DB Schenker Rail is on track for growth and a higher share in the European transportation market

AJOT | May 12, 2011 | Intermodal

With growth of 9 percent compared with the previous year, the first quarter has been successful for DB Schenker Rail, the rail freight business unit of Deutsche Bahn. "In revenues DB Schenker Rail has grown by 11 percent compared to the first quarter of 2 Read More »

Old Dominion opens new container drayage facility in Tennessee

AJOT | May 12, 2011 | Intermodal

Old Dominion Freight Line Inc. announced the opening of a new container drayage site in Memphis, TN. This new operation will serve all rail heads in the Memphis area and will offer pick-up and delivery to any point in the continental United States. Read More »

Con-way Freight named 2010 Carrier of the Year by ENACT, LLC

AJOT | May 12, 2011 | Intermodal

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc., announced it has been recognized as 2010 Carrier of the Year by ENACT, LLC, a transportation technology and third-party logistics provider serving North America. ENACT pr Read More »

DB Schenker Rail links Tata Steel works in Wales and the Netherlands

AJOT | May 12, 2011 | Intermodal

On behalf of the worldwide operating steel producer Tata Steel, DB Schenker Rail has set up a shuttle service connecting the company's steel works in IJmuiden, the Netherlands, with the works in Llanwern, Wales (UK).

The trains, with a total weight of Read More »

CN makes network investments in Alberta rail corridors

AJOT | May 12, 2011 | Intermodal

CN has announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification fa Read More »

Botswana trade deficit at record high in February

AJOT | May 12, 2011 | International Trade

Botswana's trade deficit widened to a record high of 2.25 billion pula (US$335 million) in February on a sharp fall in diamond and beef exports, Statistics Botswana said.

Statistics Botswana said the trade shortfall widened from 197 million pula in Ja Read More »

China rules US carmakers are guilty of dumping

AJOT | May 12, 2011 | International Trade

China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its carmakers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties.

That decision could ease fractious U.S.- Read More »

Italy steel exports lag imports Jan-Feb-Federacciai

AJOT | May 12, 2011 | International Trade

Steel exports from Italy, the European Union's No. 2 producer after Germany, rose 15 percent year-on-year to 2.724 million tons in the first two months of 2011, lagging behind surging import volumes, industry data showed.

Total steel imports into Ital Read More »

Taiwan April exports jump; Japan demand recovers

AJOT | May 12, 2011 | International Trade

Taiwan's exports grew faster than expectations in May, buoyed by demand for the island's hi-tech gadgets and machinery, with strong growth in exports to the U.S. and exports to Japan rebounding in a sign that its major quake in March may have had less imp Read More »

BMW to invest $1.4 blllion in China to tap Asia growth

AJOT | May 12, 2011 | International Trade

BMW said it will invest around 1 billion euros ($1.44 billion) to expand production capacity in China as it seeks to capture surging sales growth in the world's biggest auto market.

BMW is almost doubling its initially planned investment and productio Read More »

Bangladesh April exports surge 46% on apparel sales

AJOT | May 12, 2011 | International Trade

Bangladesh's exports surged 45.56 percent in April from a year earlier to $2.036 billion, boosted by ready-made garments sales, helped by a continuing shift in production from China to the lower-cost South Asian country.

Exports for July to April, the Read More »

GE sees SE Asia sales rising, to invest $1 blllion

AJOT | May 12, 2011 | International Trade

General Electric Co , the largest U.S. conglomerate, sees revenues from Southeast Asia rising as much as 30 percent this year and expects investment in the region of at least $1 billion in the next three years.

GE, the world's largest maker of jet eng Read More »

China extends anti-dumping duties on synthetic rubber

AJOT | May 12, 2011 | International Trade

China said it would extend for five years existing anti-dumping duties on a type of synthetic rubber imported from Japan, the European Union and the United States.

China's Ministry of Commerce said duties on imported neoprene, originally imposed in 20 Read More »

New EU trade plan attracts broad internal criticism

AJOT | May 12, 2011 | International Trade

The European Union's trade chief has proposed opening the EU to more imports from developing countries, fuelling a debate about protectionism and the bloc's ties with trade partners such as Pakistan.

Trade Commissioner Karel De Gucht's office has prop Read More »

Lufthansa Cargo CEO says prices could rise in 2011

AJOT | May 12, 2011 | Air Cargo

Lufthansa Cargo Chief Executive Karl Ulrich Garnadt believes prices paid to transport goods by air could increase from the autumn if the global economic recovery continues.

"At the moment though, we are not seeing rising freight prices," he told journ Read More »

Brazil government may fund TAM stake in Portugal’s TAP

AJOT | May 12, 2011 | Air Cargo

Brazil's government may finance the acquisition of a stake in Portugal's troubled state airline TAP by domestic air carrier TAM, a government source told Reuters.

TAP and several other state companies are slated for privatization this year as part of Read More »

Transportation credential a dangerous & expensive security experiment

AJOT | May 12, 2011 | Air Cargo

The U.S. Government Accountability Office (GAO) released a scathing report that exposes serious security weaknesses and years-long delays in a program to fully implement a Transportation Worker Identification Credential (TWIC). TWIC is intended to protect Read More »

Camair, Cameroon’s new national airline, awards GSA contract to ECS Group

AJOT | May 12, 2011 | Air Cargo

Camair, the new national airline of the Republic of Cameroon, has signed a worldwide cargo general sales agency contract with ECS Group.

EFIS AIR, the Paris-based subsidiary of ECS, will manage the Camair contract.

Camair launched operations at th Read More »

time:matters expands network in Spain to include Santiago de Compostela

AJOT | May 12, 2011 | Air Cargo

time:matters, the expert for global Special Speed Logistics which is part of the Lufthansa Group, expands its sameday air station network to include another European location. Effective immediately, additional direct connections for particularly urgent sh Read More »

OAG Cargo targets growth in Eastern Europe with appointment of new GSA partner

AJOT | May 12, 2011 | Air Cargo

OAG Cargo is seeking new business opportunities in Eastern Europe for its leading decision support tools for the air cargo industry with the appointment of DAEDALUS Sales & Marketing Consultants as its general sales agent in the region.

OAG Cargo's po Read More »