With another year coming to a close, we look back with some relief that freight demand showed steady growth despite endless obstacles coming from Washington, D.C. As we detail throughout this issue, most economic indicators remained ...
Tags: freight demand, transportation
Wheat:Net sales of 656,100 MT for delivery during the 2013/2014 marketing year were up 76 percent from the previous week and 47 percent from the prior 4-week average.Increases reported for Japan(129,400 MT),Nigeria(110,000 ...
Editor's note: One of our Food Safety News Christmas traditions is to annually recognize those who have been "naughty" and those who have been "nice" – from a strictly food safety perspective, of course. This year, we've opted to ...
Tags: Food Safety, Agriculture, Food
The Canadian Pork Council suggests changes to the U.S.Farm Bill to address concerns related to Mandatory Country of Origin Labelling could end the need for Canada and Mexico to continue their case against the U.S.at the World Trade ...
Mar. corn closed at $4.25, down 1 and 3/4 cents Jan. soybeans closed at $13.24, down 22 and 1/2 cents Jan. soybean meal closed at $441.20, down $6.80 Jan. soybean oil closed at 39.06, down 25 points Mar. wheat closed at $6.12 and ...
Tags: Corn, Soybean Prices
As a follow-on to plans announced earlier this year, Texas Instruments Incorporated (TI) announced it has acquired a building in the Chengdu Hi-Tech Zone from UTAC Chengdu Ltd. Earlier this year, TI announced its investments in these ...
Tags: Texas Instruments, Lighting
Motorola will start selling a cheap smartphone in the U.S. more than a month ahead of schedule. The company says it was able to produce the Moto G phones faster than expected. The U.S. launch was initially planned for January. But it is ...
Tags: Smartphone, Motorola, Consumer Electronics
Bunge North America, a unit of food processing firm Bunge, has purchased the wheat milling business of Grupo Altex in Mexico for an undisclosed amount. Grupo Altex produces a wide range of products from wheat including, bread flour, ...
Tags: Wheat Milling, Bunge North America
After opening in Wenzhou in summer, the Spanish brand is now offering its exclusive shirt-making in Hangzhou. Credo is consolidating its presence in China with a second shop under franchise in just under a year. The chosen location is ...
Tags: Credo, Spanish Brand
Navistar announced this morning that it has begun shipping International DuraStar trucks with the Cummins ISB 6.7-litre engine. The first such trucks were shipped from the company’s Escobedo, Mexico assembly plant. Navistar says ...
Tags: truck, transportation
Expeditors International of Washington Inc. said it has chosen Jeffrey Musser to become CEO in March. Musser, currently Expeditors' chief information officer, will replace Peter Rose, who announced in October that he would retire. Rose ...
Tags: Transportation, logistics
World crude steel production in November this year increased by 3.6 percent year on year to 127.36 million metric tons, while a 5.14 percent decline was observed on month-on-month basis, according to the World Steel Association ...
Tags: Crude Steel, Mineral
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 82 percent of total world DRI production in 2012 amounted to 5.31 ...
Tags: DRI Output, Mineral
In the January-November period this year, finished steel apparent use in Latin America and the Caribbean totaled 57 million metric tons, one percent higher compared with the same period in 2012, according to Alacero, the Latin American ...
Tags: Finished Steel, Mineral
Tax revenues continue bouncing back from the low levels reported in almost all countries , at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication. The average tax revenue to GDP ...