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Arkansas Best announces 78% increase in Q1

AJOT | April 24, 2008 | Intermodal

Arkansas Best Corporation announced a 78% increase in first quarter 2008 net income of $8.5 million, or $0.34 per diluted common share, compared to $4.8 million, or $0.19 per diluted common share, in the first quarter of 2007. Arkansas Best's 2008 first q Read More »

Etihad selects Descartes’ Global Logistics Network

AJOT | April 24, 2008 | Air Cargo

Etihad Crystal Cargo, a division of Abu Dhabi-based Etihad Airways, has selected Descartes' global logistics network (GLN) to provide its air cargo electronic data interchange (EDI) services. Read More »

AirBridgeCargo increases 747f services from Asia to Russia

AJOT | April 24, 2008 | Air Cargo

AirBridgeCargo Airlines, Russia's leading international scheduled cargo airline, has launched non-stop services to Moscow from Shanghai and Hong Kong. Read More »

APL named Best trans-Pacific shipping line

AJOT | April 24, 2008 | Liner Shipping

Global container shipping leader APL was this week named Best Transpacific Shipping Line at the 22nd Asian Freight and Supply Chain Awards (AFSCAs). Read More »

Crowley Z-Drive Tug Vigilant Christened in Alaska

AJOT | April 24, 2008 | Liner Shipping

Crowley Maritime Corporation's Z-Drive tugboat Vigilant, providing an added measure of safety and environmental protection for tankers entering and leaving the Tesoro Alaska Company's Nikiski refinery in Cook Inlet, was christened on Monday in Homer, Alas Read More »

‘K’ Line, Hanjin, Yang Ming rationalization of US East Coast/South America East Coast service

AJOT | April 24, 2008 | Liner Shipping

"K" Line, Hanjin and Yang Ming will rationalize their East Coast South America Read More »

Senator Lines capacity increase on Mediterranean-Mideast-Asia service

AJOT | April 24, 2008 | Liner Shipping

Senator Lines will increase its capacity on the Mediterranean Express Service MEX linking the Western Mediterranean region with the Middle East and Asia as from mid-May. The first vessel with the increased allocation of the Germany-based ocean carrier is Read More »

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 »

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