Global Market for Aircraft & Related Parts $172B by 2010, According to a New Report by…

AJOT | March 18, 2008 | International Trade

The speedy recovery in global air traffic since 2004 has set the dais for thriving air transport industry in the forthcoming years. The prospects for air travel and cargo sector have brightened in both developed markets such as Europe and the US, as well Read More »

Beijing flights set to boost UAE-China trade

AJOT | March 18, 2008 | Air Cargo

The launch of Etihad Airways' flights from Abu Dhabi to Beijing is set to play a significant role in increasing trade, tourism and investment relations between the UAE and China, according to the airline's chief executive. Read More »

Lufthansa Cargo on course for further growth

AJOT | March 18, 2008 | Air Cargo

Operating profits of 136 million euros in fiscal 2007 / Chairman Carsten Spohr: 'We intend as the Lufthansa Cargo Group to advance on the road to market leadership and expand our quality lead' Read More »

AIR FRANCE KLM confirms its determination to contribute to Alitalia’s long-term recovery

AJOT | March 18, 2008 | Air Cargo

At the end of the meeting with Alitalia trade union representatives, Chairman and CEO Jean-Cyril Spinetta confirmed the AIR FRANCE KLM Group's determination to contribute to Alitalia's long-term recovery. He underlined his ambition to implement a profita Read More »

Cargolux Adapts Its Fuel Surcharge

AJOT | March 18, 2008 | Air Cargo

Luxembourg, 17 March 2008 - Cargolux reacts to an increase in fuel prices and adapts its fuel surcharge on all cargo shipments as of 31 March 2008. The decision reflects the rising costs that Cargolux is exposed to. Read More »

Maersk Line Drops NASA Service

AJOT | March 18, 2008 | Liner Shipping

Maersk Line has decided to cease its slot charter agreement with the container line Hamburg S'd in the trade between the East Coast of South America and North America (also known as the NASA service) effective from 17 August 2008. As of 18 August 2008, Ma Read More »

Hamburg S’d and Maersk Line to cooperate in the Oceania ’ North America Trade

AJOT | March 18, 2008 | Liner Shipping

Hamburg S'd and Maersk Line have today announced the formation of a new vessel sharing agreement. Subject to regulatory approval the two lines will establish a weekly service from Australia/New Zealand to the East Coast of North America. Read More »

Hapag-Lloyd improving ANP service

AJOT | March 18, 2008 | Liner Shipping

Hapag-Lloyd will offer its customers significantly shorter transit times in the ANP service between Australia/New Zealand and the US East Coast (via Panama) from May/June this year. Read More »

Excel Maritime Beats Market Expectations

AJOT | March 17, 2008 | Breakbulk & Projects

Shares of Excel Maritime Carriers, a drybulk shipper, rose nearly 20% after the carrier reported fourth-quarter results well above Wall Street's expectations. Read More »

Hellenic Carriers Announces Dividend

AJOT | March 17, 2008 | Breakbulk & Projects

Hellenic Carriers Limited, an international provider of marine transportation services, which owns and operates a fleet of six drybulk vessels that transport iron ore, grain, steel products and minor bulk cargoes, announced the dates of their dividend pay Read More »

Stellar Freight Ltd. Relocates Services to Canaveral Mega-yachts among first exports

AJOT | March 17, 2008 | Ports & Terminals

International shipping operator Stellar Freight Ltd. has moved its service from south Florida to Port Canaveral, with the first ship to arrive during the first week of April. The small line, which specializes in export of equipment and project cargoes to Read More »

Green, fuel-saving solutions prompt Thailand’s order for Kalmar E-One+ RTGs

AJOT | March 17, 2008 | Ports & Terminals

Kalmar Industries on-going programme of investment in research and development into environmental improvement and fuel efficiency has helped win an order for six E-One+ rubber tyred gantry (RTG) cranes for Thailand’s LCMT Company Ltd. Read More »

Rite Aid employees in California DC join ILWU

AJOT | March 17, 2008 | Transport Intermediaries

After a two-year battle, the workers at Rite Aid's distribution center in Lancaster, CA won their fight to join International Longshore and Warehouse Union Local 26. They won by 283 to 261, with 18 challenged ballots; 629 people were eligible to vote. Read More »

Horizon Logistics Supports Installation Of North America’s Largest Solar Photovoltaic Energy System

AJOT | March 17, 2008 | Transport Intermediaries

Horizon Lines, Inc., the United States' leading domestic container shipping and integrated logistics company, announced that Horizon Logistics, LLC, served as a lead logistics provider for SunPower Corp. during installation of North America's largest sola Read More »

Europe’s Rail Industry Says ‘Polluter-Pays’ Principle Only Way To Sustainable Transport

AJOT | March 17, 2008 | Intermodal

The revision this year of the Eurovignette Directive is an important step towards the creation of a true level playing field between the different transport modes and towards the promotion of a modal shift in favour of rail, said UNIFE Chairman, Mr Andr' Read More »

CN to spend more than C$300 million in 2008 on rail infrastructure improvements in Eastern Canada

AJOT | March 17, 2008 | Intermodal

CN announced plans to invest more than C$300 million in rail infrastructure projects in Eastern Canada this year to maintain a safe railway and improve the productivity and fluidity of its network. Read More »

IMF Head Urges Global Action to Counter Slowdown

AJOT | March 17, 2008 | International Trade

IMF Managing Director Dominque Strauss-Kahn urged industrial and emerging market countries to do their share through macroeconomic and financial market policies to mitigate the impact of the current financial crisis which is causing a global slowdown. Read More »

Emirates Air adds LAX

AJOT | March 17, 2008 | Air Cargo

Emirates, one of the world's most successful and fastest-growing international airlines, is set to expand its network even further this year with the start of services to the West Coast of the U.S. On 1st September 2008 Emirates will open its third U.S. g Read More »

NYK Logistics restructures on European continent

AJOT | March 17, 2008 | Liner Shipping

NYK announces the restructuring of its Western European Logistics business into two regional companies, trading as NYK Logistics North Continent and NYK Logistics South Europe from 1st April 2008, and part of NYK Group Europe, Logistics Division. Read More »

Evergreen To Commence Additional Vietnam Service

AJOT | March 17, 2008 | Liner Shipping

Evergreen Line will commence a new weekly ocean service between Kaohsiung, Taiwan, and the Vietnam port of Haiphong on March 21. Called the KHP service (Kaohsiung-Haiphong Shuttle Service), the trade will utilize the 580-TEU MV Dong Du. Read More »