EU ministers agree more air cargo security needed

AJOT | November 09, 2010 | Air Cargo

European Union member countries agreed to tighten aviation security measures after bombs were found in air cargo bound for the United States.

Home affairs ministers meeting in Brussels set up an expert group to prepare specific recommendation Read More »

US expands cargo security ban in wake of bomb plot

AJOT | November 09, 2010 | Air Cargo

The United States expanded its ban on cargo shipments from Somalia in the wake of the package bomb plot originating from Yemen, U.S. Homeland Security Secretary Janet Napolitano said. Read More »

DHL boss promises action over air security

AJOT | November 09, 2010 | Air Cargo

Express delivery company DHL promised better screening of customers and packages before they reach airports in response to recent parcel bombs sent from Yemen and Greece.

"What we need to do is improve surveillance at the pick-up point, have more aggr Read More »

Port Authority reaffirms commitment to Stewart International

AJOT | November 09, 2010 | Air Cargo

The Port Authority celebrated its third year since acquiring Stewart International Airport, and reaffirmed its commitment to expand the facility to meet the region's growing aviation needs.

As part of that commitment, a new Federal Inspection Services Read More »

Airlines fined 800 mlllion euros in EU air cargo cartel

AJOT | November 09, 2010 | Air Cargo

Air France-KLM , British Airways and nine other airlines were fined a total of 799 million euros ($1.11 billion) by EU antitrust regulators for fixing cargo prices. Read More »

The airfreight industry is celebrating its centenary

AJOT | November 09, 2010 | Air Cargo

The first ever air cargo flight took place in the USA on 7 November 1910, when a Wright Brothers Model B airplane flew ten bolts of silk around 100 kilometres from Dayton to Columbus, Ohio. Nine months later saw the birth of airfreight in Germany. On 19 A Read More »

TIACA, IATA, FIATA and GSF form industry advisory group
facilitated by TIACA

AJOT | November 09, 2010 | Air Cargo

Michael Steen, Vice Chairman of The International Air Cargo Association (TIACA) on behalf of the Chairman, Des Vertannes, Global Head of Cargo of the International Air Transport Association (IATA), Jean-Claude Delen, President of FIATA, the International Read More »

China COSCO sees shipping recovery by 2015

AJOT | November 09, 2010 | Liner Shipping

The global shipping market will recover in three to five years, led by the container industry, which has already started to return to profit, a top executive said.

The shipping industry was seen returning to pre-crisis levels with the help of Read More »

Hamburg S’d christens the Cap Jervis in Callao

AJOT | November 09, 2010 | Liner Shipping

As part of a customer event, Hamburg S'd christened the 'Cap Jervis' in Callao (Peru). She is the first container vessel ever to have been christened in Callao and has a slot capacity of 4,600 TEU. Sponsor of the 'Cap Jervis' was Adelgunde Christmann, wif Read More »

Premium Article  StederGroup demobilizes giant Hammer set ex UK

AJOT | November 07, 2010 | Breakbulk & Projects

After completion of piling foundations for a windfarm park in the Irish Sea, StederGroup, a member to the Cargo Equipment Expert CEE network in The Netherlands, was ordered to arrange the return transport of the giant hammer set consisting of a 150 mtons Read More »

Premium Article  Role of subrogation often overlooked but can save cargo owners money

AJOT | November 07, 2010 | Transport Intermediaries

Editor’s Note: Rick Bridges is an insurance industry veteran working as an insurance broker for Roanoke Trade specializing in cargo insurance, credit insurance, training/education and sales support for New England and Canada. He works closely wi Read More »

Premium Article  China ramps up wind exports but global downturn is dampening demand

Stas Margaronis | November 07, 2010 | Breakbulk & Projects | Energy | Alternative | International Trade

Although the global recession has dampened demand there are still more answers blowing in the wind.

China is a growing force in the wind industry and three exporters are taking the lead in selling Chinese wind turbines in the United Stat Read More »

Premium Article  For paper and pulp handlers, sometimes timing is everything

Karen Thuermer | November 07, 2010 | International Trade | Transport Intermediaries

B. W. (Bill) Franks, CEO and President, The CrossGlobe Group, headquartered in Glen Allen, VA, is feeling optimistic. Not only does he believe the market for pulp and certain paper products is going to rebound; he is convinced his company is well position Read More »

Premium Article  Mining equipment market indicates healthy outlook

Karen Thuermer | November 07, 2010 | Breakbulk & Projects | International Trade

Good news for break bulk shippers of mining equipment: market intelligence reports that the mining equipment market is expected to remain healthy through the rest of the current decade. The reason, they cite, is strong demand for commodities being generat Read More »

Premium Article  Watchword for oil and gas: uncertainty

Peter Buxbaum | November 07, 2010 | Breakbulk & Projects | Energy | International Trade

Markets characterized by regional differences
The recently expired six-month moratorium imposed by the Obama administration on deep water drilling in the Gulf of Mexico should provide a boost to an industry that has been slammed from more th Read More »

Premium Article  WWPC experts contracted for operation in Saudi Arabia

AJOT | November 07, 2010 | Breakbulk & Projects

Steder Group, a member to the Worldwide Project Consortium WWPC in The Netherlands, was awarded a contract for logistics to replacement cracking furnace in Yanbu, Saudi Arabia. This cracking furnace is a replacement since the original got damaged. Hence, Read More »

Premium Article  CN and NASCO announce construction of Chicago steel transloading facility

AJOT | November 07, 2010 | Intermodal | Transport Intermediaries

CN and North America Stevedoring Company, LLC (NASCO) announced construction of a new multi-modal steel transloading facility in Chicago, the North American hub for steel transportation. NASCO is a division of Quebec Stevedoring Company Ltd. (QSL). Read More »

Premium Article  Frangou and Ambrosov join UK P&I Club board

AJOT | November 07, 2010 | Liner Shipping

Two directors were elected to the Board of the UK P&I Club at the AGM in Shanghai. Angeliki Frangou is Chairman of the Board and CEO of Navios Maritime Holdings Inc, Athens and of its affiliates Navios Maritime Partners LP and Navios Maritime Acquisition Read More »

Premium Article  Choppy waters as shippers navigate shifting rates

AJOT | November 07, 2010 | Breakbulk & Projects | International Trade | Liner Shipping

Weak daily freight rates remain a headwind for tanker companies, while dry cargo operators will likely see some upside as minor bulks and coal drove up rates for smaller vessels in July-September.

The Baltic Exchange's main sea freight index -- which Read More »

JAXPORT sets container volume record in 2010

AJOT | November 07, 2010 | Ports & Terminals

Total tonnage up 10 percent; 10th consecutive year of record revenues
The Jacksonville Port Authority (JAXPORT) moved a record number of containers in fiscal year 2010 -- the second consecutive year of container growth for the seaport -- and marked Read More »