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Old Dominion expands Midwest Region

AJOT | October 15, 2006 | Intermodal

Mike Wood, Vice President of the Midwest Region for Old Dominion Freight Line, Inc., announced the October 9th opening of two new service centers in the LTL carrier's Midwest Region: Rockford, Illinois and Saginaw, Michigan. Read More »

Matson’s fast boat from China furnishes ‘FAB-ulous’ solution

AJOT | October 15, 2006 | International Trade

In a shift from tradition, FAB/Starpoint LLC is counting on a fast boat from China ' Matson Navigation Co.'s China-Long Beach Express ' to keep children's backpacks and a host of fashion accessories on US shelves. (FAB is short for Fashion Accessory Bazaa Read More »

Dollar slips after record US trade gap in August

AJOT | October 15, 2006 | International Trade

The dollar edged down against the yen and euro last week after a report showed the second consecutive record US trade deficit in August, but improved sentiment on the US economy stemmed the decline. Read More »

China, ASEAN speed up tariff reduction process

AJOT | October 15, 2006 | International Trade

China and the 10 members of the Association of Southeast Asian Nations (ASEAN) are speeding up the tariff reduction process to facilitate establishment of the free trade area (FTA), according to a senior foreign trade official in Beijing. Read More »

China aims for balanced exports, imports in 2010

AJOT | October 15, 2006 | International Trade

China is aiming to achieve a "basic balance" in its imports and exports in 2010 as it works to slow growth in its total trade, according to the Ministry of Commerce. Read More »

GATX to sell majority of aircraft leasing business

AJOT | October 15, 2006 | Air Cargo

GATX Corporation announced that it has signed a definitive agreement to sell the majority of its aircraft leasing business to a consortium of investors including Macquarie Bank and affiliated investment funds of Och Ziff Capital Management Group. The tran Read More »

Emirates signs for 20 Boeing 747-8 freighters

AJOT | October 15, 2006 | Air Cargo

Emirates Airline signed a contract for 10 Boeing 747-8F's and announced purchase rights for a further 10 747-8F's. The combined value of these 20 aircraft is worth an estimated $5.6 billion at list prices. The contract for the 10 Boeing 747-8F's formalize Read More »

Lufthansa Cargo to run Europe’s most modern airport animal station

AJOT | October 15, 2006 | Air Cargo

Grundbesitz & Beteiligungs AG, Bensheim, and the Hessian Ministry of Environment, Rural Areas and Consumer Protection recently took part in a symbolic groundbreaking ceremony that heralded the commencement of construction of a new animal station at Frankf Read More »

Mediterranean Shipping Company & Port of Boston celebrate twenty years of ship calls

AJOT | October 15, 2006 | Liner Shipping

Two decades is a lot of years for a steamship line to be calling at a port. More often, the business of liner shipping and port management is too rambunctious, and full of change, to support such constancy. Read More »

MOL reports on iron ore carrier Giant Step incident

AJOT | October 15, 2006 | Liner Shipping

MOL reported that the MOL-operated iron ore carrier Giant Step went aground offshore Kashima Port in Ibaragi Prefecture about 5:20 p.m. on October 6, 2006. Of 26 crewmembers, two lost their lives and eight are missing and the company is now working to con Read More »

Maersk adds new service to Port Everglades

AJOT | October 15, 2006 | Liner Shipping

Maersk Line is significantly expanding its presence at Broward County's Port Everglades by bringing its new NASA service to/from the East Coast of South America to APM Terminals, located at the Greater Fort Lauderdale seaport. In partnership with APL and Read More »

Michaels Stores names MOL ‘Carrier of The Year’

AJOT | October 15, 2006 | Liner Shipping

Michaels Stores Inc. has named MOL, Ltd. one of its top two transport carriers for 2006. The announcement took place at the Irving, Texas based company's 10th annual Vendor Strategy Conference. Read More »

Premium Article  Mediterranean/ Middle East/Africa Trade - Grimaldi Group adds containers to ro-ro offering

AJOT | October 08, 2006 | Air Cargo

The Grimaldi Group is continuing to augment its services from North America to West Africa. Beginning next month, Grimaldi, the Naples, Italy-based operator of ro-ro and multipurpose ro-ro/container vessels, will inaugurate a new, twice-monthly direct ser Read More »

Premium Article  Mediterranean/ Middle East/Africa Trade - Dubai offers one-stop business services

AJOT | October 08, 2006 | Air Cargo

Dubai is flourishing. Nowhere is the “new” Middle East more obvious than this emirate in the United Arab Emirate (UAE). At the time the UAE federation of seven sheikhdoms was formed in 1971, Dubai was a small town of 183,000 inhabitants straddling a creek Read More »

Mediterranean and Middle East ports grow with traffic trends

AJOT | October 08, 2006 | Breakbulk & Projects

Mediterranean European ports have always faced tough competition with the ports of Northern Europe, which handle the bulk of Europe's cargo due to their close proximity to Western Europe's most dense and wealthiest population and excellent hinterland conn Read More »

JAXPORT promotes Massa to Dir. Ro/Ro, Military and Global Carrier Sales

AJOT | October 08, 2006 | Breakbulk & Projects

The Jacksonville Port Authority (JAXPORT) has promoted veteran maritime professional Benjamin M. Massa to the position of Director, Ro/Ro, Military and Global Carrier Sales within the Trade Development and Marketing department. In his new role, Massa will Read More »

VPA has highest bond rating of all East Coast Ports

AJOT | October 08, 2006 | Breakbulk & Projects

Following an extensive review by three national bond rating agencies, the Virginia Port Authority (VPA) has become the first major port owner/operator on the US East Coast to carry a 'double A' bond rating. Read More »

Deltaport Third Berth Project receives Provincial Government approval

AJOT | October 08, 2006 | Breakbulk & Projects

Vancouver Port Authority (VPA) President and CEO, Captain Gordon Houston, recently welcomed the announcement by the provincial Ministry of Environment, that the B.C. Environmental Assessment Office (EAO) has approved the development of the VPA's Deltaport Read More »

Commissioner of US Customs & Border Protection to speak in Boston

AJOT | October 08, 2006 | Transport Intermediaries

Commissioner of Customs & Border Protection, W. Ralph Basham, will make his first address to the New England international trade community on Wednesday, November 15, 2006 at the 5th Annual Northeast Cargo Symposium at the Harvard Club in Boston, hosted by Read More »

New Education Director joins NCBFAA’s Washington, DC staff

AJOT | October 08, 2006 | Transport Intermediaries

National Customs Brokers & Forwarders Association of America, Inc. (NCBFAA) Executive Vice President barbara reilly announced that Jan paul Miller, is the new NCBFAA Education Director. In his new position, Director Miller is responsible for ensuring that Read More »

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