konecranes builds extension to factory in Lingang, China

AJOT | October 31, 2010 | Ports & Terminals

An opening ceremony was held to celebrate the extension of Konecranes' factory in Lingang New City, Shanghai, China. Through the extension the production area has been doubled and the target is to increase the number of lift trucks produced in the factory Read More »

Caterpillar unit to open US rail locomotive factory

AJOT | October 31, 2010 | Intermodal

Caterpillar Inc , the U.S. heavy equipment maker that has been moving aggressively into the rail business, will announce plans to open a railcar facility in east central Indiana, the (Muncie) Star Press newspaper reported.

Citing unnamed sources, the Read More »

Norfolk Southern Q3 profit tops forecasts

AJOT | October 31, 2010 | Intermodal

U.S. railroad Norfolk Southern Corp reported a higher-than-expected third quarter profit as volumes grew for the fifth straight quarter.

"We continue to see an economy characterized by slow growth, but growth nonetheless," Chief Executive Wick Moorman Read More »

ABF files legal actions against Teamsters, YRC Companies

AJOT | October 31, 2010 | Intermodal

ABF Freight System, Inc.',(ABF), the largest subsidiary of Arkansas Best Corporation and a leading less-than-truckload transportation company, has filed legal actions against the International Brotherhood of Teamsters (IBT) and other parties including sev Read More »

CN’s Mongeau says market-based innovation and supply chain collaboration are key to strengthening…

AJOT | October 31, 2010 | Intermodal

Mongeau, speaking to the Pacific Gateway Forum 2010 at the Vancouver Board of Trade, said global trade is key to Canada's prosperity and that Port Metro Vancouver is of vital importance to the nation's international trade flows, handling commerce from mor Read More »

Zimbabwe to resume diamond exports, says met terms

AJOT | October 31, 2010 | International Trade

Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds.

Obert Moses Mpofu, Zimbabwe's minister of mines and mine d Read More »

China offers hope for Canadian forestry investors

AJOT | October 31, 2010 | International Trade

If an astute investor asked a Canadian forest industry executive just five years ago about lumber sales to China, the answer would probably have been: "China? China doesn't buy our lumber." Read More »

Could China face a WTO dispute over rare earths?

AJOT | October 31, 2010 | International Trade

Businesses in Japan, the United States and European Union are crying foul over cuts in China's export quotas of rare earths and calling on their governments to sue Beijing at the World Trade Organization.

China, which currently has a near-monopoly in Read More »

China rejects U.S. corn cargo, citing GMOs

AJOT | October 31, 2010 | International Trade

China has rejected a cargo of U.S. corn after finding it contained an unsanctioned genetically modified strain, two sources familiar with the situation said on Friday.

"China only allows 11 varieties of GM corn to be imported to the country, and the c Read More »

Bomb plot could raise costs, but who pays?

AJOT | October 31, 2010 | Air Cargo

Security fears triggered by the air freight bomb plot could increase the costs of global trade and fuel debate over the technology needed to screen packages and who should pay for it, transport officials said.

Two air packages containing bombs -- both Read More »

Explosives may be part of low-tech trend by al Qaeda

AJOT | October 31, 2010 | Air Cargo

The use of parcels containing explosive materials against U.S. targets matches a growing trend by al Qaeda and its allies toward low-investment, high-impact attacks difficult for intelligence agencies to detect. Read More »

UK forwarders warn against knee-jerk reaction to air cargo security

AJOT | October 31, 2010 | Air Cargo

The British International Freight Association (BIFA), the trade association for UK freight forwarders and other cargo interests, says that whilst the UK Government is likely to review all aspects of air cargo security following the incident at East Midlan Read More »

Passenger security focus ignores cargo threat

AJOT | October 31, 2010 | Air Cargo

The global focus on airline passenger security leaves the "door open" for attacks on cargo flights instead, a British pilots' union said. The British Airline Pilots' Association (BALPA) said pilots worldwide had warned for years of the threat to cargo fli Read More »

CCN joins Cargonaut and Traxon Europe in the eCargo Pouch’ cooperation

AJOT | October 31, 2010 | Air Cargo

The launch of eCargo Pouch' by Cargonaut International and Traxon Europe at the beginning of the year aroused great interest in the airfreight industry. This as well as the profound benefits the solution is offering were convincing enough for Cargo Commun Read More »

Emirates to invest in growth as H1 profit soars

AJOT | October 31, 2010 | Air Cargo

Emirates Airline, the Arab world's largest carrier, said it is well placed to expand its business further after its first-half net profit more than quadrupled as passenger traffic and cargo volumes surged.

The Dubai government-owned operator has been Read More »