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Premium Article  Statement of the Supervisory Board of Deutsche Post AG

AJOT | February 18, 2008 | Transport Intermediaries

Bonn, February 18, 2008: At its meeting in Bonn today, the Supervisory Board of Deutsche Post AG accepted the decision of Klaus Zumwinkel (64) to resign from his office as Chief Executive Officer of Deutsche Post AG. Read More »

MLL Adds Two U.S. Flag Ro/Ro Vessels to MSP and VISA

AJOT | February 18, 2008 | Breakbulk & Projects

ARLINGTON, Va., 19 February, 2008: Maersk Line, Limited (MLL) announces the addition of two U.S. flag roll-on/roll-off vessels in the Maritime Security Program (MSP) and Voluntary Intermodal Sealift Agreement (VISA). The two vessels will carry U.S. govern Read More »

PORTS AMERICA APPOINTS PETER STONE CCO

AJOT | February 18, 2008 | Breakbulk & Projects

Iselin, NJ - Ports America, the largest stevedoring and terminal operations company in North America, has appointed Peter Stone to the position of Chief Commercial Officer. Stone joins Ports America after having recently served as the Senior Vice Presiden Read More »

Descartes Launches Global Air Freight Service for Electronic Cargo Bookings

AJOT | February 18, 2008 | Transport Intermediaries

Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced the global availability of Descartes CargoBooker, a basic air freight electronic booking service aimed at small- and medium-sized air freight Read More »

Cargolux now offering six weekly services from Asia to Budapest

AJOT | February 18, 2008 | Air Cargo

Luxembourg, 5 February, 2008 - Europe's largest all-cargo carrier, Cargolux Airlines International S.A. of Luxembourg, will add a fourth weekly frequency from Hong Kong into Budapest, starting on 26 February, 2008, thus offering a total of 6 weekly servic Read More »

Premium Article  Excel Maritime Carriers Announces Appointment of New CEO

AJOT | February 17, 2008 | People | Appointments | Transport Intermediaries

Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, announced today that it has appointed Mr. Gabriel Panayotides as acting Chief Executive Read More »

DP World Limited Completes Acquisition of Sokhna

AJOT | February 17, 2008 | Breakbulk & Projects

DP World Limited announced that it has completed the acquisition of a 90% stake in Egyptian Container Handling Company S.A.E (ECHCo). DP World started assuming operations at Sokhna port. Further details were not disclosed. (Reuters) Read More »

Four New Super Post-Panamax Cranes Arrive at Port of Savannah

AJOT | February 17, 2008 | Breakbulk & Projects

The Georgia Ports Authority (GPA) announced today the arrival of four new Super Post-Panamax cranes at the Port of Savannah. The cranes traveled aboard the Dockwise Swift for a total distance of approximately 15,000 nautical miles to the GPA's Garden Cit Read More »

DryShips Reports Results for the 4th Qtr and 2007 results

AJOT | February 17, 2008 | Breakbulk & Projects

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes, today announced its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2007. Read More »

Panama Ports Company receives four super post-panamax cranes

AJOT | February 17, 2008 | Breakbulk & Projects

Panama Ports Company (PPC), part of the Hutchison Port Holdings (HPH) Group, has taken delivery of four super post-panamax quay cranes at the port of Balboa. Read More »

Long Beach to Vote on Clean Truck Concessions

AJOT | February 17, 2008 | Breakbulk & Projects

The Long Beach Board of Harbor Commissioners will vote on Tuesday, February 19, 2008, on the final elements of a landmark Clean Trucks Program that will modernize the port trucking fleet and slash truck-related air pollution by 80 percent within five year Read More »

Ports of Tacoma and Olympia meeting

AJOT | February 17, 2008 | Breakbulk & Projects

The Port of Tacoma and Port of Olympia have scheduled a second Joint Commission Study Session regarding the feasibility of establishing an integrated rail logistics center in the South Sound region (South Sound Logistics Center). The Port Commissions w Read More »

Predicted sharp rise in Mississippi River

AJOT | February 17, 2008 | Breakbulk & Projects

The Lower Mississippi River (LMR) is currently reading 4.5 feet at the Carrollton Gauge. The river stage is predicted to rise to almost 9.0 feet in the next 10 days. Read More »

Toll Holdings Limited Announces Acquisition Of BALtrans Holdings Limited

AJOT | February 17, 2008 | Transport Intermediaries

BALtrans Holdings Limited: Toll Holdings Limited announced that its wholly owned subsidiary Toll (BVI) Limited (Toll) has received acceptances for 56.51% of the issued shares in BALtrans Holdings Limited (BALtrans), . . . Read More »

Kuehne + Nagel acquires oil business specialist Elite Airfreight Inc

AJOT | February 17, 2008 | Transport Intermediaries

Kuehne + Nagel announced today that it has acquired Elite Airfreight Inc. in Houston, TX, a market leader in the oil & gas logistics arena. Read More »

YRC Worldwide Inc. Units To Close 27 Service Centers-DJ

AJOT | February 17, 2008 | Intermodal

Press reports have indicated that YRC Worldwide Inc. announced that two of its subsidiaries will close a combined 27 service centers and take $10 million in charges related to the move. The Company's USF Holland unit will close six service centers located Read More »

WTO report on Mexico notes progress but higher productivity is required

AJOT | February 17, 2008 | International Trade

Since its previous review in 2002, Mexico has continued with the gradual and unilateral liberalization of its trade regime. It has also concluded new free-trade agreements, conducting 85 per cent of its trade with preferential partners. Mexico economic pe Read More »

Iberia’s bid for Spanair might strengthen carrier

AJOT | February 17, 2008 | Air Cargo

Iberia's plan to bid for rival Spanair may help the flag carrier as its dominance is eaten away by high-speed trains and low-cost airlines but an ageing fleet and rickety business make it a bit of a gamble, analysts said. Iberia said it would make a joint Read More »

Monuments for Centennial of Japanese Emigration to Brazil

AJOT | February 17, 2008 | Liner Shipping

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced the departure of the containership MOL Wisdom from Yokohama, transporting stone monuments to Brazil to commemorate the centennial anniversary of Japanese emigration to Bra Read More »

Kawasaki Kisen Kaisha, Ltd.

AJOT | February 17, 2008 | Liner Shipping

Kawasaki Kisen Kaisha, Ltd. ("K" Line) is pleased to announce joining Central-China/Red Sea (CRS) Service presently operated by Hapag Lloyd (HL) and Wan Hai Lines (WHL). Read More »

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