China may channel reserves to US. infrastructure

AJOT | December 04, 2011 | Intermodal

China may channel part of its huge pool of foreign exchange reserves into investment in U.S. infrastructure, including rail and transportation networks, Commerce Minister Chen Deming said. Read More »

Con-way Truckload raises nearly $65,000 in Annual Truckloads of Treasures Holiday Giving Campaign

AJOT | December 04, 2011 | Intermodal

Con-way Truckload, a full-truckload carrier and subsidiary of Con-way Inc. announced that its employees raised approximately $65,000 in the company's 18th Annual Truckloads of Treasures holiday giving campaign. In addition to nearly matching last year's c Read More »

Pershing sees progress in talks with Canadian Pacific

AJOT | December 04, 2011 | Intermodal

Pershing Square Capital Management said its talks with Canadian Pacific Railway, Canada's No 2, railway, have so far been productive. Read More »

Airbus alleges US. interference in $22 billion Boeing deal

AJOT | December 04, 2011 | International Trade

Europe's Airbus accused the White House of derailing open competition by helping Boeing Co win a record aircraft deal in Indonesia as details emerged of a behind-the-scenes struggle over jobs and airplane sales worth almost $22 billion. Read More »

EU says complies with WTO in Airbus-Boeing dispute

AJOT | December 04, 2011 | International Trade

The European Union said it had met a deadline for complying with a WTO ruling against billions of euros of illegal subsidies for aircraft maker Airbus and outlined its actions in a letter to the United States and the World Trade Organization. Read More »

Fickle India government puts foreign supermarkets

AJOT | December 04, 2011 | International Trade

India has put a plan to open up its retail industry to foreign supermarkets on hold, a senior government source said, an embarrassing turnaround for a beleaguered government fighting to retain the support of key allies. Read More »

CMA CGM dips into red, puts faith in scale

AJOT | December 04, 2011 | Liner Shipping

CMA CGM's full-year earnings will "probably" dip into the red after postings a quarterly net loss, its finance director said as the world's third-largest container shipping firm announced an alliance with Mediterranean Shipping Co (MSC) to add muscle. Read More »

NOL denies making bid for Hapag-Lloyd

AJOT | December 04, 2011 | Liner Shipping

Singapore's Neptune Orient Lines (NOL), the world's sixth largest container shipping firm, said it was not making a bid for German rival Hapag-Lloyd AG. Read More »

Sanctions blowback crippling Iran’s shipping trade

AJOT | December 04, 2011 | Liner Shipping

Iran's vital seaborne trade is suffering from escalating sanctions pressure as shipping companies scale down activities or pull out, with the Islamic Republic facing more hurdles in transporting its oil, trade and shipping sources say. Read More »

InterMax transports large and heavy wind power tower tubes in China

AJOT | December 01, 2011 | Breakbulk & Projects

InterMax Logistics Solution (ITM), a member of China to Cargo Equipment Experts CEE network, has delivered two Wind Power Tower Tubes from Hengshui, Hebei to Wuchuan County, Hohhot City, Inner Mongolia Autonomous Region in China. Read More »

Coal carrier Shunwa makes 1st post-quake call at Port of Soma

AJOT | December 01, 2011 | Breakbulk & Projects

Mitsui O.S.K. Lines, Ltd. announced that the MOL-operated coal carrier Shunwa arrived at the Pier No.2 in the Port of Soma, Fukushima Prefecture on November 30 ' the first coal carrier to call at Soma since the Great East Japan Earthquake and Tsunami. The Read More »

Crowley sells CATCO all-terrain vehicles and assets to peak

AJOT | December 01, 2011 | Breakbulk & Projects

Crowley Maritime Corp. has announced that it has sold its fleet of company-owned CATCO' Arctic All-Terrain vehicles and related assets, including a warehouse and office facility in Deadhorse, Alaska, to Peak Oilfield Services Company. Read More »

India to see spurt in ship breaking activity

AJOT | December 01, 2011 | Breakbulk & Projects

India is expected to see a spurt in ship breaking activity in the next two years as the shipping industry grapples with excessive capacity in a weak business environment, Crisil said. Read More »

Wood chip carrier Pro Grace makes 1st post-quake call at Port of Ishinomaki

AJOT | December 01, 2011 | Breakbulk & Projects

Mitsui O.S.K. Lines, Ltd. announced that the MOL-operated wood chip carrier Pro Grace arrived at Minamihama No.1 Pier in the Port of Ishinomaki, Miyagi Prefecture, which was recently rebuilt after the Great East Japan Earthquake and Tsunami. Read More »

2012 port dues in Rotterdam the same as 2011 and transhipment discount for containers

AJOT | December 01, 2011 | Ports & Terminals

The port dues in Rotterdam next year will, by and large, stay the same as this year. This has been agreed by Deltalinqs (the Rotterdam business association for port and industrial companies), the Port of Rotterdam Authority and the VRC (Association of Rot Read More »

DCT tests its new STS cranes

AJOT | December 01, 2011 | Ports & Terminals

DCT Gdansk, the Baltic’s most modern container terminal, is now capable of operating more efficiently than ever. New post-Panamax STS cranes from Liebherr delivered to DCT on August 8th 2011 and assembled on site were deployed in mid November, more than 2 Read More »

New stevedoring company starts US West Coast operations in Port of Richmond, CA

AJOT | December 01, 2011 | Ports & Terminals

APS Stevedoring LLC, a new auto and general/breakbulk cargo stevedoring company headquartered in Long Beach, CA, began its first operations at the end of October in the Port of Richmond, Calif. Read More »

Bombardier wins $214 mln railway contract in India

AJOT | December 01, 2011 | Intermodal

Bombardier Inc's train unit received a contract worth $214.4 million (11.2 billion Indian rupees) to make railway equipment for India's Mumbai Railway Vikas Corp (MRVC). Read More »

China keen to build roads, railways in Uganda

AJOT | December 01, 2011 | Intermodal

China has said it wants to build roads and railways in Uganda, where the Asian giant has already been rapidly expanding its economic footprint in recent years, according to the office of the Ugandan president. Read More »

Con-way multimodal enters Dallas market with new office

AJOT | December 01, 2011 | Intermodal

Con-way Multimodal, a division of Con-way Inc.'s operating unit Menlo Worldwide Logistics, today announced that on Dec. 5, it will open a new branch office in Frisco, Texas, a rapidly growing suburb of Dallas. Read More »