ICL joins World Shipping Council

AJOT | May 07, 2008 | Liner Shipping

The World Shipping Council welcomed Independent Container Line (ICL) as its newest member. Established in 1985, ICL is headquartered in Richmond, Virginia and provides weekly international container transportation service between Northern Europe and the E Read More »

Record fuel prices place stress on ocean shipping

AJOT | May 07, 2008 | Liner Shipping

Shipping lines worldwide are struggling as crude oil prices topped an unprecedented US$119 per barrel this week, in turn pushing marine bunker fuel prices up past $552 per ton ' a $26 per ton increase since the end of March alone. Bunker prices have risen Read More »

Barbours Cut Intermodal Svs. & Ports America form Integrated Marine Svs.

AJOT | May 05, 2008 | Ports & Terminals

Barbours Cut Intermodal Services (BCIS) and Ports America Texas, Inc. have recently joined together to create Integrated Marine Services, LLC (IMS). BCIS and Ports America will each own 50% of the company and IMS will be the operator of their combined emp Read More »

Panama Canal & Virginia Port Authority reaffirm alliance

AJOT | May 05, 2008 | Ports & Terminals

In a strategic move, the Panama Canal Authority (ACP) and the Virginia Port Authority (VPA) reaffirmed an alliance that will help to increase growth and trade, facilitate the flow of information sharing and promote the "All-Water-Route" (the route from As Read More »

Logistics industry undergoing rapid expansion in Abu Dhabi

AJOT | May 05, 2008 | Transport Intermediaries

Abu Dhabi, with its booming economy, is an 'emerging centre of economic power' according to The Harvard Business Review, which urges companies to establish themselves in Abu Dhabi as soon as possible while real estate prices are still relatively cheap in Read More »

Most modern DB Schenker terminal for land transport & logistics

AJOT | May 05, 2008 | Transport Intermediaries

In Bergheim, near Salzburg, Austria, the biggest and most modern freight forwarding terminal in DB Schenker's European land transport network is to be created. An investment volume of around 21 million euros is being put into a complex that will serve as Read More »

FedEx Truckload Brokerage expands coverage to Canada

AJOT | May 05, 2008 | Transport Intermediaries

FedEx Truckload Brokerage, Inc., a subsidiary of FedEx Custom Critical, Inc., can now meet its customers' needs for truckload shipments between the US and Canada. Read More »

Celadon Trucking approved as ACC Responsible Care’ Partner

AJOT | May 05, 2008 | Intermodal

Celadon Trucking Services Inc., a wholly-owned subsidiary of Celadon Group, Inc., has been approved by the American Chemistry Council's Board of Directors as the newest member of the prestigious ACC Responsible Care' Partnership Program. Read More »

CSX national gateway to improve flow of freight

AJOT | May 05, 2008 | Intermodal

CSX Corporation launched the National Gateway, a $700 million public-private infrastructure initiative to create a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. Read More »

Emirates to launch service to Durban, South Africa

AJOT | May 05, 2008 | Air Cargo

Following the successful start of operations in Cape Town, Emirates Airline will advance its presence in South Africa with the introduction of daily flights to Durban, effective December 1st, 2008. Read More »

Boeing & Iraq discuss airplane order

AJOT | May 05, 2008 | Air Cargo

Boeing and the Government of Iraq announced an order for 30 Boeing 737-800 commercial airplanes, the first step in re-establishing that country's scheduled commercial aviation operations. Iraq has also contracted options for 10 additional 737s. Read More »

Hactl invests further in facility enhancement projects

AJOT | May 05, 2008 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) announced new investments in additional facility enhancement projects to further upgrade its facilities, underlining its commitment to support Hong Kong's cargo growth. Read More »

TTS Ships Equipment wins record-breaking contract

AJOT | May 05, 2008 | Liner Shipping

The contract comprises cargo access equipment to the world's largest RoRo vessels, which will be built in Nagasaki for Wallenius Lines and Wilh. Wilhelmsen. The four giant vessels will be delivered in 2011 and 2012. Read More »

Hong Kong continues participation in Secure Freight Initiative

AJOT | May 04, 2008 | Breakbulk & Projects

The SFI is an initiative put forward by the US government to safeguard global maritime cargo through cooperation with the maritime industry and governments of trading partners. Radiation detection, imaging and related equipment is utilized to scan maritim Read More »

Paayman, Malpas join Alabama State Port Authority, Adams promoted

AJOT | May 04, 2008 | Breakbulk & Projects

Alabama State Port Authority Director/CEO James K. Lyons has appointed two new vice presidents and hired a new risk manager to meet expanding administration needs in the face of record growth. 'Our revenues, in a few short years, have grown from $70 milli Read More »

Long Beach named ‘Best in North America’

AJOT | May 04, 2008 | Breakbulk & Projects

The Port of Long Beach once again has been named the best seaport in North America by Cargonews Asia at the 2008 Asian Freight and Supply Chain Awards held recently in Singapore. Read More »

Panalpina reports Q1 growth

AJOT | May 04, 2008 | Transport Intermediaries

The global freight transport and logistics Group, Panalpina, significantly increased its net forwarding revenue in the first quarter 2008 compared to the first quarter 2007 by 9.2%, currency adjusted even by 15.3%. The gross profit was with -2.2% slightly Read More »

Aramex delivers strong Q1 growth

AJOT | May 04, 2008 | Transport Intermediaries

Aramex announced its financial results for the first quarter of 2008, with yet another set of results highlighting the company's strong financial performance. Read More »

Supply chain fraud risks are increasing due to outsourcing

AJOT | May 04, 2008 | Transport Intermediaries

As companies expand globally, outsource business operations and add new IT systems, they become more vulnerable to fraud, according to a report from Kroll, the world's leading risk consulting company. Read More »

ATA testifies on Strategic Petroleum Reserves, record prices

AJOT | May 04, 2008 | Intermodal

Releasing oil from the Strategic Petroleum Reserves combined with a temporary suspension of filling the SPR will help stabilize petroleum markets, reduce global demand for crude oil and ultimately lower fuel prices, a top trucking executive testified befo Read More »