Mexico says

AJOT | November 11, 2010 | Intermodal

Mexico will slap retaliatory tariffs on a new set of U.S. goods unless Washington moves to resolve a decade-old trucking dispute and the "clock is ticking" for action, Mexico's economy minister told Reuters.

President Felipe Calderon's govern Read More »

Trucking industry expert returns to ATA 
as Senior VP of Legislative Affairs

AJOT | November 11, 2010 | Intermodal

The American Trucking Associations (ATA) is pleased to announce the appointment of Mary Phillips as Senior Vice President of Legislative Affairs. Phillips returns to ATA after serving as Vice President of Legislative Affairs in 2005 and 2006. At that time Read More »

CN maintains leadership role in 2010 Carbon Disclosure Project

AJOT | November 11, 2010 | Intermodal

CN said it has been recognized for excellence in climate-change reporting among Canadian and global corporations surveyed by the Carbon Disclosure Project (CDP).

CN was named to the CDP's 2010 Canada 200 Carbon Disclosure Leadership Index for Read More »

EU acts to help sugar exporters, refiners

AJOT | November 11, 2010 | International Trade

The European Union looked to take advantage of near-record high world sugar, as it took steps to boost EU exports of refined sugar and secure cheaper imports of raw cane sugar for its refineries.

In a first move, the European Commission said it would Read More »

Obama at G20: US needs faster growth to curb deficit

AJOT | November 11, 2010 | International Trade

President Barack Obama, in a clear message to other leaders at the G20, said that the best way to control the massive U.S. budget deficit was to help the economy grow faster.

"The single most important thing we can do to reduce our debt and our defici Read More »

Qatar’s H1 imports value drops 20%, cars top commodity

AJOT | November 11, 2010 | International Trade

The value of imports into Qatar fell 20.2 percent in the first half of the year compared with the same period last year, data from the Gulf state's statistics authority showed.

Imports for the first half of 2010 totalled 37 billion riyals ($10.2 billi Read More »

EU, Africa relations soured by trade

AJOT | November 11, 2010 | International Trade

Stalled trade negotiations between the European Union and African states have soured relations between the two continents, the European Union's chief trade negotiator. Read More »

Japan seeks to start EU trade talks in 2011

AJOT | November 11, 2010 | International Trade

Japan aims to launch economic partnership talks with the European Union next spring, the Nikkei business daily said, as Tokyo struggles to catch up with Asian rival South Korea in sealing trade deals.

Prime Minister Naoto Kan will propose the timetabl Read More »

EU to press China on rare earths

AJOT | November 11, 2010 | International Trade

The EU trade chief said he would press China for assurances on rare earth supplies in talks next month, though there was no conclusive evidence Chinese limits on such exports had hit European industry. Read More »

EU capitals approve trade aid package for Pakistan

AJOT | November 11, 2010 | International Trade

European Union governments have approved a raft of trade concessions for Pakistan, diplomats said, a move to help the country rebound from July floods which caused nearly $10 billion of damage.

The final package is less extensive than the EU had hoped Read More »

EU says to act against China trade subsidies

AJOT | November 11, 2010 | International Trade

The European Union will step up resistance to cheap Chinese imports arising from the country's generous state aid programs and threatening EU businesses, the bloc's trade chief said.

"They subsidise nearly everything," Trade Commissioner Karel De Guch Read More »

Asia-Pacific ministers extend freeze on trade barriers

AJOT | November 11, 2010 | International Trade

Asia-Pacific ministers agreed to extend a freeze on trade barriers and pledged to work toward creating a vast free trade area in the world's fastest growing region.

But a Group of 20 (G20) summit of major economies in neighbouring South Korea -- beset Read More »

G20 grapples with formula to ease currency strains

AJOT | November 11, 2010 | International Trade

The Group of 20 labored to agree how to put the world economy on a sounder footing as fears about Ireland's ability to pay its debts underscored lingering fallout from the global financial crisis.

The G20 hoped to use a two-day summit to recapture uni Read More »

Farm subsidies seen a turn off for investors

AJOT | November 11, 2010 | International Trade

Pricey commodities have made U.S. farmers less dependent on government aid, but the European farm sector still faces the risk of disruption from subsidies being phased out, agriculture investors said. Read More »

US trade gap narrows more than expected

AJOT | November 11, 2010 | International Trade

The U.S. trade defict narrowed more than expected in September, despite near record imports from China, as a weak U.S. dollar helped American exports grow for the third consecutive month, a U.S. government report showed.

The monthly trade gap totaled Read More »

US, Korea trade pact faltered over autos

AJOT | November 11, 2010 | International Trade

Disagreement over the access of U.S. carmakers to the lucrative South Korean automobile market was the main reason the two countries failed to advance a long-stalled free trade pact, U.S. officials said.

Mike Froman, an economic adviser to U.S. Presid Read More »

Pandora Q3 profit triples, eyes Russia and China

AJOT | November 11, 2010 | International Trade

Jewellery maker Pandora , a newcomer to the bourse, said growth across all regions and product categories helped it triple profit in the third quarter.

Pandora makes mass-market jewellery sold mainly in Europe and the United States and is eye Read More »

Top 2 Taiwan airlines to lease planes as demand soars

AJOT | November 11, 2010 | Air Cargo

Taiwan's top two airlines said they would lease a combined eight large aircraft to keep up with a surge in demand for new China flights before orders for new planes arrive.

China Airlines and EVA Airways will lease the planes as demand grows Read More »

Fine hits SAS Q3, overshadows recovery effort

AJOT | November 11, 2010 | Air Cargo

Struggling Scandinavian airline SAS's efforts to cut costs were overshadowed by a fine that dragged it to a third-quarter pretax loss of 1 billion crowns ($149 million.

The airline booked 1.4 billion of one-off charges, the biggest of which w Read More »

Air New Zealand says EU drops cargo cartel charges

AJOT | November 11, 2010 | Air Cargo

New Zealand national carrier Air New Zealand said that charges that it was part of price fixing in air cargo services had been dropped by the European Commission. It said it was one of 11 airlines that had had the charges against them dropped. Read More »