Southeastern Freight Lines opens new service center in Charlotte, NC

AJOT | February 13, 2011 | Intermodal

Southeastern Freight Lines, a leader in regional less-than-truckload (LTL) transportation services, announces the opening of a second service center in Charlotte, N.C. in response to growing business in the region.

The new facility, located on a 30-ac Read More »

Vitran posts wider Q4 loss

AJOT | February 13, 2011 | Intermodal

North American transportation company Vitran Corp posted a wider fourth-quarter loss, hurt by higher-than-expected insurance-related expenses and increased operating costs.

Vitran, which has operations across Canada and the United States, posted a los Read More »

YRC provides new service options with mobile tools

AJOT | February 13, 2011 | Intermodal

YRC, the largest subsidiary of YRC Worldwide Inc., announced new mobile tools that allow YRC customers to track shipments, read the latest YRC news and access customer service. YRC is providing free iPhone and Android apps, along with a mobile website for Read More »

YRC reports improved 4th quarter

AJOT | February 13, 2011 | Intermodal

YRC Worldwide, the top U.S. trucker, said it saw improved operating results in the fourth quarter and reported more revenue than expected, as officials said the company was seeing volume growth and increased stability.

A year after it narrowly averted Read More »

BMW sees record sales on China boom

AJOT | February 13, 2011 | International Trade

BMW AG expects double-digit growth in China to help fuel record sales this year, the German automaker's chief financial officer said.

The world's largest luxury car maker also sees a recovery in the U.S. market, where it is prepared to invest more mon Read More »

Brazil beef exports to rise 25% in 2011

AJOT | February 13, 2011 | International Trade

Higher prices for beef and a recovery in the size of Brazil's herd should push up unprocessed exports in 2011 by 25 percent to 2 million tonnes, the national farming confederation, CNA, said.

Antenor Nogueira, president of a CNA forum for beef, said B Read More »

Brazil slows China imports with inspections

AJOT | February 13, 2011 | International Trade

Brazil may intensify quality inspections of imported products in an effort to stem a flood of Chinese goods that local industries say are weakening them, the O Globo newspaper reported.

The government could create a quality "seal" that would help filt Read More »

British PM calls for Europe to deregulate, push free trade

AJOT | February 13, 2011 | International Trade

British Prime Minister David Cameron called for Europe to launch a major drive to deregulate business, innovate and sign free trade pacts with Asia, the Middle East and Latin America.

"Europe has got to earn its way," Cameron told delegates in an addr Read More »

Canada seeks WTO review of EU ban on seal products

AJOT | February 13, 2011 | International Trade

Canada will ask the World Trade Organization to set up a formal dispute resolution panel to address the European Union's ban on trade in seal products, Fisheries Minister Gail Shea said.

The European Union closed its borders to seal products last year Read More »

Canada, US border deal seen far from certain

AJOT | February 13, 2011 | International Trade

Swift action is needed to put meat on the bones of a framework border-security agreement announced by U.S. President Barack Obama and Canadian Prime Minister Stephen Harper, Canadian business analysts said.

But whether a final agreement on a "perimete Read More »

China sees US. stoking Brazil, India anger over yuan

AJOT | February 13, 2011 | International Trade

The United States has incited Brazil and India to criticise China's currency policy, but Beijing need not worry too much because it can defuse the tension through talks, a series of Chinese government advisers told Reuters.

Independent analysts warned Read More »

US lawmakers try again for China yuan bill

AJOT | February 13, 2011 | International Trade

A bipartisan group of 101 U.S. lawmakers in the House of Representatives launched a new bid to pass legislation aimed at pressuring China to let its yuan currency rise in value.

The same proposals cleared the House last year but died in the Senate. If Read More »

Ethiopia aims to join WTO without opening up sectors

AJOT | February 13, 2011 | International Trade

Ethiopia said it expected to gain entry to the World Trade Organisation soon without giving way to foreign demands that it open up its banking and telecoms sectors.

Analysts say the Horn of Africa country's hopes for WTO membership hinge on calls for Read More »

Fake goods in transit can be seized if EU-bound

AJOT | February 13, 2011 | International Trade

Suspected fake goods moving through the European Union from a non-EU country can be seized if there is a danger they could enter the trade bloc, an adviser to the EU's highest court said.

The non-binding opinion by Advocate General Pedro Cruz Villalon Read More »

India aims to halve transaction costs for exporters

AJOT | February 13, 2011 | International Trade

India has taken steps to unclog its notorious infrastructure bottlenecks to slash transaction costs for exporters by nearly half as the Asian giant aims to double its share of world trade, officials said.

Exporters in Asia's third-largest economy face Read More »

US concerned over Indian trade barriers

AJOT | February 13, 2011 | International Trade

India's restrictive trade policy is impeding foreign investment and it needs to work harder to free up its economy, U.S. Commerce Secretary Gary Locke said, despite growing economic ties between the countries.

India is only the 14th biggest trading pa Read More »

Kazakhstan eyes WTO accession in H1 2012

AJOT | February 13, 2011 | International Trade

Kazakhstan, Central Asia's largest economy, could join the World Trade Organisation (WTO) in the first half of 2012, Economy Minister Zhanar Aitzhanova said.

"We will try to complete all the work on this issue this year. All the conditions for this ex Read More »

Meat exports worth watching in 2011:

AJOT | February 13, 2011 | International Trade

The prospects look good for a record strong showing by U.S. meat exporters this year given the growing global demand for meat products and the recent outbreak of foot-and-mouth disease (FMB) in South and North Korea, which has led to the culling of millio Read More »

US trade gap widens in December, swells 33% in 2010

AJOT | February 13, 2011 | International Trade

The U.S. trade deficit widened in December to its highest level in four months, the U.S. government said in a report that also showed the annual trade gap expanded nearly 33 percent in 2010 as imports from China hit record levels.

The December trade d Read More »

C.A.L. Cargo Air Lines and Traxon Europe sign partnership

AJOT | February 13, 2011 | Air Cargo

Traxon Europe, the international e-communications provider for the air cargo industry, has recently signed a contract with C.A.L. Cargo Air Lines. The airfreight carrier is using the new TRAXON Air Cargo Customs (ACC) Europe solution to comply with the EU Read More »