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RailAmerica could make $300 - $400 mlllion buy

AJOT | March 14, 2010 | Intermodal

RailAmerica , a short-line railroad operator, has the ability to make an acquisition in the range of $300 million to $400 million but few assets that big are on the market, so it is looking at smaller deals instead, its chief executive said.

Read More »

AAR reports monthly carload declines slow in February 2010

AJOT | March 14, 2010 | Intermodal

The Association of American Railroads (AAR) reported that in February 2010, U.S. freight railroads saw a 1.5 percent decline in carloads compared with the same month last year and a decline of 15.6 percent compared with the same month in 2008. Read More »

New railway links north and south Sudan

AJOT | March 14, 2010 | Intermodal

Sudan on Thursday inaugurated a railway linking the north and south for the first time since decades of civil war ripped Africa's largest country apart.

Officials said the railway will provide a crucial economic link and lower commercial tran Read More »

U.S. lawmakers launch push to repeal NAFTA

AJOT | March 14, 2010 | International Trade

A small group of U.S. lawmakers unveiled legislation to withdraw from the North American Free Trade Agreement in the latest sign of congressional disillusionment with free-trade deals. Read More »

US Senator urges Haiti trade bill, benefit reform

AJOT | March 14, 2010 | International Trade

Senate Finance Committee Chairman Max Baucus threw his weight behind calls for an expansion of U.S. trade benefits to help Haiti rebuild its clothing sector after its devastating earthquake.

"We must lend a hand. We must assist Haiti's earthq Read More »

U.S. cannot take Google row to WTO

AJOT | March 14, 2010 | International Trade

The United States would not have any standing to bring a case against Chinese internet restrictions to the World Trade Organization, a Chinese adviser on WTO strategy said in an opinion piece.

U.S. trade officials had asked for more informati Read More »

Brazil details US cotton retaliation, wants accord

AJOT | March 14, 2010 | International Trade

Brazil detailed its planned retaliation against the United States over U.S. cotton subsidies but said Washington still had a chance to settle the trade dispute through negotiations.

The Brazilian government published a list of U.S. goods subj Read More »

Obama presses China on currency in trade speech

AJOT | March 14, 2010 | International Trade

U.S. President Barack Obama pressed China to move to a "more market-oriented exchange rate" in a speech where he laid out a plan to boost U.S. exports in the coming years. Read More »

US jury awards Whirlpool $1.78 mlllion in LG suit

AJOT | March 14, 2010 | International Trade

Whirlpool said it was awarded $1.78 million in monetary damages after a U.S. jury found certain refrigerators made by its Korean rival LG Electronics had infringed a Whirlpool patent. Read More »

Obama outlines strategy to boost exports

AJOT | March 14, 2010 | International Trade

President Barack Obama, anxious to spur growth and cut high unemployment, laid out a plan to double U.S. exports through tougher enforcement of trade laws, increased government advocacy and more credit assistance for small and medium-sized companies. Read More »

US trade prospects with the CIS hinge on agreements

AJOT | March 14, 2010 | International Trade

There is great potential for a 'new' boom in US trade with the CIS. In the five years leading up to 2008, trade with the CIS surged. In 2009, with the global recession, US-CIS trade stalled. Reviving the impetus of five years ago may take a little time Read More »

Volga-Dnepr prepares for delivery of third new IL-76TD-90VD

AJOT | March 14, 2010 | Air Cargo

A third new generation IL-76TD-90VD freighter will join Volga-Dnepr Airlines' commercial fleet in April 2010, taking Volga-Dnepr Group's investment in the modernized aircraft to over US$90 million. Read More »

Innovative technology premieres in Hamburg

AJOT | March 14, 2010 | Air Cargo

The first paperless, or eFreight, cargo shipments have been sent from Hamburg Airport. Emirates SkyCargo last week became the first carrier to send eFreight shipments from northern Germany's busiest cargo airport. The shipments were bound for Dubai. Read More »

Volga-Dnepr Group launches Engineering and Logistics Center

AJOT | March 14, 2010 | Air Cargo

Volga-Dnepr Group has launched a new Engineering & Logistics Center (ILC) to focus on the creation of tailored services for complex worldwide transportation logistics projects. Read More »

Air France Cargo-KLM Cargo choose OAG Cargo with buying decisions

AJOT | March 14, 2010 | Air Cargo

Air France Cargo-KLM Cargo are now publishing all air cargo rates on OAG Cargo's Air Freight Rates (AFRA) application to help freight forwarders make the most informed buying decisions to over 144 markets worldwide.

The airlines have establis Read More »

BA, American, Iberia offer EU concessions

AJOT | March 14, 2010 | Air Cargo

British Airways, American Airlines and Spain's Iberia have offered to cede a number of lucrative trans-Atlantic slots in a bid to gain EU antitrust immunity for their alliance.

But rival Virgin Atlantic said the proposals were "woefully inade Read More »

Coyne Airways extends Iraq coverage as exclusive sales agent for Rus Aviation

AJOT | March 14, 2010 | Air Cargo

Coyne Airways has been appointed as the exclusive sales agent in the UK and Ireland for RUS Aviation, giving freight forwarders direct access to the most extensive route network into Iraq.

Coyne first launched neutral air cargo services into Read More »

Qatar Airways’ fleet size rises to 80 aircraft

AJOT | March 14, 2010 | Air Cargo

Qatar Airways celebrated another milestone in its remarkable short history announcing its fleet size has grown to 80 aircraft - double the size of five years ago.

The airline has inducted its 15th Boeing 777 into the fleet and maintains a del Read More »

Hactl announces February tonnage throughput

AJOT | March 14, 2010 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) today released its tonnage throughput for February 2010. A total of 180,033 tons were handled in the month, representing a strong year-on-year growth of 34.7%. Cumulative tonnage for the first two months of th Read More »

Qantas Freight joins Cargo 2000

AJOT | March 14, 2010 | Air Cargo

Qantas Freight announced that it would join Cargo 2000, the air freight industry's premier quality management program as an associate member.

Qantas Freight Head of Commercial, Mr Theo Triantafillides, said membership of Cargo 2000 would help Read More »

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