Vital shipping lanes can weather turmoil in Yemen

AJOT | June 06, 2011 | Ports & Terminals

Merchant ships using a vital trade route off Yemen's coast are unlikely to face major disruptions even if the country slides into civil war as militant groups lack the capability to regularly attack vessels.

World powers have been pressing President A Read More »

How secure are Yemen’s ports from attack?

AJOT | June 06, 2011 | Ports & Terminals

Yemen's ports have boosted security in recent weeks, port and maritime sources say, as international concern grows that the country's slide into chaos could embolden militants based there.

Yemen, the Arab world's poorest country and neighbour to the w Read More »

FTR’s Trucking Conditions Index moderates in May

AJOT | June 06, 2011 | Intermodal

FTR's April Trucking Conditions Index, as reported in the June Trucking Update, fell to a reading of 7.57 from a March reading of 13.30. The primary factors driving the index down were an adjustment to FTR's outlook for base shipping rate increases, as we Read More »

Spain’s Renfe to partly privatize freight transport

AJOT | June 06, 2011 | Intermodal

Spain's state railway Renfe will partly privatize freight transportation to improve service and to increase rail's freight market share to up to 10 percent by 2020, the company said.

Renfe will create three new freight companies, one for containers, o Read More »

EU envoy says Russia vegetable ban against WTO rules

AJOT | June 06, 2011 | International Trade

The European Union's envoy to Moscow said that Russia's ban on imports of raw vegetables from the EU was not justified and contradicted World Trade Organisation rules.

Russia enforced the ban after accusing Brussels of failing to give sufficient infor Read More »

Germany steps up hunt for deadly E.coli source

AJOT | June 06, 2011 | International Trade

Racing to curb the spread of a killer food bug, Germany set up a national task force on Friday to hunt down the source of a highly toxic strain of E.coli that killed 17 people and sounded alarms around the world.

Russian Prime Minister Vladimir Putin, Read More »

China paper warns Google may pay price for hacking claims

AJOT | June 06, 2011 | International Trade

Google has become a "political tool" vilifying the Chinese government, an official Beijing newspaper said, warning that the U.S. Internet giant's statements about hacking attacks traced to China could hurt its business.

The tough warning appeared in t Read More »

Ford India sales growth seen at 12-15% in 2011

AJOT | June 06, 2011 | International Trade

Ford Motor Co's Indian unit expects sales to grow 12 to 15 percent in 2011, in line with the estimate for the country's automotive sector, its head said, but added high commodity prices and input costs remained concerns.

Vehicle sales in India, the se Read More »

Canada exporters face headwinds, new minister says

AJOT | June 06, 2011 | International Trade

Canada's new trade minister cautioned that the strong currency and growing competition from emerging economies could stall the country's export growth.

In his inaugural speech, Ed Fast promised quick action on the Conservative government's trade agend Read More »

Hactl announces May tonnage throughput and shows supports for third runway

AJOT | June 06, 2011 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) announced today its tonnage throughput for May 2011. A total of 227,050 tonnes were handled in the month, representing a decrease of 12.0% year-on-year. Cumulative tonnage for the first five months of the yea Read More »

IATA chief warns EU over

AJOT | June 06, 2011 | Air Cargo

Global airlines warned the European Union of the risks of a possible trade spat over "illegal" plans to charge the industry for emissions, saying they echoed environmental failures of the past.

Comments from the International Air Transport Association Read More »

Airline recovery threatened by weak global economy

AJOT | June 06, 2011 | Air Cargo

Global airline executives may be forced to slash industry profit expectations at their major annual conference as fears grow of a relapse in the world economy.

Buffeted by a series of shocks from Japan to the Arab world and by high oil prices, the Int Read More »

New cargo opportunities to Vietnam

AJOT | June 06, 2011 | Air Cargo

As from June 12, 2011, Air France-KLM Cargo & Martinair Cargo will launch a new full freighter destination: Hanoi ' Vietnam.

The flights will be operated twice a week from Paris-CDG with a Boeing 777Freighter, departing on Wednesdays and Sundays. Read More »

Airline profits to tumble in 2011 on fuel, global turmoil

AJOT | June 06, 2011 | Air Cargo

Global airlines cut their 2011 profit forecast by more than half to $4 billion as high oil prices and turmoil in Japan, North Africa and the Middle East weigh on the industry's recovery.

The International Air Transport Association (IATA), which repres Read More »

Airlines, EU in escalating trade row over emissions

AJOT | June 06, 2011 | Air Cargo

Global airlines attacked the European Union over its plan to force them into the bloc's emissions trading scheme, as the EU vowed to stand firm against threats of retaliation.

Aviation chiefs spoke out against the EU move in Singapore at the start of Read More »

Fedex Express sees strong momentum in cargo

AJOT | June 06, 2011 | Air Cargo

FedEx Express, the airline subsidiary of FedEx Corp , sees the momentum in the cargo sector remaining strong, CEO David Bronczek said.

"The momentum we see in the air cargo sector is strong. We see it coming strong out of Asia-Pacific, of course, led Read More »

Horizon Lines completes preparedness excerises for Atlantic hurricane season 2011

AJOT | June 06, 2011 | Liner Shipping

Hurricane season in the Atlantic begins this week. Horizon Lines knows the best time to plan for a disaster is before it happens. An investment in planning alternate routes between Puerto Rico and the mainland can prevent damage of cargo and disruption of Read More »

‘Hanjin Pioneer’ used for super heavy cargo movement from China to India

AJOT | June 02, 2011 | Breakbulk & Projects

As a leading logistics company of heavy cargo transportation in Korea, Hanjin.,Co.Ltd, a member to the Cargo Equipment Expert CEE network, recently delivered the self-propelled barge 'Hanjin Pioneer'. Read More »

GAC opens new office in Trinidad & Tobago

AJOT | June 02, 2011 | Breakbulk & Projects

GAC Energy & Marine Services LLC (GEMS) is expanding its shipping and logistics services to Trinidad & Tobago, with its newest office open for business in San Fernando.

GEMS will provide a wide range of integrated services and solutions to meet the di Read More »

China power tariff hike to benefit coal shippers

AJOT | June 02, 2011 | Breakbulk & Projects

Global shipping companies transporting power-generating coal will likely ride an increase in import from largest consumer China, following the country's decision to hike electricity tariffs for the first time in nearly two years.

China said it would r Read More »