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APM Terminals Virginia sale completed

AJOT | August 24, 2014 | Ports & Terminals

APM Terminals Virginia and a partnership comprising affiliates of investment funds managed by Alinda Capital Partners (Alinda) and Universities Superannuation Scheme Limited (USS) announced that all regulatory requirements and other conditions of their transaction have been satisfied. Read More »

WTO rules against Argentina licensing rules in row with US, EU, Japan

Reuters | August 24, 2014 | International Trade

A World Trade Organisation (WTO) dispute panel ruled against Argentina in a 2012 case brought by the United States, European Union, and Japan against Argentine import licensing rules used to restrict imports. Read More »

Russian import bans a boon for food tycoons

Reuters | August 24, 2014 | International Trade

In the escalating dispute between Russia and the West over Ukraine, a group of businessmen with Kremlin connections are emerging as likely beneficiaries of the tit-for-tat sanctions. Read More »

EU candidate Serbia says will not exploit Russian embargo

Reuters | August 24, 2014 | International Trade

Serbia said it would not subsidise exports to Russia, after the European Union urged the Balkan country - a candidate for accession to the bloc - not to exploit the Kremlin's ban on Western food imports. Read More »

China regulators says Qualcomm seeks to end anti-trust probe

Reuters | August 24, 2014 | International Trade

Qualcomm Inc is seeking to end an investigation by China's pricing regulator into monopoly practices, the company said, expressing its willingness to improve and correct pricing issues according to the regulator. Read More »

China appeals WTO ruling on solar panel dispute with US

Reuters | August 24, 2014 | International Trade

China has appealed against a WTO dispute panel report on anti-dumping duties applied on certain Chinese products by the United States, the World Trade Organisation (WTO) said. Read More »

Apple iPhone 6 screen snag leaves supply chain scrambling

Reuters | August 24, 2014 | International Trade

Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said. Read More »

Cuba struggles to attract investors despite reforms

Reuters | August 24, 2014 | International Trade | Ports & Terminals

Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms. Read More »

Globe Tracker and Total Soft Bank collaborate on advanced wireless tracking for marine terminals

AJOT | August 24, 2014 | Ports & Terminals

Globe Tracker International, a leader in global asset tracking, monitoring and data sharing, announced a strategic relationship with Total Soft Bank Ltd. (TSB), a leading global port and maritime information technology solution company. Read More »

Sea Star Line places order for new refrigerated containers

AJOT | August 24, 2014 | Liner Shipping

Sea Star Line, LLC recently placed an order for 100 new 40’ and 50 new 45’ refrigerated containers in year three of a five year equipment replacement plan. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years. Read More »

Teamsters’ reaction to the TSB report on the Lac-Mégantic derailment

PR Newswire | August 24, 2014 | Intermodal

Transparency and accountability must take precedence starting with full public disclosure of the Railroads self regulated SMS...

Read More »

Israeli shipper Zim narrows loss after debt restructuring

Reuters | August 24, 2014 | Liner Shipping

Israeli shipper Zim reported a narrower second-quarter loss on Sunday after wrapping up a $3.4 billion debt restructuring, and said the company was well positioned to compete in a recovering shipping industry. Read More »

Menzies Aviation Bobba Cargo Terminal opens exclusive pharma cold zone at Kempegowda International

PR Newswire | August 24, 2014 | Air Cargo

BANGALORE, August 22, 2014 /PRNewswire/ --

Read More »

China urges more private investment in troubled railways

Reuters | August 24, 2014 | Intermodal

Chinese Premier Li Keqiang urged the heavily scrutinised railway sector to seek more private investment and rely less on state support as a key plank of its reform, the government website said on Sunday. Read More »

US steel producers win anti-dumping case against cheap imports

Reuters | August 22, 2014 | International Trade

The U.S. International Trade Commission voted to impose anti-dumping duties against steel pipe imports from seven countries, exempting two, handing a victory to domestic producers who had complained that the cheap imports were undercutting their prices. Read More »

Truckers go on strike at China’s Ningbo Port, disrupt freight

Reuters | August 22, 2014 | Ports & Terminals

Thousands of truck drivers went on strike over salary and haulage rates in the eastern Chinese port of Ningbo this week, and a logistics firm said the industrial action was disrupting operations at the world's sixth busiest port. Read More »

Canada’s largest port approves $15 million coal transfer project

Reuters | August 22, 2014 | Ports & Terminals

Port Metro Vancouver, Canada's largest port, said it has approved a new facility to transfer coal from trains onto barges at Fraser Surrey Docks, a decision that followed lengthy public scrutiny over the project's environmental and health impact. Read More »

After Russia targets McDonald’s, businesses wonder who’s next

Reuters | August 21, 2014 | International Trade

Russia said it was investigating dozens of McDonald's restaurants, in what many businessmen said was retaliation for Western sanctions over Ukraine they fear could spread to other symbols of Western capitalism. Read More »

US Ex-Im Bank backers pin hopes on temporary reauthorization

Reuters | August 21, 2014 | International Trade

Business backers of the U.S. Export-Import Bank said they hope the institution's charter will be extended temporarily while Congress hashes out a longer-term reauthorization of the bank, which some lawmakers are bent on closing. Read More »

US regulator alleges India drugmaker Dr. Reddy’s breached packaging rules

Reuters | August 21, 2014 | International Trade

Export-focused Indian drugmaker Dr. Reddy's Laboratories Ltd said it was in talks with a U.S. regulator over allegations it violated packaging rules for some prescription drugs sold there between 2008 and 2012. Read More »

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