Page 839 of 1249 pages ‹ First  < 837 838 839 840 841 >  Last ›

Maersk warns over cost pressure for ports

AJOT | October 12, 2010 | Ports & Terminals

Container port operators in mature economies face "very strong cost competition" from faster-growing emerging markets, the Financial Times quoted the head of APM Terminals as saying. Read More »

Konecranes acquires Indian WMI Cranes LTD.

AJOT | October 12, 2010 | Ports & Terminals

Konecranes has entered into an agreement to acquire the Indian crane company WMI Cranes Ltd. (“WMI”). The acquisition marks an important step in strengthening Konecranes' position in the growing Indian crane market.

The company, which is own Read More »

Shipping fleet set to expand, but freight rates drag

AJOT | October 12, 2010 | Ports & Terminals

India's shipping industry is setting out on a fleet expansion drive as the country's port capacity is set to increase, but still-soft freight rates will put a lid on recovery after an extended slowdown.

Cargoes at Indian ports are expected to Read More »

Further major Kühne + Nagel project in the Port of Duisburg

AJOT | October 12, 2010 | Ports & Terminals

The Duisport Group has transferred one of the last logport I properties of some 65,000 sq.m. to Kühne + Nagel (AG & Co.) KG of Hamburg. With a total size of 160,000 sq.m. in the Port, Kühne + Nagel now operates by far the largest logport I facilities in Read More »

Russian government approves TransContainer IPO

AJOT | October 12, 2010 | Intermodal

The Russian government has approved the long-awaited initial public offering of an almost 35 percent stake in freight operator TransContainer, clearing the way for the state rail monopoly to raise upto $525 million. The shares will be sold "at a price no Read More »

Rising trucking costs to add to U.S. retailer woes

AJOT | October 12, 2010 | Intermodal

U.S. retailers, already feeling pressure from rising raw material costs and higher wages in China and elsewhere, face the added threat of growing land transportation costs as they move toward 2011.

Truckload rates are expected to rise by 10 p Read More »

Russian rail seeks Freight One investor

AJOT | October 12, 2010 | Intermodal

Russian Railways is looking to sell a controlling stake in its Freight One unit to a strategic investor, a senior official from the state rail monopoly was quoted as saying.

Russian Railways had previously talked about an IPO of Freight One b Read More »

Key figure of U.S. chemical demand rises

AJOT | October 12, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 6.7 percent last week, the Association of American Railroads said.

Chemicals shipments on trains, called rail car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

Kenya invites new bids for cross-country railway

AJOT | October 12, 2010 | Intermodal

Kenya Railways has invited fresh bids for work on a railway to run between the port city of Mombasa and the Ugandan capital Kampala, expected to triple train speeds and increase regional trade.

Kenya Railways said in a newspaper advertisement Read More »

Schulz is the new head of Intermodal at DB Schenker Rail

AJOT | October 12, 2010 | Intermodal

Andreas Schulz is the new Head of the Intermodal Market Unit at DB Schenker Rail Deutschland AG. The 42-year-old is thus assuming responsibility for the tasks previously performed by Karsten Sachsenr'der, who held this position since the beginning of the Read More »

WTO’s Lamy says no signs of trade war

AJOT | October 12, 2010 | International Trade

There is currently no evidence of preconditions for a trade war between the United States and China, the head of the World Trade Organisation said, despite verbal sparring over the valuation of China's currency.

The United States and the Euro Read More »

WTO negotiators sense new tone in fish talks

AJOT | October 12, 2010 | International Trade

Talks to curb fisheries subsidies have taken on new life, negotiators said, boding well for efforts to revive depleted global fish stocks and reach a deal to open up world trade.

Trade diplomats said that differences in the fisheries talks at Read More »

Turkey targets $50 blllion China trade by 2015

AJOT | October 12, 2010 | International Trade

Turkey and China aim to raise bilateral trade to $50 billion a year by 2015 from about $17 billion currently under a new "strategic partnership", the prime ministers of the two countries said.

Both members of the G20 group of rich and develop Read More »

EU membership key for Serbia growth plan

AJOT | October 12, 2010 | International Trade

Targets in an ambitious 10-year growth plan for Serbia, based on boosting foreign investment and exports, will not be met unless the country joins the European Union, an aide to prime minister Mirko Cvetkovic said.

The plan aimed at boosting Read More »

More freight at Lufthansa Cargo

AJOT | October 12, 2010 | Air Cargo

Lufthansa Cargo reported an increase in freight and a significantly improved load factor at the close of the third quarter of 2010. From January to September, the carrier transported about 1.3 million tonnes of freight. This represents a year-on-year incr Read More »

Cathay Pacific freight capacity sufficient despite plane delay

AJOT | October 12, 2010 | Air Cargo

Cathay Pacific Airways Ltd , Hong Kong's dominant airline, has sufficient freight capacity despite a delay in the delivery of new 747-8F freighters from Boeing Co , its chief executive said.

"We're obviously disappointed that the delivery of Read More »

New Safmarine Regional Executive for Indian Subcontinent appointed; Safmarine Leadership Team now…

AJOT | October 12, 2010 | Liner Shipping

Safmarine announced the promotion of Bimal Kanal as their new Regional Executive for the Indian Subcontinent (ISC). The new region covers India, Sri Lanka, Nepal, The Maldives, Pakistan and Bangladesh.

 Read More »

NOL Group’s Widdows receives shipping honor


AJOT | October 12, 2010 | Liner Shipping

NOL Group CEO Ron Widdows has received the Connie Award from the Containerization and Intermodal Institute. The 50-year-old trade association promotes maritime interests and supports students interested in trade and transportation. Read More »

Shipping Corp of India files regulator application for FPO

AJOT | October 12, 2010 | Liner Shipping

State-run Shipping Corp of India said it has filed an application for its follow-on public offer with the stock market regulator. Read More »

CargoSmart launches EU ICS solution

AJOT | October 12, 2010 | Liner Shipping

CargoSmart Limited, a leading Software as a Service (SaaS) global shipping and logistics solutions provider, announced its Import Control System Solution for ocean carriers to comply with the upcoming European Union Regulation 1875/2006, also known as the Read More »

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