CMA CGM Group launches its eco-calculator

AJOT | March 13, 2011 | Liner Shipping

Measuring the environmental impact of their supply chain has become an increasingly important issue for many companies. To meet this demand, the CMA CGM Group will be making available to customers a new service starting in April 2011: the eco-calculator. Read More »

Horizon Lines successfully amends credit agreement

AJOT | March 13, 2011 | Liner Shipping

Horizon Lines, Inc. announced that it has entered into a credit agreement amendment with its lender group, effective March 9, 2011, providing the company with additional flexibility as it moves forward with its overall debt refinancing efforts.

The am Read More »

MOL Chairman Ashida delivers keynote speech at Japan Securities Summit in New York

AJOT | March 13, 2011 | Liner Shipping

Mitsui O.S.K. Lines announced that its Chairman Akimitsu Ashida delivered the keynote speech at the Japan Securities Summit in New York on March 1st, co-sponsored by the Japan Securities Dealers Association (JSDA) and the Securities Financial Markets Asso Read More »

Eagle Bulk Q4 tops estimates

AJOT | March 03, 2011 | Breakbulk & Projects

Eagle Bulk Shipping Inc posted higher-than-expected quarterly profit helped by higher fleet utilization rates, and the dry bulk carrier said it re-chartered its vessels that were hired by Korea Line Corp in the spot market.

Eagle Bulk said in January Read More »

Thoresen Thai under a cloud in 2011

AJOT | March 03, 2011 | Breakbulk & Projects

Thoresen Thai Agencies Pcl , Thailand's top dry bulk shipper, said its 2010/11 profit could be lower than market forecasts, hurt by falling freight rates.

The shipper, which has diversified in recent years when the shipping business was hit by a globa Read More »

Zepol releases “US Containerized Import Ports Report” for 2010

AJOT | March 03, 2011 | Ports & Terminals

Zepol Corporation, the leading trade intelligence company, announced the release of a report today analyzing the top 25 ports in the United States for containerized imports. This report provides detailed information for each port and compares trends to th Read More »

PSA said 2010 net profit up 21%

AJOT | March 03, 2011 | Ports & Terminals

Singapore port operator, PSA International, said its 2010 net profit rose 21 percent helped by recovery in global economic recovery and container shipping industry, but its chairman highlighted concerns about the slowdown in China.

The company, contro Read More »

Port of San Francisco issues request for interest for Pier 96 Bulk Cargo Marine Terminal

AJOT | March 03, 2011 | Ports & Terminals

The Port of San Francisco is soliciting interest from qualified respondents for developing and operating a bulk marine cargo handling terminal at the Port’s Pier 96. Read More »

Harwich International Port signs new wind deal

AJOT | March 03, 2011 | Ports & Terminals

Harwich International Port has announced a new contract with Aarsleff Bilfinger Berger Joint Venture (ABJV) to act as their UK installation port for Phase 1 of the London Array Offshore Wind Farm.

ABJV are the project’s installation contractor and wer Read More »

Port of NY/NJ 2010 stats

AJOT | March 03, 2011 | Ports & Terminals

During 2010, the Port of New York and New Jersey reported that total container traffic in the port was 5,292,020 loaded and empty TEUs (20-foot equivalent units), compared to 4,561,527 in 2009, up 16 percent. The number of TEUs is slightly below the 5,29 Read More »

CP rail operations head Harris to retire

AJOT | March 03, 2011 | Intermodal

Canadian Pacific Railway 's executive vice president of operations, Ed Harris, a veteran of the industry, will retire just a a year after joining the carrier, the company said.

Harris will be replaced by Mike Franczak, who will move up from his post o Read More »

Congress clears Surface Transportation Extension

AJOT | March 03, 2011 | Intermodal

One day after the House overwhelmingly passed the Surface Transportation Extension Act of 2011 by a final vote of 421 to 4, the Senate approved by voice vote today vital legislation to extend highway, transit and highway safety programs through the end of Read More »

Packed van collides with truck in Cambodia, 19 dead

AJOT | March 03, 2011 | Intermodal

A speeding truck collided head on with an overloaded van in Cambodia's Preah Sihanouk province, killing 19 people including three children and injuring eight, authorities said. Read More »

Internet Truckstop launches ITEX the only load board with instant texting feature.

AJOT | March 03, 2011 | Intermodal

Internet Truckstop, the largest Internet-based load board in the transportation industry, launched ITEX (Instant Messaging), adding to the list of decision support offerings for its members. Read More »

Senate Committee votes to end railroads’ special interest loophole

AJOT | March 03, 2011 | Intermodal

The U.S. Senate Judiciary Committee approved legislation that would remove the antitrust exemptions currently exploited by the freight railroad industry. The bipartisan bill, the Railroad Antitrust Enforcement Act, S. 49, was introduced by Senator Herb K Read More »

US Senate panel clears rail antitrust bill

AJOT | March 03, 2011 | Intermodal

The U.S. Senate Judiciary Committee approved legislation that would strip freight railroads of their antitrust exemptions.

The measure in the Democratic-led Senate was approved 14 to 1, but its future was uncertain in the Republican-led House of Repre Read More »

Obama, Calderon make progress on trucking dispute

AJOT | March 03, 2011 | Intermodal

U.S. President Barack Obama said the United States and Mexico had agreed on a way to solve a long-simmering cross-border trucking dispute that has hurt trade between the two neighbors.

"After nearly 20 years, we finally have found a clear path to reso Read More »

US Food and Drug Administration publishes import refusal data

AJOT | March 03, 2011 | International Trade

The United States Food and Drug Administration ('FDA') recently published a list of every foreign manufacturer that has had a shipment refused entry to the U.S. since October 2001. In the past, FDA listed Import Refusals monthly on its website. The 'Impor Read More »

De Gucht vows will tackle trade barriers abroad

AJOT | March 03, 2011 | International Trade

Europe's top trade negotiator said he will pry open foreign markets to European firms and investors and enforce trade rules, a move critical for the European Union's exit from economic crisis.

Trade Commissioner Karel De Gucht will expose and challeng Read More »

Grain importers build silos as food prices soar

AJOT | March 03, 2011 | International Trade

Major grain importing countries are set to build more storage silos and expand strategic stocks after seeing the role played by record food prices in political upheaval in the Middle East and North Africa.

Egypt, South Korea and Saudi Arabia are among Read More »