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China expands export tax rebate scheme, looks to boost Shanghai port

Reuters | August 15, 2014 | Ports & Terminals

China will expand a scheme to speed up tax refunds for companies that export via a Shanghai port, the government said, as it looks to boost the city's role as an international shipping centre. Read More »

Japan imposes asset freeze on North Korean shipping firm

Reuters | August 15, 2014 | Liner Shipping

Japan froze the assets of the operator of a North Korean ship seized for smuggling arms, the Foreign Ministry said, just as Tokyo is engaged in talks with Pyongyang to return Japanese citizens kidnapped by North Korean agents decades ago. Read More »

Slow pace of rail recovery stirs fear of future woes

Reuters | August 15, 2014 | Intermodal

More than eight months after an extreme winter began snarling North American rail traffic, a Reuters analysis of industry data shows delays lingering, raising the risk of a second winter of chaos on the rails. Read More »

3PL Market: Global Third-Party Logistics Growth Led by APAC

PR Newswire | August 15, 2014 | Transport Intermediaries

DALLAS, August 15, 2014 /PRNewswire/ --

Read More »

US postpones vote in oil-country steel pipe case to August 22

Reuters | August 14, 2014 | International Trade

The U.S. International Trade Commission has postponed until Aug. 22 a vote on whether to impose hefty duties on imports of steel pipe used in the oil and gas industry from South Korea, India and elsewhere, a commission spokeswoman said. (Reuters) Read More »

US dairy farmers reap rewards from surging Asian demand

Reuters | August 14, 2014 | International Trade

Grain growers and cattle producers typically capture most of the limelight when it comes to discussions about contributions made to the American agricultural economy. Read More »

Qualcomm denies direct financial links with Chinese antitrust expert

Reuters | August 14, 2014 | International Trade

Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm. Read More »

Chinese group proposes to buy US chipmaker OmniVision

Reuters | August 14, 2014 | International Trade

U.S. digital imaging chipmaker OmniVision Technologies Inc said it received a buyout proposal from a group of investors led by China's Hua Capital Management Ltd. Read More »

GM to invest $2.8 billion in Brazil in five years

Reuters | August 14, 2014 | International Trade

General Motors Co will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, Chief Executive Officer Mary Barra said. Read More »

Russia to allow pork imports from China

Reuters | August 14, 2014 | International Trade

Russia's veterinary and phytosanitary service (VPSS) has decided to allow pork imports from China, the Interfax news agency reported citing the service's head Sergei Dankvert. Read More »

After China smartphone success, Lenovo plans leap forward overseas

Reuters | August 14, 2014 | International Trade

China's Lenovo Group said first-quarter profit jumped 23 percent, beating estimates, as a surge in smartphone sales showed how quickly the world's biggest personal computer maker is transforming itself into a major player in mobile technology. Read More »

Thailand’s CPF sees an even better H2 as chicken exports jump

Reuters | August 14, 2014 | International Trade

Charoen Pokphand Foods Pcl , Thailand's largest meat and animal feed producer, said on Thursday it expected second-half operating profit to outdo a strong first half, as chicken exports jump in the wake of China food scare. Read More »

EU seeks to take sting out of Russia food ban

Reuters | August 14, 2014 | International Trade

The European Commission will announce more help for EU fruit and vegetable producers early next week to try to stave off a price collapse after Russia's ban on most Western food imports. Read More »

Slovak PM warns “meaningless” Russia sanctions will jeopardize EU economy

Reuters | August 14, 2014 | International Trade

Slovakia's prime minister criticized the European Union's sanctions against Russia over Ukraine, saying they would only threaten economic growth in the 28-member bloc. Read More »

Germany’s DIHK cuts 2014 export growth forecast, citing Ukraine

Reuters | August 14, 2014 | International Trade

Germany's Chambers of Commerce cut its 2014 estimate for exports from Europe's biggest economy due to the Ukraine crisis, but said even its lower forecast would not be achievable if the standoff between Russia and the West worsened. Read More »

Porto Sudeste say Brazil iron ore terminal will start this year

Reuters | August 14, 2014 | Ports & Terminals

Trading firm Trafigura and Abu Dhabi sovereign wealth fund Mubadala said their Brazilian port for exporting iron ore will start this year, in response to a steelmaker with a contract to use the port that said the opening could be pushed back to 2015. Read More »

Phillips 66 says evaluating condensate export process, seeking clarity

Reuters | August 14, 2014 | Ports & Terminals

Independent refiner Phillips 66 said it is evaluating the export of super-light crude oil known as condensate, after two industry peers received U.S. government approval to ship it overseas after minimal processing. Read More »

TUI AG still eyes IPO or sale of Hapag-Lloyd stake

Reuters | August 14, 2014 | Liner Shipping

TUI AG is still open to a sale or flotation of its stake in container shipping company Hapag-Lloyd , its management said. Read More »

Argosy Transportation Group moves huge LPG tanks

AJOT | August 14, 2014 | Breakbulk & Projects

Argosy Transportation Group moves huge LPG tanks

Argosy Transportation Group, a member of the Cargo Equipment Experts CEE network in the USA, transported LPG tanks from Veracruz, Mexico to Georgetown, Guyana Read More »

Louis Berger to oversee Yaoundé-Douala highway segment construction in Cameroon

AJOT | August 14, 2014 | Intermodal

Louis Berger, a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. Read More »

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