AJOT Digital Edition
Issue #587

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Project Cargo / Heavy Lift Bi-Annial

South Carolina Ports

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2014 Media Kit

International Trade

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Premium Article  Not insuring your cargo? Experts advise against it.

Peter Buxbaum | March 13, 2011 | International Trade | Transport Intermediaries

The current global economic climate has found many ocean shippers in a difficult situation. During the recent recession, with profit margins being squeezed, many cargo owners opted to ship their cargo without insurance. Perhaps not the wisest choice, but Read More »

Trade rules to curb foreign subsidies

AJOT | March 13, 2011 | International Trade

The European Union should rely on international trade rules, rather than protectionist tools, to ensure that foreign bids for EU companies are not backed by state aid, the EU's antitrust chief said.

EU Competition Commissioner Joaquin Almunia's commen Read More »

Obama to name Locke as new US ambassador to China

AJOT | March 13, 2011 | International Trade

U.S. President Barack Obama will nominate Commerce Secretary Gary Locke, who this year criticised China for not opening its markets, as next U.S. ambassador to Beijing, two administration officials said.

Locke would be the first Chinese American to se Read More »

FTR Shippers Condition Index remains in low territory

AJOT | March 13, 2011 | International Trade

As reported in the March Issue of FTR's Shippers Update, the firm's Shippers Condition Index (SCI) remained in low territory in February with a value of -5.2. FTR expects the index to fall further as the outlook for capacity shortages worsen in the seaso Read More »

China rare earth accounting change masks export slump

AJOT | March 13, 2011 | International Trade

China's customs authority has changed the way it presents rare earths exports, a Reuters analysis of the figures showed, giving the impression that January's exports were six times bigger than they would have been under the old methodology. Read More »

Zepol reports February containerized imports fall 9.94%

AJOT | March 13, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company,reports that import shipment volume for February, measured in TEUs, decreased 9.94% from January and increased 9.03% over February 2010. The total number of shipments also decreased 11.09% from Jan Read More »

US Food and Drug Administration publishes import refusal data

AJOT | March 03, 2011 | International Trade

The United States Food and Drug Administration ('FDA') recently published a list of every foreign manufacturer that has had a shipment refused entry to the U.S. since October 2001. In the past, FDA listed Import Refusals monthly on its website. The 'Impor Read More »

De Gucht vows will tackle trade barriers abroad

AJOT | March 03, 2011 | International Trade

Europe's top trade negotiator said he will pry open foreign markets to European firms and investors and enforce trade rules, a move critical for the European Union's exit from economic crisis.

Trade Commissioner Karel De Gucht will expose and challeng Read More »

Grain importers build silos as food prices soar

AJOT | March 03, 2011 | International Trade

Major grain importing countries are set to build more storage silos and expand strategic stocks after seeing the role played by record food prices in political upheaval in the Middle East and North Africa.

Egypt, South Korea and Saudi Arabia are among Read More »

Brazil may take EU to WTO in poultry row

AJOT | March 03, 2011 | International Trade

Brazil is gathering data from its business sector to determine if it should sue the European Union at the World Trade Organization over limits on poultry imports, a Brazilian diplomat said.

At issue are rules in force since May that have shut EU marke Read More »

Greek exports surge but don’t pop the champagne

AJOT | March 03, 2011 | International Trade

A surge in exports has given Greece a glimmer of hope in the grim aftermath of its debt crisis, but underlying figures show a lack of competitiveness that is at the root of its problems is not going away.

Exports surged 35 percent in the last quarter Read More »

Yuan rise to play role in big China economic shift

AJOT | March 03, 2011 | International Trade

China is in the early stages of an economic rebalancing act that makes a stronger currency an almost inevitable part of the mix, and a sustained yuan rise may come far sooner than many foreign players are expecting.

Beijing has started taking broad st Read More »

Obama, Mexico’s Calderon seek to ease tensions

AJOT | March 03, 2011 | International Trade

U.S. President Barack Obama and Mexican President Felipe Calderon vowed greater cooperation to combat drugs and arms smuggling and ease trade tensions as they sought to smooth over cross-border differences.

Long-simmering problems between the United S Read More »

Global construction growth to outpace GDP this decade

AJOT | March 03, 2011 | International Trade

Global construction will outpace GDP growth over the next 10 years, with China and India accounting for 38 percent of the $4.8 trillion increase in output by 2020, PricewaterhouseCoopers (PwC) said.

After overtaking the US as the biggest construction Read More »

Ethiopia’s H1 exports increase but miss target

AJOT | March 03, 2011 | International Trade

Ethiopia's exports fell short of target in the first half of its fiscal year when coffee, oil seed and flower sales missed forecasts, trade data obtained by Reuters showed.

The Horn of Africa nation projects it will earn $3 billion in export revenue f Read More »

US manufacturing strongest in nearly 7 years

AJOT | March 01, 2011 | International Trade

The U.S. manufacturing sector grew at its fastest rate in nearly seven years in February, while a gauge of inflation also rose, according to an industry report.

The Institute for Supply Management said its index of national factory activity rose to 61 Read More »

US irked by China’s shrimp duty challenge at WTO

AJOT | March 01, 2011 | International Trade

U.S. trade officials reacted icily to China's decision to challenge U.S. shrimp duties at the World Trade Organization, which they said would complicate efforts to resolve a trade spat involving a number of other U.S. trading partners.

"The United Sta Read More »

McDonald’s pledges more investment in Russia growth

AJOT | March 01, 2011 | International Trade

McDonald's Corp plans to boost investment into expansion of its Russian business this year to increase its foothold in the growing fast food restaurant market amid still sluggish competition.

"We plan to open at least 40 new restaurants this year, and Read More »

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