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US steel company files trade case over trade secrets

Reuters | September 09, 2014 | International Trade

A U.S. steel company filed a petition with the U.S. International Trade Commission, seeking to block imports of some stainless steel products from India, Germany and Taiwan, claiming competitors are using stolen trade secrets. Read More »

GM’s China JV recalls 38,328 Cadillacs on brake software glitch

Reuters | September 09, 2014 | International Trade

General Motor Co's main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in brake control software, the country's quality watchdog said. Read More »

McDonald’s August same-store sales fall across regions

Reuters | September 09, 2014 | International Trade

McDonald's Corp reported declining sales at established restaurants across all regions in August, the fifth monthly drop since CEO Don Thompson took the helm in July 2012, and warned a China supplier scandal would cut into profits. Read More »

Audi says August sales rise 5.6% on US, China gains

Reuters | September 09, 2014 | International Trade

Volkswagen's premium brand Audi said deliveries of passenger cars rose 5.6 percent in August, to 125,300 vehicles, as strong sales in the United States and China helped offset a sharp drop in deliveries in Germany. Read More »

US Ex-Im Bank’s satellite push complicates its fight for survival

Reuters | September 09, 2014 | International Trade

The U.S. Export-Import Bank, caught in a rare political storm over its mission, is fighting for survival and its best line of defense is to debunk criticism that the 80-year-old institution favors corporate giants over small businesses. Read More »

Chiquita delays Fyffes deal vote to discuss Cutrale-Safra bid

Reuters | September 09, 2014 | International Trade

Banana producer Chiquita Brands International Inc has postponed a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Safra Group and Grupo Cutrale regarding a $611 million unsolicited takeover bid. Read More »

Tesla CEO says could sign new deal with Toyota in 2-3 years

Reuters | September 09, 2014 | International Trade

Tesla Motors Inc and Toyota Motor Corp, the world's best-selling automaker, could sign a new deal over the next two to three years, Tesla CEO Elon Musk said, as the two firms ready to end an existing program. Read More »

Amber Road receives ISO 9001:2008 certification

AJOT | September 09, 2014 | International Trade

Amber Road, a leading provider of Global Trade Management (GTM) solutions, announced its proprietary Global Knowledge® Update Process achieved ISO 9001:2008 certification. Read More »

EU lobby piles in on foreign criticism of China’s antitrust enforcement

Reuters | September 09, 2014 | International Trade

China's tough competition policy is souring the mood for foreign investment, a European business lobby said, in the latest report to criticize Chinese regulators over a series of contentious investigations into international firms. Read More »

Record German trade surplus points to strong third quarter

Reuters | September 09, 2014 | International Trade

Germany posted a record trade surplus of 22.2 billion euros in July, suggesting Europe's largest economy could bounce back strongly in the third quarter after suffering a surprise contraction in the second. Read More »

China’s August imports fall unexpectedly but exports buoyant

Reuters | September 09, 2014 | International Trade

China's import growth unexpectedly fell for the second consecutive month in August, posting its worst performance in over a year and stoking speculation about whether authorities should loosen policy further to revive domestic demand. Read More »

Taiwan exports jump ahead of iPhone 6, tech products hit record high

Reuters | September 09, 2014 | International Trade

Taiwan's export growth doubled market expectations in August ahead of the launch of Apple Inc's newest smartphone packed with components made by the island's technology firms. Read More »

Brazil exports 2.71 million bags green coffee in August

Reuters | September 09, 2014 | International Trade

Brazil exported 2.71 million 60-kg bags of green coffee in August, nearly unchanged from July shipments of a revised 2.70 million bags, the Council of Green Coffee Exporters (Cecafe) said. Read More »

China slump pulls down French wine and spirit exports

Reuters | September 09, 2014 | International Trade

French wine and spirit sales to China dropped by more than a quarter in the first half of the year as Beijing's policy discouraging luxury gift-giving continued to hit high-end alcohol sales, pulling overall French exports down in their wake. Read More »

Retail imports remain above average as port talks continue

AJOT | September 09, 2014 | Ports & Terminals

Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Read More »

Growth, modernization the focus of Newsome’s State of the Port for SCPA

AJOT | September 09, 2014 | Ports & Terminals

South Carolina Ports Authority president and CEO Jim Newsome focused on growth and modernization at the State of the Port, an annual event hosted by the Propeller Club of Charleston. Read More »

CMA CGM signs three agreements on the biggest worldwide maritime trades with CSCL and UASC

AJOT | September 09, 2014 | Liner Shipping

The CMA CGM Group has announced the signature of three major agreements with CSCL and UASC. Read More »

US proposes rules to prevent runaway trains packed with explosive goods

Reuters | September 09, 2014 | Intermodal

U.S. authorities proposed measures to prevent unattended freight trains from causing accidents, the latest of several steps meant to improve oil train safety after a string of serious mishaps in the United States and Canada. Read More »

CN celebrates opening of state-of-the-art training facility in Winnipeg

AJOT | September 09, 2014 | Intermodal

CN officially opened its new employee training center in Winnipeg. The 100,000-square-foot facility is currently hosting 350-plus CN students from across Canada every week, with hands-on training for all key railway jobs. Read More »

Alliance of US freight interests releases Surface Transportation Reauthorization Platform

AJOT | September 09, 2014 | Intermodal | Ports & Terminals

The Freight Stakeholders Coalition, an alliance of 18 shipping and transportation provider/planning groups working together to support policies that promote freight mobility in the United States, has released a platform of nine principles for consideration in the upcoming surface transportation reauthorization legislation. Read More »

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