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Swift Intermodal acquires BNSF-leased 53-foot containers

AJOT | August 14, 2005 | Intermodal

Swift Intermodal Ltd. and BNSF Railway Company announcedthat they have reached an agreement for Swift to acquire approximately 3,800 53-foot containers currently leased by BNSF which are part of the North American Container System (NACS) program. Read More »

RailAmerica reports 2/Q 2005 results

AJOT | August 14, 2005 | Intermodal

RailAmerica, Inc. recently reported second quarter 2005 earnings from continuing operations of $9.3 million, or $0.24 per diluted share, compared to a loss of $13,000 in the 2004 comparable quarter. The 2005 results include a $0.01 per share benefit from Read More »

Yuan revaluation: A basket case?

AJOT | August 14, 2005 | International Trade

On July 21, 2005, China revalued the Yuan from the old mark of 8.2765 to 8.11 to the US dollar: A two-percent revaluation to the dollar. At that time, The People's Bank of China (PBOC) also announced that the Yuan no longer would be pegged to the US dolla Read More »

Airbridge Cargo targets Russia’s $1 billion import market for flowers

AJOT | August 14, 2005 | Air Cargo

AirBridge Cargo (ABC) has launched three Boeing 747 freighter flights a week from Amsterdam to Moscow to provide a fast and reliable supply line for Russia's US$1 billion import market for fresh flowers. Read More »

Freightpath unveils cargo I.T. solution for small and mid-size airlines, GSAs

AJOT | August 14, 2005 | Air Cargo

FreightPath LLC said it has introduced an innovative and affordable software system dedicated to the high-tech needs of all-cargo airlines, small to mid-size passenger carriers with cargo operations, and general sales agents (GSAs). Read More »

Taiwan seeks access to China airspace to save fuel

AJOT | August 14, 2005 | Air Cargo

Taiwan will allow its airlines to seek permission from China to use its airspace to reduce flying time and cut soaring fuel costs, its premier said, a move hailed as a further sign of easing tensions. Read More »

Grand Alliance’s new service in full operation

AJOT | August 14, 2005 | Liner Shipping

On August 6, the 63,179-gross-ton NYK Procyon, assigned by NYK to the Grand Alliance's newly inaugurated Loop F service to Europe, paid her first visit to a terminal of the Ceres Paragon Terminals B.V., an affiliate of NYK, in Amsterdam, the Netherlands. Read More »

Crowley promotes Art Mead to VP and General Counsel

AJOT | August 14, 2005 | Liner Shipping

Crowley announced today that Art Mead has been promoted to vice president and general counsel. He will remain domiciled in Jacksonville and continue to report to Bill Verdon, senior vice president and general counsel in Oakland. Read More »

Bridge Terminal Transport recognizes award winners

AJOT | August 14, 2005 | Liner Shipping

Bridge Terminal Transport, Inc. (BTT) recognized several terminals that excelled in performance during 2004, at an Annual Meeting held in Williamsburg, VA, in July. Read More »

Premium Article  Former GM plant adjacent to Port of Baltimore is hot for development

Karen Thuermer | August 07, 2005 | Ports & Terminals

At a time when ports are scrambling to find ways to expand their containerized business, a large track of land owned by General Motors Corp. (GM) adjacent to the Port of Baltimore has come available for bids. The beauty of the site is it sits at the confl Read More »

Premium Article  Maryland Port Administration remains a port in progress

Karen Thuermer | August 07, 2005 | Ports & Terminals

Since F. Brooks Royster III is the new kid on the block as the Maryland Port Administration’s (MPA) executive director, Royster does not profess to have formulated a "vision" for the port just yet. Read More »

MOL deal bodes to yield ‘huge’ JAXPORT impact

AJOT | August 07, 2005 | Breakbulk & Projects

"It's huge," Roy Schleicher, JAXPORT's director of marketing and trade development, told the American Journal of Transportation. "It's the biggest thing to happen to Jacksonville since the port opened in 1565."

Indeed, the 160-acre MOL containe Read More »

Port of VA closes books on strong FY ‘05;

AJOT | August 07, 2005 | Breakbulk & Projects

Growth in teu counts, ship calls and rail business highlighted the Virginia Port Authority's (VPA) fiscal year that ended June 30. In addition, fiscal 2005 (July 1, 2004 to June 30, 2005) was a year that held several milestones for The Port, from the appr Read More »

AAPA applauds House vote on water resources bill

AJOT | August 07, 2005 | Breakbulk & Projects

After a successful floor vote in the US House of Representatives on July 14 to approve passage of a Water Resources Development Act (WRDA) authorization bill, American Association of Port Authorities (AAPA) President/CEO Kurt Nagle applauded committee and Read More »

Port of Montreal predicts record year

AJOT | August 07, 2005 | Breakbulk & Projects

"After reaching one of its highest peaks ever last year, traffic handled at the Port of Montreal was up again in the first six months of 2005, and there is nothing to indicate a slowdown in the making," Mr. Dominic J. Taddeo, the Montreal Port Authority's Read More »

CAFTA projected to create up to 2,769 new jobs in LA

AJOT | August 07, 2005 | Breakbulk & Projects

The Port of New Orleans and leaders from the local maritime and business community recently reiterated the importance of the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) to the Louisiana economy. DR-CAFTA has already passed the US S Read More »

Del Monte and Pacer ink global logistics pact

AJOT | August 07, 2005 | Transport Intermediaries

San Francisco-based Del Monte Foods and Pacer International, Inc. announced that Pacer's supply-chain services unit will provide comprehensive logistics services to Del Monte. Read More »

SUN MICROSYSTEMS Selects DHL AS EXCLUSIVE GLOBAL AFTER-MARKET SERVICE PARTS LOGISTICS PROVIDER

AJOT | August 07, 2005 | Transport Intermediaries

The agreement leverages DHL's international network and the company's expertise in logistics, express shipping, and air and ocean freight to provide Sun with a comprehensive, seamless global logistics solution customized to Sun's business requirements. T Read More »

Intermodal challenges and obstacles identified in MARAD report

AJOT | August 07, 2005 | Intermodal

The intermodal transportation system is supposed to operate much like a pipeline, moving goods seamlessly from supplier to customer. But one hears more often about choke points and interruptions in the flow of commerce. Read More »

Port of Olympia receives federal funds for marine terminal rail improvements

AJOT | August 07, 2005 | Intermodal

Intermodal freight improvements at the Port of Olympia's international shipping terminal have been designated a priority project in H.R. 3, the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users' or ''SAFETEA'LU,'' the Po Read More »

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