International Trade

ADM expects GrainCorp deal by year-end, new Australian government key

Reuters | September 26, 2013 | International Trade

Archer Daniels Midland Co said it expects to complete its acquisition of Australian grain handler GrainCorp Ltd by the end of the year, as it hangs on approvals from Australia's new government and other regulators. Read More »

Russia to limit meat imports from 10 Brazilian suppliers

Reuters | September 26, 2013 | International Trade

Russia will limit beef and pork imports from 10 Brazilian suppliers starting on Oct. 2, its veterinary and phytosanitary service (VPSS) said, citing an unspecified breach of rules. Read More »

Mexico factory exports rise in August vs July

Reuters | September 26, 2013 | International Trade

Mexican factory exports rose in August in a sign of firmer U.S. demand, but the pace of consumer imports fell as Latin America's No. 2 economy struggles to gain speed after a weak first half this year. Read More »

India withdraws export incentives for cotton, yarn

Reuters | September 26, 2013 | International Trade

India has withdrawn incentives for exports of cotton and yarn, a value-added product used by textile mills, an official order said, a move that could cut exporters' margins in the world's second-biggest exporter of the fibre. Read More »

Wal-Mart ‘Made in America’ drive follows suppliers’ lead

Reuters | September 25, 2013 | International Trade

Wal-Mart Stores Inc, whose focus on low-cost sourcing helped to fuel the offshoring of U.S. manufacturing, has been promoting a patriotic new image in recent months. Read More »

Facebook and Twitter too late for China’s Internet

Reuters | September 25, 2013 | International Trade

Facebook Inc and Twitter face a daunting task in China, if access to their social networks is unblocked, as they would be up against deeply entrenched domestic rivals which cater to local needs and tastes. Read More »

Smithfield shareholders approve sale to China’s Shuanghui

Reuters | September 24, 2013 | International Trade

Smithfield Foods Inc shareholders approved the pork giant's $4.7 billion sale to Shuanghui International Holdings Ltd in what is shaping up as the biggest acquisition of a U.S. company by a Chinese firm. Read More »

Under new WTO head, race for December trade deal picks up pace

Reuters | September 24, 2013 | International Trade

Negotiators at the World Trade Organization are forging ahead with work to agree a global trade deal worth hundreds of billions of dollars but time is running out before the December deadline, the new head of the WTO said. Read More »

Indonesia brings fifth WTO challenge to Australia tobacco laws

Reuters | September 24, 2013 | International Trade

Indonesia launched a complaint against Australia's stringent tobacco packaging laws, becoming the fifth country to raise the restrictions at the World Trade Organization. Read More »

Russia sends new warning to Ukraine over EU deals

Reuters | September 24, 2013 | International Trade

Russia issued a new warning to Ukraine that Moscow could respond with protectionist barriers if its former Soviet ally joins a free trade pact with the European Union. Read More »

Massport strategic plan will explore solutions to impact of rising seas

AJOT | September 24, 2013 | International Trade

As the Massachusetts Port Authority develops its long range strategic plan over the next year, a key component of that effort will be how to protect Boston Logan International Airport, the Port of Boston and waterfront real estate against long-term sea level rise, storm surges and intense weather events like superstorm Sandy. Read More »

Lamborghini looks to find alternative to China market

Reuters | September 23, 2013 | International Trade

Italian car maker Lamborghini will struggle to find another China as sales of its super sports cars in the world's biggest auto market have hit the skids due to a government campaign against conspicuous spending. Read More »

Danone opening China bribery probe after TV report

Reuters | September 23, 2013 | International Trade

Reuters is reporting that a unit of French food group Danone SA (DANO.PA) said on Monday it opened an investigation after Chinese state TV reported that it bribed medical staff to boost sales of its infant formula at hospitals in a number of regions across northern China. Read More »

New Senate bill introduced to replace HMT

George Lauriat | September 23, 2013 | Breakbulk & Projects | International Trade | Liner Shipping | Ports & Terminals | Transport Intermediaries

Senator Murray (D-WA) introduced the Maritime Goods Movement Act for the 21st Century Read More »

HSBC survey shows China manufacturing rebound

George Lauriat | September 23, 2013 | International Trade

China's manufacturing activity picked up speed in September, an initial survey by HSBC has shown, adding to signs of a rebound in its economy. Read More »

Rear Admiral Richard E. Bennis awarded for excellence in Maritime Security

George Lauriat | September 23, 2013 | Breakbulk & Projects | International Trade | Liner Shipping | Ports & Terminals

The Coast Guard has introduced the Rear Admiral Richard E.Bennis Awards for Excellence in Maritime Security. Read More »

California adds more jobs; Construction industry leads gains

George Lauriat | September 23, 2013 | International Trade

Beacon reports California added another 29,100 nonfarm payroll jobs in August. Read More »

Arctic sea ice reaches lowest extent for 2013

George Lauriat | September 23, 2013 | Breakbulk & Projects | International Trade | Liner Shipping | Ports & Terminals

On September 13, Arctic sea ice reached its likely minimum extent for 2013. The minimum ice extent was the sixth lowest* in the satellite record. Read More »

Paraguay looks to rejoin Mercosur trade block

AJOT | September 20, 2013 | International Trade

Paraguay's new president expects the country to be fully reintegrated into the South American Mercosur trade block next year. Read More »

Starboard yet to line up alternative bid for Smithfield

AJOT | September 20, 2013 | International Trade

Starboard Value LP is still looking for alternative bid to Chinese firm for Smithfield Foods. Read More »