US disappoints Whirlpool in case versus South Korea

AJOT | September 11, 2011 | International Trade

The U.S. Commerce Department dealt a blow to 100-year-old American manufacturer Whirlpool's push for duties on a flood of lower-priced refrigerators made by South Korean competitors.

In a preliminary ruling, the department said LG Electronics, Samsung Read More »

Toyota aims for quake-proof supply chain

AJOT | September 11, 2011 | International Trade

Toyota Motor Corp is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top executive said.

Toyota and othe Read More »

Locke calls for open trade, investment in China

AJOT | September 11, 2011 | International Trade

China and the United States should reduce trade and investment barriers to create jobs, U.S. Ambassador to China Gary Locke said on Friday, striking a broadly cooperative tone in his first official public address since assuming the position in August. Read More »

US trade deals face tricky path to approval

AJOT | September 11, 2011 | International Trade

After a heated fight this summer over the U.S. debt ceiling, cooler-headed Republicans and Democrats could come together this fall to pass three long-delayed free trade agreements.

But to get past distrust built up on each side, business groups such a Read More »

Braskem sees US as launchpad for growth

AJOT | September 11, 2011 | International Trade

Braskem, the largest petrochemical company in the Americas, will focus international expansion on the United States even as it considers building "green" plastics factories in Mexico and Asia, Chief Executive Carlos Fadigas told Reuters.

U.S. growth w Read More »

Italy 2011 jewellery export seen down as gold bites

AJOT | September 11, 2011 | International Trade

Jewellery exports from Italy, Europe's top producer and exporter, are expected to fall about 10 percent in volume in 2011 as surging gold prices and global economic uncertainty hit consumer demand, senior industry officials said.

Gold prices have stor Read More »

China August trade surplus dips, exports off peak

AJOT | September 11, 2011 | International Trade

China's trade surplus fell sharply in August as exports pulled back from a record high and imports jumped, indicating the world's second-largest economy is feeling the pinch from weaker global growth while domestic demand remains resilient.

China's ex Read More »

China probes some steel imports from Japan, Europe

AJOT | September 11, 2011 | International Trade

China has begun an anti-dumping investigation of some high-grade stainless steel seamless tubes imported from Japan and Europe, the Ministry of Commerce said.

In an announcement on its website, the ministry said it would evaluate the impact of such im Read More »

China loses WTO appeal on U.S. tariffs on tires

AJOT | September 11, 2011 | International Trade

The United States was entitled to impose extra safeguard duties on imports of Chinese tires, the World Trade Organization's top court said, upholding a ruling made in December 2010.

The United States imposed the 35 percent duties in September 2009 aft Read More »

Lufthansa Cargo Charter with a healthy gusto for partnerships

AJOT | September 11, 2011 | Air Cargo

The newest addition to the Lufthansa Cargo Charter sales partner family is ANS; the US based GSA who already has, amongst others, Singapore Airlines Cargo, Virgin Atlantic Cargo and Aeromexico Cargo under contract. Ana Gerber, based in the Montreal office Read More »

Volga-Dnepr UK secures international seal of approval for quality and environment management

AJOT | September 11, 2011 | Air Cargo

Volga Dnepr UK, part of Volga-Dnepr Group, has achieved international endorsement for its quality and environment management processes from the International Organization for Standardization (ISO), the most well-established management standards in the wor Read More »

Cargo plane crashes in Indonesia’s Papua

AJOT | September 11, 2011 | Air Cargo

A cargo plane piloted by an Australian and co-piloted by a Slovak crashed in a mountainous area in Indonesia's remote Papua province last week, a transport ministry spokesman said. Read More »

Hactl announces August tonnage throughput

AJOT | September 11, 2011 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) announced today its air cargo tonnage throughput for August 2011. A total of 221,375 tonnes were handled in the month, registering a year-on-year drop of 9.3%. Cumulative tonnage from January to August was 1,7 Read More »

DHL Express enhances import and export services in the Americas region with new flights

AJOT | September 11, 2011 | Air Cargo

DHL Express, the world's leading international express provider, is further boosting service to its customers within the Americas through new, direct flights between its Cincinnati and Panama hubs. Under way September 6, the flights improve delivery times Read More »

Lufthansa Cargo receives US SAFETY Act designation as first carrier

AJOT | September 11, 2011 | Air Cargo

Lufthansa Cargo AG has been the first air carrier to receive the US Department of Homeland Security SAFETY Act Designation for the screening of air cargo departing the United States. James LoBello, Head of Security, The Americas, states: "In working with Read More »

Maersk throws down challenge on Asia-Europe routes

AJOT | September 11, 2011 | Liner Shipping

Maersk Line, the world's biggest container shipping company, threw out a challenge to rivals by introducing a more streamlined and frequent service without a premium surcharge on its key Asia-Europe routes.

With freight rates under pressure, Maersk's Read More »

Evergreen named as a top supplier for Sear Holdings

AJOT | September 11, 2011 | Liner Shipping

Evergreen has been named a 2010 Partner in Progress for Sears Holdings Corporation. Evergreen received the award for the ocean carrier's unique dedication to service commitment, quality and innovation.

It was based on "space protection" that Evergreen Read More »

Somalia pirates free MV Panama after $7 mlllion ransom paid

AJOT | September 11, 2011 | Liner Shipping

Somali pirates freed the Liberian-flagged container ship MV Panama seized last December after receiving a $7 million ransom, pirates holding the ship told Reuters.

The vessel was hijacked on Dec. 10 en route from Tanzania to Mozambique with a crew of Read More »

Maersk Line says container sector to stay depressed

AJOT | September 11, 2011 | Liner Shipping

Conditions in the overall ship container industry will remain depressed in the coming months due to a glut of ships on order, the chief executive of Maersk Line said.

Prospects for a recovery in the global container shipping industry could be derailed Read More »

EU sanctions on Libyan ports seen lifted

AJOT | August 30, 2011 | Ports & Terminals

European Union sanctions against six Libyan ports, several oil companies and more than a dozen other entities, could be lifted, EU diplomats said.

The EU's 27 governments reached a preliminary agreement on Wednesday to ease the bloc's restrictions aga Read More »