EU loses in WTO information technology row

AJOT | July 27, 2010 | International Trade

A World Trade Organization panel has ruled that the European Union was wrong to impose duties on three types of electronics products from the United States and other countries, trade sources said.

The WTO panel backed the United States as wel Read More »

Pilgrim’s Pride to resume chicken exports to Russia

AJOT | July 27, 2010 | International Trade

Pilgrim's Pride Corp said it will resume chicken shipments to Russia shortly as it received formal U.S. approval following last month's agreement between the two countries to restart chicken exports. Read More »

China to accelerate railway spending

AJOT | July 27, 2010 | Air Cargo

China is set to speed up spending in the railway sector in the second half of 2010 as only one third of the full-investment quota was completed in the first half, the Beijing-based China Times reported.

Fixed-asset investment in the railway s Read More »

10th Boeing 747F joins AirBridgeCargo’s fleet

AJOT | July 27, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC), the scheduled cargo airline of Russia's Volga-Dnepr Group, has taken delivery of its third Boeing 747-400 freighter in four months, increasing its total fleet to 10 B747F.

The latest aircraft joined ABC on July Read More »

Continental Air profit bests Wall St estimates

AJOT | July 27, 2010 | Air Cargo

Continental Airlines, which is being bought by United Airlines, posted a second-quarter profit that handily beat Wall Street expectations, helped by higher fares and reduced capacity.

Continental posted net income of $233 million, or $1.46 pe Read More »

Singapore Air Q1 net profit beats forecast

AJOT | July 27, 2010 | Air Cargo

Singapore Airlines, the world's second-largest airline by market value, said a recovery in passenger and freight traffic should be sustained in the near term after posting better-than-expected first quarter profit.

Global airlines are recover Read More »

June brings increase in activity at Port Columbus, Rickenbacker

AJOT | July 27, 2010 | Air Cargo

Passenger activity at Port Columbus International Airport increased in June while cargo activity jumped 31 percent at Rickenbacker International Airport.

Statistics released by the Columbus Regional Airport Authority Board of Directors show t Read More »

Horizon Lines Q2 profit beats Wall Street

AJOT | July 27, 2010 | Liner Shipping

Container shipping company Horizon Lines Inc's quarterly profit handily beat analysts' estimates, helped by better results from its Alaska tradelane, terminal services and logistics. Read More »

CMA CGM Group takes delivery of CMA CGM Leo

AJOT | July 27, 2010 | Liner Shipping

The CMA CGM Group announced the delivery in South Korea of the CMA CGM LEO (11,400 TEU).

Built by Hyundai Heavy Industries shipyards, the CMA CGM LEO is the fifth of a series of 12 vessels of 11,400 TEU ordered by the CMA CGM Group and that w Read More »

French shipper eyes billionaire’s capital

AJOT | July 27, 2010 | Liner Shipping

The owners of shipping giant CMA CGM are in talks with Belgian billionaire Albert Frere to inject capital as part of its restructuring plan, Le Figaro newspaper reported.

The French daily said talks were still in the early stages, but the tra Read More »

Crowley transporting steel buildings to help Haitians

AJOT | July 27, 2010 | Liner Shipping

Crowley Maritime Corporation continues to work with relief and commercial organizations to provide goods and materials needed by Haiti residents in the aftermath of January's major earthquake. Most recently, Crowley began transporting emergency housing un Read More »

MOL Paramount makes its inaugural voyage

AJOT | July 27, 2010 | Liner Shipping

The MOL Paramount is currently the largest container vessel with weekly and direct service calling the Port of Halifax. The MOL Paramount made its inaugural voyage on July 21, 2010 to the South End Container Terminal, operated by Halterm Container Termina Read More »

First phase of Napoleon Ave Container Terminal Stage ‘C’ approved by Board

AJOT | July 25, 2010 | Ports & Terminals

The Board of Commissioners of the Port of New Orleans last week approved a demolition contract to begin a project aimed at improving efficiencies and adding container storage space to the Napoleon Avenue Container Terminal.

The Board awarded Read More »

Transportation Consultants Inc. to expand at Port of New Orleans

AJOT | July 25, 2010 | Ports & Terminals

Gov. Bobby Jindal joined Transportation Consultants Inc., or TCI, Founder and CEO Jack Jensen, New Orleans Mayor Mitch Landrieu, Port of New Orleans President and CEO Gary LaGrange, and Entergy New Orleans President and CEO Charles Rice to announce TCI wi Read More »

Port of Halifax responds to end of Montreal labor lockout

AJOT | July 25, 2010 | Ports & Terminals

During the labour lockout at the Port of Montreal this week, the Port of Halifax handled five diverted containerized cargo vessels.

“The Port community and many members of the supply chain worked together quickly to accommodate additional car Read More »

Russian stevedore expands with an order for Kalmar RTGs and terminal tractors

AJOT | July 25, 2010 | Ports & Terminals

Cargotec has been awarded a contract from Baltic Stevedoring Company (BSC) for six Kalmar E-One2 rubber-tyred gantry (RTG) cranes and 10 Kalmar TR618i terminal tractors. The order for new equipment will improve the terminal operator's handling capacity at Read More »

Oil imports at Dalian choked as China fights slick

AJOT | July 25, 2010 | Ports & Terminals

Oil imports were still blocked at the major Chinese port of Dalian following a fire and oil slick, while authorities recruited an additional 500 fishing boats to help with the clean-up

Refinery operations have been disrupted and cargoe Read More »

Brazil’s Santos port resumes sugar loading

AJOT | July 25, 2010 | Ports & Terminals

The skies have cleared over Brazil's main port of Santos, allowing ships to resume bulk sugar loading after wet weather interrupted the flow of the sweetener most of last week, shipping agents said.

Rains continue to plague Brazil's No. 2 sug Read More »

Cargotec Q2 profit and orders surge on Asia demand

AJOT | July 25, 2010 | Ports & Terminals

Finnish cargo-handling equipment maker Cargotec beat all forecasts with a jump in second-quarter operating profit and order intake, boosted by Asian demand.

Cargotec said demand for handling equipment such as loader cranes and forklift trucks Read More »

Lock-out prompts vessel diversions from Montreal to Halifax

AJOT | July 25, 2010 | Ports & Terminals

As this issue of AJOT was going to press, commercial operations at the Port of Montreal had come to a virtual stand-still due to a maritime employer lock-out of 850 dockers that began on Monday, July 19.

The first such labour conflict Read More »