Providing MOL containership to transport aid supplies from overseas

AJOT | March 24, 2011 | Liner Shipping

Mitsui O.S.K. Lines is determined to provide containerships to transport aid supplies from overseas. As the damages of the earthquake set in, MOL has received many calls from voices desired to transport aid supplies to Japan from overseas.

'We express Read More »

SFL acquires two container vessels for $342 mlllion

AJOT | March 24, 2011 | Liner Shipping

Ship Finance International Ltd , which owns and operates ships, said it would acquire two container vessels from French container shipping company CMA CGM for $342 million. Read More »

MOL Group companies transport aid supplies to quake-stricken areas

AJOT | March 24, 2011 | Liner Shipping

Mitsui O.S.K. Lines reported that the group companies listed below purchased food, water, and other daily necessities, and took them to the Ohi Logistics Center, Tokyo, where they were loaded into a 40-foot container and delivered by truck to the logistic Read More »

Panamax rates to come under pressure after Japan quake

AJOT | March 16, 2011 | Breakbulk & Projects

Rates for panamax carriers on key Asian freight routes are expected to be mixed this week with intra-regional routes pressured by declining Japanese coal demand following last week's earthquake, while transpacific rates should rise on strong Chinese deman Read More »

Flow of grains to Brazil No. 2 port improves

AJOT | March 16, 2011 | Ports & Terminals

The flow of newly harvested soy and corn to Brazil's main grain port as the principal railway and road to the port again allowed bulk cargoes to pass, after access was shut off due to rain.

Trucks carrying grains were being sent down the Serra do Mar Read More »

VPA orders cassette system from TTS Port Equipment

AJOT | March 16, 2011 | Ports & Terminals

TTS Port Equipment AB, will supply 10 translifters and 220 cassettes, with delivery commencing February 2011.The equipment will be used to move containers between rail-mounted gantry crane stacks and the on-dock rail at the terminal. Read More »

Shippers see Japan ports able to keep cargo flowing

AJOT | March 16, 2011 | Ports & Terminals

Shipping companies are confident of keeping goods moving through Japan's ports, using spare capacity at the largest ones to deal with cargo displaced from those devastated in last week's earthquake and tsunami.

The automotive and technology industries Read More »

Ships looking at avoiding Japan risk areas

AJOT | March 16, 2011 | Ports & Terminals

A number of ship owners are considering avoiding high risk areas in Japan and could re-route their vessels due to fears over the potential spread of radiation, shipping sources said on Wednesday. Japan's nuclear crisis appeared to be spinning out of contr Read More »

Japan-bound grain ships unable to unload

AJOT | March 16, 2011 | Ports & Terminals

At least nine vessels carrying grain bound for Japan are unable to discharge their cargoes due to problems at the country's ports hit by last week's earthquake and tsunami, trade sources said.

Japanese ports have sustained damage, disrupting supply ch Read More »

Southeastern Freight Lines meets the needs of 3PL providers

AJOT | March 16, 2011 | Intermodal

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, has long recognized that third-party logistics companies (3PLs) are performing valuable services for customers and has developed technology sol Read More »

Forklift group Manitou sees Japan risks

AJOT | March 16, 2011 | Intermodal

French forklift and crane trucks group Manitou faces risks from the disaster in Japan, where it buys parts such as engines, though it is too early to assess any impact on sales, its chief executive said.

Business during the first quarter ending March Read More »

CN disappointed in court decision on EJ& E grade separation projects

AJOT | March 16, 2011 | Intermodal

CN expressed disappointment with the decision of the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C. denying the company's request to reverse the Surface Transportation Board's (STB) order requiring the railroad pay for the Read More »

Greenbrier may post Q2 loss

AJOT | March 16, 2011 | Intermodal

Railroad equipment supplier Greenbrier Cos Inc May continue to post a quarterly loss, even as it forecast better-than expected revenue on increased orders.

The company said it expects results to be close to analysts' expectation of a loss of 1 cent a Read More »

Shanghai to scan Japanese food, cargo for radiation

AJOT | March 16, 2011 | International Trade

Shanghai authorities have ordered detailed checks of imports from Japan for radioactivity, including on food, people and cargo, Chinese state media reported.

The Shanghai Entry-Exit Inspection and Quarantine Bureau placed the announcement on its websi Read More »

EU plans five-year duties on Chinese glossy paper

AJOT | March 16, 2011 | International Trade

The European Commission has proposed a five-year import tariff worth up to 39.1 percent on imports of coated fine paper from China, according to a document obtained by Reuters.

The tariff, which needs the approval of European Union member states and m Read More »

Steel exports jump in January over December

AJOT | March 16, 2011 | International Trade

Steel exports increased 14.2 percent in January compared to December according to government data. 'Exports jumped in January, as shipments increased strongly to both NAFTA and our other trading partners in the Western Hemisphere. These data show strong Read More »

Japan’s feed grain imports to slow, limited rice need

AJOT | March 16, 2011 | International Trade

Japan's feed grain imports could slow to a trickle in coming months as quake-hit feed mills make importers wary of signing new deals, and limited damage to the domestic rice crop will likely cap imports of the foodgrain.

Japan will instead resort to m Read More »

US sees

AJOT | March 16, 2011 | International Trade

The Obama administration sees "a window of opportunity" to work with the Colombian government to address concerns about anti-union violence that have blocked approval of a bilateral free trade deal for more than four years, U.S. officials said.

"We be Read More »

Obama to refocus on Latin America amid Chinese push

AJOT | March 16, 2011 | International Trade

President Barack Obama travels to Latin America this week seeking to reassert economic leadership in a region Washington once dominated but where it now faces growing competition from China.

On his first trip south of the border in nearly two years, O Read More »

AirBridgeCargo proves its expertise in transporting live animal shipments

AJOT | March 16, 2011 | Air Cargo

AirBridgeCargo has once again demonstrated its expertise in the safe transportation of large quantities of livestock by flying 810 foxes to Beijing for breeding.

The blue, shadow and silver foxes were carried on a Boeing 747-200F charter flight from H Read More »