Russia plans to build wind farms in Europe, Turkey

AJOT | November 15, 2010 | International Trade

Russia's state nuclear unit Rosatom is planning to expand into wind power and will look for foreign partners to help build farms in the Balkans, Eastern Europe and Ukraine, its equipment head said.

"We are looking for a technology partner. Th Read More »

China seen grabbing helicopter role, jet orders

AJOT | November 15, 2010 | International Trade

China could be ready to build its own civil helicopter from scratch by the end of the decade, a top Western industry official said, a move likely to strengthen its bid to become a new aviation power.

The prediction by the head of the world's Read More »

Google urges US to challenge China Internet curbs

AJOT | November 15, 2010 | International Trade

Google Inc urged Western nations to challenge a growing list of Internet restrictions in China and around the world as a violation of global trade rules and to negotiate new trade deals to protect the free flow of online information.

"More th Read More » buys export services firm

AJOT | November 15, 2010 | International Trade Ltd , China's largest e-commerce company, said it has agreed to buy an export services company, its fifth acquisition in 12 months, as it looks to diversify revenue amid slowing subscriber growth. Read More »

Euro zone Sept trade surplus above expectations

AJOT | November 15, 2010 | International Trade

The euro zone had a bigger than expected trade surplus in September, data showed, as export growth outpaced the rise in imports year-on-year.

The European Union's statistics office Eurostat said the 16 countries using the euro had a trade sur Read More »

South Korea upbeat on resolving U.S. trade deal soon

AJOT | November 15, 2010 | International Trade

South Korean officials struck an upbeat note that discussions to iron out U.S. concerns about a free trade deal they signed three years ago would conclude soon despite missing a deadline set by their leaders.

But there was also concern that o Read More »

Germany lifts passenger flight ban from Yemen

AJOT | November 15, 2010 | Air Cargo

Germany has lifted a suspension of passenger flights from Yemen but left in place a ban on air cargo imposed after bombs were found in packages sent from there two weeks ago, the transport ministry said. Read More »

US officials try to address air security worries

AJOT | November 15, 2010 | Air Cargo

The U.S. Department of Homeland Security said it is trying to address concerns of pilots about stepped-up screening at U.S. airports and worries in the travel industry that fliers will limit trips because of more rigorous checks.

Security off Read More »

Cathay Pacific says 2010 profit at least HK$12.5 blllion

AJOT | November 15, 2010 | Air Cargo

Cathay Pacific Airways Ltd , Hong Kong's flagship carrier, said that net profit for 2010 will be HK$12.5 billion ($1.6 billion) or more, as business rebounds following the global downturn.

The company posted a profit of HK$6.84 billion for the first h Read More »

Brown to spearhead Coyne Airways’ sales in the US

AJOT | November 15, 2010 | Air Cargo

Coyne Airways has appointed John Brown as Director of Sales USA.
The appointment will see John lead Coyne Airways' commercial activities in North America, heading up the company's growing sales team in the region. In his new post, John is ba Read More »

Maersk hires banks for possible bond issue

AJOT | November 15, 2010 | Liner Shipping

Danish shipping and oil group A.P. Moller-Maersk is considering a new offering of bonds and has engaged banks to advise it.

Investor relations chief Henrik Lund said on Friday the group had hired Barclays, BNP Paribas, Danske Bank, HSBC and R Read More »

Horizon Lines to launch US inland express network for Five Star Express Trans-Pacific Liner Service

AJOT | November 15, 2010 | Liner Shipping

Horizon Lines, the leading U.S. domestic ocean shipping and integrated logistics company, announced it will launch express intermodal container service to key inland U.S. cities when it begins the new Five Star Express (FSX) trans-Pacific liner service in Read More »

Crowley names new General Manager of Puerto Rico Operations

AJOT | November 15, 2010 | Liner Shipping

Crowley Maritime Corporation announced that Jose "Pache" Ayala has been promoted to general manager of operations for the company's liner services group in Puerto Rico. In this role, he will direct port operations, equipment control, information technolog Read More »

Panama-flagged ship seized off Somalia waters

AJOT | November 11, 2010 | Breakbulk & Projects

Pirates have seized a Panama-flagged chemical tanker with a crew of 31 off the coast of Somalia, the European Union Naval Force for Somalia (EU Navfor) said.

The anti-piracy taskforce EU Navfor said that the 24,105 tonne MV Hannibal II was taken while Read More »

Port of Quincy holds important rural freight mobility summit

AJOT | November 11, 2010 | Ports & Terminals

The Port of Quincy recently held a Rural Freight Mobility Summit at Cave B Inn at SageCliffe near Quincy, Washington. Over 70 agricultural, food processing, railroad, trucking, ocean cargo, economic development, warehousing and distribution leaders attend Read More »

Port of Wilmington to provide logistical support to GE’s wind turbine projects

AJOT | November 11, 2010 | Ports & Terminals

General Electric’s (GE) wind energy division has again selected the Port of Wilmington, Delaware as its port of entry for several large shipments of wind turbine blades. M/V Industrial Freedom, arriving on Wednesday, November 10, is the first of four vess Read More »

Maersk ports unit expects market share growth

AJOT | November 11, 2010 | Ports & Terminals

Port facilities firm APM sees opportunities to grow faster than the broader market, its chief financial officer said.

APM aims to expand its business also with shippers other than Maersk Line after it lost some market share in 2010 by selling minority Read More »

Greenbrier Q4 loss wider than expected; sees loss in Q1

AJOT | November 11, 2010 | Intermodal

Railroad equipment supplier Greenbrier Cos Inc posted a wider-than-expected quarterly loss, hurt by lower new railcar deliveries and a slowdown in marine production rates, and said it expects to report a net loss for the current quarter.

Reve Read More »

NASSTRAC calls for release of proposed hours of service rules

AJOT | November 11, 2010 | Intermodal

A recurring theme in recent weeks has been the importance of reducing uncertainty to promote economic growth. Congress recessed for the November 2 elections without producing a new federal budget, or addressing the future of the Bush tax cuts or the estat Read More »

GI Jobs names Union Pacific Railroad one of America’s top military-friendly employers

AJOT | November 11, 2010 | Intermodal

GI Jobs has named Union Pacific Railroad as one of America's top military-friendly employers for 2010. Ranked No. 12, it is the seventh time in eight years the nation's premier career guide for military job seekers has named Union Pacific to its list. Read More »