Wise elected Long Beach Harbor Commission President

AJOT | June 27, 2011 | Ports & Terminals

Susan E. Anderson Wise was elected President of the Long Beach Board of Harbor Commissioners on June 27 by her fellow commissioners as part of the commission’s annual board officers selection.

Wise, who was appointed to the Harbor Commission in 2008, Read More »

APM Terminals exec sees growth in Latin America

AJOT | June 27, 2011 | Ports & Terminals

Executives at APM Terminals, one of the world's top port operators, said they are investing heavily in Latin America because the region's pace of growth in container traffic trails only China.

It is investing $1.7 billion in two new projects in Latin Read More »

Revised standards keep Ohio, Columbus Region competitive in the logistics industry

AJOT | June 27, 2011 | Transport Intermediaries

The logistics industry in central Ohio scored a major victory recently, as the Ohio Board of Building Standards changed its originally proposed regulations limiting exit distances in warehouses and distribution facilities. This revision allows the logisti Read More »

ATA truck tonnage index fell 2.3% in May

AJOT | June 27, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 2.3% in May after decreasing a revised 0.6% in April 2011. April's drop was slightly less than the 0.7% ATA reported on May 25, 2011. The latest d Read More »

Transnet sees new Swaziland rail line in 2-3 years

AJOT | June 27, 2011 | Intermodal

South African freight logistics group Transnet said that a rail line through Swaziland could happen within two to three years.

Transnet has been looking at ways to free up capacity on its main export line leading to Richards Bay Coal Terminal. Read More »

Saudi railways to link Dammam, Jubail to mines

AJOT | June 27, 2011 | Intermodal

Saudi Arabia plans to link its industrial city of Jubail and Dammam port to a network that connects to mining centres, the head of the company that is overseeing the railway said.

"We are preparing the design and tendering documents and will soon tend Read More »

South Korea to resume imports of Canada beef after 8-year gap

AJOT | June 27, 2011 | International Trade

South Korea said it will resume imports of Canadian beef suspended in 2003 after an outbreak of mad cow disease, agreeing to allow meat from cows younger than 30 months old.

A wider choice of beef imports may help tame inflation in Asia's fourth-large Read More »

WTO rules against Philippines’ spirits tax

AJOT | June 27, 2011 | International Trade

Taxes levied by the Philippines on alcoholic drinks from the European Union and United States are illegal under global trade rules, the world's trade dispute body ruled on Monday, according to sources close to the case. Read More »

Aerolineas StarPeru expands into regional freight operations with purchase of BAe 146 QT

AJOT | June 27, 2011 | Air Cargo

Fast-growing Aerolineas StarPeru is adding a BAe 146QT (Quiet Trader) freighter to its fleet of nine passenger BAe 146s and plans to introduce regional freighter operations in Peru.

The aircraft has been purchased from UK airline Titan Airways under a Read More »

DHL enhances online services to simplify global trade

AJOT | June 27, 2011 | Air Cargo

DHL, the world's leading logistics company, has enhanced two of its popular online resources to help customers better navigate the complexities of international trade, simplify online shipping and take advantage of the most powerful international express Read More »

Hainan Airlines to launch China-Russia route

AJOT | June 27, 2011 | Air Cargo

Hainan Airlines is to launch regular flights between China's northern region of Inner Mongolia and Russia next week, the official Xinhua news agency reported.

The new service between Manzhouli and Russia's Chita will operate on Thursdays and Sundays, Read More »

Singapore Air, pilots head to arbitration court over pay

AJOT | June 27, 2011 | Air Cargo

Singapore Airlines (SIA) and its pilots union are taking their salary dispute to the country's Industrial Arbitration Court (IAC), the company confirmed.

The dispute involves the parent airline, the world's second-largest carrier by market value, and Read More »

MOL to expand large-scale containership fleet

AJOT | June 27, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced a decision to order two containerships (8,600 TEU) from Mitsubishi Heavy Industries, Ltd., with delivery slated for 2013. Along with eight 8,100 TEU ships already in operation, the new vessels will be deployed to Read More »

NOL Group confirms order for 12 new ships

AJOT | June 27, 2011 | Liner Shipping

NOL Group today confirmed it has signed contracts with Korea's Daewoo Shipbuilding & Marine Engineering Co. and Hyundai Samho Heavy Industries Co., Ltd to build 12 new container vessels, including ten of its largest and most efficient vessels.

The con Read More »

NOL carries 7% more cargo in 4 weeks

AJOT | June 27, 2011 | Liner Shipping

Neptune Orient Lines (NOL), the world's seventh-largest container shipping firm, said on Monday it carried 7 percent more cargo in the four weeks to June 3 from a year ago, helped by higher volumes on intra-Asia and Asia-Europe routes.

NOL carried 228 Read More »

Maersk Line contracts additional 10 Triple-E vessels

AJOT | June 27, 2011 | Liner Shipping

At a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea's Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships, the world's largest and most efficient container vessels.

The event follo Read More »

US scrap exports surge to $3.36 billion in April 
to highest level ever

AJOT | June 26, 2011 | Breakbulk & Projects

The Institute of Scrap Recycling Industries, Inc. (ISRI), cited new U.S. Census Bureau data showing that by value, total scrap exports in the United States surged to $3.36 billion in April 2011, beating the prior record of $3.28 billion set in July 2008. Read More »

China’s raw material imports tell their own story

AJOT | June 26, 2011 | Breakbulk & Projects

China's full trade report for May sprung few surprises in terms of headline imports of base metals.

As flagged by the preliminary snapshot released earlier this month, net imports of refined copper were weak at 129,000 tons, albeit slightly higher tha Read More »

Diana Shipping announces time charter contract for m/v Arethusa

AJOT | June 26, 2011 | Breakbulk & Projects

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk carriers, the m/v Ar Read More »

Golden Ocean sees better dry bulk market conditions

AJOT | June 26, 2011 | Breakbulk & Projects

Dry bulk freight rates will recover from abysmal levels and are likely to see better conditions than many in the market have forecast, shipper Golden Ocean said.

"Everyone agrees that we have got a period of about 18 months that will be a bit difficul Read More »