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Brazil Feb trade surplus rises less than expected

AJOT | April 01, 2010 | International Trade

Brazil posted a lower-than-expected trade surplus of $668 million in March, compared with a surplus of $394 million in February, the trade ministry said. Read More »

Egypt’s GASC buys 60,000 tons of Russian wheat

AJOT | April 01, 2010 | International Trade

Egypt's main government wheat buyer said on he had bought 60,000 tons of Russian wheat for June 1-15 shipment, on a free on board basis.

Nomani Nomani, vice chairman of the General Authority for Supply Commodities (GASC), gave the following breakdown Read More »

TFS eyes Indian sandalwood growth in Australia

AJOT | April 01, 2010 | International Trade

Australia's TFS Corp , the largest grower of Indian sandalwood outside of India, plans to acquire a second planting site in Western Australia to expand by four times its capacity for growing the valuable aromatic tree.

TFS, which produces san Read More »

China to discuss Iran sanctions; Hu to visit U.S.

AJOT | April 01, 2010 | International Trade

China has agreed to serious negotiations with Western powers about imposing new sanctions on Iran and President Hu Jintao will attend a multi-nation summit on nuclear security in Washington this month, officials said.

The two moves should dil Read More »

Russia dominates neighbours in new customs union

AJOT | April 01, 2010 | International Trade

Russia's partners in a new customs union, Kazakhstan and Belarus, are getting cold feet about a pact designed to boost trade between the trio of ex-Soviet states and add clout to their WTO accession talks. Read More »

Air France Cargo-KLM Cargo flies world-famous Matisse to the Netherlands

AJOT | April 01, 2010 | Air Cargo

AF-KL Cargo flew Dance (Danse), the world-renowned painting by French artist Henri Matisse, from the Hermitage in St Petersburg to the Hermitage Amsterdam, where it can be viewed up to and including 9 May. The enormous painting is the central piece of the Read More »

Korean Air Chairman: $1 billion development to LA

AJOT | April 01, 2010 | Air Cargo

Iconic building will 'redefine the skyline,' Cho tells business leaders
Korean Air Chairman Yang-Ho Cho detailed a $1 billion redevelopment initiative in the heart of downtown Los Angeles, a massive endeavor that includes a 560-room luxury Read More »

Strong performance in charter and air cargo markets helps Volga-Dnepr Group out-perform industry avg

AJOT | April 01, 2010 | Air Cargo

Volga-Dnepr Group's results for 2009 show its charter and scheduled cargo airline businesses out-performed the industry average for the year, with overall freight traffic up 7% on the previous 12 months, contributing to total sales of US$1.252 billion Read More »

DHL Express and Girl Scouts of Nassau County send over one million cookies to US troops

AJOT | April 01, 2010 | Air Cargo

The Girl Scouts of Nassau County and DHL, the world's leading express delivery and logistics company, have partnered together once again to deliver a record number of Girl Scout Cookies to U.S. military troops overseas. This morning at the Girl Scouts of Read More »

American Airlines Cargo named ‘Int’l Airline of the Year’ by the Express Delivery & Logistics Assoc.

AJOT | April 01, 2010 | Air Cargo

American Airlines Cargo Division (AA Cargo) announced it has received the 'International Airline of the Year' award from the Express Delivery and Logistics Association (XLA) at its annual AirCargo 2010 Conference in Orlando, Fla. Read More »

Mitsui O.S.K. Lines, Ltd. announces revision of FY2009 outlook

AJOT | April 01, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. (the Company; President: Akimitsu Ashida) announced a revision of its consolidated business outlook for FY2009, ending March 31, 2010 (April 1, 2009 - March 31, 2010), announced on January 29, 2010, as follows: Read More »

Med trade strengthened with reintroduction of Safmarine ME 3 service

AJOT | April 01, 2010 | Liner Shipping

Safmarine announces the reintroduction of the ME 3 shipping service between the Mediterranean and West Central Asia.

According to Safmarine Liner Director, Jan Scheck, the reintroduction of the service is aligned with Safmarine's plans to str Read More »

Sea Star and the American Shipping Group realign leadership team

AJOT | April 01, 2010 | Liner Shipping

American Shipping Group, Inc. announces the following organizational changes. Frank Peake will join the American Shipping Group (ASG) as Vice President, focusing on strategic planning for all ASG companies operating in the Puerto Rico and Alaskan markets Read More »

Maersk Line adds direct S. Vietnam call with largest vessels to date Direct from Ho Chi Minh City…

AJOT | April 01, 2010 | Liner Shipping

Maersk Line announces it will adjust its Trans-Pacific 6 service (TP6) to add a direct, all water call from South Vietnam to the US West Coast. With the direct TP6 call, Maersk Line becomes the first carrier to introduce the 'Post-Panamax' class (9000 TEU Read More »

Crowley receives prestigious Toyota Logistics Service Award for Excellence

AJOT | April 01, 2010 | Liner Shipping

Toyota Logistics Services recently presented Crowley's Puerto Rico/Caribbean liner services group with its prestigious Award for Excellence in Quality in the marine division for 2009. It was the eighth consecutive year the company has received recognition Read More »

Evergreen, Wan Hai Lines and Simatech Shipping to launch East Africa joint service

AJOT | April 01, 2010 | Liner Shipping

Evergreen Line, Wan Hai Lines Ltd (WHL), and Simatech Shipping have agreed to operate an East Africa Service (EAF) with three ships of 1,200 TEU capacity. Evergreen, WHL, and SSF will each operate one vessel. Read More »

Russia lifts import bans on U.S. pork

AJOT | March 29, 2010 | International Trade

Eighteen U.S. pork plants will be able to resume shipments to Russia within days after Moscow lifted a ban that had closed the United States' fifth-largest export market for several months, officials said. Read More »

U.S. steel executives press Congress on China yuan

AJOT | March 29, 2010 | International Trade

U.S. steel executives urged Congress to get tough with Beijing on trade, while a Chinese official pressed President Barack Obama's administration not to label his country a "currency manipulator" with an undervalued yuan.

"We are in a trade w Read More »

US companies suddenly shy over China yuan squabble

AJOT | March 29, 2010 | International Trade

Many big U.S. industrial companies are counting on China's economy to drive growth, a bet unsettled by Washington's recent saber-rattling on Beijing's closely managed currency. Read More »

McDonald’s sees 2,000 stores in China by 2013

AJOT | March 29, 2010 | International Trade

McDonald's Corp expects China to be the engine of growth in the Asia Pacific over the next five years and predicts a good first quarter for same-store sales in the Asia, Middle East and Africa region.

The firm expects to have more than 2,000 Read More »

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