U.S. railcar usage points to recovery

AJOT | September 19, 2010 | Intermodal

The queues of unused railroad cars in sidings in Montana in the United States have shrunk dramatically in the last year in a sign that economic recovery is taking hold, investment guru Ralph Acampora said. Read More »

TransCore’s North American Freight Index reports highest August spot market truck freight since 2005

AJOT | September 19, 2010 | Intermodal

TransCore's North American Freight Index achieves highest level for the month of August since 2005. Spot market freight availability in August increased 75 percent over August 2009. Year-over-year comparisons are expected to be progressively less dramatic Read More »

UPS makes waves with new preferred LCL ocean freight service

AJOT | September 19, 2010 | Intermodal

UPS has launched a new ocean freight service that provides up to 20 percent faster door-to-door delivery than other less-than-container-load (LCL) services on the market.

UPS's Preferred LCL Ocean Freight service combines the strength of UPS' Read More »

US senator says time to reform freight rail

AJOT | September 19, 2010 | Intermodal

Freight railroads use their market power to overcharge certain shippers, and new legislation or regulation is necessary to ensure fair pricing, a U.S. Senate committee chairman said.

"Things are going to have to change, and change big time," Read More »

‘New thinking, new resolve, and new optimism’ characterize official opening of Norfolk Southern’s…

AJOT | September 19, 2010 | Intermodal

Norfolk Southern's Heartland Corridor, one of the most extensive railroad engineering projects in modern times and a template for public-private partnerships that strengthen the nation's transportation infrastructure ' officially opened for business today Read More »

Russia’s Putin pledges state support for Deere

AJOT | September 19, 2010 | International Trade

Russian Prime Minister Vladimir Putin has pledged state support for Deere & Co , the world's largest farm equipment maker, if it makes spare parts in Russia. Read More »

USTR files steel, credit card cases versus China

AJOT | September 19, 2010 | International Trade

The U.S. Trade Representative's office said it has filed two new cases against China at the World Trade Organization for alleged violations of global trade rules, adding to U.S.-China tensions over economic and foreign policy issues.

One case Read More »

Railway tsar says Russian trade shifts to Asia

AJOT | September 19, 2010 | International Trade

Russian trade is rapidly shifting to booming Asia from troubled Europe, the head of the railroad monopoly Russian Railways said, challenging European leaders to adapt to change.

Vladimir Yakunin, a long-time friend of Prime Minister Vladimir Read More »

Scania sees Brazil 2011 truck sales ‘slightly up’

AJOT | September 19, 2010 | International Trade

Brazilian truck market sales will probably be "slightly up" next year, reflecting a strong base of comparison after a bullish performance this year, the head of the Brazilian unit of Swedish truck maker Scania AB said. Read More »

Trade helped developing countries cut poverty

AJOT | September 19, 2010 | International Trade

The global trading system has helped developing countries fight poverty by preventing the rise of protectionism in the financial crisis, the head of the World Trade Organization said. Read More »

Saudi deal could be first of more Gulf US arms pacts

AJOT | September 19, 2010 | International Trade

U.S. arms manufacturers are capitalising on fears of war with Iran to sell more weapons to Saudi Arabia and other nervous Gulf Arab neighbours of the Islamic republic.

U.S. plans unveiled this week to sell Saudi Arabia up to $60 billion in ai Read More »

US lawmakers grill Geithner on China currency stance

AJOT | September 19, 2010 | International Trade

Treasury Secretary Timothy Geithner sought to convince skeptical U.S. he was taking a tougher line on China's currency and trade policies, but Beijing warned that pressure from Washington could backfire.

Striking his sharpest tone yet in what Read More »

Geithner’s testimony on China’s currency

AJOT | September 19, 2010 | International Trade

The following are highlights from U.S. Treasury Secretary Timothy Geithner's testimony on China's currency regime, which was released and prepared for delivery to the Senate Banking Committee. Read More »

Dell expands into western China, plans base by 2011

AJOT | September 19, 2010 | International Trade

Dell Inc plans to open a second production base in China as part of a spending spree it said could top $100 billion in 10 years, expanding into the country's less-developed but rapidly growing western region.

Dell's new manufacturing and sale Read More »

EU exec proposes agri-food trade deal with Morocco

AJOT | September 19, 2010 | International Trade

The European Union's executive arm proposed a new trade deal with, designed to extend duty-free trade in agricultural, food and fisheries goods between the kingdom and the 27-nation bloc.

The agreement -- negotiated at the end of 2009 -- woul Read More »

EU leaders agree on trade but clash over Roma

AJOT | September 19, 2010 | International Trade

The European Union agreed to sign a free-trade pact with South Korea and grant Pakistan trade concessions after floods, but a row over France's deportation of Roma migrants marred a one-day summit. Read More »

Ford expects to outgrow China market this year

AJOT | September 19, 2010 | International Trade

Ford Motor Co expects its sales in China to outpace growth in Chinese car market this year as it expands its dealer network, the company's local sales chief said.

Ford, which competes with Toyota Motor and others in the world's largest auto m Read More »

WTO hands over confidential report on Boeing aid

AJOT | September 19, 2010 | International Trade

The World Trade Organization delivered an interim ruling into the legality of U.S. government support for Boeing which will help determine the outcome of a trans-Atlantic aerospace industry row. Read More »

Boeing CEO heartened by WTO ruling on subsidies

AJOT | September 19, 2010 | International Trade

Boeing Co CEO Jim McNerney said he was heartened by a World Trade Organization ruling on aircraft subsidies, saying it appeared the findings against his company were not as severe as those against Europe.
A Geneva trade panel issued a confidential Read More »

EU wants talks with U.S. over Boeing

AJOT | September 19, 2010 | International Trade

European Union Trade Commissioner Karel De Gucht the only way to resolve a dispute over U.S. government subsidies to Boeing was to reach "a negotiated settlement."
The EU said it had won a dispute against the subsidies for Boeing that it hoped woul Read More »