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APM Terminals reports strong improvement, revenue growth of 27%

AJOT | August 28, 2008 | Ports & Terminals

APM Terminals, one of the leading global developers and operators of ports and container terminals, realized a net result of USD 185 million for the 1st Half 2008, compared to USD 51 million for the same period of last year. Revenue increased by 27% to US Read More »

Baltimore, Ceres Terminals welcome new export service to West Africa & Europe

AJOT | August 28, 2008 | Ports & Terminals

The Maryland Port Administration (MPA) and Ceres Terminals Incorporated welcomed a new roll on/roll off (Ro/Ro) export service today by European Red Sea African Lines (ERSAL) to the Port of Baltimore’s North Locust Point Terminal. Ceres Marine Terminals i Read More »

Indiana awards $500,000 in infrastructure projects

AJOT | August 28, 2008 | Ports & Terminals

The Ports of Indiana Commission approved more than $500,000 in contracts to five Indiana companies during Thursday’s meeting at the Port of Indiana-Burns Harbor. Read More »

Port of Montreal outperforms its competitors in Q1 2008

AJOT | August 28, 2008 | Ports & Terminals

During the first quarter of 2008, the Port of Montreal reported the highest growth, irrespective of shipping lanes, in comparison to both the ports of Vancouver and Halifax and to ports on the US East Coast, according to American Association of Port Autho Read More »

NRS submits letter of intent to comply with port of L.A. Clean Truck Program

AJOT | August 28, 2008 | Ports & Terminals

National Retail Systems, Inc. (NRS), a provider of global logistics services to America's retailers, announced it has submitted a letter of intent to the Port of Los Angeles committing to a pier trucking fleet that meets the standards of the Clean Truck P Read More »

DACHSER consolidates seafreight activities in the Basle region

AJOT | August 28, 2008 | Transport Intermediaries

Since the beginning of August 2008, the international logistics provider DACHSER has handled its seafreight operations for Switzerland from a new branch near Basle. DACHSER Switzerland's seafreight department has moved from Glattbrugg to Basle; air freigh Read More »

CN and City of Joliet approve agreement on CN acquisition

AJOT | August 28, 2008 | Intermodal

CN said that it has reached an agreement with the City of Joliet regarding CN's proposed acquisition of the major portion of the Elgin, Joliet & Eastern Railway Company (EJ&E). The agreement resolves the outstanding concerns the City of Joliet has related Read More »

IANA support for ATA lawsuit against SoCal Port Concession Plans

AJOT | August 28, 2008 | Intermodal

The Intermodal Association of North America announced today it will back the American Trucking Associations' motion for an injunction against the Concession Plans of the Ports of Los Angeles and Long Beach. At a recent Board of Directors meeting, IANA lea Read More »

Grand Alliance enhances Med-Asia service

AJOT | August 28, 2008 | Liner Shipping

The Grand Alliance (GA) has enhanced its service between the Mediterranean and Asia (EUM) to proactively cater to our customers' needs. Valencia has been added as a port of call in the service, and the enhanced service began in the second week of August 2 Read More »

FESCO’s launches of FESCO VITIM

AJOT | August 28, 2008 | Liner Shipping

FESCO announced that the Polish shipyard, Stocznia Szczecinska Nowa, held a ceremony last week to launch its latest boxship of series B170-V/1 named the FESCO VITIM as part of its fleet renovation program. Read More »

Premium Article  North Central America’s Dry Canal, port Expansions to offer Panama alternative

Karen Thuermer | August 27, 2008 | Ports & Terminals

Most news coming from Central America focuses on the Panama Canal. Yet, shippers operating in the region and those interested in finding a fast route and another alternative to the Americas are anxiously awaiting the “Dry Canal.” Read More »

Premium Article  CN requests STB approval for revised schedule, new approach to EJ&E acquisition

AJOT | August 27, 2008 | Intermodal

CN seeks to close deal by year's end but would run no new trains, preserve environmental status quo, and protect all interests pending STB environmental review. Read More »

Premium Article  LATIN AMERICAN TRADE 2008 - Penske Logistics’ Bill Scroggie: Challenges, opportunities in ...

George Lauriat | August 27, 2008 | International Trade | Transport Intermediaries

Editor’s note: Bill Scroggie is Managing Director of Penske Logistics South America and is based in Sao Paulo, Brazil. Scroggie has been in logistics management for 17 years and spent over a decade with Penske. Read More »

Premium Article  LATIN AMERICAN TRADE 2008 - Columbia FTA? Not this year

Peter Buxbaum | August 27, 2008 | International Trade

The liberation last month by Colombian security forces of 15 long-held hostages, including three Americans, from imprisonment by the leftist narco-terrorist group FARC, led some supporters of the US-Colombia free trade agreement to exclaim that the US Con Read More »

Premium Article  LATIN AMERICAN TRADE 2008 - Auto parts suppliers find advantages in Honduras despite troubling times

Karen Thuermer | August 27, 2008 | International Trade

While auto part suppliers that sell to the US auto industry are feeling the pinch, some find they can retain a competitive edge by manufacturing and shipping their products from Latin America. In fact, those that have opened shop in Honduras, are enjoying Read More »

Premium Article  AIR CARGO QUARTERLY 2008 -The ins and outs of the US-EU Open Skies agreement

Karen Thuermer | August 27, 2008 | Air Cargo

Perhaps if it had happened at a different time the Open Skies agreement between the United States and the European Union might have had a bigger bang for its buck for air cargo carriers. But given the state of the air cargo industry these days, the pact t Read More »

Premium Article  AIR CARGO QUARTERLY 2008 - Fuel challenges push air cargo industry in new directions

Karen Thuermer | August 27, 2008 | Air Cargo

In recent weeks, fuel prices seem to easing, but this has not stopped the impact its high price is having on air carriers. With the cost of jet fuel jumping almost 70% over the past year, the airline industry is facing a realignment, one which experts suc Read More »

JAXPORT Board elects new Board officers

AJOT | August 27, 2008 | Ports & Terminals

The Board of Directors of the Jacksonville Port Authority (JAXPORT) selected new Board Officers for fiscal year 2009 during its monthly meeting, electing William C. Mason, Ed.D. as Board Chairman. Beginning Oct. 1, 2008, he will assume the role from Ricar Read More »

SC ports hit revenue, earnings records

AJOT | August 26, 2008 | Ports & Terminals

The South Carolina State Ports Authority (SCSPA) achieved record revenues and earnings in fiscal year 2008, eliminating the need for any additional state taxpayer funding beyond what has already been allocated for port expansion and related projects in Ch Read More »

VPA’s box operations consolidated in Portsmouth, Norfolk

AJOT | August 26, 2008 | Ports & Terminals

Turkon Line vessel Cafer Dede made its maiden voyage to Portsmouth Marine Terminal [PMT] earlier this month and in doing so signaled the beginning of change in operation for two of the Virginia Port Authority’s marine terminals. Read More »

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