Ship breakers set for boom time in Bangladesh

AJOT | May 19, 2011 | Breakbulk & Projects

Abul Hossen is preparing for the arrival of dozens of ships that promise to carry his family and hundreds, if not thousands, of other Bangladeshis out of a life of poverty.

Instead of sailing to another country, however, the 45-year-old father of four Read More »

Penske Truck Leasing expands service offerings in Temecula, CA

AJOT | May 19, 2011 | Ports & Terminals

Penske Truck Leasing has opened a new 16,000-square-foot building in Temecula, Calif., at 42188 Winchester Road. Penske offers full-service truck leasing, consumer and commercial truck rental and contract maintenance services. Read More »

CSX sees double-digit EPS growth through 2015

AJOT | May 19, 2011 | Ports & Terminals

U.S. railroad operating CSX Corp said it is targeting double-digit growth in earnings per share and operating income through 2015, based on expected growth that outpaces the economy.

The company is targeting a compound annual earnings per share growth Read More »

Considerable growth for Port of Hamburg in 2011 first quarter

AJOT | May 19, 2011 | Ports & Terminals


In the first three months of 2011 the Port of Hamburg achieved above-average growth of 18.2 percent in container throughput and a 9.8 percent gain in total seaborne cargo throughput. Whereas the Western ports of Rotterdam and Antwerp reported incre Read More »

Port of New Orleans operations continue as usual

AJOT | May 19, 2011 | Ports & Terminals

Cargo and cruise operations are ongoing at the Port of New Orleans and have not been interrupted due to the high-River event. “It’s business as usual,” said Port President and CEO Gary LaGrange. “While we will continue to monitor the situation and remain Read More »

Corps green lights Charleston deepening

AJOT | May 19, 2011 | Ports & Terminals

The deepening of the Port of Charleston took a huge leap forward when the U.S. Army Corps of Engineers released its Work Plan for the rest of Fiscal Year 2011. The Corps included funds to kick-off the next phase of the Charleston Harbor post-45 foot deep Read More »

New England shippers get direct Southeast Asia route from the Port of Boston

AJOT | May 19, 2011 | Ports & Terminals

Southeast Asia is now just a ship away for New England importers and exporters the Massachusetts Port Authority has announced. A new Port of Boston service via the Suez Canal begins May 27th, and adds direct destinations never before offered from Conley C Read More »

South Carolina port volume up for year

AJOT | May 19, 2011 | Ports & Terminals

While the pace of global recovery is cooling, shipping activity through South Carolina’s ports remains up through the current fiscal year.

At its regular monthly board meeting today, the South Carolina Ports Authority today reported that container vol Read More »

MPA hosts seminar on new container business opportunites following 50-foot berth constuction at…

AJOT | May 19, 2011 | Ports & Terminals

The Maryland Port Administration (MPA), along with Ports America Chesapeake and CSX, hosted an afternoon seminar in Baltimore on May 18th on the new container business opportunities that are expected to occur at the Port of Baltimore following the comp Read More »

Port of Tacoma’s container volumes grow for seventh straight month

AJOT | May 19, 2011 | Ports & Terminals

The Port of Tacoma’s container volumes continued to improve in April, marking their seventh straight month of year-over-year growth. Year-to-date, the Port’s container volumes are up over 5 percent.

Here are some of the Port’s year-to-date container h Read More »

TomTom sees fleet management services growth

AJOT | May 19, 2011 | Intermodal

TomTom, which provides fleet management systems to trucking firms, expects smaller rivals to go out of business in the fragmented sector in the next three to five years, an executive said.

TomTom, the Dutch company better-known for personal navigation Read More »

Road Team Captain touts trucking, transportation careers in White House visit

AJOT | May 19, 2011 | Intermodal

Ralph Garcia, a professional truck driver with ABF Freight System Inc. and a member of America's Road Team, told Obama administration officials about the rewards, and challenges, of a career in trucking during a White House forum as part of National Trans Read More »

CSX commits additional $160 million to National Gateway

AJOT | May 19, 2011 | Intermodal

CSX announced that it will invest $160 million over the next several years to complete one of the most important transportation projects in the country ' the National Gateway. This project will deliver substantial public benefits, including thousands of j Read More »

US senators urge strong Asia-Pacific trade rules

AJOT | May 19, 2011 | International Trade

U.S. trade officials faced Senate pressure to get tough on intellectual property theft in the Asia Pacific region and ensure a proposed regional free trade agreement puts restrictions on state-owned enterprises grabbing a bigger share of world trade.

Read More »

Colombia tackles union attacks for U.S. trade pact

AJOT | May 19, 2011 | International Trade

As a leader in a union of health care workers, Ligia Galeano knows firsthand how dangerous it is to organize workers in Colombia. First hitmen killed her union activist sister in 2000, then they came for her.

Scary phone calls warned her she "smelled Read More »

WTO gives mixed verdict on Airbus appeal

AJOT | May 19, 2011 | International Trade

Trade judges partially overturned a ruling that had accused EU states of giving Airbus illegal subsidies, but said the aircraft maker did receive billions of dollars of unfair aid that harmed Boeing.

Upholding a European appeal, World Trade Organisati Read More »

China piracy cost US firms $48 blllion in 2009

AJOT | May 19, 2011 | International Trade

Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released.

It also concluded 2.1 mill Read More »

Cargill to ship Ivorian cocoa stocks end of June

AJOT | May 19, 2011 | International Trade

Cargill hopes by the end of June to ship cocoa that has been stuck in its warehouses during Ivory Coast's political crisis, the U.S. agribusiness company said.

"We want to empty our warehouses as soon as possible because that will allow us to fully re Read More »

Air France-KLM bounces back to full-year profit

AJOT | May 19, 2011 | Air Cargo

An air travel recovery and cost cutting at Europe's largest airline by revenue lifted Air France-KLM back to a full-year operating profit, with its bottom line also boosted by a unit's share flotation.

The Franco-Dutch group posted a 2010/11 operating Read More »

UPS sees muted US recovery; driver is global trade

AJOT | May 19, 2011 | Air Cargo

The U.S. economy is growing in fits and starts, and the real driver for U.S. companies is global trade, United Parcel Service Chief Financial Officer Kurt Kuehn said.

"We continue to see a muted recovery in the U.S.," Kuehn told analysts on Thursday a Read More »