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AA push on Ireland-Mexico business

AJOT | January 21, 2007 | Air Cargo

IAM, Ireland's largest cargo GSSA, is staging a new drive for traffic to Mexico, following the recent signing of an interline agreement between its principal American Airlines (AA) and freighter operator Aerounion. Read More »

Emirates joins DHL Strategic Air Cargo Partnership

AJOT | January 21, 2007 | Air Cargo

Emirates Group Security and DHL Global Forwarding have signed a memorandum of understanding (MoU) in Strategic Air Cargo Security Partnership, a DHL Global Forwarding initiative. Read More »

Maersk Line upgrades Asia - Europe services

AJOT | January 21, 2007 | Liner Shipping

The new Asia - Europe network is a result of the ongoing review of Maersk Line's global network. "Together with our customers we regularly review our services, amongst others due to new and changing trading patterns and an ever increasing global trade. Th Read More »

NYK acquires all shares of Ceres Container Term. Europe B.V.

AJOT | January 21, 2007 | Liner Shipping

Nippon Yusen Kaisha (NYK) acquired all the shares of Ceres Container Terminals Europe B.V., which manages container terminal operations in Amsterdam, Netherlands, and thus made that company a 100% subsidiary of NYK. Read More »

Horizon Lines elects former Secretary Mineta to Board

AJOT | January 21, 2007 | Liner Shipping

Horizon Lines, Inc. announced that its Board of Directors has voted to elect former US Secretary of Transportation Norman Y. Mineta to the Board effective January 1, 2007. Mr. Mineta fills a vacancy created by the resignation from the Horizon Lines Board Read More »

OOIL completes sale of terminals

AJOT | January 16, 2007 | Breakbulk & Projects

Orient Overseas (International) Limited (OOIL) announced that it has completed the sale of three of the four terminals within the Terminals Division to Ontario Teachers' Pension Plan Board. These terminals are Deltaport and Vanterm terminals in the Port o Read More »

OOCL Tokyo christened at Geoje Shipyard

AJOT | January 14, 2007 | Breakbulk & Projects

The newbuilding was christened the m.v. OOCL Tokyo, by the honorable sponsor Mrs. Maria Smith, wife of Mr. Michael Smith, President and CEO of the Hong Kong & Shanghai Banking Corporation, at the Geoje Shipyard Quay No. 6, Geoje Island, Korea. Read More »

GPA emphasizes customer service; upgrades ports

AJOT | January 14, 2007 | Breakbulk & Projects

While competition remains heated among US East Coast ports, Georgia Ports Authority (GPA) is steam rolling ahead. A milestone, fiscal year 2006 (ending June 2006) saw GPA handle a record 2,041,846 teus, thereby making its Port of Savannah the fourth large Read More »

US-Panama Business Council honors C. Thomas Burke

AJOT | January 14, 2007 | Breakbulk & Projects

Mr. Burke was recognized for his leadership in bringing the Panama Canal Alternative Study Commission work in on time and under budget. The $20 million 'Tripartite' Study (Japan-Panama-US) recommended a "Third Set of Locks" option as the most viable for Read More »

Port of Vancouver, USA welcomes M/V STAR JAVA on maiden voyage

AJOT | January 14, 2007 | Breakbulk & Projects

Port of Vancouver, USA recently welcomed the M/V Star Java, captained by Edilberto F. Cruz from the Philippines, on her maiden voyage to Vancouver, Washington. The M/V Star Java is owned by Grieg Shipping of Bergen, Norway; operated by Star Shipping, and Read More »

BNSF system gets ETMS approval

AJOT | January 14, 2007 | Intermodal

The Federal Railroad Administration announced that it had approved Burlington Northern Santa Fe's Electronic Train Management System (ETMS) for use on some of its network. The system uses a digital communications network and a global positioning system to Read More »

Landstar named ‘Best Managed’ transportation company in America

AJOT | January 14, 2007 | Intermodal

Landstar System, Inc., a safety-first non-asset based provider of transportation capacity and logistics services, was rated America's 'Best Managed Company' in the Transportation category by Forbes magazine. 2007 marks the eighth consecutive year that Lan Read More »

Steel imports spur recovery of New Orleans

AJOT | January 14, 2007 | International Trade

Imported steel comprises about 45% of the Port of New Orleans' annual general cargo and yearly revenue stream. However, import restrictions on this valuable cargo nearly crippled the Port of New Orleans and many other ports throughout the nation in 2002 a Read More »

Brazil plans trade incentives for neighbors

AJOT | January 14, 2007 | International Trade

The Brazilian government is preparing to offer a series of trade incentives for South American neighbors Bolivia, Uruguay and Paraguay, the Brazilian financial newspaper Valor Economico reported. Read More »

Taiwan Dec. exports strong; may slow in ‘07

AJOT | January 14, 2007 | International Trade

Taiwan's exports grew faster than expected in December on steady sales of the island's electronic products and stronger-than-expected demand for base metal products in China and Europe. Read More »

Malaysia, US resume FTA talks

AJOT | January 14, 2007 | International Trade

The fourth round of talks over the Malaysia-US free trade agreement (FTA) took place in San Francisco last week. The US is adopting a pragmatic approach in its FTA negotiations with Malaysia, and it is keen to conclude the negotiations on a successful not Read More »

US dollar must fall more to ease imbalances

AJOT | January 14, 2007 | International Trade

The US dollar needs to depreciate more against other major currencies to ease unsustainable trade and current account imbalances, a panel of influential economists said during a meeting of the American Economics Association. Read More »

IATA results show sluggish int’l freight traffic

AJOT | January 14, 2007 | Air Cargo

The International Air Transport Association (IATA) released its November traffic results that showed year-on-year international passenger traffic growth recovered to 6.7%, the highest growth rate recorded since May. International freight traffic growth fo Read More »

UAE’s Etihad Airways wins Australia flying rights

AJOT | January 14, 2007 | Air Cargo

Gulf Arab states, reaping a windfall from a tripling in oil prices since 2001, are expanding their airlines and using their Middle East hubs to carry more passengers and cargo between Europe and Asia. That is boosting competition for rivals such as Singap Read More »

AirBridge Cargo Airlines becomes first Russian member of Cargo 2000

AJOT | January 14, 2007 | Air Cargo

As the scheduled cargo airline of Volga-Dnepr Group, ABC commenced operations in 2004. With a fleet of Boeing 747 freighters, it carried more than 80,000 tons of cargo in 2006, generating sales revenues in excess of US$230 million. The airline currently o Read More »

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