International Trade

As NACD members convene in Chicago, they urge congress to reform STB

AJOT | June 09, 2015 | International Trade

Members of the National Association of Chemical Distributors (NACD) from across the Midwest begin meeting in Chicago today for the 2015 Central Region Meeting, an annual event where chemical distributors of all sizes will strategize on crucial issues that impact their industry. Read More »

Nestle noodle crisis shows long road for India’s food safety

AJOT | June 08, 2015 | International Trade

The man who helped spark one of India’s largest food recalls -- prompting Nestle SA’s top executive to rush to New Delhi last week -- says government authorities lack the resources for widespread inspections. Read More »

China’s export machine is most dependent on US since 2010

AJOT | June 08, 2015 | International Trade

Americans bought almost $1 out of every $5 worth of goods that China exported in May, the highest share since August 2010. Read More »

China’s exports decline for a third month in drag on growth

AJOT | June 08, 2015 | International Trade

China’s exports fell for a third month in May, while imports slumped the most in three months, underscoring a sluggish domestic environment that may trigger more monetary policy support. Read More »

McDonald’s European meal deals help offset weak US May sales

Reuters | June 08, 2015 | International Trade

McDonald's Corp posted a smaller-than-expected drop in worldwide sales at established restaurants in May after a lift from value meal deals in Europe helped offset continued weakness in the United States, its top market for profit. Read More »

Mercedes-Benz global deliveries rise 12.8% in May

Reuters | June 08, 2015 | International Trade

Deliveries of Mercedes-Benz passenger cars rose 12.8 percent in May, lifted by a double-digit rise in deliveries in the United States and China and strong deliveries of the C-Class sedan, Daimler said. Read More »

Panasonic to send hundreds to Tesla Gigafactory, step up auto investment

Reuters | June 08, 2015 | International Trade

Japanese electronics group Panasonic Corp will dispatch hundreds of employees to Tesla Motors Inc's Nevada Gigafactory from this autumn to get ready to make lithium-ion batteries for electric cars at the plant from next year. Read More »

Japan says won’t decide on AIIB until corruption addressed

Reuters | June 08, 2015 | International Trade

Leaders of the Group of Seven industrial nations discussed a new Chinese-led Asian investment bank at a summit on Sunday, with Japanese Prime Minister Shinzo Abe underlining the need to address issues like corruption, his spokesman said. Read More »

Slide in China’s May imports signal need for more stimulus

Reuters | June 08, 2015 | International Trade

A bigger-than-expected slide in China's imports in May strengthened expectations more policy stimulus may be needed to avert a sharp slowdown in the world's second-largest economy. Read More »

Bangladesh exports bounce back in May after one month of fall

Reuters | June 08, 2015 | International Trade

Bangladesh exports earned $2.84 billion in May, rising 4.4 percent from a year earlier, driven by an increase in garment shipments, government data showed. Read More »

India imposes anti-dumping duty on some steel from China, others

Reuters | June 08, 2015 | International Trade

India's finance ministry has imposed anti-dumping duties ranging from $180 to $316 per ton for some industrial-grade stainless steel imported from China, Malaysia and South Korea in a bid to stem surging imports and protect the domestic industry. Read More »

Chinese defer car purchases for stocks to turn Buicks into Audis

AJOT | June 08, 2015 | International Trade

The stockbroker is beating the car salesman in the battle for Chinese wallets. Read More »

Liebherr Group’s turnover in the 2014 business year reaches a total of 8,823 million euros

AJOT | June 08, 2015 | International Trade

Against a background of moderate international economic development, Liebherr recorded a slight change in turnover for the 2014 business year, with a total of 8,823 million €, 1.6% (141 million €) below the previous year’s figure. Read More »

IAPH World Ports Conference in Hamburg Shows: The Port of the Future is Smart and Inspired by Others

PR Newswire | June 08, 2015 | International Trade

More than 900 guests spend the first week of June in Hamburg to discuss the future of international ports. There are only few places where the various actors in logistics meet at such close quarters as in ports. Read More »

Germany’s Merkel says “not much time left” for Greek debt deal

Reuters | June 08, 2015 | International Trade

German Chancellor Angela Merkel said on Monday there was not much time left for a debt deal to keep Greece in the euro zone and that Europe was prepared to show solidarity if Athens implemented economic reforms. Read More »

US wins WTO poultry birdflu case against India

Reuters | June 04, 2015 | International Trade

The World Trade Organization (WTO) said that India broke international trade rules by blocking U.S. poultry and egg imports because of unsubstantiated bird flu fears, confirming a win for the United States in the dispute. Read More »

US senator leaves options open on Export-Import Bank renewal

Reuters | June 04, 2015 | International Trade

The chairman of the U.S. Senate Banking Committee will decide in a "week or so" whether to try to extend the Export-Import Bank's term, which runs out at the end of June. Read More »

In Ex-Im Bank fight, Texas has most to lose, and fiercest bank opponents

Reuters | June 04, 2015 | International Trade

In a fight in the U.S. Congress over the future of the Export-Import Bank, no state looms larger than Texas, on both sides. Read More »

US trade deficit shrinks

Reuters | June 04, 2015 | International Trade

The U.S. trade deficit narrowed in April on a drop in imports, which surged in March following the end of a West Coast ports labor dispute, while companies picked up their hiring in May after a pullback the previous month. Read More »

Obama coaxes Democrats in US House to support his trade agenda

Reuters | June 04, 2015 | International Trade

President Barack Obama pushed reluctant members of his own Democratic party in the U.S. House of Representatives to support a Pacific trade deal he wants to finalize by the time he leaves office. Read More »