Steel imports increase in January on strength of NAFTA imports

AJOT | March 01, 2011 | International Trade

Steel imports increased in January compared to December by 9.4 percent according to preliminary government data. 'Imports from the NAFTA region jumped by 31.3 percent in January over the final data for December, as suppliers in the region responded quick 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 »

WTO opens China to rare earth challenge

AJOT | March 01, 2011 | International Trade

Confidential World Trade Organization findings on China's export limits on raw materials have boosted the case for a European Union challenge to Chinese export curbs on rare earths, sources say.

"China has export restrictions on raw materials that are Read More »

GM blazes trail of small car exports from China

AJOT | March 01, 2011 | International Trade

Flush from heady sales in the world's largest auto market, foreign car makers now see China as a launch pad for exports, with General Motors (GM) blazing the trail with shipments of its Chevy Sail.

Carrying a Chevrolet badge, Sail is the first model j Read More »

Zepol Corp. names Segner VP of Sales

AJOT | March 01, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company, today announced the appointment of Mark Segner as Vice President of Sales. Segner joins the Zepol management team to lead its Account Executives and play a primary role in developing growth strate Read More »

World factory input costs rising sharply

AJOT | March 01, 2011 | International Trade

Factory input costs leapt across the globe in February, the latest sign of rising inflationary pressures, while U.S. and euro zone manufacturing grew at their fastest pace in years, surveys showed.

British manufacturing also grew strongly, at its fast Read More »

US calls China’s Baidu ‘notorious market’

AJOT | March 01, 2011 | International Trade

The United States again put China's top search engine, Baidu Inc, on its annual list of "notorious markets" for counterfeit and pirated goods, fueling U.S. business community hopes for action in Congress against "rogue websites."

The U.S. Trade Repres Read More »

Fresh Del Monte Q4 skids on lower banana prices

AJOT | March 01, 2011 | International Trade

Lower banana prices and bad weather at Fresh Del Monte Produce Inc's pineapple farms pushed the fruit and vegetable producer's quarterly results below market expectations, sending its shares down 7 percent in pre-market trading.

The company, whose pro Read More »

Emerging markets drive up profits at UK industrials

AJOT | March 01, 2011 | International Trade

Demand for steel and chemicals in resource-hungry emerging markets and a weaker pound helped boost a string of British manufacturing companies, results showed, more than offsetting a tepid domestic market.

Rotork and Cookson Group both cited strong ov Read More »

Global PMI shows factories expanding, prices rising

AJOT | March 01, 2011 | International Trade

Global manufacturing activity expanded at its fastest pace since May 2004 in February and prices rose at their sharpest rate in two-and-a-half years, a survey showed.

The Global Manufacturing PMI, compiled by JP Morgan with research and supply organis Read More »

Lufthansa Cargo confers environmental prize on researchers, customers and staff

AJOT | March 01, 2011 | Air Cargo

Lufthansa Cargo has for the second time conferred its Cargo Climate Care Award at its environmental conference in Frankfurt. The award, worth a total 16,000 euros, went to young researchers, customers and staff for innovative ideas aimed at making airfrei Read More »

Cargoitalia’s Italian ENS first

AJOT | March 01, 2011 | Air Cargo

Cargoitalia is the first airline in Italy to submit the new electronic Entry Summary Declaration (ENS) message - part of the new EU Customs ICS (Import Control System) regime being progressively introduced throughout all EU member states.

The Italian Read More »

Lufthansa Cargo serving new destinations in summer timetable

AJOT | March 01, 2011 | Air Cargo

Lufthansa Cargo is significantly expanding its network in the summer flight schedule. Pending regulatory approval, the cargo carrier in the Lufthansa Group is to operate MD-11 freighter services to the three new destinations of Shenzhen, Kolkata (Calcutta Read More »

Reid assumes ANS post

AJOT | March 01, 2011 | Air Cargo

Sabrina Reid, well-known air cargo figure in the Northwest Pacific market, has taken over direction of sales for Airline Network Services in Portland, Oregon. Read More »

Saudi Airlines Cargo is launch customer for OAG Cargo’s route mapper product

AJOT | March 01, 2011 | Air Cargo

Saudi Airlines Cargo has signed a contract to become the launch customer for OAG Cargo's new Route Mapper product.

The application will help the airline's cargo customers perform a series of essential daily business tasks, such as: Read More »

IATA sees global airline profit halving in 2011

AJOT | March 01, 2011 | Air Cargo

Global airline net profits will halve this year as rising costs, especially oil prices, offset increasing demand, the industry body IATA said.

The result would be a net profit margin this year of only 1.4 percent -- dismissed by IATA Director-General Read More »

Shipco enhances LCL service offering from Australia to the US

AJOT | March 01, 2011 | Liner Shipping

Shipco Transport, one of the world's leading neutral consolidators, has launched a fortnightly direct less-than-container-load service between Adelaide, Australia and Los Angeles, California. The new offering provides a competitive and economical option f Read More »

APL’s 2010 on-time record in Trans-Pacific ’ 95%

AJOT | March 01, 2011 | Liner Shipping

Container shipping leader APL's on-time performance in the all-important Trans-Pacific Trade was 95% last year. In its final report on 2010 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival window just 12 tim Read More »

Container rates may begin to rally in April on box shortages

AJOT | March 01, 2011 | Liner Shipping

The cost to ship goods on container ships could begin to spike as early as April due to an expected shortage of boxes and limited inland transportation capacity, a senior industry executive said.

Soaring oil prices above $110 a barrel have forced vess Read More »

Sea Star Line’s Colman elected to American Bureau of Shipping

AJOT | March 01, 2011 | Liner Shipping

Jim Colman, Assistant Vice President of vessel operations for Jacksonville, Fla.-based Sea Star Line, LLC, has been elected to a five-year term of membership to the American Bureau of Shipping (ABS).

Founded in 1862, ABS serves the marine, offshore an Read More »