Brazil’s BRF says truck strike complicating food exports

Reuters | February 27, 2015 | Ports & Terminals | Ports | Dry Bulk Port

A truck strike in Brazil that is now in its 10th day has made the completion of food export orders difficult for BRF SA, the world’s largest chicken exporter, Chairman Abilio Diniz said on Friday. Read More »

Asia-Europe container freight rates fell 6.5%

Reuters | February 27, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5% to $938 per TEU in the week ended Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Lithuania looks to U.S. for gas imports

Reuters | February 27, 2015 | Energy | International Trade

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation’s dependence on Russia. Read More »

Golden Ocean posts Q4 net loss hit by impairments

Reuters | February 27, 2015 | Breakbulk & Projects | Breakbulk

Dry bulk shipping firm Golden Ocean posted a wider fourth-quarter net loss than expected hit by impairments, and said the weak market conditions would continue to affect its earnings. Read More »

Port of Houston Authority Extends String of ISO 14001 Certifications

GlobeNewswire | February 26, 2015 | Ports & Terminals | Ports

The Port of Houston Authority has successfully completed its tri-annual certification process for ISO 14001 EMS. Read More »

Truckers carry on Brazil strike despite government offers, threats

Reuters | February 26, 2015 | Ports & Terminals | Ports

Brazilian truckers continued a nine-day-old strike on Thursday, unmoved by an initial government offer to meet some of their demands or by threats of hefty fines. Read More »

US Senate finance committee postpones hearing on trade

Reuters | February 26, 2015 | International Trade

A key U.S. Senate committee postponed a hearing on trade and its chairman said talks on the final form of a bill to streamline the passage of trade deals through Congress were ongoing. Read More »

US lawmakers battle over currency in trade deals

Reuters | February 26, 2015 | International Trade

U.S. lawmakers are drafting battle plans to punish foreign rivals accused of currency manipulation but a growing chorus of critics argue the battle is already won and warn the push may derail a massive trade pact. Read More »

GM to shut plant, cut jobs in Indonesia, where Japanese dominate

Reuters | February 26, 2015 | International Trade

General Motors will stop making GM-branded cars in Indonesia, a battleground for global automakers, closing an assembly plant, axing some 500 jobs and shifting its focus to sport utility vehicles (SUVs). Read More »

Strike ends at General Motors plant in Brazil

Reuters | February 26, 2015 | International Trade

Workers at General Motors Co's Brazilian car factory ended a six-day strike on Thursday after the company agreed to drop plans to lay off 800 employees, the union said. Read More »

New Zealand says deal on Pacific trade pact needed by mid-year

Reuters | February 26, 2015 | International Trade

A trade deal being negotiated by 12 Pacific Rim nations has reached the endgame, but must be agreed by the middle of the year or face being overtaken by U.S. domestic politics, New Zealand's trade minister said. Read More »

Chinese rivals snap at Alibaba’s heels in cross-border e-commerce race

Reuters | February 26, 2015 | International Trade

A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers' fears about the quality and safety of local everyday goods. Read More »

China drops leading tech brands for state purchases

Reuters | February 26, 2015 | International Trade

China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Read More »

EU requests WTO dispute panel over Russian import duties

Reuters | February 26, 2015 | International Trade

The European Union said it was escalating a dispute with Russia at the World Trade Organization over what it said were excessive import duties on paper products, refrigerators and palm oil. Read More »

West’s offer to rebuild Ukraine faces reality check

Reuters | February 26, 2015 | International Trade

Western powers are preparing what they say may be their most potent weapon against Moscow's interference in Ukraine - a multi billion dollar aid package to rebuild a near-bankrupt state and realize the European dream cherished by many Ukrainians. Read More »

Mexico factory exports slump in January

Reuters | February 26, 2015 | International Trade

Mexican factory-made exports sank in January, data showed, while consumer imports remained flat in a sign that a sluggish economy may struggle to gain pace early this year. Read More »

Brazil seeks to extend auto quota with Mexico for up to 5 years

Reuters | February 26, 2015 | International Trade

The Brazilian government wants to extend a restrictive auto quota with Mexico for up to five years, sources close to the negotiations said. Read More »

Brazil’s main port of Santos reopened on truck strike’s 8th day

Reuters | February 26, 2015 | Ports & Terminals

Brazilian police dispersed striking truckers to reopen access to the country's main port of Santos but the protesters' stoppage still gripped a broad swathe of the nation where most farming and industry are concentrated. Read More »

JAXPORT welcomes all-new 2015 Jeep Renegade

AJOT | February 26, 2015 | Liner Shipping | Ports & Terminals

FCA US LLC has selected JAXPORT to import its all-new 2015 Jeep® Renegade, the first Jeep ever to be built exclusively outside of the United States. AMPORTS will handle vehicle processing at JAXPORT’s Blount Island Marine Terminal and the SUVs will be shipped via Grimaldi Lines. Read More »

Commodities shipping crisis adds to loan woes for Greek banks

Reuters | February 26, 2015 | Breakbulk & Projects | Breakbulk

The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner clients, particularly the smaller companies. Read More »