US unions urge Congress to pass China currency bill

AJOT | July 14, 2010 | International Trade

The largest U.S. labor group urged Congress to pass legislation to fight China's currency practices, a day after the Obama administration again declined to label Beijing a currency manipulator.

The United States should also keep other options Read More »

Russia sees $1.5 -$2 billion meat exports by 2020

AJOT | July 14, 2010 | International Trade

Major meat buyer Russia should increase domestic breeding to be able to export $1.5 billion-$2.0 billion worth of poultry meat and pork by 2020, Agriculture Minister Yelena Skrynnik said. Read More »

India pest attack seen hitting tea exports

AJOT | July 14, 2010 | International Trade

Tea output in India, the world's second biggest producer, is likely to fall in 2010/11 on adverse weather and a pest attack in the biggest growing area, which will hurt quality exports, a senior official said.

"Excessive rains and a pest atta Read More »

Singapore ups GDP, trade forecasts on strong Q2

AJOT | July 14, 2010 | International Trade

Singapore raised its economic growth and exports forecast for the year as second quarter gross domestic product (GDP) and June trade data came in above forecast. Read More »

The air/sea divide in global trade

AJOT | July 14, 2010 | International Trade

An interesting contrast is shaping up in global trade, where some indicators of the movement of raw materials are crashing even as exports from China and air traffic continue to show outstanding strength.

Depending on your reading of the data Read More »

India says committed to WTO talks, logjam must end

AJOT | July 14, 2010 | International Trade

India remains committed to the long-delayed Doha round of global trade talks and does not believe that bilateral and regional trade deals will affect the multilateral process, its trade minister said.

Anand Sharma told Reuters in an interview Read More »

Raymond James upgrades CN Rail to outperform

AJOT | July 14, 2010 | Air Cargo

Raymond James upgraded Canadian National Railway to "outperform" from "market perform," and said the Canadian railroad outlook continues to look bright. Read More »

Big warehouse blaze at UK’s Heathrow, flights normal

AJOT | July 14, 2010 | Air Cargo

A fire engulfed a warehouse used by Emirates Airline at Heathrow Airport outside London last week, a fire brigade spokesman said, but flights from the busy British international air hub were not affected. Read More »

New Nairobi handler picks Carroll to head up sales

AJOT | July 14, 2010 | Air Cargo

Transglobal Cargo Centre Ltd ' the major new on-airport perishables handler at Kenya's Nairobi Airport ' has appointed Mark Carroll as its General Manager ' Sales & Marketing

Carroll has spent his entire 27-year career in the freight Read More »

Lufthansa CFO says cargo is absolutely booming

AJOT | July 14, 2010 | Air Cargo

Lufthansa's cargo business is benefitting from rising demand for goods in China and growing appetite worldwide for Chinese goods, the airline's finance chief said.

"The cargo business is currently absolutely booming. For the first time in ove Read More »

Air France-KLM settles cargo price-fixing claims

AJOT | July 14, 2010 | Air Cargo

Air France-KLM said it had agreed to pay $87 million to settle civil anti-trust claims in the United States over an alleged price-fixing conspiracy in the air cargo business.

The deal affects claims against three group airlines -- Air France, Read More »

CMA CGM christens world’s largest French-flagged containership

AJOT | July 14, 2010 | Liner Shipping

CMA CGM Group, the world's third largest container shipping company and the French market leader announced the christening of its flagship, the 13,800-TEU* CMA CGM Christophe Colomb, at Terminal de France, Port 2000, in Le Havre by its godmother, C Read More »

CMA CGM and APM Terminals sign agreements in Dunkirk, France and Alabama

AJOT | July 14, 2010 | Liner Shipping

CMA CGM and APM Terminals announced new terminal agreements in Dunkirk, Northern France and Mobile, Alabama. Read More »

MOL selects Descartes for European Import Control System (ICS)

AJOT | July 14, 2010 | Liner Shipping

Descartes Systems Group, a federated global network logistics solutions provider, announced that MOL, a leading multi-modal transport company, has selected Descartes to help manage its container division's European Union (EU) Import Control System (ICS) c Read More »

CMA CGM extends its Black Pearl Service to Latin America

AJOT | July 14, 2010 | Liner Shipping

The CMA CGM Group announced the introduction of two new calls in Cartagena (Colombia) and Puerto Cabello (Venezuela) on its BLACK PEARL service linking North America to Jamaica (Kingston).
Effective from July 16th on a weekly basis, these new calls Read More »

Premium Article  China: paper exporting giant

Peter Buxbaum | July 11, 2010 | International Trade

Industry grows thanks to government subsidies, report says
China has emerged in recent years as a global leader in paper production. In 2008, is overtook the United States to become the world’s number one producer of paper and paper products Read More »

Premium Article  Port of Longview experiences increased volume for logs

Leo Quigley | July 11, 2010 | Breakbulk & Projects | International Trade | Ports & Terminals

The demand for raw logs and lumber by China has driven up volumes at most West Coast ports and the Port of Longview, located on the Columbia River, is no exception.

By Leo Quigley, AJOT Read More »

Premium Article  Housing and wood products: twin industries in the economic doldrums

Peter Buxbaum | July 11, 2010 | International Trade

But the longer-term looks brighter
As the housing market goes, so goes the wood products industry. Housing, both new construction and existing units, make up about 50 percent of wood product sales.

By Peter A. Buxbaum, AJO Read More »

Premium Article  Canadian lumber, pulp on upswing finally

Leo Quigley | July 11, 2010 | International Trade | Ports & Terminals

The dramatic slump in housing starts in the U.S. with the collapse of Wall Street had a major impact on British Columbia’s lumber industry and dozens of communities built on forestry and the forest industry.

By Leo Quigley, AJOT Read More »

Premium Article  Despite spill, Gulf Coast is hot for exporting “green” wood products

Karen Thuermer | July 11, 2010 | Breakbulk & Projects | International Trade

These days everyone is thinking green, and for seaports that handle “green” products such as wood pellets, this is good news. With more countries adopting green carbon neutral policies, the demand of biomass products is on the increase. That’s because the Read More »