German industrial plant makers see flat or lower 2015 demand

Reuters | March 23, 2015 | International Trade

German manufacturers of large industrial plants expect demand to remain stable at best in 2015 due to muted growth prospects in core markets such as Brazil, China and Russia. Read More »

Siemens uses VOLGA-DNEPR For door-to-door delivery of 50-ton rotor

AJOT | March 20, 2015 | Air Cargo

Siemens, the global technology powerhouse, is the latest business to utilise the door-to-door expertise of Volga-Dnepr Group’s Engineering & Logistics Centre (ELC) to manage the movement of a 50-ton rotor to Mumbai, India, under the international framework agreement between the two companies. Read More »

Wallenius Wilhelmsen Logistics earns recognition as John Deere “Partner-level Supplier”

AJOT | March 20, 2015 | Liner Shipping

Wallenius Wilhelmsen Logistics has earned recognition as a Partner-level supplier for 2014 in the John Deere Achieving Excellence Program. Read More »

DHL honored at 2015 Stevie Awards for excellence in international sales and customer service

AJOT | March 20, 2015 | Transport Intermediaries

DHL has captured prestigious gold, silver and bronze awards for outstanding achievement in sales and customer service in the 2015 Stevie Awards competition. Read More »

ATA Urges Congress to Back Bipartisan Hair Testing Legislation

AJOT | March 20, 2015 | Intermodal | Road

American Trucking Associations asked lawmakers to support bipartisan legislation introduced Thursday that would allow trucking companies to use a highly effective tool, hair testing, to meet federal requirements and prevent drug users from getting behind the wheel of trucks. Read More »

Diana Containerships Inc. Announces Agreement to Acquire Two Panamax Container Vessels

GlobeNewswire | March 20, 2015 | Liner Shipping

Diana Containerships Inc. announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated third party two Panamax container vessels, the m/v YM Los Angeles and the m/v YM New Jersey. Read More »

JP’s premier Jamaican trade: coffee

Karen Thuermer | March 20, 2015 | International Trade

While Jamaica Producers (JP) has its roots in the banana trade and diversified into a wide host of businesses, coffee remains an important commodity for the company. Read More »

SE Asia Stocks - Major markets retreat; Thai VAT rate plan lifts retailers

Reuters | March 20, 2015 | International Trade

Most major Southeast Asian stock markets fell on Friday as investors booked profits a day after a rally on easing concerns about an imminent Fed rate hike, but Thai retailers outperformed after a plan to maintain the value-added tax rate. Read More »

Asia - North Europe container freight rates drops 12.4%

Reuters | March 20, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 12.4 percent to $620 per 20-foot container (TEU) in the week ended on Friday Read More »

Asia Tankers-Ample tonnage, few cargoes weigh on VLCC rates

Reuters | March 20, 2015 | Energy | Maritime | Liner Shipping

Rates for very large crude carriers (VLCCs) on key Asian routes will face further pressure next week even as owners resist attempts to push rates lower, brokers said. Read More »

‘Huge amounts’ of beef going to China despite ban according to U.S. official

Reuters | March 19, 2015 | International Trade

“Huge amounts” of American beef are bypassing China’s import bans, a top U.S. trade official said this week, even as the Chinese government cracks down on agricultural smuggling. Read More »

Global push aims to change China’s mind on bank rules

Reuters | March 19, 2015 | International Trade

The United States has joined forces with Japan and the European Union to pressure China on new bank cybersecurity rules that have upset foreign companies, a senior U.S. official said. Read More »

Nucor cuts profit forecast as imports hurt steel prices

Reuters | March 19, 2015 | International Trade

Nucor Corp, the No.1 U.S. steelmaker, cut its profit forecast for the first quarter, saying higher imports were hurting steel prices. Read More »

Brazil ships ethanol to US, as weak real hits trading

Reuters | March 19, 2015 | International Trade

Royal Dutch Shell Plc has booked a large cargo of Brazilian ethanol to the United States, the strongest sign yet that currency swings, hefty oversupply and weak prices in the world's biggest producers are roiling trade flows, sources said. Read More »

US, New Zealand launch challenge to Indonesian import barriers

Reuters | March 19, 2015 | International Trade

The United States and New Zealand challenged Indonesia's import restrictions on food and other farm products, saying barriers to goods ranging from potatoes to poultry breached international trade obligations. Read More »

EU seeks solution to keep arbitration in US trade deal

Reuters | March 19, 2015 | International Trade

The EU's trade chief sought to overcome one of the biggest disputes blocking an accord with the United States, offering to radically change the way companies would resolve conflicts in transatlantic business. Read More »

Starbucks partners drinks maker Tingyi to expand in China

Reuters | March 19, 2015 | International Trade

Starbucks Corp will partner Taiwanese drinks maker Tingyi Holding Corp to produce and sell ready-to-drink (RTD) beverages in China, becoming the latest global firm to latch on to a local peer to expand in the tricky market. Read More »

Microsoft tackles China piracy with free upgrade to Windows 10

Reuters | March 19, 2015 | International Trade

Microsoft Corp is making its biggest push into the heavily pirated Chinese consumer computing market this summer by offering free upgrades to Windows 10 to all Windows users, regardless of whether they are running genuine copies of the software. Read More »

Falling imports boost euro zone trade surplus in January

Reuters | March 19, 2015 | International Trade

Euro zone imports dropped year-on-year in January while exports remained flat, boosting the single currency area's trade surplus, data from the European Union's statistics office showed. Read More »

China imposes new restrictions on Norwegian salmon

Reuters | March 19, 2015 | International Trade

China will impose new restrictions on imports of Norwegian salmon from March 23 due to worries about disease, the Norwegian Food Safety Authority said. Read More »