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Gutierrez touts record export levels

AJOT | December 17, 2006 | International Trade

US Commerce Secretary Carlos M. Gutierrez issued the following statement on the October US International Trade in Goods and Services, which shows the trade deficit narrowed to $58.9 billion. Read More »

CAFTA-DR Provides US manufacturers with trade and investment opportunities

AJOT | December 17, 2006 | International Trade

The implementation of the United States-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) provides US manufacturing companies with a promising set of trade and investment opportunities, according to a new Manufacturers Alliance/MAPI repor Read More »

Ports say October US exports extend uptrend

AJOT | December 17, 2006 | International Trade

Containerized US export volumes extended their uptrend in October vs. September, lifted in part by ongoing dollar weakness, while import volumes eased at several major harbors as the peak holiday shipping season waned, according to port officials. Read More »

Airline ownership rule, EU open skies on hold for now

AJOT | December 17, 2006 | Air Cargo

A US Department of Transportation proposal that would have changed the rules governing international investment in US airlines is dead, at least for now. With its demise, negotiations with the European Union over an open skies agreement also gets put on h Read More »

DHL spreads holiday cheer to US troops in Mid East

AJOT | December 17, 2006 | Air Cargo

An aircraft carrying a special holiday shipment lifted off from Los Angeles International Airport on Dec. 8 destined for US troops stationed in Iraq. DHL has partnered with the March Joint Powers Authority (JPA), local businesses in Southern California an Read More »

Finnair Indian services get off to flying start

AJOT | December 17, 2006 | Air Cargo

Finnair began operations direct from India on October 31st with three flights per week, using MD-11 aircraft. Already, the carrier is evaluating a possible increase to five flights per week early in the new year.

Major commodities from India are garme Read More »

Horizon Lines Chairman calls for better trade security cooperation in 2007

AJOT | December 17, 2006 | Liner Shipping

Charles G. 'Chuck' Raymond, Chairman, President and CEO of Horizon Lines, Inc. recently called for greater cooperation between all segments of the container industry and the government to achieve real results in trade security next year. His remarks were Read More »

MOL pledges to assist with UNHCR aid transport and purchase of emergency supplies

AJOT | December 17, 2006 | Liner Shipping

On Nov. 30 Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) pledged to provide financial aid of '2.5 million for the purchase of supplies such as emergency tents and to transport five containers of relief supplies without charge between Shenzhe Read More »

Intermarine takes delivery of second newbuilding

AJOT | December 17, 2006 | Liner Shipping

The M/V Industrial Destiny, the second of six new heavy lift ships joining the Intermarine services fleet, was delivered in early November. Built by the ENVC shipyard in Viana do Castelo, Portugal, the first voyage of the vessel carried Power Generation a Read More »

Premium Article  ANALYSIS & PERSPECTIVE 2006 - Critical issues continue to impact air cargo, yet optimism prevails

AJOT | December 10, 2006 | Air Cargo

What a year this has been for the air cargo industry! Topping the worry list were skyrocketing fuel prices, terrorist threats, airline bankruptcies, and fuel surcharge scandals, not to mention the usual imbalanced trade lanes across the Pacific and the do Read More »

Premium Article  ANALYSIS & PERSPECTIVE 2006 - Critical issues continue to impact air cargo, yet optimism prevails

AJOT | December 10, 2006 | Air Cargo

What a year this has been for the air cargo industry! Topping the worry list were skyrocketing fuel prices, terrorist threats, airline bankruptcies, and fuel surcharge scandals, not to mention the usual imbalanced trade lanes across the Pacific and the do Read More »

Premium Article  ANALYSIS & PERSPECTIVE 2006 - New gateway horizons for Canada’s marine industry

AJOT | December 10, 2006 | Air Cargo

Amidst a changing landscape, Canada’s marine industry is poised for major developments in 2007 as foreign and domestic investors are giving a hard look at gateway opportunities on both the East and West Coasts. This has included substantial forays into co Read More »

Marine terminals hot properties for investors

AJOT | December 10, 2006 | Breakbulk & Projects

A little less than a month ago, the Ontario's Teachers Pension Plan (OTPP) announced that the fund had signed an agreement with Orient Overseas (International) Limited of Hong Kong (parent of ocean carrier OOCL-Orient Overseas Container Line) to purchase Read More »

Port of Tacoma re-finances long-term debt, saves $5.3 million

AJOT | December 10, 2006 | Breakbulk & Projects

On November 30, 2006, the port competitively bid $111.5 million of revenue and general obligation (G.O.) bond debt, formerly at interest rates of 5.25% and 5.02%, respectively. Read More »

VPA announces new trucking policy

AJOT | December 10, 2006 | Intermodal

The Vancouver Port Authority (VPA) has announced a new trucking policy, including a new license agreement, in support of its strategic trucking program. The new policy will introduce new and more rigorous licensing, audit and enforcement provisions that w Read More »

CN buys northwestern Alberta short-line from Savage Companies

AJOT | December 10, 2006 | Intermodal

CN announced the purchase of Savage Alberta Railway, Inc. (SAR), a 345-mile short-line railway, from Savage Companies of Salt Lake City, Utah, for C$25 million. Read More »

SLH Transport chooses Transportation Costing Group

AJOT | December 10, 2006 | Intermodal

Transportation Costing Group (TCGTM) announced that Kingston, Ontario-based SLH Transport has implemented its Truckload Cost Information SystemTM (TL/CIS') and is benefiting from several very specific features of the advanced solution. Read More »

Tam Brazilian Airlines chooses Globe Air Cargo’s

AJOT | December 10, 2006 | Air Cargo

TAM Brazilian Airlines, the largest airline in Brazil, has appointed Globe Air Cargo as its exclusive GSA partner in the UK and Ireland to support the launch of its new daily services from London Heathrow to Sao Paulo.

In addition to Sao Paulo, the ai Read More »

GAC brings flying giant into service for major music fest

AJOT | December 10, 2006 | Air Cargo

'It is really exciting to see the Antonov at East Midlands,' said Bronwyn Mead, Manager of GAC Logistics' East Midlands branch. 'The aircraft was originally designed to carry the Russian Space Shuttle. However, with the scaling down of the Russian space p Read More »

Lufthansa Cargo is launch carrier for TRAXON CDMP, new quality-management initiative

AJOT | December 10, 2006 | Air Cargo

TRAXON Europe, the leader in electronic communications and value-added services to the international airfreight industry, has introduced a software program, TRAXON CDMP (Cargo Data Management Portal), to help airlines improve the quality and reliability o Read More »

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