Virgin Atlantic Cargo confirms new Regional VP line-up

AJOT | October 31, 2010 | Air Cargo

Virgin Atlantic Cargo has announced the appointment of new Regional Vice Presidents for Europe, Middle East & Africa (EMEA), the Americas and Asia Pacific regions with responsibility for the commercial aspects of its in-market activities. Read More »

CMA CGM adds a new call at Rotterdam on its FAL5 service

AJOT | October 31, 2010 | Liner Shipping

With the arrival of 13,800 teu-vessels in its fleet and in order to provide its customers with optimum services and unique port coverage, CMA CGM announced the strengthening of its FAL5 (French Asia Line) service. Read More »

New APL ocean route connects China and Southeast Asia

AJOT | October 31, 2010 | Liner Shipping

APL, the world's fifth-largest container shipping line, announced a new service linking China, Indonesia, Malaysia, Singapore and Thailand. Called the China Indonesia Straits Service, the weekly routing will densify APL's Intra-Asia network. Read More »

Maersk Line’s CO2 data verified

AJOT | October 31, 2010 | Liner Shipping

Maersk Line is the first shipping line to receive independent verification of its CO2 emissions data, vessel by vessel.

Maersk Line will now add the CO2 data - verified by Lloyd's Register - as one of eight performance measures in score cards that are Read More »

Angoco promoted to Senior VP of Matson Navigation Co.

AJOT | October 31, 2010 | Liner Shipping

Vic Angoco has been promoted to senior vice president of Matson Navigation Company. The appointment was approved today by the company's Board of Directors and announced by Matson President Matt Cox. Read More »

Allfort sails with trains to the Philippines

AJOT | October 27, 2010 | Breakbulk & Projects

Allfort Co.,Inc., a member of the Worldwide Project Consortium WWPC in Japan, successfully delivered 10 trains units from Kawasaki in Japan to Manila in the Philippines. The complete shipment totaled 34 tons and 2526 CBM for which Allfort arranged inland Read More »

Smaller fleet, slow biz to drag GE Shipping Q2

AJOT | October 27, 2010 | Breakbulk & Projects

A smaller fleet size and the still-sluggish dry bulk business are expected to dent second-quarter sales and profit for Great Eastern Shipping Co Ltd , despite robust revenue from offshore operations, analysts said.

A Reuters poll of brokerage Read More »

Industry sees

AJOT | October 27, 2010 | Breakbulk & Projects

Global dry bulk freight markets will likely be "depressed" next year because of an oversupply of vessels and slow economic growth in developed countries, senior maritime executives said.

The expansion of the world's fleet is expected to outpa Read More »

Bangladesh seeks Chinese loan for deep-sea port

AJOT | October 27, 2010 | Ports & Terminals

Bangladesh has asked for a $1.2 billion in loans from China to build a deep-sea port to boost container handling in the country, an official said.

When ready, the planned port would increase the country's annual container handling capacity to Read More »

Brazil dockers suspend sugar loading slow-down

AJOT | October 27, 2010 | Ports & Terminals

Stevedores at Brazil's main port, Santos, suspended a slow-down that had delayed bagged sugar shipments and were waiting for an offer on pay and benefits, a union leader. Read More »

Port of Brunswick: investment, growth & opportunities

AJOT | October 27, 2010 | Ports & Terminals

Georgia Ports Authority (GPA) Executive Director Curtis J. Foltz announced that Colonel’s Island Terminal marked its highest tonnage volume ever at the State of the Port address. He also outlined actions required to achieve continued growth and prepare th Read More »

Essar Shipping to complete demerger in 3-4 months

AJOT | October 27, 2010 | Ports & Terminals

India's Essar Shipping Ports & Logistics expects to complete demerger of shipping, logistics and oilfields businesses from its ports business in three-four months, a top official said.

Post the demerger, which will simplify Essar Shipping's b Read More »

Konecranes builds extension to factory in Lingang, China

AJOT | October 27, 2010 | Ports & Terminals

An opening ceremony was held to celebrate the extension of Konecranes' factory in Lingang New City, Shanghai, China. Through the extension the production area has been doubled and the target is to increase the number of lift trucks produced in the factory Read More »

ATA truck tonnage index rose 1.7% in September

AJOT | October 27, 2010 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.7 percent in September after falling a revised 2.8 percent in August. The latest gain put the SA index at 108.7 (2000=100) in September from 106. Read More »

Transcontainer doubles H1 net ahead of IPO

AJOT | October 27, 2010 | Intermodal

Russia's Transcontainer more than doubled first-half net profit ahead of a London and Moscow IPO in which state-controlled parent Russian Railways hopes to earn up to $481 million by selling a nearly 35 percent stake. Read More »

Old Dominion profit tops Wall Street view

AJOT | October 27, 2010 | Intermodal

U.S. trucker Old Dominion Freight Line said profit more than doubled in the third quarter, topping analysts' expectations, on rising demand for hauling services and higher pricing. Read More »

CP Railway operating profit climbs

AJOT | October 27, 2010 | Intermodal

Canadian Pacific Railway reported a 28 percent jump in quarterly operating, on the back of increased freight revenue. Read More »

CN Rail profit beats market, predicts strong Q4

AJOT | October 27, 2010 | Intermodal

Canadian National Railway Co reported a better-than-expected 21 percent jump in its third-quarter profit and predicted a strong end to the year if the economy continues to hold up.

But CN, Canada's biggest railway, did not raise its earnings Read More »

CN reaches tentative agreement with union representing engineers on NQISL

AJOT | October 27, 2010 | Intermodal

CN announced that it has reached a tentative labor agreement with the Teamsters Canada Rail Conference (TCRC) union representing locomotive engineers who work on the Company's Northern Quebec Internal Short Line (NQISL). Read More »

Norfolk Southern Q3 profit tops forecasts

AJOT | October 27, 2010 | Intermodal

U.S. railroad Norfolk Southern Corp reported a higher-than-expected third quarter profit as volumes grew for the fifth straight quarter.

"We continue to see an economy characterized by slow growth, but growth nonetheless," Chief Executive Wic Read More »