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Con-way, Inc. reports Q1 results

AJOT | April 23, 2008 | Intermodal

Con-way, Inc. reported net income from continuing operations for the first quarter of 2008 of $22.5 million (after preferred stock dividends), or 47 cents per diluted share. The results compared to first-quarter 2007 net income from continuing operations Read More »

Chapman Freeborn coordinates horse flight from Maastricht

AJOT | April 23, 2008 | Air Cargo

Chapman Freeborn Airchartering arranged a charter of a B747-200F with MK Airlines to transport 73 showjumping horses from the Netherlands to a major showcase event in Doha, Qatar. Read More »

PA governor approves $2.5mln investment in four airports

AJOT | April 23, 2008 | Air Cargo

Pennsylvania's Governor Edward G. Rendell said the state will invest $2.5 million to improve service at four airports and enhance Pennsylvania's business climate. Read More »

AirBridgeCargo appoints new GSA partners in Vietnam and Korea

AJOT | April 23, 2008 | Air Cargo

In Vietnam, Indo-Trans Logistics Aviation Services (ITL Aviation) has been selected as the airline's GSA. With accession of Vietnam to the WTO in 2006, the country's exports have been growing at an accelerated pace, offering new business opportunities to Read More »

Japan Airlines Int’l pleads guilty to fixing prices on cargo shipments

AJOT | April 23, 2008 | Air Cargo

Tokyo-based Japan Airlines International Co., Ltd. (JAL) has agreed to plead guilty and pay a $110 million criminal fine for its role in a conspiracy to fix rates for international cargo shipments, the Department of Justice announced. Read More »

Caytrans BBC LLC adds M/V BBC Faaborg to services

AJOT | April 15, 2008 | Breakbulk & Projects

In order to meet market demands, Caytrans BBC LLC recently added M/V BBC Faaborg to their service, and currently has a total of 4 vessels engaged in the trade lane primarily from the USG to NCSA servicing the project, mining and oil industry, but also cat Read More »

DCT Gdansk appoints new CEO

AJOT | April 15, 2008 | Ports & Terminals

Boris Wenzel has been appointed Chief Executive Officer of the Polish container terminal operator DCT Gdansk SA. He succeeds Colin Chanter, who continues as chairman of the board of management. Read More »

Port of Detroit opens with arrival of first ship

AJOT | April 15, 2008 | Ports & Terminals

April 15, 2008, the Port of Detroit welcomed the ocean-going vessel, Federal Power to inaugurate the 2008 shipping season. The Federal Power, a Cyprus flagged vessel, arrived at 7:00 A.M. at the Nicholson Terminal & Dock Company. It is officially the firs Read More »

DB Schenker doubles airfreight services on Dubai-Toledo route

AJOT | April 15, 2008 | Transport Intermediaries

Ten months after the start of round-trip air services from Dubai to Toledo, Ohio via Frankfurt-Hahn in Germany, Schenker AG is doubling capacity on this route. Owing to massive demand, a second flight has now been introduced. Read More »

Genesee & Wyoming acquires Rotterdam Rail Feeding

AJOT | April 15, 2008 | Intermodal

Genesee & Wyoming, Inc. (GWI) announced that it has completed the acquisition of Rotterdam Rail Feeding (RRF) for cash consideration of approximately US $21.4 million, with contingent consideration of up to US $2.4 million payable over the next three year Read More »

CSX 63% increase in earnings

AJOT | April 15, 2008 | Intermodal

CSX Corporation reported first quarter earnings of $351 million, or 85 cents per share, versus $240 million, or 52 cents per share, last year. This represents a 63% improvement in earnings per share over last year. Read More »

United Arab Shipping Co. names MV Al Bahia

AJOT | April 15, 2008 | Liner Shipping

On April 14, 2008, at HHI Ulsan, South Korea, and in the presence of distinguished guests and HHI senior officials, UASC B.O.D. Member-UAE Mr. Jasem Rashed Al-Shamsi did the honors of naming the third vessel MV Al Bahia bearing the UAE National Flag. UASC Read More »

CMA CGM (America) LLC names Dianora Director, Inbound Trans-Pacific

AJOT | April 15, 2008 | Liner Shipping

CMA CGM (America) LLC announced that Christopher J. Dianora has been named Director of Inbound Transpacific. Chris will be responsible for overseeing the optimization of the inbound transpacific in North America and will serve as a liaison with the compa Read More »

Crowley receives Toyota Logistics Service awards for sixth consecutive year

AJOT | April 15, 2008 | Liner Shipping

Toyota Logistics Services recently presented Crowley's Puerto Rico/Caribbean liner services group with its prestigious Partners Award in Customer Service for 2007. It was the sixth consecutive year the company has received such recognition from Toyota. Read More »

CMA CGM wins bid for Port of Marseilles’s ‘dock 10’

AJOT | April 15, 2008 | Liner Shipping

CMA CGM announced that it has been selected by the Port of Marseilles Authority as the winning bidder for a project to develop Europe's largest dry dock located at the city's north docks. Read More »

Premium Article  Jay Buckley and Louise Yu Promoted at Evergreen

AJOT | April 14, 2008 | People | Appointments | Liner Shipping

JERSEY CITY, NJ--Evergreen Shipping Agency (America), North America general agents for Evergreen Line, has announced two new executive vice president appointments in its U. S. head office. Jay Buckley has been named Executive Vice President, Business, and Read More »

Horizon Lines Chairman & Ceo Unveils Road Map For U.S. Marine Highway

AJOT | April 14, 2008 | Liner Shipping

Charles G. (Chuck) Raymond, Chairman,President and CEO of Horizon Lines, Inc. today outlined a road map for developing a U.S. Marine Highway that will ease congestion around gateway trade corridors and improve the overall efficiency of America's transport Read More »

Maersk Line is pleased to introduce an improved WestMed service between the . . .

AJOT | April 14, 2008 | Liner Shipping

Our aim has been to improve the reliability of the WestMed service and thus offer our customers a dependable product with adequate time in the schedule for operational contingency. This will allow our vessels to run at an optimal speed and thereby preserv Read More »

Premium Article  TRANS-ATLANTIC TRADE - Freight on the trans-Atlantic in ‘08

George Lauriat | April 13, 2008 | International Trade

For better or worse - depending on your point of view - US exports are up and imports down to Europe. But is that the real story? Time to look for another shift in ‘09? Read More »

Premium Article  TRANS-ATLANTIC TRADE - Europe looks to new projects to handle anticipated box growth

George Lauriat | April 13, 2008 | International Trade | Ports & Terminals

Virtually every European port in the Northern Range from Le Havre, in the South, centrally located Rotterdam, British ports like Felixstowe & Southampton, and the German ports of Hamburg & Bremerhaven, experienced significant growth in 2007. Further, even Read More »

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