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CSX reports strong earnings growth in Q4

AJOT | January 23, 2008 | Intermodal

CSX Corporation reported fourth quarter 2007 net earnings of $365 million, or 86 cents per share, including a penny per share from insurance gains. In the fourth quarter of last year, the company reported earnings of $347 million, or 75 cents per share, i Read More »

Infrastructure investment important component of stimulus package

AJOT | January 23, 2008 | Intermodal

The following statement was offered by Edward Wytkind, President of the Transportation Trades Department, AFL-CIO: "There is no doubt working people are reeling as the U.S. economy continues to weaken. As the Administration and Congressional leaders take Read More »

NFTC welcomes new chairman John Mullen, CEO, DHL Express

AJOT | January 23, 2008 | International Trade

The National Foreign Trade Council (NFTC) announced the appointment of its new Chairman, John Mullen, Chief Executive Officer for the Express division of Deutsche Post World Net (DPWN), the parent company of DHL, effective January 22, 2008. Mullen oversee Read More »

The Port Of Boston Had Record Year For Cruise Passengers And Container Cargo

AJOT | January 22, 2008 | Breakbulk & Projects

The Massachusetts Port Authority (Massport) announced that the Port of Boston set records last year for container cargo shipments and cruise passengers at North America's oldest continuously active port. At Conley Container Terminal combined imports and e Read More »

Seattle Port Commission creates special investigatory committee

AJOT | January 22, 2008 | Breakbulk & Projects

The Port of Seattle Commission passed a motion today creating a special committee charged with investigating the Port's vulnerability to fraud as well as the contracting policies and procedures specifically called out in the recent performance audit repor Read More »

DP World handles over 43 million teus in 2007

AJOT | January 22, 2008 | Breakbulk & Projects

DUBAI-based global marine terminal operator DP World handled a total of over 43.3m TEU at 42 terminals worldwide last year, an increase of 18% on 2006. Read More »

Virginia’s ports account for 340,000 jobs, $41 billion in revenues

AJOT | January 22, 2008 | Breakbulk & Projects

The Port of Virginia's three general cargo marine terminals in fiscal 2006 accounted for more than 340,000 jobs across the Commonwealth and in excess of $41 billion in total revenues, says an economic impact study that was recently completed by the Mason Read More »

ZIM ATX service starting in March 2008

AJOT | January 22, 2008 | Liner Shipping

The new service, named ATX for "Atlantic Express", will replace the current ZIM NEX service and will be operated in a vessel sharing agreement with the member carriers of the Grand Alliance. Read More »

OOCL donates $40,000 to Long Beach Education Foundation

AJOT | January 22, 2008 | Liner Shipping

Orient Overseas Container Line (OOCL) has donated US$40,000 to the California-based Long Beach Education Foundation, the Long Beach Unified School District's fundraising arm. The money was designated for two outstanding schools: $20,000 for the Elizabeth Read More »

UASC takes delivery of 6,000-TEU ships from HHI

AJOT | January 22, 2008 | Liner Shipping

UNITED Arab Shipping Company (UASC) has taken delivery of the first vessel in a series of eight 6,919-TEU containerships being built by South Korean shipbuilders Hyundai Heavy Industries under a contract signed in 2005. Read More »

Anglo-Eastern Launches On-Line Recruitment Screening

AJOT | January 22, 2008 | Liner Shipping

Anglo-Eastern has launched a Web-based online test for its pre-recruitment screening process for deck and engine cadets. The company recruits around four hundred deck and engine cadets worldwide for the 200 plus ships it manages. 'Over 1500 applications a Read More »

Grand Alliance upgrades ATX service in cooperation with ZIM

AJOT | January 21, 2008 | Breakbulk & Projects

Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL) are upgrading a service on the North Europe - North USA Atlantic Trade, in cooperation with ZIM Integrated Shipping Services, Ltd. Read More »

CEVA names Aldridge Executive VP of new business unit ILS

AJOT | January 21, 2008 | Transport Intermediaries

CEVA Logistics, the 4th largest global supply chain provider, announced today the appointment of Bill Aldridge to the position of Executive Vice President for its newly created business unit, International Logistics Solutions (ILS). ILS provides end-to-en Read More »

CN and UTU announce tentative labor pact

AJOT | January 21, 2008 | Intermodal

CN and the United Transportation Union (UTU) announced a tentative labor agreement applying to approximately 600 UTU members working on CN's former Illinois Central (IC) and Chicago, Central & Pacific (CCP) properties in the Midwest and southern US. Read More »

Boeing, Gulf Air Close 787 Dreamliner Deal

AJOT | January 21, 2008 | Air Cargo

Boeing and Bahrain's national carrier Gulf Air today finalized negotiations for up to 24 Boeing 787 Dreamliners in a deal that could be worth approximately $3.9 billion at list prices if all options are exercised. The agreement is for 16 787s on direct or Read More »

Premium Article  G’day Mate: What’s in store for Australia-US trade two years after AUSFTA?

George Lauriat | January 20, 2008 | International Trade

The implementation of the Australia-US Free Trade Agreement (AUSFTA) in 2005 eliminated or reduced tariffs on many commodities to induce trade between the two countries. But has the agreement delivered as promised and with the US pitching about in the eco Read More »

Premium Article  FTA key element to expansion of trade with New Zealand

George Lauriat | January 20, 2008 | International Trade

On September 11th 2007, the second US-NZ Partnership Forum was held in Auckland, New Zealand. The sponsoring group (US-NZ Council and counterpart NZ-US Council), composed of leaders from both nations, is dedicated to fostering closer political and econom Read More »

Premium Article  Qantas and Air New Zealand aim to retain niche advantage

Karen Thuermer | January 20, 2008 | Air Cargo

Qantas Freight and Air New Zealand have enjoyed unprecedented cargo business in recent years. To continue the trend, the carriers strive to make improvements. Read More »

Premium Article  Planned security rules may deal knockout blow to Just-In-Time

AJOT | January 20, 2008 | Air Cargo | Transport Intermediaries

Those in the logistics industry realize the need for security. They also worry, however, about the often half-baked ideas of heavy-handed lawmakers whose closest contact with freight is sitting as passengers above an aircraft's cargo hold. These lawmake Read More »

Premium Article  Qantas Freight goes high speed with V8 Supercars

Karen Thuermer | January 20, 2008 | Air Cargo

For motor sports fans, there’s nothing better than the fire-breathing, fender-bending action of the Australian V8 Supercar Championship. Ever since this category of race car -- loosely based on the Ford Falcon or Holden Commodore -- was introduced to the Read More »

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