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Evergreen enters agreement with Wan Hai Lines

AJOT | February 24, 2009 | Liner Shipping

Evergreen Line has reached an agreement with Wan Hai Lines to exchange slots on Evergreen's NSA/NSB services, as well as Wan Hai's KSS/KVS services. Read More »

Grande Ghana, visits Port of Hamburg on maiden voyage

AJOT | February 24, 2009 | Liner Shipping

At the beginning of this week a ConRo vessel of the shipping company Grimaldi Lines was handled in Hamburg for the first time on its maiden voyage. This third new addition to its regular service between Hamburg and the West African ports shows the Grimald Read More »

Premium Article  Light at the end of the tunnel: How far off is economic recovery for the American shipper?

George Lauriat | February 22, 2009 | International Trade

The gap in our economy is between what we have and what we think we ought to have.” - Paul Heyne, US economist-educator Read More »

Premium Article  Consumer goods, especially apparel, reveal trade shifts

Karen Thuermer | February 22, 2009 | International Trade

Consumer spending is considerably down, but that does not mean all is doom and gloom at US seaports where consumer products are concerned. What is a concern, says Robin W. Lanier, executive director of the Waterfront Coalition in Washington, DC, is a pro- Read More »

Premium Article  TOP NORTH AMERICAN SHIPPERS 2009 - Worldwide recession, US protectionism worry equipment shippers

Peter Buxbaum | February 22, 2009 | Breakbulk & Projects | International Trade

The paradox could not be more dramatic. On January 26, Caterpillar Inc. announced record sales and revenues of $51.324 billion for 2008, up 14% from 2007, representing the company’s sixth consecutive year of record sales and revenues. Yet on the very same Read More »

Premium Article  TOP NORTH AMERICAN SHIPPERS 2009 - Cotton export volumes to decline significantly

Paul Scott Abbott | February 22, 2009 | International Trade

A year ago, US cotton exporters were trying to overcome a shortage of containers for shipping their product overseas. That’s no longer a concern – and that, in itself, is good news. Read More »

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 »

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