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China’s CHEC in $600 million Venezuela port project

AJOT | September 02, 2010 | Ports & Terminals

Venezuela is refurbishing its main port, Puerto Cabello, with Chinese help at a cost of $600 million after decades of under-investment and spurred on by a scandal over rotting food, officials said.

China Harbor Engineering Company (CHEC), a s Read More »

Southeastern Freight Lines provides customers new estimated time of delivery service

AJOT | September 02, 2010 | Intermodal

Southeastern Freight Lines, a regional less-than-truckload (LTL) transportation services provider, is introducing a service feature new to the LTL industry: Estimated Time of Delivery (ETD). Southeastern can now estimate the delivery of a shipment within Read More »

Harsco receives new rail equipment orders totaling million

AJOT | September 02, 2010 | Intermodal

Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced new orders totaling $13 million for its Harsco Rail unit, including orders from Bangladesh and Liberia, as the Company continues to expand the internatio Read More »

CN gearing up for fall grain harvest

AJOT | September 02, 2010 | Intermodal

The Canadian harvest is getting underway and CN is ready to meet the demand. CN's objective is to move this year's crop more reliably than it ever has before. And CN has launched a Scheduled Grain Plan to do just that. Read More »

DB Schenker Rail to invest in new freight cars and locomotives

AJOT | September 02, 2010 | Intermodal

DB Schenker Rail, the Deutsche Bahn freight operator, will invest approx. EUR 410 million primarily in new freight cars and locomotives throughout Europe this year. "This is a record amount which we plan to invest at exactly those points where there is in Read More »

Kansas City Southern says post-storm volumes surge

AJOT | September 02, 2010 | Intermodal

Kansas City Southern said that it expects its second-half revenue to increase almost 20 percent due to rebounding freight volumes, providing what it characterized as a "very strong finish" to the year. Read More »

Ex-Yugo states to form joint cargo railway firm

AJOT | September 02, 2010 | Intermodal

Three ex-Yugoslav republics will next week form a joint railway company, aiming to win back some of the cargo market in central Europe lost during the ethnic wars of the 1990s. In a rare display of close business cooperation, Slovenia, Croatia and Serbia Read More »

U.S. turns down China currency probes in two cases

AJOT | September 02, 2010 | International Trade

The U.S. Commerce Department decided not to investigate whether China subsidizes exports to the United States by undervaluing its currency, prompting renewed calls for Congress to act on the issue.

"It's clear that China games the system by m Read More »

Myanmar could become a top rice exporter

AJOT | September 02, 2010 | International Trade

Military-ruled Myanmar, once the world's biggest rice exporter, is taking steps to revive the sector after years of mismanagement and could become a top exporter again in a few years, officials and traders said.

Under British colonial rule, t Read More »

Southeast Asia drinks sector sparkles

AJOT | September 02, 2010 | International Trade

Global drinks firms, thirsty for acquisitions to expand their offerings and reach, are eyeing assets in Southeast Asia, as tough regulatory hurdles quash their interest in giants China and India.

Some deals are already in the bag, with Kirin Read More »

Siam Cement sees good demand, ASEAN expansion

AJOT | September 02, 2010 | International Trade

Siam Cement, Thailand's leading industrial conglomerate, plans to invest at least 20 billion baht ($639 million) at home and abroad over the next five years to expand its cement business and upgrade products, Pramote Techasupatkul, president of SCG Cement Read More »

World trade grows by 25 pct in 2nd quarter

AJOT | September 02, 2010 | International Trade

World trade continued to rebound strongly in the first half of this year, rising by over a quarter from year-ago levels, with emerging economies showing particularly powerful export growth, World Trade Organization figures showed.

Trade typic Read More »

China’s world factory: little Christmas order cheer

AJOT | September 02, 2010 | International Trade

In late summer, production lines across China's "world factory" usually crank up to meet a surge in Christmas orders. Activity this year, however, has been relatively modest on weak Western demand. Read More »

DHL proves invaluable in supporting US upstart’s explosive growth

AJOT | September 02, 2010 | Air Cargo

DHL, the world's leading logistics company, announced that it is now the exclusive international express delivery provider for Stretchy Shapes, the market leader in upscale, durable and highly collectible fun-shaped bracelets. DHL Express is helping the B Read More »

Hactl announces August tonnage throughput

AJOT | September 02, 2010 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) released its tonnage throughput for August 2010. A total of 243,039 tons were handled in the month, representing a year-on-year growth of 17.5%. Cumulative tonnage for the first eight months of the year was 1, Read More »

Hactl provides staunch support to Midex Airlines

AJOT | September 02, 2010 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) has announced that Midex Airlines has appointed Hactl's one-stop-shop service for cargo ground handling at Hong Kong International Airport, including physical cargo handling, air cargo documentation, ramp hand Read More »

Combined WWPC power in historical airlift to China

AJOT | September 02, 2010 | Air Cargo

Oy Procargo - Professional Cargo Care Ltd, WWPC Member for Finland and Ocean Knight Shipping, WWPC Member for Shanghai/China, combined forces to arrange for a safe and ontime delivery of a 34 tons metallic roll plus other equipment from Finland to a paper Read More »

Oregon International Air Freight Co. and OIA Global Loggistics-SCM, Inc. acquired by LDI LTD

AJOT | September 02, 2010 | Air Cargo

LDI Ltd., LLC, a private holding company in Indianapolis with interests in distribution and logistics, announced that it has recapitalized and acquired majority control of Portland-based Oregon International Air Freight Co. and OIA Global Logistics-SCM, I Read More »

Qantas Freight will offer courier and baggage delivery services

AJOT | September 02, 2010 | Air Cargo

Qantas Freight announced it had begun offering courier and baggage delivery services to Qantas and third party customers under the new brand name Qantas Courier.

Executive Manager Qantas Freight, Mr Stephen Cleary, said Qantas Courier had bee Read More »

Keeling predicts little Xmas rush for air freight

AJOT | September 02, 2010 | Air Cargo

Julian Keeling predicts "little or no Christmas 'rush' for air freight as the 2010 Holiday season approaches. The chief executive of Consolidators International, Inc. (CII), says "with U.S. unemployment hovering around the 10 per cent mark, housing sharpl Read More »

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