ABF earns second consecutive National LTL Carrier of the Year Award

AJOT | April 27, 2011 | Intermodal

For the second consecutive year, ABF' has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council (NASSTRAC). The company was recognized during the NASSTRAC Conference and Expo in Orlando, Florida, April 17-20 Read More »

Russia metals exporters face rail constraints

AJOT | April 27, 2011 | Intermodal

Russian metals firms seeking to increase exports to China and other Asian buyers face an uphill struggle as they grapple with infrastructure constraints on Soviet-era rail lines in Siberia and the Far East.

Russia's two main rail lines in the region, Read More »

CN reports Q1-2011 net income of C$668 million

AJOT | April 27, 2011 | Intermodal

CN reported its financial and operating results for the first quarter ended March 31, 2011.

Claude Mongeau, president and chief executive officer, said: "Despite a very challenging winter, CN produced a solid first-quarter performance thanks to furthe Read More »

Ryder profit jumps in first quarter

AJOT | April 27, 2011 | Intermodal

Trucking and logistics company Ryder System Inc said its quarterly net profit doubled on improved commercial rentals and used vehicle sales.

The company said its first-quarter net profit amounted to $25.1 million, or 48 cents per share, compared with Read More »

South Korea FM sees end of tunnel for FTA with EU

AJOT | April 27, 2011 | International Trade

South Korea's foreign minister said the country's free trade deal with the European Union would be ratified, which will create one of the world's largest trading blocs free of import duties.

The Trade Ministry in Seoul had pulled a text of the deal fr Read More »

US lawmakers say got assurances from China on yuan

AJOT | April 27, 2011 | International Trade

US Senate Majority Leader Harry Reid and other U.S. lawmakers back from a trip to Beijing said they had been assured China would allow its currency to continue to rise against the U.S. dollar.

"Chinese officials confirmed that China would continue the Read More »

Does corporate America kowtow to China?

AJOT | April 27, 2011 | International Trade

Even when American manufacturers do successfully pursue cases alleging unfair competition they may not come out on top. A case can cost around $1 million in legal fees, and often takes more than a year plus a lot of management time that could be spent mor Read More »

South Korea GDP expands on export boom

AJOT | April 27, 2011 | International Trade

South Korea's economy grew at its fastest pace in three quarters in January-March thanks to robust exports, but sluggish domestic demand is posing a dilemma for policymakers who are struggling to balance sustainable growth against mounting inflation risks Read More »

Irish exports rise to 3-year high

AJOT | April 27, 2011 | International Trade

Irish exports rose to a three-year high in February according to data released on that gave an early indication the country is on track to return to economic growth this year.

With domestic demand still falling, Ireland is relying on its trade-depende Read More »

Supreme Court allows Delhi Airport to charge development fee

AJOT | April 27, 2011 | Air Cargo

India's Supreme Court has allowed Delhi International Airport Ltd (DIAL) to continue charging airport development fee as per the approval granted to DIAL by the Airport Economic Regulatory Authority, according to a statement by the GMR Group. Read More »

Delta vows to recapture full cost of jet fuel

AJOT | April 27, 2011 | Air Cargo

Soaring jet fuel costs pounded Delta Air Lines and US Airways Group in the first quarter, leading both to post losses, but rising fares eased the blow, and Delta said it aims to recapture the full cost of fuel on every flight.

Results from the two car Read More »

Air France execs indicted in US for price-fixing

AJOT | April 27, 2011 | Air Cargo

Two former executives of Air France were indicted in Chicago for fixing the prices of air cargo, the U.S. Justice Department said.

The indictments were the latest in a long-running price-fixing probe that has ensnared 21 airlines and 21 executives. < Read More »

Factory-to-Dealer underscores Wallenius Wilhelmsen Business Strategy

AJOT | April 27, 2011 | Liner Shipping

In the case of rolling stock, Wallenius Wilhelmsen Logistics (WWL) has a simple approach to a complex transportation problem. Call it alpha-to-omega, soup-to-nuts or factory-to-dealer, the bottom line is WWL provides service from the beginning to the e Read More »

Horizon Lines receives Lowe’s Platinum Carrier Award

AJOT | April 27, 2011 | Liner Shipping

Horizon Lines, Inc. the nation's leading domestic ocean shipping company, has been awarded the 2010 Platinum Carrier Award by home improvement retailer Lowe's Companies Inc. Horizon was the only Jones Act ocean carrier so honored.

Lowe's presen Read More »

Four honors for NOL at Asian Freight awards

AJOT | April 27, 2011 | Liner Shipping

NOL Group won accolades for excellence in Shipping and Logistics and CEO Ron Widdows received the Lifetime Achievement Award at the 25th Asian Freight & Supply Chain Awards.

Both of NOL's principal businesses were honored at one of the longest-running Read More »

NYK provides free land transport of relief supplies by container trailer

AJOT | April 27, 2011 | Liner Shipping

From April 11 to 25, NYK used container trailers provided by Nippon Container Yuso Co. Ltd, an NYK Group company, to provide free land transport of relief supplies in 13 20-foot containers from Yokohama to areas affected by the Japan earthquake and tsunam Read More »

MOL revamps NKX India-Karachi service

AJOT | April 27, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the upgrading of its Singapore-Nhava Sheva-Karachi Service (NKX) into two new loops: 'NCX' linking China and Nhava Sheva, and KPX connecting Singapore with Pipavav and Karachi.

NCX will be MOL's first direct service Read More »

Container demand growth falls sharply in Q1 on oil, inflation

AJOT | April 27, 2011 | Liner Shipping

Global demand growth for seaborn containers, a key indicator of global economic activity, fell sharply in the first quarter as traffic slowed following last year's double-digit expansion, an industry consultancy group said.

Soaring oil prices and infl Read More »

W’rtsil’ to deliver new ship design and entire diesel electric propulsion system for Bumi Armada…

AJOT | April 24, 2011 | Breakbulk & Projects

W'rtsil', the marine industry's leading solutions provider, has signed a contract with Nam Cheong Dockyard of Miri, Malaysia, which will build a W'rtsil' Ship Design (WSD) multi-purpose platform supply vessel (MPSV). This WSD 800 MPSV is the first in a ne Read More »

Det Norske Veritas certifies first anti-piracy course offered by
 International Maritime…

AJOT | April 24, 2011 | Breakbulk & Projects

International Maritime Security Network (IMSN) has become the first maritime security training center to offer an eLearning-based Anti-Piracy Defense Course certified by Det Norske Veritas (DNV), a worldwide leading certification body offering the latest Read More »