China rules US carmakers are guilty of dumping

AJOT | May 12, 2011 | International Trade

China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its carmakers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties.

That decision could ease fractious U.S.- Read More »

Italy steel exports lag imports Jan-Feb-Federacciai

AJOT | May 12, 2011 | International Trade

Steel exports from Italy, the European Union's No. 2 producer after Germany, rose 15 percent year-on-year to 2.724 million tons in the first two months of 2011, lagging behind surging import volumes, industry data showed.

Total steel imports into Ital Read More »

Taiwan April exports jump; Japan demand recovers

AJOT | May 12, 2011 | International Trade

Taiwan's exports grew faster than expectations in May, buoyed by demand for the island's hi-tech gadgets and machinery, with strong growth in exports to the U.S. and exports to Japan rebounding in a sign that its major quake in March may have had less imp Read More »

BMW to invest $1.4 blllion in China to tap Asia growth

AJOT | May 12, 2011 | International Trade

BMW said it will invest around 1 billion euros ($1.44 billion) to expand production capacity in China as it seeks to capture surging sales growth in the world's biggest auto market.

BMW is almost doubling its initially planned investment and productio Read More »

Bangladesh April exports surge 46% on apparel sales

AJOT | May 12, 2011 | International Trade

Bangladesh's exports surged 45.56 percent in April from a year earlier to $2.036 billion, boosted by ready-made garments sales, helped by a continuing shift in production from China to the lower-cost South Asian country.

Exports for July to April, the Read More »

GE sees SE Asia sales rising, to invest $1 blllion

AJOT | May 12, 2011 | International Trade

General Electric Co , the largest U.S. conglomerate, sees revenues from Southeast Asia rising as much as 30 percent this year and expects investment in the region of at least $1 billion in the next three years.

GE, the world's largest maker of jet eng Read More »

China extends anti-dumping duties on synthetic rubber

AJOT | May 12, 2011 | International Trade

China said it would extend for five years existing anti-dumping duties on a type of synthetic rubber imported from Japan, the European Union and the United States.

China's Ministry of Commerce said duties on imported neoprene, originally imposed in 20 Read More »

New EU trade plan attracts broad internal criticism

AJOT | May 12, 2011 | International Trade

The European Union's trade chief has proposed opening the EU to more imports from developing countries, fuelling a debate about protectionism and the bloc's ties with trade partners such as Pakistan.

Trade Commissioner Karel De Gucht's office has prop Read More »

Lufthansa Cargo CEO says prices could rise in 2011

AJOT | May 12, 2011 | Air Cargo

Lufthansa Cargo Chief Executive Karl Ulrich Garnadt believes prices paid to transport goods by air could increase from the autumn if the global economic recovery continues.

"At the moment though, we are not seeing rising freight prices," he told journ Read More »

Brazil government may fund TAM stake in Portugal’s TAP

AJOT | May 12, 2011 | Air Cargo

Brazil's government may finance the acquisition of a stake in Portugal's troubled state airline TAP by domestic air carrier TAM, a government source told Reuters.

TAP and several other state companies are slated for privatization this year as part of Read More »

Transportation credential a dangerous & expensive security experiment

AJOT | May 12, 2011 | Air Cargo

The U.S. Government Accountability Office (GAO) released a scathing report that exposes serious security weaknesses and years-long delays in a program to fully implement a Transportation Worker Identification Credential (TWIC). TWIC is intended to protect Read More »

Camair, Cameroon’s new national airline, awards GSA contract to ECS Group

AJOT | May 12, 2011 | Air Cargo

Camair, the new national airline of the Republic of Cameroon, has signed a worldwide cargo general sales agency contract with ECS Group.

EFIS AIR, the Paris-based subsidiary of ECS, will manage the Camair contract.

Camair launched operations at th Read More »

time:matters expands network in Spain to include Santiago de Compostela

AJOT | May 12, 2011 | Air Cargo

time:matters, the expert for global Special Speed Logistics which is part of the Lufthansa Group, expands its sameday air station network to include another European location. Effective immediately, additional direct connections for particularly urgent sh Read More »

OAG Cargo targets growth in Eastern Europe with appointment of new GSA partner

AJOT | May 12, 2011 | Air Cargo

OAG Cargo is seeking new business opportunities in Eastern Europe for its leading decision support tools for the air cargo industry with the appointment of DAEDALUS Sales & Marketing Consultants as its general sales agent in the region.

OAG Cargo's po Read More »

Organization offers new free training for veterans in air freight

AJOT | May 12, 2011 | Air Cargo

A non-profit organization has begun to offer the first free training program in air freight for U.S. Army, Navy and Marine Corps veterans.

The organization, known as Operation Must Do and created to aid veterans find employment in the air freight indu Read More »

CMA CGM to launch a new service between Asia, Indian Ocean Islands and South Africa

AJOT | May 12, 2011 | Liner Shipping

CMA CGM Group announced the launching of a new service linking Asia, Indian Ocean Islands and South Africa, effective May 8th, 2011.

Called Shaka Express, this new weekly service will deploy 6 vessels between 4500 and 6500 TEU, and will allow CMA CGM Read More »

Zepol reports April vessel imports increase

AJOT | May 12, 2011 | Liner Shipping

Zepol Corporation, the leading trade intelligence company,reports that U.S. import shipment volume for April, measured in TEUs, increased 7.95% from March and 5.68% from April of 2010. The total number of shipments also increased 7.25% from March and near Read More »

OOIL says orders six container vessels from Samsung

AJOT | May 12, 2011 | Liner Shipping

Orient Overseas (International) Ltd said it has ordered four new container ships from Korean shipbuilder Samsung Heavy Industries Co Ltd for a total of $544 million. Read More »

TUI taking time to decide on Hapag-Lloyd exit

AJOT | May 12, 2011 | Liner Shipping

TUI AG said it was taking its time to decide on how best to exit its stake in container shipping group Hapag-Lloyd.

The group, which also controls tour operator TUI Travel Plc , holds just under 50 percent of Hapag-Lloyd and is following a dual-track Read More »

Container firms passing on record bunker fuel costs to clients

AJOT | May 12, 2011 | Liner Shipping

Global container shipping firms are passing on record bunker fuel costs to retailers, manufacturers and other clients reliant on vessels for exporting their goods, an industry consultancy group said.

Singapore's benchmark bunker fuel price surged to 2 Read More »