International Trade

German exports post surprise fall in July

Reuters | September 06, 2013 | International Trade

German exports and industrial output tumbled in July while imports rose, underscoring that the domestic economy is key for growth in Europe's largest economy this year as weakness elsewhere makes it hard to sell goods abroad. Read More »

French consumer confidence, trade point to improving outlook

Reuters | September 06, 2013 | International Trade

French consumer confidence improved slightly more than expected in August and imports rebounded in July, signs that domestic demand in the euro zone's second biggest economy is perking up. Read More »

US trade deficit widens in July as imports rebound

Reuters | September 04, 2013 | International Trade

The U.S. trade deficit widened slightly more than expected in July as exports dipped, but a rebound in imports pointed to some firming in underlying domestic demand early in the third quarter. Read More »

Mexico’s Coca-Cola Femsa still open to more M&A after Spaipa deal

Reuters | September 04, 2013 | International Trade

Mexican bottler Coca-Cola Femsa said it is open to more acquisitions, just days after its $1.9 billion purchase of Brazil's Spaipa, its ninth deal in the last two years. Read More »

Foreign-Trade Zone imports and exports hit record-high levels in 2012

AJOT | September 04, 2013 | International Trade

The value of exports from America’s Foreign-Trade Zones (FTZs) increased by 147.9 percent between 2009 and 2012, to a record-high $69.9 billion in merchandise exported, according to figures released by the U.S. Foreign-Trade Zones Board in its Annual Report to Congress. Read More »

Canada July trade deficit jumps as imports climb, exports fall

Reuters | September 04, 2013 | International Trade

Canada's trade deficit in July more than doubled to C$931 million ($887 million) from June as imports rose by 0.6 percent and exports fell by the same amount, Statistics Canada said. Read More »

Exports, spending pull euro zone out of recession in Q2

Reuters | September 04, 2013 | International Trade

A rebound in exports and a return to spending by households and governments pulled the euro zone out of recession in the second quarter of this year, data showed, in the first signs of recovery after the bloc's longest slump. Read More »

China Guangdong studies trade zone tie-up with HK, Macau

Reuters | September 04, 2013 | International Trade

China's export engine Guangdong province, located opposite Hong Kong, is studying how to develop a new integrated free trade zone (FTZ) in cooperation with Hong Kong and Macau, the official China Daily reported. Read More »

Cargosmart Hosts Seminars On Canada And Japan Customs Regulations

George Lauriat | September 03, 2013 | International Trade | Transport Intermediaries

CargoSmart Limited, a leading Software as a Service (SaaS) global shipping and logistics solutions provider, announced that it will be hosting a seminar series entitled “Compliance Countdown: Prepare for 2014 Advance Filing Requirements.” Read More »

Exmar And LNG Partners Take Further Steps
To Solidify Their Alliance For The BC LNG Project

George Lauriat | September 03, 2013 | Breakbulk & Projects | International Trade

Following execution of a Letter of Intent (LOI) by EXMAR with LNG Partners, LLC and LNG Barge Co BVBA for the long-term charter of a Floating Liquefaction & Storage Unit (FLSU) to serve the BC LNG Project near Kitimat, British Columbia, Canada, EXMAR and LNG Partners announced that they have taken a number of additional steps to solidify their alliance Read More »

Probe Into PetroChina Widens

Reuters | September 03, 2013 | International Trade

Hong Kong-listed Wison Engineering Services Co Ltd said chairman and controlling shareholder Hua Bangsong "is assisting relevant authorities" who were conducting an investigation after sharp falls in Wison's share price Read More »

Suez Canal security strengthened after failed attack

George Lauriat | September 03, 2013 | International Trade | Liner Shipping

Egypt’s armed forces are strengthening security measures in the Suez Canal, following an unsuccessful terrorist attack on a container ship transiting the waterway (August 31st). Read More »

CSN Wants Alabama Plant Included in Purchase of Brazil Steel Mill

George Lauriat | September 03, 2013 | International Trade

Brazilian steelmaker CSN (Companhia Siderúrgica Nacional SA) may call off plans to buy ThyssenKrupp's money-losing CSA mill in Rio de Janeiro if the German steelmaker does not include a U.S. sister plant in the deal, a source with knowledge of the matter said. Read More »

Top award for London Gateway’s Information Technology

George Lauriat | September 03, 2013 | International Trade

A unique and highly flexible state-of-the-art data centre architecture has won DP World London Gateway’s Information Technology Team a top award for innovation. Read More »

Shenzhen’s Yantian Terminal Hit With Strike

George Lauriat | September 03, 2013 | International Trade

Radio Free Asia (RFA) is reporting that around 800-workers at the Yantian International Container Port Co. walked out on Sunday (Sept. 1st) in protest, saying the company had failed to deliver on a promised school subsidy for their children. Read More »

ISM Says Factory Activity Up In August

Reuters | September 03, 2013 | International Trade

The Institute for Supply Management (ISM) said its index of national factory activity rose to 55.7 in August from 55.4 the prior month, comfortably beating expectations for 54. It was the highest reading since June 2011. Read More »

WTS International congratulates Feinberg on executive role at USDOT

AJOT | August 29, 2013 | International Trade

U.S. Transportation Secretary Anthony Foxx has announced that Sarah Feinberg will be joining the U.S. Department of Transportation as his Chief of Staff. Read More »

South Korea launches WTO dispute over US tariffs on washing machines

Reuters | August 29, 2013 | International Trade

South Korea has launched a dispute at the World Trade Organization to complain about U.S. punitive tariffs on South Korean washing machines, the WTO said. Read More »

Canada’s current account gap widens in second quarter

Reuters | August 29, 2013 | International Trade

Canada's current account deficit widened in the second quarter as exports struggled to gain traction and lower oil shipments to the United States caused the bilateral trade surplus to shrink, according to Statistics Canada data. Read More »

Thailand to appeal after Philip Morris wins tobacco caseThe Thai government plans to appeal a court

Reuters | August 28, 2013 | International Trade

The Thai government plans to appeal a court victory by tobacco giant Philip Morris to keep larger health warnings off cigarette packets for sale in Thailand. Read More »