Cornerstone ceremony for new air cargo facility at Frankfurt Airport

AJOT | February 07, 2008 | Air Cargo

After receipt of the building permit and extensive preparatory work at the estate, about 50 guests met to lay the cornerstone for the 8,000 sqm large building. The new building which will be constructed close to the premises of Fraport Cargo Services is e Read More »

Premium Article  More complications for international traders

Peter Buxbaum | February 03, 2008 | International Trade

US Customs and Border Protection wasted no time starting the new year off with a bang. On January 2, the agency issued a notice of proposed rulemaking regarding the filing of additional elements of advance trade data. Read More »

Premium Article  US not ready to handle boom from Panama Canal expansion

Paul Scott Abbott | February 03, 2008 | Intermodal | International Trade | Ports & Terminals | Transport Intermediaries

US ports and inland transportation networks aren’t ready to handle trade growth associated with Panama Canal expansion – and they won’t be unless there are swift changes to governmental processes. Read More »

Premium Article  Panama Canal workshop draws 200 to Tampa

Paul Scott Abbott | February 03, 2008 | International Trade | Ports & Terminals

Indicative of the high interest in developments surrounding the expansion of the Panama Canal, more than 200 port industry leaders gathered Jan. 23-24 in Tampa for the Shifting International Trade Routes: Planning for the Panama Canal Expansion workshop, Read More »

Premium Article  Breakbulk trends shifting as exports rise, box use up

Paul Scott Abbott | February 03, 2008 | Breakbulk & Projects

Outbound containers filled with steel coils or lumber are indicative of recent trends in ocean transport of traditional breakbulk commodities, reflecting factors such as the weakness of the US dollar and a push to fill boxes that otherwise might have move Read More »

Premium Article  SSA Marine security head: TWIC is ‘more than heavy lift’

Paul Scott Abbott | February 03, 2008 | International Trade | Ports & Terminals

This year’s nationwide implementation of the Transportation Worker Identification Credential program remains a daunting task, but progress is being made, according to Bill L. DeWitt, corporate security director for SSA Marine, which operates four dozen US Read More »

Premium Article  Dry bulk freight rates fall: What’s next?

George Lauriat | February 03, 2008 | Breakbulk & Projects

Since mid-December the dry cargo freight rates have been in a free fall. The reasons are varied ranging from port congestion woes, disruption in the production of key bulk freights and widespread economic fears, starting with the US. The bulk shipping mar Read More »

Premium Article  Bulk trends remain strong on Canada’s east coast

Leo Ryan | February 03, 2008 | Breakbulk & Projects | Ports & Terminals

Within the context of the continuing hot global bulk/breakbulk market, Canadian ports on the eastern seaboard are more than holding their own – despite the rising shift of bulk cargo to containers and the reduction of breakbulk services. Read More »

EIB provides EUR 900m for Maasvlakte 2 in Rotterdam

AJOT | February 03, 2008 | Breakbulk & Projects

President Maystadt of the European Investment Bank (EIB) and Mr. Smits, chief executive officer of the Havenbedrijf Rotterdam N.V. (HbR) signed a first financing contract of EUR 100 million for the Maasvlakte 2 project of the Port of Rotterdam Authority ( Read More »

Port of Virginia responsible for 340,000 Jobs, $41 Billion

AJOT | February 03, 2008 | Breakbulk & Projects

The Port of Virginia's three general cargo marine terminals in fiscal 2006 accounted for more than 340,000 jobs across the Commonwealth and in excess of $41 billion in total revenues, says an economic impact study that was recently completed by the Mason Read More »

Construction to begin on I-81 rail corridor improvements

AJOT | February 03, 2008 | Intermodal

The Virginia Department of Rail and Public Transportation (DRPT) announced the execution of an agreement for I-81 rail corridor improvements to benefit rail operations in Virginia. The $57 million contract signed with Norfolk Southern in January is a maj Read More »

Teamsters respond to court ruling on Hours-of-Service

AJOT | February 03, 2008 | Intermodal

Teamsters General President Jim Hoffa said he is disappointed that the court declined to end a dangerous rule that lets truckers drive longer hours. Read More »

Norfolk Southern reports strong Q4, 2007 results

AJOT | February 03, 2008 | Intermodal

Norfolk Southern Corporation reported record fourth-quarter 2007 net income of $399 million, an increase of four percent, compared with $385 million for fourth-quarter 2006. Diluted earnings per share were $1.02, up seven percent, compared with the $0.95 Read More »

Trade powers eye new WTO push

AJOT | February 03, 2008 | International Trade

Rich and poor countries aim to meet around Easter to try to seal a long- elusive global trade deal before President George W. Bush leaves office, ministers said. Read More »

North Asian power firms wince at China coal export ban

AJOT | February 03, 2008 | International Trade

Japanese and South Korean utilities scrambled to get details on China's move to ban coal exports for the next two months, but said they had been bracing for more bad news following a year of uncertain shipments. Read More »

China urges Doha trade deal

AJOT | February 03, 2008 | International Trade

China called for a successful conclusion this year of the Doha global trade talks to shield the broader world economy from the difficulties faced by many countries. Read More »

EU requests WTO talks on Thai customs practices

AJOT | February 03, 2008 | International Trade

The European Commission has requested consultations at the World Trade Organization over Thailand's customs practices which it complains are damaging EU industry, notably wine and spirits exporters, it said. Read More »

Freight Feeder Aircraft to accommodate larger containers

AJOT | February 03, 2008 | Air Cargo

Freight Feeder Aircraft Corporation announced it made the decision to upgrade the design of its Freight Feeder aircraft by slightly widening the cargo-bay to accommodate six of the larger 96in x 125in "main deck" standard industry containers and pallets, Read More »

Cargo B Airlines’ Second 747F starts operations

AJOT | February 03, 2008 | Air Cargo

Following the certification and government approval on January 18th, the second aircraft from Cargo B will start flights from Brussels to Sao Paulo, Brazil and Latacunga in Ecuador on January 29th. A second weekly flight will start in early February. Thi Read More »

Pacific shipping lines gain ground on fuel costs

AJOT | February 03, 2008 | Liner Shipping

Container shipping lines operating in the critical import trade lane from Asia to the US are reporting progress in their customer negotiations to more equitably share rising fuel costs. At the same time, the lines are operating at highly utilized levels, Read More »