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U.S. FERC approves Dominion’s Cove Point LNG export facility

Reuters | September 30, 2014 | Breakbulk & Projects | Projects | Energy

U.S. federal regulators on Monday approved construction of Dominion Resources Inc’s liquefied natural gas export project in Cove Point, Maryland. Read More »

Seaborne Announces an Interline Agreement with United Airlines

PR Newswire | September 30, 2014 | Air Cargo

Seaborne Airlines today announced the introduction of a new interline agreement with United Airlines providing customers convenient connections between the networks of United and Seaborne Airlines. Read More »

Ebola poses threat to Ivory Coast cocoa output, exporters say

Reuters | September 30, 2014 | International Trade

Cocoa exporters in the Ivory Coast are fuelling market fears of potential supply shortages that have driven prices to 3-1/2 year highs, warning output could drop dramatically if the Ebola virus spills into the world’s top grower. Read More »

South Africa’s Transnet in $2.1 billion BHP coal train deal

Reuters | September 30, 2014 | Intermodal | Rail

South African state logistics company Transnet said on Tuesday it had signed a 24 billion rand ($2.1 billion) deal with global mining group BHP Billiton to provide trains to bring coal to the coast for export. Read More »

Modern Logistics Secures Funding for Launch of Operations

GlobeNewswire | September 30, 2014 | Transport Intermediaries

Modern Logistics S.A., the first Brazilian multimodal logistics company integrating air operations within its platform, has closed an initial private equity investment of up to R$75 million ($30 million). Read More »

First Alaskan crude in a decade heads to S.Korea as shale pressures build

Reuters | September 30, 2014 | Energy | Maritime

The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking another milestone as booming shale oil output forces domestic drillers to seek new customers. Read More »

Con-way Announces Enhancements to Driver Pay Package at Con-way Freight

PR Newswire | September 30, 2014 | Intermodal | Road

Con-way Inc. announced today enhancements to its compensation package for drivers at its (LTL) carrier, Con-way Freight. These changes provide for increases in current pay rates while reducing the time it takes for drivers to reach top pay scale. Read More »

China gives 4 shipping lines $293 million to upgrade fleets

Reuters | September 30, 2014 | Liner Shipping

China has given four shipping lines including China Cosco 1.8 billion yuan ($293.3 million) in subsidies to encourage them to retire and upgrade their vessels, the four companies said. Read More »

Botched customs upgrade cuts off Congo’s second city

Reuters | September 30, 2014 | International Trade

A month ago, Democratic Republic of Congo’s border post with Zambia, one of Africa’s busiest land frontiers, went high-tech, with a web-based customs system that was meant to improve efficiency and eradicate corruption. Read More »

US trade pact in spotlight as new EU Commission faces grilling

Reuters | September 29, 2014 | International Trade

The European Union's likely next trade chief will face tough questions about how she would handle free trade negotiations with the United States when confirmation hearings for the new European Commission. Read More »

Ford sees rising pre-tax margins in Asia, Europe

Reuters | September 29, 2014 | International Trade

Ford Motor Co expects a 2015 pre-tax loss of about $250 million in Europe, although it still is targeting a return to profitability, executives told investors at a meeting Monday near company headquarters. Read More »

Ford says luxury brand Lincoln to triple global sales to 300,000 by 2020

Reuters | September 29, 2014 | International Trade

Ford Motor Co's uxury brand Lincoln will triple its sales by 2020 to 300,000 vehicles globally, from 100,000 in 2013, the automaker's Lincoln chief said. Read More »

Auto parts maker Toyoda Gosei settles US price-fixing charge

Reuters | September 29, 2014 | International Trade

A Japanese auto parts maker, Toyoda Gosei Ltd, has agreed to plead guilty to price-fixing and pay a $26 million fine, the Justice Department said. Read More »

EU trade nominee open to dropping investor rights in US pact

Reuters | September 29, 2014 | International Trade

The woman likely to become the EU's new trade chief sought to reassure lawmakers that U.S. companies will not be able to challenge Europe's safety and environmental rules if Brussels and Washington agree the world's biggest trade deal. Read More »

Young EU farmers struggle as Russian sanctions bite

Reuters | September 29, 2014 | International Trade

The neat rows of manicured trees seem a world away from the barricades of eastern Ukraine, but political tensions between the European Union and Russia are reverberating in Fabio Lambertini's pear farm in the tranquil Italian countryside. Read More »

Ukraine leader clings to European goal despite Putin

Reuters | September 29, 2014 | International Trade

Ukrainian President Petro Poroshenko has secured a temporary peace in the troubled east which he says gives him a chance to move Ukraine towards its dream of a place in Europe - but Russia's Vladimir Putin still holds cards that could thwart him. Read More »

Russia cannot change EU-Ukraine deal

Reuters | September 29, 2014 | International Trade

Russia will not be allowed to amend a free-trade deal between the European Union and Ukraine, the woman set to become the EU's new trade chief said on Monday, rejecting Moscow's demands. Read More »

Brazil trade minister says opening up trade would be ‘disaster’

Reuters | September 29, 2014 | International Trade

Opening up Brazil to more foreign trade would be a "disaster for Brazilian industry," Trade Minister Mauro Borges said in newspaper interview on Saturday, rebuffing a common plea among business leaders in Latin America's largest economy. Read More »

Brazil offers earlier tax aid to exporters ahead of elections

Reuters | September 29, 2014 | International Trade

The Brazilian government will offer tax rebates for exporters beginning in October, Finance Minister Guido Mantega said on Monday, in the latest measure to help struggling businesses just days ahead of a presidential election. Read More »

India’s textiles, apparel exports to rise by 10% this year

Reuters | September 29, 2014 | International Trade

India's cotton and apparel exports are set to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other producing markets steer international buyers toward Indian exporters, industry officials said. Read More »

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