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AirBridgeCargo to add new routes after record result

AJOT | July 28, 2014 | Air Cargo

AirBridgeCargo Airlines (ABC), Russia’s largest scheduled cargo airline and part of Volga-Dnepr Group, has started its 10th anniversary year with a record performance in the first six months of 2014 as it transported 188,354 tons of cargo across its international network, up 16% on the previous year. Read More »

Volga-Dnepr’s IL-76TD-90VD fleet sees oil and gas deliveries double in first half of 2014

AJOT | July 28, 2014 | Air Cargo

Volga-Dnepr Group’s Engineering & Logistics Center (ELC) developed a special loading frame that provided a timely and cost efficient solution for a customer moving a 30-ton oil and gas shipment onboard its IL-76TD-90VD from Johor Bahru, Malaysia, to Yuzhno-Sakhalinsk, Russia. Read More »

Natural Gas Takes the Front Stage as Fossil Fuel for Sustainable Energy Development

AJOT | July 28, 2014 | Energy

The August Edition of USA Oil and Gas Monitor 2014 is out today. Indeed, it goes without saying that there is abundance of natural gas across the globe and the call for cleaner alternative to oil fuel, CO2 and GHG emission is making gas not only the fuel of the future but also the fuel of the moment. Read More »

Quote from Robert Voltmann on Ferro Resignation, SMS Website Changes Finalized

AJOT | July 28, 2014 | Transport Intermediaries

FMCSA Administrator Anne Ferro notified agency employees that she will step down from her position at the Department of Transportation in a month, to become President of the American Association of Motor Vehicle Administrators. Read More »

PMA and ILWU Update on Contract Talks

AJOT | July 28, 2014 | Ports & Terminals

After several days of productive contract talks, both parties concluded negotiations on Friday afternoon. Read More »

Private buyers in Iran look to play bigger role in grain imports

Reuters | July 28, 2014 | International Trade

One sign of change in Iran as it works toward a nuclear deal with world powers is the way it is feeding itself, with private grain firms beginning a slow return to their traditional role as major food commodity importers. Read More »

China needs to import more food to ease water, energy shortages

Reuters | July 28, 2014 | International Trade

China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like Xinjiang and Ningxia, a senior environmental official said on Monday. Read More »

Tanker with Iraqi Kurdish crude cleared to unload cargo off Texas

Reuters | July 27, 2014 | Energy | Maritime

A tanker carrying crude oil from Iraqi Kurdistan was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude. Read More »

As U.S. kicks off crude exports, Iran casts a shadow in Asia

Reuters | July 27, 2014 | Energy | International Trade

The United States faces an awkward rival in its first attempts in 40 years to export crude oil - Iran. Read More »

Canada’s TransForce to buy Contrans; shares rise

Reuters | July 25, 2014 | Intermodal

Shares of Canadian trucking company TransForce Inc rose as much as 8 percent in morning trading on Friday after the company said it would buy Contrans Group Inc for about C$495 million and reported better-than-expected results. Read More »

Asia-Europe container freight rates fall 2.2 pct

Reuters | July 25, 2014 | Breakbulk & Projects

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 2.2 percent to $1,203 per 20-foot container (TEU) in the week ending on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

South Africa plans plain cigarette packaging by 2015

Reuters | July 24, 2014 | International Trade

South Africa aims to force cigarette companies to sell products in plain packets by next year, despite an ongoing World Trade Organization (WTO) investigation into Australia's ban on tobacco branding, the health minister said. Read More »

Whirlpool cuts outlook as China sales plunge ahead of merger

Reuters | July 24, 2014 | International Trade

Whirlpool Corp posted a lower-than-expected quarterly profit and cut its full-year earnings outlook, citing a sales drop triggered by its pending acquisition of a Chinese rival. Read More »

In China, Apple’s focus pays off while Samsung feels squeeze

Reuters | July 24, 2014 | International Trade

The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets. Read More »

China regulator determines Qualcomm has monopoly

Reuters | July 24, 2014 | International Trade

China's antitrust regulator has confirmed that Qualcomm Inc, one of the world's biggest mobile chipmakers, has a monopoly, the state-run Securities Times newspaper reported, as Qualcomm's chief executive held talks in China. Read More »

McDonald’s CEO: ‘deceived’ by audit of China meat plant

Reuters | July 24, 2014 | International Trade

McDonald's Corp feels "a bit deceived" by the audit it received for Shanghai Husi Food Co Ltd, a China supplier that was shut down this week after a TV report showed workers mishandling meat, Chief Executive Don Thompson said. Read More »

Japan June exports slide in warning sign for economic outlook

Reuters | July 24, 2014 | International Trade

Japan's exports unexpectedly fell in June for a second straight month, weighed down by a drop in shipments to Asia and the United States, signaling that weak external demand may require bolder measures from policymakers to sustain the country's economic recovery. Read More »

Asian economies to struggle on weak export demand

Reuters | July 24, 2014 | International Trade

'The outlook for emerging Asia has dimmed further this year on weak demand for exports, although growth in India is expected to accelerate into 2015 even as China is held back in part by a slowing property market, Reuters polls showed. Read More »

Meat supplier in China food scandal grew with McDonald’s

Reuters | July 24, 2014 | International Trade

Eight months ago in front of a crowd of food industry executives gathered at a fancy Chicago hotel, a top McDonald's Corp executive lauded the boss of meat supplier OSI Group for his dedication to the fast-food giant's "McFamily". Read More »

China probes food businesses; Hong Kong bans imports in meat safety scare

Reuters | July 24, 2014 | International Trade

China's food regulator has visited close to 600 restaurants, businesses and food distributors as it investigates a fast-spreading food safety scare that has dragged in a number of global brands and hit food outlets as far away as Japan. Read More »

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