Boeing sees long-term growth in air cargo traffic

AJOT | November 07, 2010 | Air Cargo

Boeing Co said it expects world air cargo traffic to match its 2007 peak this year after contracting in 2008-2009, aided by increased industrial shipping.

The U.S. plane maker also forecast that global air cargo would grow at a 5.9 percent annual rate Read More »

False alarm over package at Glasgow Airport

AJOT | November 07, 2010 | Air Cargo

Parts of Glasgow Airport were evacuated late last week after a suspicious package was found in the departures security area, but the incident turned out to be a false alarm, police said.

The package was discovered by staff at about 7:55 p.m. (1955 GMT Read More »

FedEx says security works, sees healthy peak season

AJOT | November 07, 2010 | Air Cargo

FedEx Corp security systems worked when an explosive package from Yemen was detected in the company's Dubai facility, an executive said.

"In the most recent situation, a shipment from Yemen moved on a commercial carrier, and when it got to Dubai and t Read More »

China Southern Airlines officially joins SkyTeam Cargo

AJOT | November 07, 2010 | Air Cargo

The addition of China Southern Cargo to SkyTeam Cargo will significantly strengthen its global footprint. With its extensive domestic route network and strong exposure in Central Asia, Northeast Asia and the Middle East, China Southern Cargo will greatly Read More »

FedEx to buy India’s AFL Pvt Ltd and its affiliate

AJOT | November 07, 2010 | Air Cargo

FedEx Corp said its unit FedEx Express will buy smaller Indian rival AFL Pvt Ltd and its affiliate Unifreight India Pvt Ltd.

The U.S. logistics company said the deal will give the company a more robust domestic ground network but it did not provide th Read More »

New eco-containers trial for CMA CGM Group

AJOT | November 07, 2010 | Liner Shipping

CMA CGM was the first to launch in 2005 the Bamboo-floored eco-containers. The Group is currently running a test for new eco-containers manufactured with non-wood composite flooring, the Eko-Flor.

In line with its strong commitment to environmental pr Read More »

New North Europe-Mexico container service begins in Charleston

AJOT | November 07, 2010 | Liner Shipping

A new joint shipping service with coverage across North Europe and Mexico made its first U.S. stop in Charleston with the call of the Box Voyager. Read More »

Maersk Line named as ‘2010 Ocean Carrier of the Year’ by Home Depot

AJOT | November 07, 2010 | Liner Shipping

On September 22, Maersk Line was awarded the 'Ocean Carrier of the Year' by award was presented at the Executive Carrier Council meeting held in Atlanta, GA. Alan MacPherson, senior sales director, and Lauris Eglitis, key client manager for Maersk Line N Read More »

Hamburg S’d adopts IAS EquipmentRepair globally to manage container fleet M&R

AJOT | November 07, 2010 | Liner Shipping

Ocean carrier Hamburg S'd has announced it is adopting the EquipmentRepair system from International Asset Systems (IAS) to manage its global container M&R program. The German-headquartered carrier, a market leader on the north-south container trades and Read More »

MOL cooperates on ocean transport of medical and health Supplies to Thailand and Cambodia

AJOT | November 07, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced its cooperation with the non-profit organization (NPO) PH-Japan (PHJ*1) for ocean transport of medical and health supplies, including masks to prevent infection, to communities in Thailand and Cambodia. Read More »

GE Shipping sees steady dry bulk rates

AJOT | October 31, 2010 | Breakbulk & Projects

India's Great Eastern Shipping Co Ltd expects rates in the dry bulk segment to be steady in the near term though those in the tanker segment are seen under pressure, a senior official said.

"So far rates (in dry bulk) have been quite buoyant and we ha Read More »

Cargotec delivers breakthrough LNG-powered terminal tractors

AJOT | October 31, 2010 | Ports & Terminals

Cargotec has delivered liquefied natural gas-powered (LNG) terminal tractors that fully meet California's 2010 California Air Resources Board (CARB) standards for off-road vehicle emissions, while improving on the performance of equivalent diesel-powered Read More »

Konecranes builds extension to factory in Lingang, China

AJOT | October 31, 2010 | Ports & Terminals

An opening ceremony was held to celebrate the extension of Konecranes' factory in Lingang New City, Shanghai, China. Through the extension the production area has been doubled and the target is to increase the number of lift trucks produced in the factory Read More »

Caterpillar unit to open US rail locomotive factory

AJOT | October 31, 2010 | Intermodal

Caterpillar Inc , the U.S. heavy equipment maker that has been moving aggressively into the rail business, will announce plans to open a railcar facility in east central Indiana, the (Muncie) Star Press newspaper reported.

Citing unnamed sources, the Read More »

Norfolk Southern Q3 profit tops forecasts

AJOT | October 31, 2010 | Intermodal

U.S. railroad Norfolk Southern Corp reported a higher-than-expected third quarter profit as volumes grew for the fifth straight quarter.

"We continue to see an economy characterized by slow growth, but growth nonetheless," Chief Executive Wick Moorman Read More »

ABF files legal actions against Teamsters, YRC Companies

AJOT | October 31, 2010 | Intermodal

ABF Freight System, Inc.',(ABF), the largest subsidiary of Arkansas Best Corporation and a leading less-than-truckload transportation company, has filed legal actions against the International Brotherhood of Teamsters (IBT) and other parties including sev Read More »

CN’s Mongeau says market-based innovation and supply chain collaboration are key to strengthening…

AJOT | October 31, 2010 | Intermodal

Mongeau, speaking to the Pacific Gateway Forum 2010 at the Vancouver Board of Trade, said global trade is key to Canada's prosperity and that Port Metro Vancouver is of vital importance to the nation's international trade flows, handling commerce from mor Read More »

Zimbabwe to resume diamond exports, says met terms

AJOT | October 31, 2010 | International Trade

Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds.

Obert Moses Mpofu, Zimbabwe's minister of mines and mine d Read More »

China offers hope for Canadian forestry investors

AJOT | October 31, 2010 | International Trade

If an astute investor asked a Canadian forest industry executive just five years ago about lumber sales to China, the answer would probably have been: "China? China doesn't buy our lumber." Read More »

Could China face a WTO dispute over rare earths?

AJOT | October 31, 2010 | International Trade

Businesses in Japan, the United States and European Union are crying foul over cuts in China's export quotas of rare earths and calling on their governments to sue Beijing at the World Trade Organization.

China, which currently has a near-monopoly in Read More »