Lawmakers press USTR on legality of China yuan bill

AJOT | September 26, 2010 | International Trade

Opposition lawmakers pressed the Obama administration's top trade official to quickly clarify whether proposed U.S. legislation to force China to revalue the yuan is legal under global trade rules.

U.S. lawmakers are weighing whether to punis Read More »

Japanese Ground Defense Force uses Volga-Dnepr
to airlift relief supplies into Pakistan

AJOT | September 26, 2010 | Air Cargo

Volga-Dnepr Airlines is continuing to airlift relief aid into the flood stricken regions of Pakistan with two more flights on behalf of the Japanese Ground Defense Force.
The latest AN-124-100 freighter operations carried 84 tonnes of equipm Read More »

Massport opens the door to customers with Online Real-Time Chat

AJOT | September 26, 2010 | Air Cargo

Ever feel like you can never get a straight answer from a faceless bureaucracy? Ever wonder why that plane is flying over your house? Are you a travel hound who secretly wonders why Boston Logan International Airport runways are numbered and its terminals Read More »

IATA sees airline rebound this year, warns on 2011

AJOT | September 26, 2010 | Air Cargo

Global airlines have sharply hiked their forecast for industry profits this year as recession fades -- but new capacity could cut profits as soon as 2011, the International Air Transport Association said.

The split view came in a revised outl Read More »

ANS moving into larger JFK facility

AJOT | September 26, 2010 | Air Cargo

Effective October 1, 2010, Airline Network Services will transfer its headquarters base to an expanded facility at New York's John F. Kennedy International Airport Read More »

ABC adds fourth destination in China through strategic cooperation with
Zhengzhou ...

AJOT | September 26, 2010 | Air Cargo

AirBridgeCargo Airlines is extending its all-cargo services from China with a new twice-weekly B747-400 freighter flight from Zhengzhou to Europe.
Flights from the capital of Henan province depart from Zhengzhou International Airport every W Read More »

Cargoitalia commences Shanghai flights

AJOT | September 26, 2010 | Air Cargo

Cargoitalia ' Italy's all-cargo flag-carrier ' has commenced direct scheduled services twice weekly to Shanghai Pudong Airport from its Milan (Malpensa) hub, using its recently-delivered third MD11 freighter.

The airline is now operating to S Read More »

Lufthansa names Franz as new CEO

AJOT | September 26, 2010 | Air Cargo

Lufthansa named Christoph Franz as its new chief executive, succeeding Wolfgang Mayrhuber from Jan. 1, 2011.

The move had been widely expected since Franz, 50, was appointed deputy CEO a year and a half ago. Austrian-born Mayrhuber is expecte Read More »

Union vote set for Delta’s ramp and cargo workers

AJOT | September 26, 2010 | Air Cargo

sAn election to determine whether 14,000 ramp and cargo employees at Delta Air Lines Inc will have union representation will be held beginning next month, a labor group said.

The International Association of Machinists and Aerospace Workers s Read More »

EgyptAir adds destinations and capacity

AJOT | September 26, 2010 | Air Cargo

EgyptAir has increased its cargo capacity from the UK and Ireland with the addition of two more flights per week from London Heathrow to its Cairo hub. The airline's cargo subsidiary, Egyptair Cargo, now has access to 11 passenger flights per week from th Read More »

Africa needs to replace ageing fleet

AJOT | September 26, 2010 | Air Cargo

Planemaker Boeing forecast that Africa would need about 700 aircraft worth $80 billion over the next 20 years to deal with increased air traffic as the continent's economy picks up. The world's poorest continent is enjoying increased air travel and air ca Read More »

Aloha Air Cargo announces new personnel positions

AJOT | September 26, 2010 | Air Cargo

Aloha Air Cargo, Hawaii's largest air-freight carrier, announced today the hiring of a director of sales and business development and promotion of an existing employee. Read More »

World’s leading container liners join forces in fight against piracy

AJOT | September 26, 2010 | Liner Shipping

The world's three largest container shipping companies have decided to cooperate in the fight against piracy in the Gulf of Aden and the Indian Ocean. The cooperation between CMA CGM, MSC and Maersk Line includes information exchange on safety measures, p Read More »

FreeSeas enters into shipbuilding contracts for two handysize drybulk vessels

AJOT | September 19, 2010 | Breakbulk & Projects

FreeSeas Inc. a transporter of dry bulk cargoes through the ownership and operation of a fleet of seven Handysize vessels and two Handymax vessels, announce that it has entered into shipbuilding contracts for the construction of two Handysize dry bulk ves Read More »

Global sea index to rise 10 pct on US grain export boom

AJOT | September 19, 2010 | Breakbulk & Projects

The main global sea freight index, an indicator of world economic activity, will rebound in the fourth quarter as strong U.S. grain exports offset concerns over Chinese iron ore demand, a Reuters poll showed.

With about 90 percent of the worl Read More »

Nippon Yusen, BHP sign 15 yr shipping contract

AJOT | September 19, 2010 | Breakbulk & Projects

Nippon Yusen and the world's No.1 miner BHP Billiton signed a 15-year iron shipment contract that will use the Baltic Dry Index to set shipping charges, the Nikkei business daily reported. Read More »

Dry bulk freight rates to stay depressed in 2011

AJOT | September 19, 2010 | Breakbulk & Projects

Economic uncertainty and rising fleet supply are expected to keep dry bulk shipping rates depressed next year with companies set to slash costs to preserve profitability, a senior industry official said.

While rates for dry bulk vessels have Read More »

Norilsk tests new Arctic sea route to Shanghai

AJOT | September 19, 2010 | Breakbulk & Projects

Russia's metals giant Norilsk Nickel has started testing a new sea route, which will allow it to ship its products to China three times faster, Norilsk said. Read More »

Fay elected Board Chairman

AJOT | September 19, 2010 | Ports & Terminals

Mumphrey, Cahill elected Vice Chair, Secretary-Treasurer
The Board of Commissioners of the Port of New Orleans elected John Fay, a partner in the law firm of Deutsch, Kerrigan & Stiles its chairman today. Fay succeeds Thomas D. Westfeldt, wh Read More »

The Massachusetts Port Authority recently welcomed the arrival of its two low-profile and four RTG c

AJOT | September 19, 2010 | Ports & Terminals

The Massachusetts Port Authority recently welcomed the arrival of its two low-profile and four RTG cranes acquired from the Port of Oakland. The cranes fulfill an essential component of Massport’s port modernization strategic plan for growth and greater e Read More »