Canadian job losses stun market, exports firm

AJOT | January 20, 2008 | International Trade

Canadian job losses in December were the heaviest since May 2003 as the softening US economy and strong currency battered manufacturers, making an interest rate cut by the Bank of Canada almost a certainty. Read More »

New Zealand takes Australia to WTO court over apples

AJOT | January 20, 2008 | International Trade

New Zealand is seeking a ruling from the World Trade Organisation (WTO) on whether tough Australian sanitary rules on imports of apples break global trading rules, a WTO document showed. Read More »

Hactl sets new annual tonnage record

AJOT | January 20, 2008 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) announced the tonnage throughput for December, the fourth quarter and for the whole year of 2007. In December, a total of 238,689 tons were handled, representing a 3% year-on-year increase over 2006. Tonnage h Read More »

Jet Airways upgrades aircraft, opens new routes

AJOT | January 20, 2008 | Air Cargo

Jet Airways Cargo continues to strengthen its offering to the UK and Irish markets with the introduction of B777 aircraft on its London-Delhi route. The new aircraft replace the smaller A340 equipment that originally opened the route. Read More »

Singapore Airlines to launch Singapore ’ Houston flights via Moscow Domodedovo Int’l Airport

AJOT | January 20, 2008 | Air Cargo

Effective March 20, 2008, Singapore Airlines will start operating Singapore ' Moscow (Domodedovo) ' Houston flights. The airline will operate Boeing 777-300ER aircraft four times a week. Read More »

NYK & HMM announce new service

AJOT | January 20, 2008 | Liner Shipping

NYK and Hyundai Merchant Marine (HMM) are pleased to announce an agreement to operate jointly in the container trade between Asia, South Africa, and the east cost of South America. Read More »

USL and ANL announce major service reconfiguration

AJOT | January 20, 2008 | Liner Shipping

US Lines (USL) and ANL announced a major realignment of their service structure in three key trade lanes in which their alliance operates. The changes are aimed at improving the service offered to their customers. Read More »

UASC receives first of new generation containerships

AJOT | January 20, 2008 | Liner Shipping

Under the patronage of United Arab Shipping Company (UASC) and in the presence of Sheikh Ali Bin Jassim Al-Thani, the Chairman of the Board, Mr. Othman Ibrahim Al Issa, Vice Chairman of the Board, distinguished Members of the Board and the Executive Manag Read More »

NYK Logistics acquires Bruni International

AJOT | January 17, 2008 | Transport Intermediaries

NYK Logistics (Americas), Inc. announced its acquisition of Bruni International, a customs brokerage, freight forwarding, and warehouse- and distribution-services company based in Laredo, Texas. Read More »

FedEx improves LTL services

AJOT | January 17, 2008 | Intermodal

FedEx Freight has improved its service in key US markets, and FedEx National LTL now provides long-haul shippers with improved on-time service reliability after re-engineering its network, FedEx Freight, an operating company of FedEx Corp. announced. Read More »

Yen falls as Bush plan lifts dollar

AJOT | January 17, 2008 | International Trade

The yen fell against the dollar and euro on Friday after rising Asian and European equities calmed markets, prompting investors to edge back into relatively risky carry trades. Read More »

FedEx launches International Economy in Asia Pacific

AJOT | January 17, 2008 | Air Cargo

FedEx Express, a subsidiary of FedEx Corp., announced the expansion of its customer portfolio of services with the launch of FedEx International Economy service in 10 Asia Pacific markets. Read More »

ZIM France opens an office in Le Havre

AJOT | January 17, 2008 | Liner Shipping

ZIM announced that as of January 2008, ZIM France S.A. Marseille offices are joined by a new office in Le Havre, France's fast growing and leading container hub port. Read More »

OOCL announces new Asia, Middle East service

AJOT | January 17, 2008 | Liner Shipping

Orient Overseas Container Line (OOCL) announced a new service providing direct links to the Straits, Middle East and India. The service, to be launched on February 1, 2008, is named the 'Asia India Middle East Service 2' (AIM2). Read More »

EU and Ukraine agree terms for Ukrainian WTO accession

AJOT | January 16, 2008 | Breakbulk & Projects

The European Union and Ukraine have resolved the final outstanding issues in their discussions on Ukraine's accession to the WTO. At a meeting in London, EU Trade Commissioner Peter Mandelson and Ukrainian Vice Prime Minister Hryhoriy Nemyrya sealed the f Read More »

TACA to hold line on surcharges through March 15th

AJOT | January 16, 2008 | Breakbulk & Projects

Based upon the latest monitoring of fuel prices, TACA's Bunker Adjustment Factor (BAF), will be held unchanged for a further period of thirty days, through, at least, March 15th, 2008 at the following levels: Read More »

Korean Register to class three ultra-large containerships

AJOT | January 16, 2008 | Breakbulk & Projects

Korean Register (KR) is to class three new-build ultra-large containerships. The 10,100 teu vessels, ordered by Danaos Corporation, are to be built by Hyundai Sambo Heavy Industries and will be delivered in 2011. This is the first time that Danaos - a lea Read More »

MSG moves forward despite judge’s denial of preliminary injunction

AJOT | January 16, 2008 | Breakbulk & Projects

Doing so "regretfully," Pennsylvania Commonwealth Court Judge Dan Pellegrini on January 14 denied a preliminary injunction requested by The Maritime Stakeholders Group (MSG) to block a land swap in which the Philadelphia Regional Port Authority (PRPA) wou Read More »

European Commission releases

AJOT | January 16, 2008 | Intermodal

The European Commission has released a comprehensive compilation of existing studies on external costs in the transport sector. This handbook, jointly prepared by several transport research institutes, summarizes the state of the art as regards the valuat Read More »

InBev opts for Quintiq for European transport planning system

AJOT | January 16, 2008 | Intermodal

Quintiq has been selected by InBev, a leading brewer, to manage the complex first line distribution all over Western Europe. The Quintiq planning system will have to combine Full Truck Load (FTL) and Less than Truck Load (LTL) between plants, ramps, sorti Read More »