Chris Christie comes out against fast track, joins 6 other GOP presidential aspirants

AJOT | May 19, 2015 | International Trade

Americans for Limited Government President Rick Manning today issued the following statement urging Senate Republicans to reconsider their support of granting trade promotion authority to President Barack Obama Read More »

TIA Supports Paralyzed Veterans as Memorial Day Nears

AJOT Administrator | May 19, 2015 | Transport Intermediaries

Transportation Intermediaries Association (TIA) is honored to have the opportunity to once again sponsor the 2015 Paralyzed Veterans Golf Open (PVGO) being held Monday, May 18. Read More »

Long Beach Cargo Continues Rebound

AJOT | May 19, 2015 | Ports & Terminals | Ports | Container Port

Container cargo flow through the Port of Long Beach increased 7.9 percent in April compared to the same month last year, leading to the busiest April in nine years. Read More »

BP, Sinopec start Singapore-based bunker fuel joint venture

Reuters | May 19, 2015 | Liner Shipping

British oil major BP and China’s Sinopec Fuel Oil are starting a Singapore-based joint venture in ship fuel storage and sales, BP said in a statement on Tuesday. Read More »

Iran uses maritime confrontations to project power in Gulf

Reuters | May 19, 2015 | Liner Shipping

Iran is using its sea power in the Gulf to show it will not be cowed by Washington’s newly assertive Arab allies, prompting critics to accuse Tehran of destabilising the region. Read More »

Soaring L.A. jet prices attract Asian imports

Reuters | May 18, 2015 | Air Cargo

Wholesale jet fuel prices in the Los Angeles market remained high on Monday due to maintenance issues at refineries along the West Coast, prompting shipments from Korea and Japan that are expected to arrive in early June, traders said on Monday. Read More »

Waiting for Joko: Indonesia’s infrastructure inertia stalls builders

Reuters | May 18, 2015 | Breakbulk & Projects | Projects

For Indonesia’s second-largest state construction firm PT Wijaya Karya Tbk, the half-year since President Joko “Jokowi” Widodo took office with promises of a massive infrastructure push has been as much about waiting as it has been about building. Read More »

Alibaba sued in US by luxury brands over counterfeit goods

Reuters | May 18, 2015 | International Trade

A group of luxury goods makers sued Alibaba Group Holding Ltd on Friday, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world. Read More »

Republicans claim enough votes to pass fast-track trade bill

Reuters | May 18, 2015 | International Trade

Top Republicans predicted that both chambers of Congress would muster the votes to pass the "fast-track" authority sought by President Barack Obama to negotiate major trade deals, despite opposition from Obama's fellow Democrats. Read More »

Russian steelmakers risk losing export markets to Chinese rivals

Reuters | May 18, 2015 | International Trade

Russian steelmakers are stepping up exports to compensate for a fall in a domestic demand, but with European and U.S. protectionism fueling market competition, analysts say they risk losing sales to Chinese rivals. Read More »

Singapore April exports better than expected but US, China weakness weigh

Reuters | May 18, 2015 | International Trade

Singapore's annual exports unexpectedly rose in April from a year earlier on strong demand from Europe, but weakness in shipments to the United States and China underscored the uncertainties facing Asia's trade-reliant economies. Read More »

Export fall means 3 percent GDP growth ‘a challenge’ for Thailand

Reuters | May 18, 2015 | International Trade

An economic growth rate of three percent for Thailand this year will be a challenge, the country's central bank governor said on Friday, indicating Southeast Asia's second-largest economy would expand well below the rate forecast by the government. Read More »

South Korea exporters to China should target consumer goods

Reuters | May 18, 2015 | International Trade

South Korea's finance minister urged exporters to China to make a strategic shift to focus on consumer goods and move away from raw materials and intermediate goods, that currently account for a major part of sales to South Korea's biggest export market. Read More »

Mozart-loving chickens may answer quest for healthier nugget

Reuters | May 18, 2015 | International Trade

In barns filled with classical music and lighting that changes to match the hues outside, rows of chickens are fed a diet rich in probiotics, a regimen designed to remove the need for the drugs and chemicals that have tainted the global food chain. Read More »

Taiwan says tighter controls on Japanese food imports temporary

Reuters | May 18, 2015 | International Trade

Tighter controls imposed by Taiwan on Japanese food imports would be temporary and were aimed at uncovering the mislabeling of goods from regions hit by the 2011 Fukushima nuclear disaster, Taiwan's president. Read More »

Tesoro building crude railcars stronger than new US rules require

Reuters | May 18, 2015 | Intermodal | Rail

U.S. refiner Tesoro Corp has ordered new crude oil railcars with features that surpass safety standards that federal regulators set this month, executives told Reuters. Read More »

New open-ended strike to hit German railways this week, union says

Reuters | May 18, 2015 | Intermodal | Rail

German train drivers' union GDL announced its ninth strike in an ongoing dispute with railway operator Deutsche Bahn which will stop freight trains from Tuesday and passenger trains from Wednesday - with no date given for the strike to end. Read More »

JD.com in online pharmacy tie-up with Shanghai Pharma

Reuters | May 18, 2015 | Intermodal

Chinese e-commerce giant JD.com Inc has tied up with leading Chinese drugmaker Shanghai Pharmaceuticals Holding Co Ltd to develop its online healthcare business, the drugmaker said in a filing. Read More »

Calendar short as U.S. Congress weighs trade, spying, roads

Reuters | May 18, 2015 | International Trade

With just five days left before a holiday break, the U.S. Congress on Monday was preparing to deal with urgent decisions on Pacific Rim trade, domestic spying rules and financing road projects. Here are major bills under debate before the 10-day Memorial Day recess: Read More »

Protesters gather in Seattle to block access to Shell oil rig

Reuters | May 18, 2015 | Energy | Discovery

About 200 protesters gathered at the Port of Seattle on Monday to block access to a Royal Dutch Shell drilling rig headed for the Arctic this summer to resume exploration for oil and gas reserves. Read More »