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Holiday shipping up in the air in weak US economy

AJOT | September 13, 2010 | International Trade

Toy store owner Eric Masoncup is playing a high-stakes game as he readies holiday orders in this shaky U.S. economy: If he delays too long, he will not only pay higher costs to fly in goods, he risks late deliveries in the last-minute crush. Read More »

China seeks to avoid shouting matches with US

AJOT | September 13, 2010 | International Trade

China wants to quell tensions with the United States through quiet talk, not shouting matches, senior officials told White House advisers, saying the two powers should focus on repairing the global economy.

The Chinese officials made the conciliatory Read More »

EU, US suspend tariff dispute, no sanctions yet

AJOT | September 13, 2010 | International Trade

The World Trade Organisation halted arbitration between the United States and European Union after the two sides requested more time to resolve an import tariff dispute without sanctions.

The suspension gives the U.S. up to a year to fulfill its side Read More »

Brazilian mouse made US elephant run on trade

AJOT | September 13, 2010 | International Trade

Brazilian President Luiz Inacio Lula da Silva boasted of having won trade disputes against the United States and likened his country to a mouse that scared an elephant.

"We had a fight with the United States in the WTO on cotton and we won. We had a f Read More »

Steel imports increase in July

AJOT | September 13, 2010 | International Trade

Imports increased 18.6% in July compared to June according to preliminary government reporting. 'The increased arrivals in July over June reflect improved market conditions in the second quarter when prices were strengthening and lead times stretching ou Read More »

Union urges US action on China clean-energy tactics

AJOT | September 13, 2010 | International Trade

The United Steelworkers union accused China of illegal trade practices that threaten U.S. clean energy jobs and urged President Barack Obama's administration take action to stop them. Read More »

UPS cargo plane crashes in Dubai, two killed

AJOT | September 13, 2010 | Air Cargo

A Boeing 747-400 cargo plane operated by United Parcel Service Inc crashed shortly after takeoff into a military compound near Dubai's airport, killing two crew members, authorities said. Read More »

New Nairobi handling facility confirms first two customers

AJOT | September 13, 2010 | Air Cargo

Emirates SkyCargo and Nairobi-based Astral Aviation will be the first airlines to be handled through the new Transglobal Cargo Centre on-airport facility at Nairobi's Jomo Kenyatta International Airport. Read More »

Marnell Air Cargo Center at McCarran International Airport slated to open early October 2010

AJOT | September 13, 2010 | Air Cargo

Executives atMarnell Properties, a leading Las Vegas-based real estate development company, announced the Marnell Air Cargo Center located at one of the nation's busiest airports, McCarran International Airport, is on-schedule and slated to open early Oct Read More »

Air cargo demand to slow from post-recession surge

AJOT | September 13, 2010 | Air Cargo

Demand for air freight, a leading indicator for the strength of world trade, is set to slow in the rest of 2010 and through 2011, the International Air Transport Association said.

In a snapshot of the cargo industry, IATA said air freight mar Read More »

DB Schenker Logistics invests more than ‘45m in Greater Helsinki

AJOT | September 13, 2010 | Air Cargo

New location for land transport near the airport
With an investment volume of more than EUR 45 million, DB Schenker Logistics is building its new hub and corporate office for Finland in Vantaa, near the airport, in the northern suburbs of He Read More »

Lufthansa Cargo with new Chief Information officer in November

AJOT | September 13, 2010 | Air Cargo

Dr. Roland Sch'tz (42) is taking over as Chief Information Officer at Lufthansa Cargo AG with effect from November. Dr. Sch'tz, currently Chief Operating Officer Infrastructure Services at Lufthansa Systems succeeds Silke Lehnhardt (46). After 22 years a Read More »

Air China says to buy four Boeing planes for $1.2 blllion

AJOT | September 13, 2010 | Air Cargo

Air China Ltd said it had agreed to buy four 777-300ER aircraft from Boeing for a total basic price of $1.15 billion to expand fleet capacity. Read More »

Ocean World Lines opens new office in Singapore

AJOT | September 13, 2010 | Liner Shipping

Ocean World Lines (OWL), a global door-to-door and end-to-end NVOCC, is opening a new office in Singapore in line with its expanding presence in the Asia-Pacific region. Read More »

TUI eyes Hapag IPO

AJOT | September 13, 2010 | Liner Shipping

German tourism group TUI is preparing to float its 43 percent stake in container shipping group Hapag-Lloyd as a first step in a strategic reshuffle, company and financial sources said.

The process is expected to lead to combining TUI and listed Briti Read More »

Crowley opens Customs bonded warehouse in Panama

AJOT | September 13, 2010 | Liner Shipping

Crowley's distribution center network in Panama, also known as Trailmovil, SA, last week opened a new Customs bonded warehouse facility to provide the Panamanian market with storage and cargo handling that focuses on proper treatment and security. The fac Read More »

EU seals deal on Pakistan trade breaks

AJOT | September 09, 2010 | International Trade

European Union leaders agreed to grant limited trade concessions to Pakistan to help it overcome the impact of devastating floods and maintain political stability, diplomats said.

Pakistan will receive an "immediate and time-limited reduction Read More »

Dockwise announces $37 Million in heavy marine transport and engineering awards

AJOT | September 02, 2010 | Breakbulk & Projects

Dockwise Ltd. announces 12 awards for Heavy Marine Transport (HMT) and engineering projects that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of almost USD 37 million.

Dockwise was awarded an engi Read More »

Kazakhstan diversifies grain export markets

AJOT | September 02, 2010 | Breakbulk & Projects

Kazakhstan, the world's seventh-largest wheat exporter last season, has invested heavily in its grain infrastructure to increase access to new markets and reduce its dependence on expensive supplies across Russia.

Kazakh grain, though of high Read More »

GAC boosts presence in the Baltic Sea region with acquisition of leading Finnish ship agency

AJOT | September 02, 2010 | Breakbulk & Projects

The GAC Group has strengthened its Baltic Sea region coverage with the amicable acquisition of leading Finnish ship agent, John Nurminen Navis Oy (JNN). Read More »

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