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ICBC deal shows IBM still engaged in China

Reuters | August 26, 2014 | International Trade

Industrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system, the two companies said, boosting the U.S. technology giant's credentials in the country. Read More »

Heinz recall brings food tracking issue to the fore in China

Reuters | August 26, 2014 | International Trade

The entanglement of H.J. Heinz Co. in China's latest food scare highlights a key concern for international and local firms - how to keep track of ingredients from diverse sources in a country where food supply tracing technologies are far from the norm. Read More »

Roche to buy U.S. biotech firm InterMune for $8.3 billion

Reuters | August 26, 2014 | International Trade

Roche Holding AG has agreed to buy U.S. biotech company InterMune Inc for $8.3 billion in cash, helping the world's leading maker of cancer drugs expand into the treatment of rare or incurable diseases. Read More »

Argentina to appeal WTO ruling on import restrictions

Reuters | August 26, 2014 | International Trade

Argentina will appeal a World Trade Organization ruling against its use of import restrictions, according to a senior Argentine official. Read More »

Russia allows dairy imports from Turkish firms after Western food ban

Reuters | August 26, 2014 | International Trade

Russia has allowed dairy supplies from three Turkish firms, its veterinary and phytosanitary service (VPSS) said, boosting imports after Moscow banned most foods from the European Union and the United States. Read More »

China corruption watchdog investigating executives at Volkswagen JV

Reuters | August 26, 2014 | International Trade

China's corruption watchdog said it is investigating one former and one current executive at Volkswagen AG's Chinese venture, FAW-Volkswagen Automotive Co Ltd, for "seriously violating the law." Read More »

China police seize 30,000 tons of tainted chicken feet

Reuters | August 26, 2014 | International Trade

Chinese police have seized over 30,000 tons of tainted chicken feet, common on restaurant menus in China, in the latest food scandal to hit the country. Read More »

China tells German auto suppliers to find partners

Reuters | August 26, 2014 | International Trade

Three German car parts suppliers have been told by China they can no longer manage their Chinese units independently but need to form partnerships with local peers, the chief executive of auto parts maker ElringKlinger told a German newspaper. Read More »

India regulator fines carmakers $420 million for anti-competitive practices

Reuters | August 26, 2014 | International Trade

India's pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world's sixth largest auto market. Read More »

Nautilus International Holding Corp. and Metro Ports move headquarters

AJOT | August 26, 2014 | Ports & Terminals

Nautilus International Holding Corp., along with its subsidiaries Metro Ports, Metro Cruise Services, Metro Shore Services and Metro Risk Management, is moving from its Wilmington, Calif., headquarters of more than 91 years into a new 40,000 square-foot building on 2.57 acres in Douglas Park in Long Beach, CA. Read More »

Capacity Trucks & LayMor appoint new VP of Sales and Marketing

AJOT | August 26, 2014 | Intermodal | Ports & Terminals

Capacity Trucks and LayMor jointly announce the appointment of David Chickowski as the new Vice President of Sales and Marketing. Read More »

Alexander Global Logistics transports Liebherr Crane to Georgia

AJOT | August 26, 2014 | Breakbulk & Projects

Alexander Global Logistics transports Liebherr Crane to Georgia

Alexander Global Logistics Germany (AGL), a member of the Cargo Equipment Experts CEE network in Germany, moved a Liebherr Crane weighting 49,2 tons - 11,84 m x 3,4 m x 3,4 m in dimensions from The Netherlands to Batumi/Georgia by oceanfreight. Further to the main unit a number of containers went along with this shipment. Read More »

Averitt recognized by Chevron for service and performance

AJOT | August 26, 2014 | Intermodal

Averitt recognized by Chevron for service and performance for the third straight year, Averitt Express has been named a Carrier Recognition Award-winner by Chevron Lubricants. Read More »

China sets up $3.3 billion aviation investment fund

Reuters | August 26, 2014 | Air Cargo

China has set up a 20 billion yuan ($3.25 billion) investment fund to help bolster its fast-growing civil aviation industry, local media said. Read More »

Rising North American plane demand boosts leasing market

Reuters | August 26, 2014 | Air Cargo

A pick-up in North America's aviation market is providing a boost for the leasing industry as demand from Southeast Asian airlines starts to slow, according to the head of BOC Aviation, Asia's second-biggest aircraft lessor. Read More »

Antonov Airlines assigns Bertling as AN-225 sales agent

AJOT | August 26, 2014 | Air Cargo

Antonov Airlines assigns Bertling as AN-225 sales agent

Antonov Airlines has been successfully utilizing unique An-124-100 and An-225 aircraft for over 20 years. An-225 operated by Antonov Airlines has no peers. Read More »

Hamburg Süd Announces Personnel Changes for it’s South Seas Service

AJOT | August 26, 2014 | Liner Shipping

Hamburg Süd Announces  Personnel Changes for it’s South Seas Service

Hamburg Süd North America, Inc. announced today that Alice Marlowe has joined the company as Assistant Vice President responsible for the Pacific Coast - South Seas Service. Read More »

Six Nonprofits Team Up to Fill a 737 with 15,000 Pounds of Medical Supplies

AJOT | August 26, 2014 | Air Cargo

Six Nonprofits Team Up to Fill a 737 with 15,000 Pounds of Medical Supplies

In collaboration with Airlink and Fort Worth-based ATX Air Services, LLC, Direct Relief today loaded a charter jet with emergency supplies bound for health workers on the frontlines of the Ebola epidemic in Liberia. This shipment, which includes several thousand pounds of urgently requested gloves, masks, gowns, and other medical resources, follows five others from Direct Relief to the region. Read More »

Saddle Creek Expands Ecommerce Fulfillment Technology Group

AJOT | August 26, 2014 | Transport Intermediaries

Saddle Creek Logistics Services announced today that the company has hired Jeff Braswell to lead its ecommerce technology practice and direct IT strategies in support of its fast-growing fulfillment business. Read More »

Union workers at U.S. West Coast grain terminals approve contract

Reuters | August 26, 2014 | Ports & Terminals

Union workers who load grain at U.S. West Coast terminals will return to work on Wednesday after ratifying a four-year contract that included work rule changes and wage increases, the union said on Tuesday. Read More »

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