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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 »

Maersk Line Sells Slots To Cma-Cgm In The Transatlantic Trade

AJOT | March 17, 2008 | Liner Shipping

We are pleased to announce that Mares Line has entered a slot charter agreement, which will provide CMA-CGM space in the transatlantic trade. Read More »

Maersk Line Redesigns Its Oceania - Americas ServiceEffective from the end of May 2008

AJOT | March 17, 2008 | Liner Shipping

Maersk Line Redesigns Its Oceania - Americas ServiceEffective from the end of May 2008, Maersk Line will redesign its current 'Oceania Service' connecting Australia and New Zealand to the U.S. East Coast and South- and Central America. Read More »

Hanjin Shipping turns to Kalmar for afleet of new terminal tractors

AJOT | March 17, 2008 | Liner Shipping

Kalmar Industries has won an order to supply 96 terminal tractors to Hanjin Shipping ' South Korea's largest shipping company ' for operation at its new container terminal as part of the Pusan New Port Project, earmarked as the country's principal deepwat Read More »

Premium Article  INT’L FF & NVOCC SPECIAL - Dallas Logistics Hub receives official Foreign Trade Zone designation

AJOT | March 16, 2008 | International Trade | Ports & Terminals | Transport Intermediaries

The Allen Group, developers of the Dallas Logistics Hub (The Hub), announced that part of the 6,000 acre multi-modal logistics park has been included in the expansion of Foreign Trade Zone (FTZ) #39 in Dallas, Texas. Read More »

Premium Article  INT’L FF & NVOCC SPECIAL - National Retail Federation urges Oakland to reject container fees

AJOT | March 16, 2008 | Ports & Terminals | Transport Intermediaries

The National Retail Federation NRF urged the Port of Oakland to reject a proposal to impose huge new container fees similar to those approved recently in Los Angeles and Long Beach, and instead adopt a plan to ease air pollution and congestion that is sup Read More »

Premium Article  INT’L FF & NVOCC SPECIAL - Proposed rule change could hike import costs

Peter Buxbaum | March 16, 2008 | Transport Intermediaries

In January, US Customs and Border Protection proposed a new regulation, which would prohibit the use of the “first sale rule” in determining the transaction value of imported merchandise. The proposed change could result in increased duties for US importe Read More »

Premium Article  INT’L FF & NVOCC SPECIAL - Multiple factors impact rate shifts in airfreight

Karen Thuermer | March 16, 2008 | Transport Intermediaries

As go the global markets, so go rates for airfreight, although freight forwarders try their best to reel in prices. With most air cargo being generated for the airlines by their premier customer -- the freight forwarder, forwarders are completely focused Read More »

Premium Article  INT’L FF & NVOCC SPECIAL - Facilitators face challenge of ‘10+2’ implementation

Paul Scott Abbott | March 16, 2008 | Transport Intermediaries

In a post-9/11 environment in which trade facilitators and shippers face mounting challenges, it is hard to find a more controversial issue than the impending federal demand of significant additional data for goods headed to US ports – a demand that could Read More »

Hong Kong hosts World Ports Summit

AJOT | March 16, 2008 | Breakbulk & Projects

More than 60 shipping experts from nine world class ports attended the World Ports Summit at the Hong Kong Convention and Exhibition Centre today to discuss topical issues of port security, safety and environmental protection. Read More »

Retail container traffic continues to mirror slow economy

AJOT | March 16, 2008 | Breakbulk & Projects

Traffic at the nation's major retail container ports will continue to reflect the slowdown in the nation's economy with weak or negative growth compared with last year over the next several months, according to the monthly Port Tracker report released tod Read More »

New Orleans unveils $1 billion plan for future

AJOT | March 16, 2008 | Breakbulk & Projects

The Board of Commissioners of the Port of New Orleans unveiled an ambitious blueprint for short- and long-term growth today, aimed at positioning the Port at the forefront of the global marketplace. Read More »

Six carriers forge The Reliance Network across North America

AJOT | March 16, 2008 | Intermodal

Six carriers, known for their exceptional customer service, dependable on-time delivery records and strong reputation within their own territories, have formed The Reliance Network. This new alliance will provide seamless, across the continent, LTL, tr Read More »

Patriot Rail Corp. & McClellan Business Park rail partnership

AJOT | March 16, 2008 | Intermodal

Patriot Rail Corp. ('Patriot'), a short line and regional freight railroad holding company, and McClellan Business Park, LLC, a 3,000-acre business park located near Sacramento, California, announced that Patriot's newly-formed, wholly-owned rail subsidia Read More »

Airfreight automation falls short of expectations

AJOT | March 16, 2008 | Air Cargo

Progress is slow in automating the airfreight business. Only two-thirds of airlines belonging to the IATA Cargo 2000 initiative (C2K) are consistently applying the measurements defined by C2K for higher quality and efficiency, and those members represent Read More »

IBM & Hactl collaborate to enhance world-class air cargo terminal’s storage infrastructure

AJOT | March 16, 2008 | Air Cargo

IBM China/Hong Kong Limited and Hong Kong Air Cargo Terminals Limited (Hactl), announced the successful completion of a data storage infrastructure revamp project, which further enhances the reliability and resilient capability of Hactl's IT systems and e Read More »

Danaos Corp. arranges charters with MCC

AJOT | March 16, 2008 | Liner Shipping

Danaos Corporation announced that it has signed an agreement with MCC, a subsidiary of MAERSK, and has already time-chartered the 30-year-old S.A. Helderberg, a 3,100 teu containership, for a period of 12 months beginning December 2007 at fixed daily rate Read More »

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