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Premium Article  Cargo insurers looking for turnaround

Peter Buxbaum | May 09, 2010 | International Trade | Transport Intermediaries

Export growth may herald end to soft market, but risks abound.
The cargo insurance market has always been highly competitive. But the downturn in international trade volumes of the last few years has seen the market go unprecedentedly soft. Read More »

Premium Article  With President’s call for export, American companies face credit risk

AJOT | May 09, 2010 | International Trade

During his State-of-the-Nation address last January, President Obama called for American businesses to double exports within the next five years. He has repeated his export exhortation several times since. And for good reason.

To remain competitive, A Read More »

Premium Article  
Ash Cloud Continues to Wreak Havoc on European Shipments; Insurance Issues Loom

Karen Thuermer | May 09, 2010 | Air Cargo | International Trade

The bellowing ash from Iceland’ Eyjafjallajökull glacier and the chaos that subsequently happened to the airline industry is yet another stark reminder of how vulnerable the air cargo industry can be to external forces beyond its control. As if the fallou Read More »

Premium Article  Cost control on cargo insurance

AJOT | May 09, 2010 | Transport Intermediaries

Cargo Insurance for any cargo typically involves customized cargo insurance obtained on a per shipment basis. Whether you are a transportation intermediary or the shipper, here are some cargo insurance buying tips from the unique perspective of an insuran Read More »

Premium Article  The Insurance Marketplace . . . Out of Chaos

Thomas Laffey | May 09, 2010 | Transport Intermediaries

Insurance buyers have smiles on their faces these days, and why not? Property and casualty premiums continue their downward spiral and there’s no end in sight. Renewal terms negotiated with insurers routinely result in improved terms with premium reduct Read More »

Premium Article  One year after Maersk Alabama incident piracy prosecution difficult

AJOT | May 09, 2010 | International Trade | Liner Shipping

One year after the hijacking of the U.S.-flagged Maersk Alabama and the rescue of Capt. Richard Phillips, piracy still persists and prosecution of those captured remains difficult. Read More »

Port of Mobile remains open subject to restrictions

AJOT | May 09, 2010 | Ports & Terminals

The Alabama State Port Authority and the Harbormaster for the Port of Mobile report that all commercial traffic continues to transit the Port of Mobile. “We continue to monitor the oil spill situation offshore and the weather,” stated Jimmy Lyons, directo Read More »

Port of Portland moves into new green office building

AJOT | May 09, 2010 | Ports & Terminals

May 3, marked the first official day for Port of Portland staff from the downtown office headquarters and the airport terminal to consolidate into offices on three floors atop the new parking garage at Portland International Airport. Read More »

CN, Halifax Port Authority and port terminal operators introduce innovative supply-chain partnership

AJOT | May 09, 2010 | Ports & Terminals

CN, the Halifax Port Authority (HPA), Cerescorp Company Limited (Ceres) and Halterm Container Terminal Limited (Halterm) announced an innovative agreement to better measure and align each party's performance in the Halifax Gateway supply chain and enhance Read More »

Port Corpus Christi enhances its rail capabilities for wind component movements

AJOT | May 09, 2010 | Ports & Terminals

Class-I rail services from the three major rail companies can now be offered at the Port to move wind turbine components. Last year, BNSF Railway and Union Pacific Rail Road (UP) began offering rail services to major manufacturers of wind energy componen Read More »

Georgia legislature approves funding for global commerce

AJOT | May 09, 2010 | Ports & Terminals

The Georgia General Assembly has approved funding for the Savannah Harbor Expansion Project as well as significant infrastructure improvements that will enhance access to the Port of Savannah and increase Georgia’s role in global commerce. Read More »

Griffin appointed Director, Planning & Development

AJOT | May 09, 2010 | Ports & Terminals

Port Metro Vancouver announced the appointment of Mark Griffin to the position of Director, Planning & Development.

As Director of Planning & Development, Griffin is responsible for leading the implementation of project agreements with govern Read More »

Maersk Line announces a weekly call at Halifax

AJOT | May 09, 2010 | Ports & Terminals

Maersk has announced that they will have a new direct service connecting the Port of Halifax with North Europe. This new service will offer customers in Halifax fixed weekly calls from Halifax to North Europe, and connections to the Far East Asia via tra Read More »

Alabama State Port Authority lauches

AJOT | May 09, 2010 | Ports & Terminals

The Alabama State Port Authority has launched a Deepwater Horizon Oil Incident Response informational website for the Port of Mobile. This site will provide the Port Authority’s latest guidance and directives for . . . Read More »

No closures anticipated on Mississippi River

AJOT | May 09, 2010 | Ports & Terminals

Cleaning stations ready to clean vessel hulls in motion if necessary Current predictions by the National Oceanic and Atmospheric Administration call for improving conditions at Southwest Pass – the main shipping channel into the Mississippi River – over Read More »

Port Metro Vancouver calls for commercial approach in national rail freight service recommendations

AJOT | May 09, 2010 | Ports & Terminals

In an effort to highlight the critical importance of rail service to the success of Canada's Asia Pacific Gateway, Port Metro Vancouver is calling on Ottawa to implement a commercial approach to defining, measuring, monitoring and ensuring a high level of Read More »

Port of Vancouver USA welcomes Spar Rigel on her maiden voyage

AJOT | May 09, 2010 | Ports & Terminals

The Port of Vancouver USA welcomed the Spar Rigel, commanded by Capt. Ranish Raveendran of India, on her maiden voyage to the United States on April 30, 2010. Read More »

Greenbrier, WL Ross buy $230 mlllion railcar portfolio

AJOT | May 09, 2010 | Intermodal

Railroad equipment supplier Greenbrier Cos and private equity firm WL Ross & Co said they have jointly acquired a lease portfolio of nearly 4,000 railcars valued at about $230 million. Read More »

CN signs voluntary mitigation agreement with Barrington Hills, IL

AJOT | May 09, 2010 | Intermodal

CN announced it has reached a voluntary mitigation agreement (VMA) with the Village of Barrington Hills, Ill., located approximately 40 miles northwest of Chicago, addressing the municipality's environmental and safety concerns with CN's acquisition of th Read More »

NASSTRAC names ABF National LTL Carrier of the Year

AJOT | May 09, 2010 | Intermodal

ABF Freight System, Inc., has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council (NASSTRAC). The selection of ABF' was announced April 26, 2010, during the NASSTRAC Conference and Expo in Orlando, Florida Read More »

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