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Atlas Air Q1 beats, says year to top estimates

AJOT | May 09, 2010 | Air Cargo

Cargo carrier Atlas Air Worldwide Holdings Inc posted higher-than-expected quarterly profit and forecast full-year profit above current Wall Street estimates. Read More »

Dubai sees 48% rise in air cargo traffic by 2015

AJOT | May 09, 2010 | Air Cargo

Dubai Airports, the company overseeing airport projects in the emirate, expects a 48 percent rise in cargo traffic by 2015, partly due to improving economic conditions, it said. Read More »

Airline finances starting to look up, IATA says

AJOT | May 09, 2010 | Air Cargo

Airlines are faring better financially this year, with share prices and fares up, despite the volcanic ash that caused hardship in April, global airlines body IATA said. Read More »

American Airlines Cargo boosts frequency and capacity from Ireland

AJOT | May 09, 2010 | Air Cargo

American Airlines (AA) has increased flights from Dublin to Chicago from four times per week to daily, in its summer schedule. Read More »

CMA CGM carries works of art for Shanghai World Expo

AJOT | May 09, 2010 | Liner Shipping

As part of the Shanghai World Expo, the CMA CGM Group has shipped 5 works of art on behalf of the JGM Gallery specialized in contemporary sculpture. Four sculptures were transported aboard the CMA CGM FIDELIO between Zeebrugge and Shanghai on the French A Read More »

Fourth Asia’Europe service operated by the Grand Alliance and New World Alliance from Hamburg

AJOT | May 09, 2010 | Liner Shipping

The inaugural arrival on April 28th 2010 at the Port of Hamburg meant that the number of Far East'Northern Europe liner services operated by the 'Grand Alliance' ' a consortium of the shipping companies Hapag-Lloyd, NYK and OOCL ' once again totals four. Read More »

After a year shaped by global crisis, CMA CGM returns to profit

AJOT | May 09, 2010 | Liner Shipping

The Board of Directors of France-based CMA CGM, the world's third largest container shipping group, recently met under the chairmanship of M. Jacques R. Saad' to review the financial statements for the year ended December 2009.

In a container Read More »

Maersk Line partners with Aqualife to transport shellfish by container from Canada to EU

AJOT | May 09, 2010 | Liner Shipping

With the arrival of the Maersk Palermo on May18, Maersk Line returns for a weekly call to Halifax, Nova Scotia at Halterm with a new exciting technology inside some of its containers 'aquariums which will hold live seafood to be transported from Canada to Read More »

DB Schenker Rail Polska S.A. trebles the volume of coal carried from Russia to Poland

AJOT | April 29, 2010 | Breakbulk & Projects

By the end of April, DB Schenker Rail Polska S.A. will have trebled the freight volume of coal transported from Brest in Belarus to Warsaw on behalf of Vattenfall S.A. The freight, which is carried in cooperation with the Russian railways (RZD) and the Be Read More »

Intermare appointed commercial agent by Intermarine

AJOT | April 29, 2010 | Breakbulk & Projects

Intermare S.p.A., Italy's leading shipping agency will represent all services for Intermarine's flagship line, Industrial Maritime Carriers, in the Italian market. The appointment of Intermare represents a further expansion of Intermarine in the European Read More »

Heavy cranes for the US by Albacor Shipping

AJOT | April 29, 2010 | Breakbulk & Projects

Albacor Shipping USA, Member of the Worldwide Project Consortium WWPC, recently handled the shipment of two Cranes each 420 metric tons of weight and with dimensions of each 34 x 12.5 x 23.5 meter from the Port of Vlissingen in the Netherlands to Corpus C Read More »

GAC successfully brought world-class sailing boats to Bahrain’s 2nd Boat Show International

AJOT | April 29, 2010 | Breakbulk & Projects

Leading shipping, logistics and marine services provider, GAC Bahrain announces the successful completion of all the logistical requirements for the Bahrain 2nd Boat Show International (BSSI) ' where they were appointed the Official Logistics Provider for Read More »

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 »

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