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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 »

Big shift in China economy to ‘disrupt’ Western retailers

Reuters | September 29, 2014 | International Trade

China's role in supplying cheap consumer goods to the West could end in coming years due to rising domestic consumption and worker pay, stoking inflation and unsettling retailers in Western markets, the chairman of logistics group Li & Fung warned. Read More »

China announces rule changes to jump-start Shanghai zone investment

Reuters | September 29, 2014 | International Trade

China has introduced a fresh round of regulatory changes in the Shanghai Free Trade Zone in a bid to jump-start interest in the district, which has been struggling to attract more overseas companies, a government website said. Read More »

Trains roll at Australia coal port after protester removed

Reuters | September 29, 2014 | Intermodal | Rail | Ports & Terminals | Ports

Train movements resumed at Australia's Newcastle port, the world's largest coal export terminal, hours after a protester disrupted operations by chaining himself to tracks, the national rail network operator said. Read More »

Israeli cargo ship heads for L.A. to unload after Oakland protest

Reuters | September 29, 2014 | Liner Shipping | Ports & Terminals | Ports

An Israeli-owned container ship that was blocked from unloading its cargo at the Port of Oakland by pro-Palestinian protesters over the weekend was headed to Los Angeles, according to a ship-tracking website. Read More »

GPA achieves 13% growth in container traffic

AJOT | September 29, 2014 | Ports & Terminals | Ports

With nearly 13 percent growth in container traffic over the first two months of the fiscal year, the Georgia Ports Authority has made a strong start to FY2015. Read More »

Hamburg Süd christens Cap San Antonio in Le Havre

AJOT | September 29, 2014 | Liner Shipping

Hamburg Süd celebrated the christening of its container ship “Cap San Antonio” at the Cruise Terminal of Le Havre, France, with customers and business partners. Read More »

Heavy cable reel transported from UK to UAE by Express Global Logistics

AJOT | September 29, 2014 | Breakbulk & Projects | Projects

Heavy cable reel transported from UK to UAE by Express Global Logistics

Express Global Logistics PVT.LTD (formerly known as Express Transport), a member of the Worldwide Project Consortium WWPC network in India, performed another outstanding job by ship chartering, safe and timely loading, survey and Ocean Transportation for a 130 tons Cable Reel, loaded onto M.V. ABIS DUSAVIK from Newcastle Port U.K to Mina Zayed Port, Abu Dhabi. Read More »

Idaho trucker accused of ditching chicken load arrested

Reuters | September 29, 2014 | Intermodal | Road

Idaho authorities said the truck driver suspected of holding 37,000 pounds of frozen chicken for ransom before ditching the trailer and leaving the fowl to rot at a Montana truck stop has been arrested. Read More »

Old Dominion furthers drayage expansion in Dallas and Nashville

AJOT | September 29, 2014 | Intermodal | Road

Old Dominion Freight Line, Inc. has added drayage facilities in Dallas, Texas and Nashville, Tennessee to its nationwide network. Read More »

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