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China antitrust regulator fines two Japan auto parts makers

Reuters | August 19, 2014 | International Trade

Two Japanese automotive bearings makers said a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector. Read More »

Russia may ban car imports if West applies new sanctions

Reuters | August 19, 2014 | International Trade

Russia may tighten retaliatory sanctions against Western nations to include a ban on car imports, if the United States and the European Union impose additional sanctions on Moscow, daily newspaper Vedomosti reported. Read More »

Oregon denies construction permit for coal export terminal

Reuters | August 19, 2014 | Ports & Terminals

Oregon denied Ambre Energy's request for a permit to build a coal export terminal on the Columbia River, saying the project was not in the best interests of the state's water resources. Read More »

Egypt awards ambitious Suez project to army-linked Gulf firm

Reuters | August 19, 2014 | Ports & Terminals

Egypt's Suez Canal Authority announced that a Bahrain-registered firm is to develop a huge industrial and logistics hub around the canal, but gave no details of the project itself. Read More »

Maersk to buy back shares for first time, earnings rise

AJOT | August 19, 2014 | Liner Shipping

Denmark's A.P. Moller-Maersk announced the first share buy-back in its 110-year history on Tuesday as an overhaul of the sprawling shipping and oil empire leaves it with more cash than it can usefully invest. Read More »

Restaurant ship travels by road in Finland

AJOT | August 19, 2014 | Breakbulk & Projects

Restaurant ship travels by road in Finland

Nurminen Logistics, a member of the Cargo Equipment Experts CEE network in Finland, carried out one of the most challenging special road transport projects ever to take place in Finland. Read More »

Canada didn’t audit railway adequately before disaster

Reuters | August 19, 2014 | Intermodal

The Canadian government did not adequately audit the rail firm at the center of the Lac-Mégantic crude tanker disaster that last year killed 47 people, an independent federal agency said, as it called for tougher scrutiny of the rail industry. Read More »

Natural gas can keep those motors running

Reuters | August 19, 2014 | Intermodal

Cheap natural gas is starting to revolutionize traffic on U.S. roads, cutting bills for some of the country’s heaviest fuel users while reducing carbon emissions and other pollution. Read More »

As Russian food import ban bites, trucks lose, shipping wins

Reuters | August 19, 2014 | Intermodal | Transport Intermediaries

Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas, because of Russia's new ban on European food imports. Read More »

Old Dominion launches next day service to Toronto

AJOT | August 19, 2014 | Intermodal

Old Dominion Freight Line, Inc. has expanded next day service to the Greater Toronto area. The new service is provided at no additional cost to customers with shipments traveling from Ohio, Indiana and Michigan. Expedited services are also available to customers outside this region.  Read More »

Malaysia Airports eyes perpetual sukuk, hires 4 banks

Reuters | August 19, 2014 | Air Cargo

Malaysia Airports Holdings Bhd has hired four banks for a subordinated perpetual sukuk to raise 1 billion ringgit(317.26 million US dollar), Thomson Reuters publication IFR reported. Read More »

UPS establishes freight forwarding services in Myanmar

AJOT | August 19, 2014 | Air Cargo | Transport Intermediaries

UPS® has announced the expansion of inbound and outbound air and ocean freight services in Myanmar for the first time. Read More »

ATA truck tonnage index increased 1.3% in July

PR Newswire | August 19, 2014 | Intermodal

ATA truck tonnage index increased 1.3% in July

ARLINGTON, Va., Aug. 19, 2014 /PRNewswire-USNewswire/ -- American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index rose 1.3% in July, following a decrease of 0.8% the previous month. In July, the index equaled 130.2 (2000=100) versus 128.6 in June. The index is off just 0.6% from the all-time high in November 2013 (131.0).

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Tyson Foods looks for other pork export markets after China ban

Reuters | August 18, 2014 | International Trade

Tyson Foods Inc plans to find other export markets for its pork products after a recent delivery to China triggered an export ban of half its U.S. hog slaughterhouses, the company told Reuters. Read More »

Heinz recalls four batches of infant food in China

Reuters | August 18, 2014 | International Trade

Ketchup maker H.J. Heinz Co has recalled some infant food in eastern China after it was found to contain lead in excess of the allowable limit, the company said. Read More »

EU lifts ban on herring imports from Faroe Islands

Reuters | August 18, 2014 | International Trade

The European Union lifted its year-long import ban on herring and mackerel from the Faroe Islands, ending a dispute over alleged over-fishing in the northern Atlantic. Read More »

Euro zone trade surplus rises more than expected in June

Reuters | August 18, 2014 | International Trade

The euro zone's trade surplus grew more than expected in June from June a year ago, data showed on Monday, but the improved surplus does not yet reflect the full effect of sanctions and counter-sanctions imposed by the European Union and Russia over the conflict in Ukraine. Read More »

Belarussian oysters anyone? EU food trade looks to sidestep Russian ban

Reuters | August 18, 2014 | International Trade

People from Britain who go to Cyprus in August are usually after sun, sea and sand but one Lincolnshire man, a trader in fruit and vegetables, is heading there this week for the potatoes. Read More »

Russian sanctions threaten both Europe’s farmers and policymakers

Reuters | August 18, 2014 | International Trade

Pascal Sauvetre, an apple farmer in Poitou-Charentes on France's Atlantic coast, has a headache beyond the usual concerns about weather and tree fungus: Polish apples. Read More »

Russia looks for ways to soften impact of food import bans

Reuters | August 18, 2014 | International Trade

Russia will allow imports from neighbouring Belarus and Kazakhstan of food processed from Western raw materials as Moscow seeks to damp down domestic food price rises triggered by its ban on food imports from the West. Read More »

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