Iran says seized ships freed in Singapore

AJOT | January 09, 2011 | Liner Shipping

Three Iranian cargo ships seized in Singapore several months ago due to a financial dispute linked to sanctions on the Islamic Republic have been released, officials said.

"After solving the problems created by Westerners, the Iranian ships which were Read More »

San Miguel evaluating $460 mlllion Manila port facility

AJOT | January 04, 2011 | Ports & Terminals

Philippine conglomerate San Miguel Corp said it was evaluating the viability of constructing an integrated logistics complex in the Manila North Harbor area. Read More »

Port of Long Beach celebrates centennial year

AJOT | January 04, 2011 | Ports & Terminals

This year the Port of Long Beach turns 100 years old. To start the new year and the Centennial celebration, the Port has launched a new website marking a century of progress from humble beginnings to one of the world’s busiest seaports. Read More »

Section of Houston Ship Channel closed, traffic unhurt

AJOT | January 04, 2011 | Ports & Terminals

A small section of the Houston Ship Channel was closed after 15,000 gallons of animal fat spilled from a shore-based storage tank into the waterway but there was no impact on traffic, the U.S. Coast Guard said.

The spill on the conduit to the busiest Read More »

AS&E receives multi-million dollar order for Z Portal Vehicle Screening

AJOT | January 04, 2011 | Ports & Terminals

System from Latin American
American Science and Engineering, Inc., a leading worldwide supplier of innovative X-ray detection solutions, announced that the company has been awarded a multimillion dollar order from a Latin American country fo Read More »

Old Dominion Freight Line announces passing of Yowell, Executive VP & COO

AJOT | January 04, 2011 | Intermodal

Old Dominion Freight Line, Inc. regrets to announce the passing of John B. Yowell, the Company's Executive Vice President and Chief Operating Officer, on December 30, 2010. A 27-year employee of Old Dominion, Mr. Yowell had served in his current position Read More »

UPS to spend $100 mlllion on new healthcare facilities

AJOT | January 04, 2011 | Intermodal

United Parcel Service plans to open four new global healthcare distribution centers, driven by rapid demand from pharmaceutical, biotech and medical device companies.

The world's largest package delivery company said it expects to spend $100 million t Read More »

Southeastern Freight Lines launches Southeastern Logistics Solutions

AJOT | January 04, 2011 | Intermodal

Southeastern Freight Lines is launching a new subsidiary, Southeastern Logistics Solutions, that will provide expedited service and multi-modal transportation services across the nation through strategic capacity partnerships.

Initially, the primary f Read More »

ABF Global expansion reaches into the Dominican Republic with door delivery

AJOT | January 04, 2011 | Intermodal

Continuing its global expansion, ABF' is providing seamless, single-contact door delivery for customers shipping to the Dominican Republic. ABF expanded its Caribbean coverage in response to increased demand for shipping solutions from customers taking ad Read More »

Czech government mulling rail cargo merger

AJOT | January 04, 2011 | Intermodal

The Czech government is considering merging Czech rail cargo unit CD Cargo with its much larger Polish counterpart PKP Cargo in the most ambitious central European railway deal ever, daily Mlada Fronta Dnes reported. Read More »

Israeli polished diamond exports up 48% in 2010

AJOT | January 04, 2011 | International Trade

Israeli exports of net polished diamonds jumped 48.1 percent to $5.8 billion in 2010 as the industry recovered from the global financial crisis and expanded its presence in Asia, the Industry and Trade Ministry said.

The diamond processing sector is o Read More »

Steel imports decline in November NAFTA decline leads the way

AJOT | January 04, 2011 | International Trade

Steel imports declined 5.5 percent in November compared to October. 'Weak market conditions in November affected shipments especially from our NAFTA partner, Mexico. Weak market conditions in late summer/early fall also depressed arrivals from offshore s Read More »

US stresses need to reduce China trade imbalance

AJOT | January 04, 2011 | International Trade

President Barack Obama's national security adviser pressed for efforts to reduce U.S.-China trade imbalances and also discussed ways to rein in North Korea in with China's foreign minister.

Obama, who joined the meeting with Chinese Foreign Minister Y Read More »

Bangladesh exports surge 68% on apparel sales

AJOT | January 04, 2011 | International Trade

Bangladesh's exports in December surged 68 percent to a record $1.988 billion, boosted by ready-made garments sales, the Export Promotion Bureau said.

Exports for July to December, the first half of 2010/11 fiscal year, were up 41 percent at $10.26 bi Read More »

China wants more open German market

AJOT | January 04, 2011 | International Trade

China wants to develop the untapped purchasing power of its domestic consumers and hopes Berlin will support the expansion of Chinese companies in Germany, a top Beijing official said.

Chinese firms should have the chance to further boost some $1 bill Read More »

First Solar sets new pact on China project

AJOT | January 04, 2011 | International Trade

First Solar Inc plans to develop a delayed 30 megawatt solar project in Inner Mongolia with China Guangdong Nuclear Solar Energy Development Co, the companies said. Read More »

Brazil posts 2010 trade surplus of $20.1 billion

AJOT | January 04, 2011 | International Trade

Brazil posted a trade surplus of $20.1 billion in 2010, outgoing Trade and Industry Minister Miguel Jorge said.

The country's exports reached a record $201.9 billion for the year, he added, speaking at the inauguration ceremony for his successor, Fern Read More »

Singapore GLP to buy 53% of China air cargo firm

AJOT | January 04, 2011 | Air Cargo

Global Logistic Properties (GLP) , part-owned by Singapore sovereign fund GIC, will buy a 53 percent stake in China's Airport City Development Co to tap the country's booming air-cargo logistics business. Read More »

Ocean World Lines opens dedicated air freight office next to Heathrow

AJOT | January 04, 2011 | Air Cargo

Ocean World Lines (OWL), a global door-to-door and end-to-end NVOCC, announced today that it has opened a dedicated OWL Air UK office and warehouse near Heathrow Airport to support its expanding inbound and outbound air freight services between the Far Ea Read More »

Australia decides Ruslan International An-124 fleet is fully Chapter 3 noise compliant

AJOT | January 04, 2011 | Air Cargo

Australia's Department of Infrastructure and Transportation has issued specific confirmation that all Antonov An-124 aircraft managed by Ruslan International (the joint venture company which markets and manages the combined fleet of 17 An-124 aircraft bel Read More »