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Premium Article  BREAKBULK QUARTERLY 2009 - Flagging steel markets bring on protectionism battle

Peter Buxbaum | February 22, 2009 | Breakbulk & Projects

As recently as mid-November 2008, the US steel industry was reporting record profits. Then the effects of the economic meltdown began to be felt and the bottom fell out of the steel market. Factory orders hit a 28 year low in December, while auto sales de Read More »

Premium Article  BREAKBULK QUARTERLY 2009 - Cocoa: It’s a sweet trade

Karen Thuermer | February 22, 2009 | Breakbulk & Projects

Oh for that magnificent cocoa bean, the gift of the gods that is churned into delectable chocolate! Americans adore all cocoa-made products. And, besides being the staple ingredient of every heart-shaped box handed to a beloved on Valentine’s Day, the nam Read More »

ILA-USMX joint statement on Orlando meetings

AJOT | February 22, 2009 | Breakbulk & Projects

The International Longshoremen's Association, AFL-CIO (ILA) and United States Maritime Alliance, Ltd. (USMX) concluded three days of initial Master Contract negotiations in Orlando, Florida. The current Master Contract runs until September 30, 2010. Read More »

Expanded CSAV/LIBRA service at Port Everglades

AJOT | February 22, 2009 | Breakbulk & Projects

Direct shipments from South America's east coast are arriving through Port Everglades via a renewed service from CSAV/LIBRA's Usatlan service. This is the second ocean shipping service in two months to begin direct service between Port Everglades and Braz Read More »

Charleston expansion advances ’ major construction project out for bid

AJOT | February 22, 2009 | Breakbulk & Projects

A major new construction project for the South Carolina State Ports Authority's (SCSPA) new facility at the former Navy Base in the Port of Charleston is now out for public bid. Read More »

IES, Ltd., celebrates 20th anniversary with dramatic growth

AJOT | February 22, 2009 | Transport Intermediaries

IES, Ltd., a leader in software for the transportation industry, has seen significant growth over the past 12 months exceeding expectations. The recent influx of new clients coincides with IES's 20th anniversary. Read More »

Logistics transportation coverage . . . better and broader terms

AJOT | February 22, 2009 | Transport Intermediaries

The evolution of transportation and logistics has brought new challenges to the insurance industry. After some initial inactivity, there are a number of insurers now offering a variety of improved coverages that more adequately respond to the unique trans Read More »

DHL delivered the love this Valentine’s Day

AJOT | February 22, 2009 | Transport Intermediaries

DHL exported a wide range of flowers this year from Latin America to customers in the US and around the world this Valentine's Day season. A combination of vibrant roses, lilies, sunflowers, heliconias, birds of paradise, alstroemerias, hypericum, statis Read More »

Genesee & Wyoming reports Q4 2008

AJOT | February 22, 2009 | Intermodal

Genesee & Wyoming Inc. (GWI) reported net income in the fourth quarter of 2008 of $25.3 million, compared with net income of $13.9 million in the fourth quarter of 2007. GWI's diluted earnings per share (EPS) in the fourth quarter of 2008 were $0.70 with Read More »

CN, Norfolk Southern MidAmerica Corridor initiative

AJOT | February 22, 2009 | Intermodal

CN and Norfolk Southern Corporation announced an initiative to create a "MidAmerica Corridor" in which the railroads will share track between Chicago, St. Louis, Kentucky, and Mississippi to establish shorter and faster routes for merchandise and coal tra Read More »

Canada keeps WTO option open on US meat rules

AJOT | February 22, 2009 | International Trade

Canada would revive a trade complaint against the United States if Washington chose to reinstate country-of-origin meat labeling rules that Ottawa considers protectionist, Agriculture Minister Gerry Ritz said. Read More »

WTO urges Japan to continue structural reforms

AJOT | February 22, 2009 | International Trade

Japan must continue structural reforms to reduce the cost of doing business and make itself a more attractive destination for investment, the World Trade Organization (WTO) said. Read More »

S.Korea revised Jan. exports down record 33.8%

AJOT | February 22, 2009 | International Trade

South Korean exports in January performed worse than initially estimated as revised figures from the customs agency showed overseas shipments for the month dropped a record 33.8% from a year earlier. Read More »

Euro zone Dec. trade gap points to weakening demand

AJOT | February 22, 2009 | International Trade

The euro zone had a much smaller than expected trade gap in December as imports shrank more quickly than exports, data showed, pointing to falling domestic demand as the euro area sinks deeper into recession. Read More »

Emirates SkyCargo leads the way in e-freight uptake

AJOT | February 22, 2009 | Air Cargo

In December Emirates SkyCargo became the first e-freight-compliant carrier in the Middle East. Today, having successfully handled more than 1,000 e-freight shipments, it is the leading airline worldwide in terms of the number of e-freight consignments car Read More »

DB Schenker expanding temperature controlled services on a global basis

AJOT | February 22, 2009 | Air Cargo

Schenker AG has recently signed a Global Master Lease Agreement with Envirotainer AB, a Sweden-based provider of active temperature-controlled air cargo containers, and is expanding its offering in the field of temperature controlled service. DB Schenker Read More »

H’egh Autoliners announces Galveston, TX new port of load for Eastern Med, Mideast

AJOT | February 22, 2009 | Liner Shipping

H'egh Autoliners, Inc. has added the Port of Galveston as a load port for the US Middle East Service. Vessels will call Galveston twice a month with port calls in the Middle East including Abu Dhabi, Aqaba, Bahrain, Beirut, Dammam, Doha, Jebel Ali, Jedda Read More »

TSA withdraws capacity program discussion amendment

AJOT | February 22, 2009 | Liner Shipping

Transpacific container shipping lines have advised the Federal Maritime Commission that they will not pursue an amendment to the Transpacific Stabilization Agreement (TSA) that would allow them to discuss potential vessel capacity program options in the A Read More »

AXS-Alphaliner has released a new report on China’s container ports

AJOT | February 19, 2009 | Ports & Terminals

AXS-Alphaliner has released a new report on China's container ports highlighting the significant over-capacity issue that port operators will face as new capacity expansion continues unabated despite a sharp decline in demand. Read More »

Port of Longview, RSG reach property agreement

AJOT | February 19, 2009 | Ports & Terminals

After several months of negotiating, the Port of Longview Board of Commissioners approved a settlement agreement and option to purchase real estate with RSG Forest Products. The agreement grants the Port an option to acquire the last piece of property nee Read More »

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