International Trade

NFTC welcomes new chairman John Mullen, CEO, DHL Express

AJOT | January 23, 2008 | International Trade

The National Foreign Trade Council (NFTC) announced the appointment of its new Chairman, John Mullen, Chief Executive Officer for the Express division of Deutsche Post World Net (DPWN), the parent company of DHL, effective January 22, 2008. Mullen oversee Read More »

China looks to rural subsidy to ease trade surplus

AJOT | January 20, 2008 | International Trade

A pilot program by the Chinese government for subsidizing farmers to buy electrical appliances will help the country rein in its trade surplus and ease tensions with trading partners, the Finance Ministry said. Read More »

Canadian job losses stun market, exports firm

AJOT | January 20, 2008 | International Trade

Canadian job losses in December were the heaviest since May 2003 as the softening US economy and strong currency battered manufacturers, making an interest rate cut by the Bank of Canada almost a certainty. Read More »

New Zealand takes Australia to WTO court over apples

AJOT | January 20, 2008 | International Trade

New Zealand is seeking a ruling from the World Trade Organisation (WTO) on whether tough Australian sanitary rules on imports of apples break global trading rules, a WTO document showed. Read More »

Yen falls as Bush plan lifts dollar

AJOT | January 17, 2008 | International Trade

The yen fell against the dollar and euro on Friday after rising Asian and European equities calmed markets, prompting investors to edge back into relatively risky carry trades. Read More »

Vietnam embassy visits South Carolina to explore trade and investment

AJOT | January 06, 2008 | International Trade

In the past few years, Vietnam has become an increased presence in South Carolina imports and exports. According to the US Department of Commerce, Bureau of the Census 2007 report from the World Trade Atlas, imports from Vietnam into SC have increased by Read More »

Transportation & logistics deal volume to surpass previous levels

AJOT | January 06, 2008 | International Trade

Total transportation and logistics deal volume for 2007 is on pace to exceed 2006 levels, according to Intersections, PricewaterhouseCoopers' quarterly report on M&A in the global transportation and logistics industry. This may be due in part to the effec Read More »

Non-asset based 3PLs on a roll, despite industry slump

AJOT | January 06, 2008 | International Trade

A finely tuned crystal ball might provide a sharp vision of tomorrow's transportation industry, though with an asterisk that the picture emerging depends on whose crystal ball you're gazing into. Read More »

Chinese toys no less safe than others

AJOT | January 06, 2008 | International Trade

Despite the recent media attention paid to the alleged dangers associated with Chinese made toys -- and the backlash as Chinese companies consider suing American partners that initially blamed them for the problems -- they pose no more risk than toys made Read More »

WTO World Trade Report examines six decades of multilateralism in trade

AJOT | January 06, 2008 | International Trade

On January 1, 2008, the multilateral trading system celebrated its 60th anniversary. This year's World Trade Report celebrates this landmark anniversary with an in-depth look at the GATT and its successor the WTO. Read More »

World Bank has positive outlook on Latin America and the Caribbean for 2008

AJOT | January 06, 2008 | International Trade

The World Bank expects Latin America and the Caribbean's economy to grow about 5.1%this year, up from a previous forecast of 4.8%, but sees growth coming down slightly in 2008 given the stabilization of commodity prices and the impact of the US economic s Read More »

The GATT/WTO at 60: WTO World Trade Report examines six decades of multilateralism in trade

AJOT | December 26, 2007 | International Trade

On 1 January 2008, the multilateral trading system will celebrate its 60th anniversary. This year's World Trade Report celebrates this landmark anniversary with an in-depth look at the GATT and its successor the WTO. 'By striking an ambitious and developm Read More »

Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for November 2007

AJOT | December 26, 2007 | International Trade

Advance Report on Durable Goods Manufacturers' Shipments, Inventories and Orders for November 2007 Read More »

Guangzhou Issues Emergency Circular to Prevent Year-end Massive Layoffs

AJOT | December 20, 2007 | International Trade

As the Labour Contract Law is about to come into force, Guangzhou has issued an emergency circular to prevent companies from rushing to lay off workers ahead of the implementation of the law. The emergency circular stipulates that any incident of terminat Read More »

European Union cements market access for ACP countries; takes important step in EPA negotiations

AJOT | December 19, 2007 | International Trade

The European Commission welcomed the formal adoption by the Council of the market access offer for African, Caribbean and Pacific (ACP) countries under the Economic Partnership Agreements (EPAs). 35 ACP countries have signed either interim agreements or f Read More »

US GDP up 4.9% in 3Qtr

AJOT | December 19, 2007 | International Trade

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 4% in the third quarter of 2007, according to final estimates released by the Bureau of Economic Read More »

MTC Holdings closes acquisition of multimodal facility in Toluca, M’xico

AJOT | December 09, 2007 | International Trade

MTC Holdings, a leading terminal operating company headquartered in San Francisco, CA, announced that it has completed the acquisition of an inland, multi-modal terminal facility and services company branded as Puerta M'xico. Read More »

Transporting cargo requires skill, knowledge and training

AJOT | December 09, 2007 | International Trade

Not too long ago, transporting cargo was a relatively simple affair. Freight was picked up at a loading dock, transferred to a truck for delivery to ship or airplane, with a reverse process at destination. Today, freight is no longer simply freight. It i Read More »

US/ Peru Trade Promotion Agreement passed

AJOT | December 09, 2007 | International Trade

The US Senate passed the US/ Peru Trade Promotion Agreement (TPA) (HR 3688), 77 ' 18, previously negotiated by the Bush Administration, and approved by the US House of Representatives in November. The American Apparel & Footwear Association (AAFA) applau Read More »

WTO appoints Chinese judge, Taiwan drops objection

AJOT | December 09, 2007 | International Trade

The World Trade Organization (WTO) appointed four appeal judges, including one Chinese, after Taiwan dropped its objections, easing tension between the two rivals and defusing a looming crisis. Read More »