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Fiat Chrysler exports from Brazil to Mexico after more than 3 years

Reuters | December 16, 2014 | International Trade

Fiat Chrysler Automobiles has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said. Read More »

Euro zone trade surplus rises more than expected in October

Reuters | December 16, 2014 | International Trade

The euro zone's unadjusted trade surplus rose more than expected in October, data showed on Tuesday, thanks to a strong rise in exports and flat imports. Read More »

Italy October global trade surplus rises on exports

Reuters | December 16, 2014 | International Trade

Italy posted a trade surplus with the rest of the world of 5.397 billion euros in October, rising from a surplus of 3.847 billion euros in the same month of 2013 as exports increased, data showed. Read More »

EU’s Russia debate a challenge for top diplomat Mogherini

Reuters | December 16, 2014 | International Trade

Italy's Federica Mogherini pledged as European Union foreign policy chief that the EU would play a stronger role in tackling world crises. Her resolve is about to be tested as the bloc debates whether it is time to mend its relationship with Russia. Read More »

Shipping industry modifies clauses in contracts for Ebola risks

Reuters | December 16, 2014 | Liner Shipping

Some of the shipping industry's biggest trade associations are modifying freight contracts to reduce commercial exposure for companies whose ships travel to countries affected by the Ebola outbreak and to protect crews from the deadly virus. Read More »

CMB diversifies into container shipping

AJOT | December 16, 2014 | Liner Shipping

The Board of Directors of CMB approved the acquisition of the fleet of containerships of Delphis. Delphis is a fully-owned subsidiary of SAVERCO, one of CMB’s reference shareholders. Read More »

China’s CRCC plans $1.6 billion share placement for rail projects

Reuters | December 16, 2014 | Intermodal | Rail

China Railway Construction Corp (CRCC) plans to privately place shares to raise as much as 9.9 billion yuan ($1.6 billion) to invest in domestic rail and tram projects, it said in a prospectus. Read More »

Tiger Cool Express appoints Shurstad as VC

AJOT | December 16, 2014 | Intermodal | Rail

Thomas L. Finkbiner, CEO of Tiger Cool Express, has announced the appointment of C. Thomas Shurstad to the new role of Vice Chairman of the Board of Directors for Tiger Cool Express LLC, the trans-continental temperature controlled intermodal transporter of produce and fresh products. Read More »

CSX creates opportunities for increased cross-border trade with new intermodal terminal In Montreal

PR Newswire | December 16, 2014 | Intermodal | Rail

CSX creates opportunities for increased cross-border trade with new intermodal terminal In Montreal

The facility expands CSX’s intermodal network capacity and offers Canadian customers domestic and international service that connects with the railroad’s 21,000 mile network in the United States. Read More »

AgTC: West Coast Negotiations Progress

AJOT | December 16, 2014 | Ports & Terminals

There are reports that the ILWU and the PMA are passing proposals back and forth. It is cumbersome because the ILWU brought 90 of their officers to San Francisco to "caucus". Read More »

CSL St-Laurent Sets Sail on Maiden Voyage, Completing CSL’s Trillium Class Newbuild Program

PR Newswire | December 16, 2014 | Breakbulk & Projects | Breakbulk

MONTREAL, Dec. 16, 2014 /CNW Telbec/ - The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island, China, en route to Canada where she is set to operate throughout the Great Lakes and St. Lawrence River.

Read More »

Captain, officer of Kuwaiti ship detained after deadly collision

Reuters | December 16, 2014 | Liner Shipping

The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians, a public prosecutor said on Tuesday. Read More »

Kuwaiti ship, Egyptian fishing boat, collide in Red Sea, killing 13

Reuters | December 16, 2014 | Liner Shipping | Ports & Terminals

Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians. Read More »

Hundreds of packages spill out onto NJ highway after FedEx crash (Video)

AJOT | December 16, 2014 | Intermodal | Road

A FedEx truck flips on a New Jersey highway scattering hundreds of packages all over the road. Rough Cut (no reporter narration). Read More »

McDonald’s Japan rations fries as U.S. West Coast port dispute drags on

Reuters | December 15, 2014 | Liner Shipping

McDonald’s Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports. Read More »

EU-US trade deal the ideal 2015 Christmas gift

Reuters | December 15, 2014 | International Trade

An ambitious trade deal between Europe and the United States should be finished by the end of next year, a senior German official was quoted as saying. Read More »

US distillers’ grains trade shrugs off Turkish rejections

Reuters | December 15, 2014 | International Trade

Rejections of U.S. distillers' dried grain (DDGs) shipments, first by China and then by Turkey, are isolated events and not a sign of broader trade disruptions to come, U.S. traders and industry sources said. Read More »

China says US appropriations bill violates rules, sends bad signal

Reuters | December 15, 2014 | International Trade

China is unhappy with the U.S. spending bill passed by the House of Representatives last week, saying it contains discriminatory clauses that violate the rules of fair trade and "send the wrong signal". Read More »

Green Mountain moves coffee buying to Switzerland, following rivals

Reuters | December 15, 2014 | International Trade

Vermont-based coffee roaster and brewing technology maker Keurig Green Mountain will move most of its U.S. coffee buying operation to Switzerland, following rivals who have already moved to the global hub for commodities trading. Read More »

Businesses look for investment pledge at US-China trade talks

Reuters | December 15, 2014 | International Trade

U.S. businesses are hoping for a pledge from American and Chinese officials at talks in Chicago next week to move ahead quickly on a planned investment pact between the two countries. Read More »

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