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APM Terminals sees opportunities for port and shipping industry in 2010

AJOT | April 18, 2010 | Ports & Terminals

The “new normal” creates opportunities if you know where to look

APM Terminals’ Chief Commercial Officer Richard Mitchell spoke April 12th at the opening session of the Twelfth Annual Global Liner Conference in London about the contain Read More »

Taiwan city, Asian export barometer, seeks reforms

AJOT | April 18, 2010 | Ports & Terminals

Taiwan's industrial hub city Kaohsiung, a barometer for Asian export-reliant economies, has seen mild recovery from a year ago but its mayor says it faces a tough future without new industry.

Mayor Chen Chu says the city's traditional heavy i Read More »

Singapore March container traffic up 10% from Feb

AJOT | April 18, 2010 | Ports & Terminals

Singapore port terminals handled 10.4 percent more containers in March than in February, and traffic was also 10 percent higher than a year earlier, government data showed.

The numbers from the Maritime and Port Authority of Singapore show tr Read More »

Port of Halifax works with Halifax Grain Elevator diversifying and supporting the export of . . .

AJOT | April 18, 2010 | Ports & Terminals

The Halifax Port Authority is working with the operators of the Halifax Grain Elevator to expand and develop an export market for pulse products from the Maritime region. ‘Pulses’ are edible seeds of legumes, like beans, peas, chickpeas and lentils that c Read More »

New Ulm’Melzo shuttle stopping in Niederglatt

AJOT | April 18, 2010 | Intermodal

Since the start of the new timetable period on April 12, 2010 Intercontainer-Interfrigo SA, Basel, has been operating a new overnight shuttle service between Ulm and Melzo with a halt in Niederglatt. Read More »

Key figure of U.S. chemical demand jumps

AJOT | April 18, 2010 | Intermodal

Chemical shipments on U.S. railroads jumped 26 percent last week, the Association of American Railroads said.

Chemical shipments on trains, called rail car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

CP Rail reaches tentative deal with track workers

AJOT | April 18, 2010 | Intermodal

Canadian Pacific Railway Co. has reached a tentative labor deal with track maintenance workers represented by the Teamsters Canada Rail Conference. Read More »

JB Hunt Q1 results beat market expectations

AJOT | April 18, 2010 | Intermodal

J.B. Hunt Transport Services Inc posted better-than-expected quarterly results on strong performance at its intermodal segment, which moves freight across multiple transportation platforms.

Revenue at intermodal, its biggest segment, jumped 2 Read More »

China banks on rail boom to fire inland growth

AJOT | April 18, 2010 | Intermodal

In southwestern Yunnan province, giant concrete pillars bestride the fields, tracing the route of one of scores of new rail lines that China is building.

In western Xinjiang, construction crews toil on a lonely line crossing the desert wastes Read More »

Hub Group to buy 2,000 intermodal containers

AJOT | April 18, 2010 | Intermodal

Hub Group said it would buy 2,000 intermodal containers from a subsidiary of Singamas Container Holdings , in a sign that the freight market is picking up. Read More »

CSX sees economy moving in ‘positive direction’

AJOT | April 18, 2010 | Intermodal

The chairman of U.S. railroad operator CSX Corp said that the economy appears to be moving in a "positive direction" and that its major markets should grow this year.

The comments from CSX Chairman Michael Ward come a day after the company re Read More »

Africa left in cold by US-Brazil cotton deal

AJOT | April 18, 2010 | International Trade

A deal between Brazil and the United States to sort out their dispute over cotton leaves African producers in the cold, and their best hope is a global trade agreement in the stalled Doha round, according to a study.

The study assesses the ga Read More »

Brazil cautions no cotton deal yet with U.S.

AJOT | April 18, 2010 | International Trade

Brazilian authorities cautioned that negotiations with the United States to solve a long-standing dispute over U.S. cotton aid were only at a preliminary stage and that a deal was not certain. Read More »

Trade group sees Brazil 2010 trade surplus doubling

AJOT | April 18, 2010 | International Trade

A key foreign trade foundation in Brazil has doubled its forecast for the country's trade surplus this year because of a surge in iron ore prices, the foundation's chief economist told Reuters. Read More »

Brazil, Florida mull joint orange juice promotion

AJOT | April 18, 2010 | International Trade

Brazil and Florida, The world's top two exporters of orange juice who have sometimes clashed as rivals, are discussing a joint global advertising program to promote juice sales, a Florida Department of Citrus official said.

"We have very good Read More »

China revaluation would hurt US

AJOT | April 18, 2010 | International Trade

Extensive outsourcing by U.S. industry means that a revaluation of the Chinese yuan sought by many U.S. politicians would destroy U.S. jobs, a study by independent economists and other experts said.

The study, published by the Centre for Econ Read More »

Indonesia takes US to WTO over clove cigarette ban

AJOT | April 18, 2010 | International Trade

Indonesia is launching a formal dispute at the World Trade Organization (WTO) against the United States over a U.S. ban on clove-flavoured cigarettes, an official at Indonesia's WTO mission said. Read More »

Singapore March exports show trade recovery

AJOT | April 18, 2010 | International Trade

Singapore's non-oil domestic exports climbed 26.6 percent in February from a year earlier, above expectations as electronic shipments jumped and exports to all its main trading partners saw double-digit rises. Read More »

No decision on Russia sugar tariff

AJOT | April 18, 2010 | International Trade

The Commission of the Customs Union of Russia, Belarus and Kazakhstan said it had taken no decision on new ways to calculate a raw sugar import tariff, the rate of which will determine the volume of imports. Read More »

Russia says to keep tariffs high until WTO entry

AJOT | April 18, 2010 | International Trade

Russia intends to keep trade tariffs high until its accession to the World Trade Organization is complete, possibly by the end of 2010, First Deputy Prime Minister Igor Shuvalov said. Read More »

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