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Green groups urge US to drop solar trade case against India

Reuters | April 24, 2014 | International Trade

Environmental groups urged the United States to drop a challenge to India's massive solar program and said the World Trade Organization case would only hurt the growth of renewable energy resources. Read More »

US trade bank chief warns lawmaker ‘political games’ threaten exports

Reuters | April 24, 2014 | International Trade

U.S. lawmakers will only hurt American exports and jobs by playing "political games" that threaten to shut down the U.S. Export-Import Bank, the bank's president said. Read More »

Japan, US focusing on trade statement, final deal elusive

Reuters | April 24, 2014 | International Trade

Japanese and U.S. cabinet members are trying to hammer out a joint statement on trade but are not likely to reach a bilateral deal in the course of talks, a Japanese official said. Read More »

Adidas shifts orders from striking China plant

Reuters | April 24, 2014 | International Trade

Sportswear firm Adidas AG is shifting some orders from a factory in south China that has been at the centre of one of the country's biggest labour strikes, underlining a rising challenge for firms doing business in China where an increasingly savvy workforce is pushing harder for its rights. Read More »

Qualcomm faces China bribery allegations from US regulator

Reuters | April 24, 2014 | International Trade

Leading mobile chipmaker Qualcomm said it could face a civil action from U.S. authorities over alleged bribery of officials associated with state-owned companies in China. Read More »

Apple’s China success sets stage for iPhone 6, new products

Reuters | April 24, 2014 | International Trade

Strong sales of iPhones in China and emerging markets sets the stage for Apple Inc to reap even higher profits after it launches the next iPhone and other new products, analysts said. Read More »

Caterpillar posts higher first-quarter profit, raises outlook

Reuters | April 24, 2014 | International Trade

Caterpillar Inc posted a quarterly profit that topped analysts' estimates and raised its full-year outlook on a stronger-than-expected rebound in sales to the construction industry. Read More »

Nokia says India plant unlikely to be part of Microsoft deal

Reuters | April 24, 2014 | International Trade

Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded for the sale of its global handset business to Microsoft. Read More »

Apple’s sales boom in Communist Vietnam

Reuters | April 24, 2014 | International Trade

Communist Vietnam is suddenly Apple Inc's hottest market after sales there tripled in its fiscal first half, a growth rate five times faster than in India where it is spending heavily in a battle for market share. Read More »

Russian memo to WTO says US sanctions are illegal

Reuters | April 24, 2014 | International Trade

Russia has told the United States that its Ukraine-related sanctions on a Russian bank and Russian citizens are illegal under World Trade Organization rules and must be scrapped. Read More »

Russia threatens to restrict Polish apple imports

Reuters | April 24, 2014 | International Trade

Russia, Belarus and Kazakhstan may restrict imports of Polish apples due to concerns over the quality of food safety checks, a Russian official said, amid increased tensions between Moscow and the West over Ukraine. Read More »

EU considers ban on deals with banks in Crimea

Reuters | April 24, 2014 | International Trade

The European Union may ban transactions with financial institutions in Crimea as part of its response to the annexation of the Ukrainian peninsula by Russia last month, an EU document obtained by Reuters showed. Read More »

France, Germany show EU support for Georgia as Ukraine crisis mounts

Reuters | April 24, 2014 | International Trade

France and Germany assured Georgia that a deal bringing it closer to the European Union would be sealed within weeks, moving to tighten ties with the ex-Soviet republic as tension mounts between Russia and the West over Ukraine. Read More »

EU gives Geneva deal a chance before adopting new Russia sanctions

Reuters | April 24, 2014 | International Trade

The European Union is holding off imposing further sanctions on Russia for now over its actions in Ukraine until it sees if a deal reached in Geneva last week works, EU diplomats said. Read More »

Brazil investigates possible mad cow case

Reuters | April 24, 2014 | International Trade

Brazil is investigating a potential case of atypical mad cow disease, the agriculture ministry said, just over a year after several countries banned Brazilian beef imports when a similar case of the disease was confirmed. Read More »

Kalmar gains important orders from DP World Jebel Ali Port

AJOT | April 24, 2014 | Ports & Terminals

Kalmar, part of Cargotec, has been awarded important orders to supply DP World's Jebel Ali Port in Dubai with 125 terminal tractors and 12 empty container handlers. The orders were booked into Cargotec's 2014 first quarter order intake with deliveries of the terminal tractors scheduled to be completed by the end of third quarter 2014 and the empty container handlers by the year end. Read More »

IBIA appoints new vice-chairman

AJOT | April 24, 2014 | Ports & Terminals

The International Bunker Industry Association (IBIA) has appointed Robin Meech as its new vice-chairman for a one year term of office.  An independent and well respected bunker industry consultant, Robin Meech is a former bunker buyer and author of several books for the marine fuel sector.   Read More »

Report reveals lowest 1st quarter piracy figures since 2007

AJOT | April 24, 2014 | Liner Shipping

The International Chamber of Commerce's International Maritime Bureau (IMB) has revealed that piracy on the world's seas is at its lowest first-quarter level since 2007, but warns that the threat is still present. Read More »

Konecranes to deliver two STS cranes to Port of Oslo

AJOT | April 24, 2014 | Ports & Terminals

In April 2014, Konecranes received an order from the Port of Oslo, Norway, for two Panamax-size Ship-to-Shore (STS) cranes with an option for one more STS. Konecranes’ target is that these will be the most silent and eco-efficient STS cranes in the world. They will be delivered in the autumn of 2015.  Read More »

Universal Truckload Services, Inc. Reports First Quarter 2014 Financial Results

PR Newswire | April 24, 2014 | Intermodal

WARREN, Mich., April 24, 2014 /PRNewswire/ -- Universal Truckload Services, Inc. (NASDAQ: UACL) today reported first quarter 2014 net income of $8.1 million, or $0.27 per basic and diluted share, on total operating revenues of $279.4 million. This compares to $11.4 million, or $0.38 per basic and diluted share, during the first quarter of 2013 on total operating revenues of $248.1 million.

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