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Ports America announces new CPO

AJOT | April 29, 2010 | Ports & Terminals

Ports America Group (Ports America) recently announced the appointment of Claus Michael Svendsen to the position of Chief Process Officer.

Svendsen, who joins Ports America as of May 1st, will report directly to President and CEO Michael Hass Read More »

Mississippi River ship traffic not affected by oil spill

AJOT | April 29, 2010 | Ports & Terminals

The U.S. Coast Guard has confirmed to the Port of New Orleans that Southwest Pass, the main deepwater channel from the Mississippi River to the Gulf of Mexico, is open and that they don’t anticipate any restrictions to the shipping channel due to the oil Read More »

Maersk sells Chinese terminal stake for $520 mlllion

AJOT | April 29, 2010 | Ports & Terminals

Danish shipping and oil group A.P. Moller-Maersk agreed to sell a stake in the Yiantian container terminal in China to a unit of COSCO Pacific for $520 million, Maersk said.

"The transaction is expected to generate an accounting gain in the o Read More »

Port of Everett installs rail loading ramp to enhance capabilities

AJOT | April 29, 2010 | Ports & Terminals

In an effort to enhance its cargo handling capabilities and attract new business, the Port of Everett recently built a new rail loading ramp at its terminal facilities.

The 70-ton ramp supports cargo operations by aiding in the loading and un Read More »

CP Rail cautiously optimistic as profit surges

AJOT | April 29, 2010 | Intermodal

Canadian Pacific Railway Ltd reported a 74 percent jump in quarterly profit as cost cuts and higher freight volumes pushed its results above analysts' expectations and sent its shares up 5 percent. Read More »

DB Schenker reorganizes logistics in Russia

AJOT | April 29, 2010 | Intermodal

Customers in Russia will now be offered DB Schenker's range of logistics services from a single source. Schenker Russia ZAO and Schenker Ltd. have merged their organizational structures. This will enable the company to provide even more effective solution Read More »

Genesee & Wyoming Q1 profit beats Street

AJOT | April 29, 2010 | Intermodal

Genesee & Wyoming Inc., which owns and operates short-line and regional railroads, posted a quarterly profit that beat market expectations, helped an increase in non-freight revenue. Read More »

Japan may see toll hikes despite free-highway vow

AJOT | April 29, 2010 | Intermodal

Japan's move to double the national highway toll ceiling from June, despite government vows for free highways, may set the stage for further hikes in line with the nation's ambitious greenhouse gas reduction goals. Read More »

Norfolk Southern Q1 profit tops expectations

AJOT | April 29, 2010 | Intermodal

Norfolk Southern Corp reported a stronger-than-expected quarterly profit as the rebounding U.S. economy sent volumes up across all freight categories. Read More »

RailAmerica sees $550-600 mlllion in revenue by the end of 2011

AJOT | April 29, 2010 | Intermodal

Short-line railroad operator RailAmerica Inc expects revenue to grow to $550 million to $600 million by the end of 2011, its top executive said. Read More »

Safety programs must focus on risky behaviors and crash causes, ATA tells Senate

AJOT | April 29, 2010 | Intermodal

The trucking industry has made great strides to improve safety and is now the safest it has ever been, but 'we can do more,' the American Trucking Associations (ATA) today told a subcommittee of the Senate Committee on Commerce, Science and Transportation Read More »

China buys US corn

AJOT | April 29, 2010 | International Trade

China purchased 115,000 tons of U.S. corn, its first significant purchase in nearly four years, ending weeks of rumors that the country was seeking foreign supplies to tamp down rising domestic prices. Read More »

Japan eyes new strategy for infrastructure exports

AJOT | April 29, 2010 | International Trade

Japan's government is pushing for a new strategy to win more overseas infrastructure projects, as it feels threatened by growing global competition and needs help from external demand to boost growth in the world's No.2 economy.

Japan Inc. ho Read More »

US agrees to intensify talks on Russia’s WTO bid

AJOT | April 29, 2010 | International Trade

The United States and Russia have agreed to intensify talks on Moscow's nearly 17-year-old bid to join the World Trade Organization, a U.S. trade official said.

"The participants reviewed the action plan that Russian, U.S. and EU negotiators Read More »

Vietnam’s coffee exports may face delays

AJOT | April 29, 2010 | International Trade

Vietnamese exporters may have to delay coffee loading in the coming months, as supply of beans in the domestic market has been hurt with farmers holding back sales due to a stockpiling plan and falling prices, a senior industry official said. Read More »

Emirates quick to establish new trade channel with Amsterdam

AJOT | April 29, 2010 | Air Cargo

Leather, silk, garments, tools, flowers, fruit, fish, plants and telecoms equipment to be loaded aboard Emirates' first passenger flight to Amsterdam are a sure sign that a new trading channel has been born.

As well as the usual United Nation Read More »

Air traffic recovery accelerates in March

AJOT | April 29, 2010 | Air Cargo

Demand for both international air travel and air freight accelerated in March with the rebound on the back of economic recovery exceeding expectations, the airline industry body IATA said. Read More »

Airline mergers slow process says US Air CEO

AJOT | April 29, 2010 | Air Cargo

A merger of United Airlines parent UAL Corp and Continental Airlines would not necessarily spark a wave of consolidation as some in the industry expect, the chief executive of US Airways Group said.

Speaking on the sidelines of a US Airways m Read More »

UAL, US Airways losses shrink on better demand

AJOT | April 29, 2010 | Air Cargo

Higher fares helped United Airlines and US Airways Group Inc narrow their first-quarter losses and top Wall Street estimates, signaling the continuation of a recovery for the U.S. airline industry. Read More »

White whales join the list of ABC live animal shipments

AJOT | April 29, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC) has added white whales to its long list of successful live animal shipments.

The airline carried two of the animals, weighing a combined 5,500 kilos, from Moscow to Beijing on board one of its six times weekly Bo Read More »

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