China, Russia flaunt $4 bln deals

AJOT | April 01, 2007 | International Trade

Commercial deals worth $4 billion were signed to crown Chinese President Hu Jintao's visit to Russia after a show of rapidly growing ties between the two huge neighbors. Read More »

Oil CEO says boss aware of Iran lobbying

AJOT | April 01, 2007 | International Trade

The head of French oil firm Total told bribery investigators his boss Thierry Desmarest, who now chairs the company, knew about the use of lobbyists to clinch a major deal in Iran, a newspaper reported. Read More »

Japan and Chile sign free trade agreement

AJOT | April 01, 2007 | International Trade

Japan and Chile have signed a free trade pact, Tokyo's first with a South American nation and only its fifth overall, that will eventually scrap over 90% of tariffs on bilateral trade worth $8.2 billion last year. Read More »

IATA World Cargo Symposium

AJOT | April 01, 2007 | Air Cargo

Giovanni Bisignani, Director General of the International Air Transport Association (IATA) opened the World Cargo Symposium by laying down three challenges for the industry and governments: (1) to implement e-freight by 2010, (2) to harmonize risk-based s Read More »

Graham appointed as Global CEO for Aviation DHL Express

AJOT | April 01, 2007 | Air Cargo

DHL, a leading express delivery and logistics company, has appointed Charles Graham as the new Global CEO for Aviation, DHL Express, and named him as a member of the company's Global Express Management Board. He succeeds Terry Nord, who will retire from D Read More »

Emirates granted additional flights to Australia

AJOT | April 01, 2007 | Air Cargo

Emirates Airline has been granted rights to operate additional flights into Australia, after the successful negotiations between the governments of Australia and the United Arab Emirates. Read More »

MOL moves to upgrade Vietnam container service

AJOT | April 01, 2007 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced a further upgrade of container services to/from Vietnam with a new service called Vietnam Hong Kong New Loop 3 (VH3). This is part of the company's strategy for serial expansion of container services to meet booming car Read More »

Grand Alliance Asia-Black Sea service

AJOT | April 01, 2007 | Liner Shipping

Members of the Grand Alliance group Hapag-Lloyd, MISC Berhad (MISC), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) will be launching a new weekly service ' ABX (Asia ' Black Sea Express) to cover the Asia-Black Sea Market. The new se Read More »

FCLCARRIER launches service between US/Canada and Afghanistan

AJOT | April 01, 2007 | Liner Shipping

FCLCARRIER, which launched a string of new niche services in the United States last month and is well established in Europe, announced that it has started a new service between the United States, Canada and Afghanistan, effective immediately. Read More »

APL security chief to shippers:  Get involved

AJOT | April 01, 2007 | Liner Shipping

Congress' recently enacted SAFE Port Act affords plenty of opportunity to help shape supply chain security. Now it's up to shippers and transportation providers to get involved. That was the message delivered by a leading container shipping security exp Read More »

Deutsche Bank’s US investment arm to acquire Maher Terminals

AJOT | March 25, 2007 | Breakbulk & Projects

German firm Deutsche Bank announced (March 20, 2007) that its US-based real estate & Infrastructure investment arm, RREEF Alternative Investments, had agreed to acquire the privately held Maher Terminals. Read More »

Sen. Murray includes full funding for port security grants in ‘08

AJOT | March 25, 2007 | Breakbulk & Projects

US Senator Patty Murray (D-WA), a key member of the Senate Budget Committee, succeeded in including $400 million for the port security grant program in her SAFE Ports Act in the Fiscal Year 2008 Budget Resolution. Murray co-authored the SAFE Ports Act wit Read More »

AAPA selects Panama’s president as 2007 ‘Port Person of the Year’

AJOT | March 25, 2007 | Breakbulk & Projects

At its annual Spring Conference, the American Association of Port Authorities (AAPA) announced the selection of Panama President Martin Torrijos as the association's 'Port Person of the Year' for his leadership in promoting maritime commerce. Specificall Read More »

Louisiana ports sign deal to market facilities

AJOT | March 25, 2007 | Breakbulk & Projects

The Board of Commissioners of the Port of New Orleans and the Plaquemines Parish Port, Harbor and Terminal District signed a cooperative endeavor agreement today to jointly market current and future facilities to the worldwide maritime industry. Read More »

Panalpina growth leads to record figures in 2006

AJOT | March 25, 2007 | Transport Intermediaries

Panalpina continued its growth and posted excellent results for the year 2006 due to a strong performance and further improved profitability. The Group increased its net forwarding revenue by 11.3% to CHF 7.735 million, boosted net earnings by an impressi Read More »

SEKO names Fitzgerald Global VP- sales & marketing

AJOT | March 25, 2007 | Transport Intermediaries

SEKO, a global provider of freight forwarding and logistics solutions, announced the appointment of John A. Fitzgerald as Global Vice President of Sales and Marketing. Based out of SEKO's corporate headquarters in Itasca, IL, he will be responsible for t Read More »

Con-way driver named to ATA’s “America’s Road Team’

AJOT | March 25, 2007 | Intermodal

Con-way Freight, a less-than-truckload carrier and subsidiary of Con-way, Inc., announced that the American Trucking Associations (ATA) has named Dennis Day, a Con-way driver from Lawrenceville, GA, to its premier "America's Road Team' for 2007-2008. Read More »

Shell, railroads liable for waste cleanup

AJOT | March 25, 2007 | Intermodal

A US appeals court ruled on Friday that Shell Oil Co. and two railroads were liable for disputed cleanup costs at a toxic waste site in California's central valley. Read More »

Excess capacity hurting truckers

AJOT | March 25, 2007 | Intermodal

Frozen Food Express Industries Inc. said it will walk away from orders if freight rates fall much lower as the trucking sector suffers from excess capacity and a declining overall freight volume. Read More »

Network connectivity is key for viable South American air service

AJOT | March 25, 2007 | Air Cargo

President Bush's recent tour of South America is a keen reminder of how strategic that continent is to US trade. Our neighbors to the South also play an important role when it comes to global supply chain management. Air carriers servicing the route know Read More »