US lawmakers grill Geithner on China currency stance

AJOT | September 19, 2010 | International Trade

Treasury Secretary Timothy Geithner sought to convince skeptical U.S. he was taking a tougher line on China's currency and trade policies, but Beijing warned that pressure from Washington could backfire.

Striking his sharpest tone yet in what Read More »

Geithner’s testimony on China’s currency

AJOT | September 19, 2010 | International Trade

The following are highlights from U.S. Treasury Secretary Timothy Geithner's testimony on China's currency regime, which was released and prepared for delivery to the Senate Banking Committee. Read More »

Dell expands into western China, plans base by 2011

AJOT | September 19, 2010 | International Trade

Dell Inc plans to open a second production base in China as part of a spending spree it said could top $100 billion in 10 years, expanding into the country's less-developed but rapidly growing western region.

Dell's new manufacturing and sale Read More »

EU exec proposes agri-food trade deal with Morocco

AJOT | September 19, 2010 | International Trade

The European Union's executive arm proposed a new trade deal with, designed to extend duty-free trade in agricultural, food and fisheries goods between the kingdom and the 27-nation bloc.

The agreement -- negotiated at the end of 2009 -- woul Read More »

EU leaders agree on trade but clash over Roma

AJOT | September 19, 2010 | International Trade

The European Union agreed to sign a free-trade pact with South Korea and grant Pakistan trade concessions after floods, but a row over France's deportation of Roma migrants marred a one-day summit. Read More »

Ford expects to outgrow China market this year

AJOT | September 19, 2010 | International Trade

Ford Motor Co expects its sales in China to outpace growth in Chinese car market this year as it expands its dealer network, the company's local sales chief said.

Ford, which competes with Toyota Motor and others in the world's largest auto m Read More »

WTO hands over confidential report on Boeing aid

AJOT | September 19, 2010 | International Trade

The World Trade Organization delivered an interim ruling into the legality of U.S. government support for Boeing which will help determine the outcome of a trans-Atlantic aerospace industry row. Read More »

Boeing CEO heartened by WTO ruling on subsidies

AJOT | September 19, 2010 | International Trade

Boeing Co CEO Jim McNerney said he was heartened by a World Trade Organization ruling on aircraft subsidies, saying it appeared the findings against his company were not as severe as those against Europe.
A Geneva trade panel issued a confidential Read More »

EU wants talks with U.S. over Boeing

AJOT | September 19, 2010 | International Trade

European Union Trade Commissioner Karel De Gucht the only way to resolve a dispute over U.S. government subsidies to Boeing was to reach "a negotiated settlement."
The EU said it had won a dispute against the subsidies for Boeing that it hoped woul Read More »

Coyne Airways steps up Afghanistan presence with launch of new Boeing 747-400 freighter

AJOT | September 19, 2010 | Air Cargo

Coyne Airways is stepping up its cargo services to Afghanistan with the introduction of a weekly Boeing 747-400 freighter service from Dubai to Bagram.

The Tuesday service commenced on September 14th and is supplemented by an IL-76 freighter Read More »

Turkey’s Atlasjet to venture into Russian aviation

AJOT | September 19, 2010 | Air Cargo

Atlasjet, an unlisted discount Turkish airline, said it was investing $110 million to form a company in the Russian aviation sector. Read More »

Air France-KLM Cargo & Martinair Cargo offer freighter flights from Amsterdam to Shanghai via Moscow

AJOT | September 19, 2010 | Air Cargo

As of September 16, 2010, AF-KL Cargo & Martinair Cargo will operate a twice weekly Boeing 747-400 ERF flight between Amsterdam-Schiphol and Shanghai-Pu Dong via Moscow, operated on Thursdays and Saturdays. Read More »

Asiana Airlines’ inaugural flight to Hartsfield-Jackson brings cargo, jobs

AJOT | September 19, 2010 | Air Cargo

Hartsfield-Jackson Atlanta International Airport's newest cargo carrier arrived last week as an Asiana Airlines 747-400 touched down to a traditional water cannon salute.

City of Atlanta Mayor Kasim Reed, Airport interim General Manager Robert Kennedy Read More »

Recorders from UPS plane crash in Dubai sent to US

AJOT | September 19, 2010 | Air Cargo

The data and voice recorders from a Boeing 747-400 plane operated by U.S. parcel delivery firm UPS that crashed in Dubai this month have been sent to the United States for analysis, the UAE state news agency said.

Two crew members died when t Read More »

Paris becomes seventh European city in AirBridgeCargo’s network

AJOT | September 19, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC), the scheduled cargo business of Volga-Dnepr Group, has launched a twice-weekly all-cargo service to Paris Charles de Gaulle.

The new Boeing 747 route will link with both Domodedovo and Sheremetyevo Airports in M Read More »

IL-76TD-90VD completes transportation of 34-ton metellic roll from Finland to China

AJOT | September 19, 2010 | Air Cargo

Oy Procargo - Professional Cargo Care in Finland and Ocean Knight Shipping in Shanghai chartered one of Volga-Dnepr Airlines' new IL-76TD-90VD freighters to transport a 34-ton metallic roll and equipment to a paper factory in China.
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Korean Air praised by CA Governor Schwardzenegger

AJOT | September 19, 2010 | Air Cargo

Gov. Arnold Schwarzenegger met with Korean Air Chairman Y.H. Cho here recently to personally thank the Chairman for Korean Air's ongoing commitment and investments in California.

The Governor also offered his office's assistance to help cut ' Read More »

INTTRA and Descartes announce alliance to improve global ocean shipping process

AJOT | September 19, 2010 | Liner Shipping

INTTRA, a leading provider of e-commerce solutions for the ocean freight industry, and The Descartes Systems Group Inc, a federated global logistics network, announced an alliance to enhance international ocean shipping processes and capabilities availabl Read More »

Sea Star Line reorganizes to better serve the market

AJOT | September 19, 2010 | Liner Shipping

Sea Star Line reorganizes to better serve its market. Carl Fox, Senior Vice President of Commercial announced that the organization will be realigned to better position Sea Star for future growth. Read More »

Matson launches expanded China ’ Long Beach Express

AJOT | September 19, 2010 | Liner Shipping

Matson launched its expanded China ' Long Beach Express service this week, with the first departures from Hong Kong and Yantian and a new second weekly call at Shanghai. The new weekly service allows Matson to extend its geographic reach to the South Chi Read More »