Russia-led customs bloc to adopt WTO health norms

AJOT | October 17, 2011 | International Trade

A three-nation customs union led by Russia will adopt food safety rules on Tuesday that comply with the rules of the World Trade Organisation, Russian Prime Minister Vladimir Putin said. Read More »

Obama, South Korea’s Lee hail trade pact as jobs creator

AJOT | October 17, 2011 | International Trade

President Barack Obama and South Korean President Lee Myung-bak hailed a long-sought trade deal as an engine for job creation in both countries as their White House summit got under way. Read More »

Obama to challenge China on trade as election nears

AJOT | October 17, 2011 | International Trade

The Obama administration, under fire for not taking a harder line on China over its currency, appears set to move against the Asia export powerhouse on other fronts as next year's U.S. elections approach. Read More »

Japan PM says free trade deals needed for growth

AJOT | October 17, 2011 | International Trade

Prime Minister Yoshihiko Noda said that Japan needs free-trade deals in order to tap the dynamic Asia-Pacific region to bolster growth, a fresh signal that he is leaning toward a contentious decision to take part in a U.S.-led initiative. Read More »

Japan and South Korea warn Brazil on imported cars tax

AJOT | October 17, 2011 | International Trade

Japan and South Korea fired a warning shot at Brazil's treatment of foreign carmakers by raising the tax issue at a committee of the World Trade Organization, a trade official with knowledge of the complaint said on Friday. Read More »

Indonesia lowers 2012 export growth forecast over global woes

AJOT | October 17, 2011 | International Trade

Indonesia will lower its 2012 export growth outlook to between 10-15 percent versus a previous 15-20 percent due to global economic uncertainties, the country's trade minister said. Read More »

Global woes weigh on major China export fair

AJOT | October 17, 2011 | International Trade

Exporters at China's largest trade show, the Canton Fair, say a darkening economic outlook in Europe and the United States is weighing on orders for Chinese-made goods from Western buyers, potentially boding ill for China's growth prospects. Read More »

Clinton: US must learn from BRICs in economic arena

AJOT | October 17, 2011 | International Trade

The United States should learn from emerging powers such as India and Brazil and make its economic interests central to its foreign policy to remain a global leader, U.S. Secretary of State Hillary Clinton said. Read More »

China trade surplus shrinks as global woes deepen

AJOT | October 17, 2011 | International Trade

China's trade surplus narrowed for a second straight month in September to $14.5 billion, with both imports and exports lower than expected, reflecting global economic weakness and domestic cooling that will deepen policy quandaries facing Beijing. Read More »

China must address

AJOT | October 17, 2011 | International Trade

The EU's top trade official called on Beijing to address European companies' fear of "retaliation" if they speak up about unfair Chinese business practices. Read More »

China business group to rethink US investments after FX bill

AJOT | October 17, 2011 | International Trade

China's largest business group said on Thursday that it would rethink the investment environment in the United States after the U.S. Senate approved a controversial bill aimed at making Beijing lift the value of the yuan. Read More »

Port of Seattle celebrates arrival of Boeing 747-8 freighter with Cargolux

AJOT | October 17, 2011 | Air Cargo

The Port of Seattle joins long-time air cargo customer Cargolux to celebrated the arrival and debut cargo loading of the first Boeing 747-8 Freighter at Seattle-Tacoma International Airport. Read More »

Czech Airlines awards GSA contract in Germany to Aero Cargo

AJOT | October 17, 2011 | Air Cargo

Czech Airlines has extended its cargo GSA relationship with ECS Group by appointing Aero Cargo as its new partner in Germany. Read More »

China raps EU carbon law as it takes 1st superjumbo

AJOT | October 17, 2011 | Air Cargo

China's largest airline by fleet size kept up pressure on the European Union over carbon trading rules as it took delivery of the country's first European A380 superjumbo. Read More »

Cathay Pacific says September cargo traffic down 10%

AJOT | October 17, 2011 | Air Cargo

Cathay Pacific Airways Ltd , the world's largest air cargo carrier, said its cargo throughput fell in September, the sixth consecutive drop, and the passenger outlook was getting more uncertain. Read More »

Cargolux accepts first Boeing 747-8 delivery

AJOT | October 17, 2011 | Air Cargo

Cargolux Airlines International took delivery of Boeing Co's first 747-8 Freighter after resolving a contractual spat that caused the freight carrier to abruptly refuse delivery last month. Read More »

Australia’s govt may force end to Qantas strike

AJOT | October 17, 2011 | Air Cargo

Australia's government said it could force an end to a bitter dispute between unions and Qantas Airways after the airline warned it will ground aircraft and cut around 100 domestic flights a week due to rolling industrial action. Read More »

Weak freight rates spur more shipping deals

AJOT | October 17, 2011 | Liner Shipping

The global shipping industry could see robust dealmaking activity in coming years as weak freight rates caused by vessel overcapacity spur firms to consolidate to cut costs and get better access to capital, according to senior industry bankers. Read More »

NOL’s revenue per container fell 19 pct in 4 weeks to Sept 23

AJOT | October 17, 2011 | Liner Shipping

Singapore's Neptune Orient Lines , the world's seventh largest container shipping firm, reported a 19 percent fall in average revenue per container as shipping rates plunged. Read More »

New Zealand team pumps oil from stricken ship

AJOT | October 17, 2011 | Liner Shipping

Salvage teams pumped oil from a stricken container ship off the New Zealand coast, ahead of bad weather which could split the vessel into two and spew more oil onto beaches. Read More »