Crowley recognized for its EcoStewardship

AJOT | May 20, 2010 | Liner Shipping

Crowley Maritime Corp. was recently recognized for its environmental stewardship by the Port of the Seattle and Seattle Propeller Club, which teamed to present the company with its runner up award for Marine Environmental Business of the Year. The awards Read More »

Intercargo welcomes approval of circular on loading rates at MSC 87

AJOT | May 18, 2010 | Breakbulk & Projects

The 87th Session of the IMO Maritime Safety Committee (MSC 87), currently in session (12-21 May), has approved a Circular on "Additional Considerations for the Safe Loading of Bulk Carriers". The Circular, re-enforces existing requirements relating to the Read More »

Shipping faces turbulent ride on carbon cutting quest

AJOT | May 18, 2010 | Breakbulk & Projects

What's a natural resource that is free, produces zero carbon emissions and has been used to power ships since time immemorial?

The answer is of course the wind. The graceful sailing ships that sent the likes of Christopher Columbus and Vasco Read More »

China coal import boom to cushion freight rates

AJOT | May 18, 2010 | Breakbulk & Projects

China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains.

Net coal imports to China, the world's biggest coal producer, could soar 70-100 percent to 170 Read More »

APM Terminals introduces crane & engineering services

AJOT | May 18, 2010 | Ports & Terminals

Based in Shanghai, CES provides independent consulting services for crane engineering, quality assurance, commissioning and procurement project management

APM Terminals Crane & Engineering Services ("CES"), following the lead of its pa Read More »

Transnet to meet unions to try end dispute

AJOT | May 18, 2010 | Ports & Terminals

South African transport unions plan to meet logistics group Transnet to resolve a wage dispute that has paralyzed port and rail operations in Africa's biggest economy.

The strike, now in its second week, has dented exports of metals, fruit an Read More »

Port Tianjin, China delegation visited Port Corpus Christi

AJOT | May 18, 2010 | Ports & Terminals

Port Corpus Christi received the visit of five Tianjin Port (Group) CO., LTD executives. The delegation included executives in charge of Construction, Logistics and Operations of the Port and it was led by Mr. Yan Hu Zhao, Vice President of Tianjin Port Read More »

Charleston container volume rises 28.5% in April

AJOT | May 18, 2010 | Ports & Terminals

April container shipments through the Port of Charleston jumped 28.5 percent from last year.

Both imports and exports showed significant increases over the same month last year and against the previous month. April was the fourth straight mon Read More »

Wilbur Ross mulls rail investments

AJOT | May 18, 2010 | Intermodal

Billionaire investor Wilbur Ross said his private equity firm was considering investments in rail cars, real estate and casinos.

Ross' private equity firm WL Ross & Co bought into railroad equipment supplier Greenbrier Cos in 2009, and the tw Read More »

YRC Worldwide receives Kaizen Challenge Award from Toyota NAPO

AJOT | May 18, 2010 | Intermodal

YRC Worldwide Inc.. announced that it has been awarded the Kaizen Challenge Award from the Toyota North American Parts Organization (NAPO) for continuous improvement for the third consecutive year. Toyota Read More »

Southeastern Freight Lines Earns LTL Carrier of the Year Award from Rheem Water Heating Division

AJOT | May 18, 2010 | Intermodal

Southeastern Freight Lines, a regional less-than-truckload (LTL) transportation services provider, has received the 2009 LTL Carrier of the Year award by Rheem Water Heating Division for high-quality service.

Southeastern has also received Rh Read More »

NASSTRAC recognizes Duncan with Lifetime Achievement Award

AJOT | May 18, 2010 | Intermodal

NASSTRAC recently recognized Doug Duncan, founding president and CEO of FedEx Freight, with the Lifetime Achievement Award. The award recognizes industry leaders who have achieved significant accomplishments on behalf of the industry through their leaders Read More »

Pakistani spinning mills shut in export duty protest

AJOT | May 18, 2010 | International Trade

Nearly all of Pakistan's 400 textile spinning mills shut down to protest against the imposition of a 15 percent regulatory duty on exports of all types of cotton yarn, millers said.

Pakistan is the world's fourth biggest cotton producer but o Read More »

Geithner says China yuan rise a global issue

AJOT | May 18, 2010 | International Trade

Persuading Beijing to let its yuan currency rise in value is not simply an issue for the United States but one that should interest the whole world, U.S. Treasury Secretary Timothy Geithner said.

"When they began this process before, what the Read More »

WTO to rule on China complaint over EU shoe imports

AJOT | May 18, 2010 | International Trade

The World Trade Organization (WTO) will rule on a dispute between China and the European Union over shoe imports which has pitched European producers against consumer groups and companies with operations in China. Read More »

USTR Kirk to press China on piracy, innovation

AJOT | May 18, 2010 | International Trade

The United States will use economic talks next week with China to focus on intellectual property rights protection and China's "indigenous innovation" industrial policy which discriminates against foreign firms, U.S. Trade representative Ron Kirk said. Read More »

WTO brokers trade finance talks for banks, regulators

AJOT | May 18, 2010 | International Trade

Banking regulators and commercial banks have started to discuss ways of ensuring that regulation does not hamper trade finance -- the lifeblood of global commerce -- as the sector shows an uneven recovery.

A meeting hosted by the World Trade Read More »

Mercosur trade deal will hurt EU farmers

AJOT | May 18, 2010 | International Trade

A trade deal mooted by European Union leaders with South America's Mercosur bloc will boost Europe's exports of goods and services but will squeeze many of its farmers out of business, a major Spanish farm union said.

The EU is expected to re Read More »

China should buy US goods to fix imbalance

AJOT | May 18, 2010 | International Trade

U.S. Secretary of Commerce Gary Locke urged China to purchase more American goods to help reduce a huge trade imbalance that has caused friction in U.S.-Sino ties.

"Obviously the trade deficit needs to come down," Locke told Reuters in an int Read More »

Europe, Central American states reach trade deal

AJOT | May 18, 2010 | International Trade

The European Union and Central American states reached an agreement to liberalize trade and cut import tariffs, giving total market access to industrial products on both sides.

The European Commission, the EU's executive in charge of the 27-n Read More »