Horizon Lines tanks on potential bankruptcy

AJOT | April 03, 2011 | Liner Shipping

Horizon Lines shares lost nearly half of their value a day after the container shipping and logistics company said it could be forced to seek bankruptcy protection for not being able to comply with its debt agreements.

Horizon Lines, whose customers i Read More »

APL to scan Japan exports before loading on ships

AJOT | April 03, 2011 | Liner Shipping

Global shipping line APL said it will begin radiation scanning of containerized Japanese exports delivered to its marine terminal here for transport on APL vessels.

The decision makes APL one of the first container carriers to undertake large-scale c Read More »

Hapag-Lloyd to resume calls at Tokyo port, radiation fears ease

AJOT | April 03, 2011 | Liner Shipping

Hapag-Lloyd , the world's fifth biggest container shipper, will resume operations to the ports of Tokyo and Yokohama this week as radiation worries from Japan's quake-crippled nuclear plant eased.

The German firm was one of only four maritime companie Read More »

CEE gives support to SCHEUERLE in unique heavy transformer movement through tunnel

AJOT | March 30, 2011 | Breakbulk & Projects

For a pumped-storage plant in Kaprun, the company Felbermayr Transport and Hebetechnik heavy load specialists took on the task of transporting a 220 ton transformer. The transportation route to the final destination over 300 km away was mastered by means Read More »

International Marine Transport and MOL Tankship Management 
agree on merger

AJOT | March 30, 2011 | Breakbulk & Projects

Mitsui O.S.K. Lines, Ltd. announced that two of its group companies'International Marine Transport Co., Ltd. and MOL Tankship Management Ltd. ' have agreed to merge effective April 1, 2011, and continue and expand their business as MOL Ocean Expert Co., L Read More »

China COSCO sees

AJOT | March 30, 2011 | Breakbulk & Projects

China COSCO Holdings Co Ltd , the country's top shipping conglomerate, said it sees huge challenges in the dry bulk shipping market, although freight rates could rise later in the year.

China COSCO Chairman Wei Jiafu also urged shipping companies to b Read More »

Ceres Terminals appoints Vitolo Senior VP & CFO

AJOT | March 30, 2011 | Ports & Terminals

Ceres Terminals Incorporated announced the appointment of John J. Vitolo as the Company’s Senior Vice President and Chief Financial Officer. Mr. Vitolo brings close to thirty years finance experience to the Ceres organization.

In his new role as CFO Read More »

Port of Indiana receives first international ship of the season

AJOT | March 30, 2011 | Ports & Terminals

The Port of Indiana-Burns Harbor celebrated the opening of its 41st international shipping season with the arrival of the “M/V Avonborg.” Port and local officials boarded the vessel for a brief ceremony, presenting the ship’s captain, Capt. Gert J.K. Mol, Read More »

Mega-size container cargo ship arrives at Port Everglades

AJOT | March 30, 2011 | Ports & Terminals

A mega-size cargo ship, the largest container cargo ship in the history of Port Everglades, arrived in South Florida this morning carrying cargo from Northern Europe to South Florida. Read More »

ATA President Graves to Congress: give us the affordable fuel we need

AJOT | March 30, 2011 | Intermodal

American Trucking Associations President and CEO Bill Graves told members of the House Natural Resources Committee that policymakers need to step up and ensure that the trucking industry has access to affordable diesel fuel.

'There is no single soluti Read More »

ATA Chairman Windsor tells Congress trucking needs a highway bill

AJOT | March 30, 2011 | Intermodal

Barbara Windsor, president and CEO of Hahn Transportation Inc., and chairman of American Trucking Associations, told members of the House Transportation and Infrastructure Committee's Subcommittee on Highways and Transit that the trucking industry needed Read More »

OneTerminal TMS saving local cartage companies time and money

AJOT | March 30, 2011 | Intermodal

JSY Software, a leading provider of software solutions for local trucking, announced the availability of OneTerminal TMS V2.0, a software application designed specifically for managing the operations of trucking companies that operate from a single locati Read More »

Mexican tribunal OKs Grupo Mexico railroad merger

AJOT | March 30, 2011 | Intermodal

A Mexican tribunal ruled in favor of Grupo Mexico in its fight to merge its two railroad units, throwing out a complaint by competition authorities, the company and the antitrust regulator said.

Grupo Mexico, which owns copper mines in Mexico, Peru an Read More »

WTO to rule on claims Boeing received subsidies

AJOT | March 30, 2011 | International Trade

A long-running transatlantic trade dispute over illegal state handouts for Airbus and Boeing comes to a head with the latest ruling from the World Trade Organisation.

The United States and European Union, both trading superpowers, have been fighting c Read More »

US, Colombia talks making

AJOT | March 30, 2011 | International Trade

The United States and Colombia are moving toward an agreement in talks on anti-union violence in Colombia that has blocked approval of a free trade deal, the top U.S. trade official said.

"We're making very good progress," U.S. Trade Representative Ro Read More »

EU sanctions on Ivorian cocoa exports still valid

AJOT | March 30, 2011 | International Trade

European Union sanctions on Ivory Coast remain in force, including an embargo on cocoa shipments from major exporting port San Pedro, EU diplomats in Brussels said.

Forces loyal to Alassane Ouattara -- internationally recognised as the winner of Novem Read More »

No unfair nuclear-linked export bans, Japan pleads

AJOT | March 30, 2011 | International Trade

Japan asked importers not to impose any "unfair" import bans on its goods as a result of the nuclear accident that resulted from an earthquake and tsunami in the country on March 11. Read More »

WTO panel report found Boeing subsidies

AJOT | March 30, 2011 | International Trade

A World Trade Organization panel report to be released will show that plane maker Boeing received illegal U.S. government subsidies, a top European Union official said.

"I believe that today will be a significant day for the transparency of the aviati Read More »

Brazil OJ firms clear first hurdle in merger

AJOT | March 30, 2011 | International Trade

The proposed merger of two juice processors in Brazil, the world's top orange juice exporter, would not create unfair competition in the sector, Brazilian Finance Ministry officials said in a report.

In May last year, Citrovita, owned by Brazil's Voto Read More »

US, China wind turbine talks ‘very productive’

AJOT | March 30, 2011 | International Trade

U.S. Trade Representative Ron Kirk expressed hope a dispute over China's support for domestic wind turbine manufacturers can be resolved before a World Trade Organization panel hears the case.

"We're actively engaged in very productive discussions wit Read More »