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US says China to cut red tape on imports of medical devices, medicine

Reuters | December 19, 2014 | International Trade

China agreed to allow U.S. medicines and medical devices into local markets more quickly and open up its anti-trust procedures, U.S. Commerce Secretary Penny Pritzker said after bilateral trade talks between the two nations. Read More »

As US eases hostilities, Cuba faces new challenge

Reuters | December 19, 2014 | International Trade

For decades, it was Cuba's first response to criticism. Read More »

US trade strategy suffers second blow in days at WTO

Reuters | December 19, 2014 | International Trade

The World Trade Organization ruled Washington had unfairly penalized imports of Chinese solar panels and other goods, the second time the body has faulted Washington's tactics in 10 days. Read More »

Democratic lawmakers warn against investment rules in trade pacts

Reuters | December 19, 2014 | International Trade

Some Democratic lawmakers have urged the U.S. administration to exclude foreign investment protections from major free trade agreements, warning they might undermine buffers against future financial crises and hurt public support for trade deals. Read More »

EU wants US embargo of Cuba to end but accepts will take time

Reuters | December 19, 2014 | International Trade

The European Union, which once launched a lawsuit to try to break the U.S. economic embargo on Cuba, said it still wanted the blockade lifted but it was prepared to wait. Read More »

Thai Union Frozen to buy US tuna firm Bumble Bee for $1.5 billion

Reuters | December 19, 2014 | International Trade

Thai Union Frozen Products PCL, the world's biggest producer of canned tuna, has agreed to buy U.S. peer Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions. Read More »

China’s to sell Gap clothing, vying with Alibaba to woo Western brands

Reuters | December 19, 2014 | International Trade

China's Inc has partnered Gap Inc to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd to woo big foreign fashion names. Read More »

EU leaders seek to overcome hostility to US trade deal

Reuters | December 19, 2014 | International Trade

EU leaders defended plans for the world's biggest trade deal with the United States, seeking on Thursday to counter hostility in Europe and clear the way for the accord to be agreed by the end of 2015. Read More »

EU grain to enjoy spoils of Russian export curbs

Reuters | December 19, 2014 | International Trade

European Union grain exporters will be the main beneficiaries of Russia's pullback from international grain markets as Moscow races to cool domestic prices in the face of economic crisis, analysts and traders said. Read More »

Brazil current account deficit climbs to highest in 13 years

Reuters | December 19, 2014 | International Trade

Brazil's trailing 12-month current account deficit climbed to its highest in more than a decade in November, highlighting the erosion in the country's external accounts as dwindling commodity prices hurt its trade balance. Read More »

US shippers, West Coast dockworkers union resume contract talks

Reuters | December 19, 2014 | Ports & Terminals

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers, as cargo backups continued at the ports, a representative for the labor group said. Read More »

Port of Houston Authority expects banner year

AJOT | December 19, 2014 | Ports & Terminals

A banner year is expected for the Port of Houston Authority in 2014, with 34 million tons of cargo handled through November, Executive Director Roger Guenther reported to the Port Commission of the Port of Houston Authority at its monthly meeting Tuesday. Read More »

ILWU statement:

AJOT | December 19, 2014 | Ports & Terminals

There’s nothing wrong with dispelling false rumors of a tentative agreement.  Read More »

Amazon staff in Germany extend strike to Christmas Eve

PR Newswire | December 19, 2014 | Intermodal | Road

Amazon staff at three German warehouses will extend their strike until Christmas Eve to increase pressure on the online retailer in a long-running dispute over pay and conditions, labour union Verdi said. Read More »

CEVA signs three year contract with Ludendo Commerce Iberia

AJOT | December 19, 2014 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain companies, has signed a three year contract worth almost €2 million per annum with Ludendo Commerce Iberia, to manage the handling, storage and delivery of its products in Spain. Read More »

CenterPoint sells South Holland, IL industrial property to Greenix

AJOT | December 19, 2014 | Intermodal | Road

CenterPoint Properties announced the disposition of 16951 State Street, South Holland, Illinois to Greenix, LLC. Read More »

TIA designates 47 professionals as Certified Transportation Brokers

AJOT | December 19, 2014 | People | Appointments | Transport Intermediaries

Transportation Intermediaries Association (TIA), the voice of the third-party logistics industry, has granted 47 industry professionals the designation of Certified Transportation Brokers (CTB). Over 1,890 participants have now earned the much sought after CTB designation. Read More »

Fortress looks to sell TRAC Intermodal

Reuters | December 19, 2014 | Intermodal

Private equity firm Fortress Investment Group LLC is exploring a sale of TRAC Intermodal LLC, a logistics equipment leasing company that could be valued at more than $1.7 billion, including debt, according to people familiar with the matter. Read More »

Holland earns M33 Integrated Logistic Carrier of the Year Award

AJOT | December 19, 2014 | Intermodal | Road

Holland, an industry-leader in next-day transportation, was honored as one of the LTL Carriers of the Year by M33 Integrated Solutions, a leading logistics provider in scalable, customer-focused supply chain solutions. Read More »

Southeastern Freight Lines promotes Poteat to Service Center Manager in Baton Rouge

AJOT | December 19, 2014 | Intermodal | Road

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, today announced that Dan Poteat has been promoted to service center manager in Baton Rouge, Louisiana. Read More »

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