Port of Tauranga sees record profit from cargo growth

AJOT | August 21, 2011 | Ports & Terminals

New Zealand's Port of Tauranga Ltd, the country's biggest export port, expects to post a record result this year as a revived economy and strong global commodity markets boost cargo volumes and earnings, the chief executive said.

The company, which ha Read More »

Light growth of throughput in the Port of Rotterdam

AJOT | August 21, 2011 | Ports & Terminals

In the first half of 2011, 215 million tons of cargo were handled in the Port of Rotterdam, 1% more than in the first half of 2010. Incoming cargo increased by 2% to 153 million tons, and outgoing cargo decreased by 1% to 61 million tons. The throughput o Read More »

Brilliant cargo handling figures from Port of Hamburg for 2011 first half

AJOT | August 21, 2011 | Ports & Terminals

Germany‚Äôs largest universal port profited from a strengthened world economy and achieved a strong advance with seaborne cargo throughput up by 9.4 percent. During the first half of the year the Port of Hamburg handled seaborne cargoes totalling 64.1 milli Read More »

Liz Claiborne Inc. renews contract with GT Nexus for cloud supply chain control platform

AJOT | August 21, 2011 | Transport Intermediaries

GT Nexus has announced that fashion apparel and accessories company Liz Claiborne Inc. extended its contract for a supply chain visibility and control platform. Delivered as a cloud service, the platform gives Liz Claiborne the capability to tightly monit Read More »

Vale may float new logistics company

AJOT | August 21, 2011 | Transport Intermediaries

Brazilian iron ore miner Vale is creating a new logistics company that will offer services for the movement of general cargo such as soy and fuel and that it may take public, the newspaper Valor Economico said.

As the world's third-largest mining comp Read More »

APL Logistics operates Kodak’s new cold room facility in India

AJOT | August 21, 2011 | Transport Intermediaries

APL Logistics, a leading third party logistics provider, said it has started running Kodak's Central Distribution Center in Mumbai, India. This houses a newly installed cold room facility for temperature-sensitive products.

APL Logistics converted a Read More »

Leading Canadian cold storage 3PL Westco selects Manhattan Associates

AJOT | August 21, 2011 | Transport Intermediaries

Leading Canadian cold storage third party logistics provider (3PL) Westco has selected solutions from the Manhattan SCALE(TM) product suite from Manhattan Associates (Nasdaq:MANH) to support two distribution centers in Calgary, along with facilities in Sa Read More »

TTS Logistics, Inc. awarded ‘Exhibitors’ Choice’ Award for Best Transportation/Freight Company

AJOT | August 21, 2011 | Transport Intermediaries

TTS Logistics, Inc. was recently named Best Transportation/Freight Company by the Trade Show Exhibitors Association's (TSEA) for the second consecutive year. Winners were announced at TSEA's Red Diamond Gala on August 2, 2011, where the best of the best w Read More »

Agility Q2 earnings drop 57%, beat views

AJOT | August 21, 2011 | Transport Intermediaries

Kuwait's Agility, the logistics firm facing U.S. fraud charges, posted a 57% drop in second-quarter net profit, but still slightly beat forecasts.

Net profit in the three months to June 30 was 7.83 million dinars ($28.7 million), the company said in a Read More »

Kenco to manage additional warehouse for Green Mountain Coffee Roasters

AJOT | August 21, 2011 | Transport Intermediaries

Kenco, a leading provider of integrated logistics solutions, real estate services, and material handling equipment, is pleased to announce a significant expansion of warehouse space managed for Green Mountain Coffee Roasters, Inc. (GMCR) at a new location Read More »

Agility pleads not guilty to U.S. fraud charges

AJOT | August 21, 2011 | Transport Intermediaries

Kuwaiti logistics firm Agility pleaded not guilty to charges it defrauded the U.S. government over multibillion-dollar supply contracts during the war in Iraq, a senior company official said.

The case is politically sensitive in Washington and Kuwait Read More »

Reddaway launches Live Chat

AJOT | August 21, 2011 | Intermodal

Reddaway, a subsidiary of YRC Worldwide Inc. introduces Live Chat, a new, real-time communications channel for easy and convenient access to its customer service representatives. Live Chat is an Internet service that enables electronic conversations betw Read More »

RailAmerica development efforts to add carloads, grow local businesses

AJOT | August 21, 2011 | Intermodal

In the first six months of 2011, thirty-four customers have announced plans to build, expand or re-open facilities on RailAmerica railroads. When completed over the next 12-to-18 months and operating at full production, the thirty-four projects are expect Read More »

New Penn Motor Express, Inc. celebrates 80th Anniversary

AJOT | August 21, 2011 | Intermodal

New Penn Motor Express, Inc., a subsidiary of YRC Worldwide Inc. celebrates its 80th anniversary serving the next-day LTL transportation needs of customers in the Northeast.

Founded in 1931 by Cloyd F. Erdley and Henry R. Arnold, the partners started Read More »

Opening of the UK to European sized rail freight celebrated with locomotive naming

AJOT | August 21, 2011 | Intermodal

The opening of the UK to the operation of regular European sized freight trains on High Speed 1 was on August 17th, celebrated by the naming of a high speed freight locomotive.

The naming ceremony took place at DB Schenker Rail's Channel Tunnel depot Read More »

US infrastructure woes: A roadblock to growth

AJOT | August 21, 2011 | Intermodal

Long famous for its top-notch highways and passion for cars, the United States is letting bridges rust as traffic chokes overburdened roads, threatening a pillar of its economic strength.

A prime example of this neglect is the Brent Spence Bridge over Read More »

Old Dominion Freight Line to expand its presence in Indianapolis

AJOT | August 21, 2011 | Intermodal

Mayor Greg Ballard joined executives from Old Dominion Freight Line Inc. has announced a major expansion of the company's regional hub in Indianapolis.

Old Dominion will invest nearly $22 million to upgrade and enhance its existing facility at 3915 W. Read More »

Insource saves clients over $1 Billion on parcel shipping

AJOT | August 21, 2011 | Intermodal

Insource Spend Management Group, a leading provider of third party rate negotiation services, announced it has hit a milestone of exceeding $1 billion in parcel savings for its clients. Many Fortune 500 clients have individually saved tens of millions by Read More »

FTR Shippers Condition Index improves slightly

AJOT | August 21, 2011 | International Trade

FTR Associates' Shippers Condition Index (SCI) as reported in the August Shippers Update edged up in June to a current reading of -3.1. The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environm Read More »

China Mobile talking to Apple on iPhones

AJOT | August 21, 2011 | International Trade

China Mobile said it hoped to launch Apple iPhones soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations.

The world's largest mobile operator by subscribers said it has met with Apple chief e Read More »