Leading global container carrier AP Moeller-Maersk A/S and 14 other shipping lines intend to raise rates on Asia-US routes beginning on 1 January 2012 to cope with industry-wide losses caused by a price war and overcapacity, according FIS.com.
Flooding in Thailand over the past months has inundated nearly 14 million acres of land, at least 740,000 acres of which is farmland, driving up Thai commodities prices both domestically and in the export markets, according to a report by FreshPlaza.com.
Japan has indicated it wants to join the Trans-Pacific Partnership regional free-trade pact but an economist says this could impact New Zealand’s exports to Japan, TV3 reported.
Nigeria and China are set to form stronger ties as both countries after China agreed to explore making Nigeria a major manufacturing zone for China's key industrial enterprises, according to a report in Taiwan News.com.tw.
Saturday to push back against China's trade practices, insisting Beijing stop poaching US intellectual property and allow its currency to rise, according to a Reuters report.
The world's airlines have scheduled 4% more capacity on 2.5% more flights in November 2011, marking six consecutive months of growth compared to the same period last year, according to the latest statistics from OAG, a UBM Aviation brand.
German fruit supplier BayWa Aktiengesellschaft is making a takeover play for the 114-year-old horticulture giant Turners & Growers, according to the NZHerald.co.nz.
Global demand for frozen potato products (comprised mostly of frozen fries) is forecast up 5% from last year, according to FreshPlaza.com, citing a report by PotatoPro.
The United Nations has estimated that the cost of piracy on the global shipping industry could be as high as $12 billion, according to Arabian Business.com.
Americans are getting used to burning ethanol in their daily commute. Now, pond scum and french-fry grease could help fuel their next business trip, according to the Wall Street Journal.
The dairy demand from developing countries such as China and India is sustainable, underpinned by a rising middle class in these countries, Fonterra chairman Henry van der Heyden told the Irish Independent.
New Zealand apple exports to Australia are set to fall far short of expectations, with some growers pulling out due to quarantine restrictions and prohibitive costs, according to the Australian Broadcasting Corp.
China's trade volume has surpassed a historic level of US$3 trillion but analysts have forecast a grim trade outlook in light of growing global uncertainties, according to Xinhua News.
The Philippines, one of the world's largest labour exporters, has ordered a ban on the deployment of workers to 41 countries — including war-torn Afghanistan and booming India — where Filipino officials say there are inadequate protections against labour abuse, according to GulfNews.
GOOGLE is making a $US100 million ($96.5 million) bid to win a bigger share of the fast-growing internet TV market, with more than 100 new channels to be rolled out via its subsidiary YouTube, starting this month, according to the Sydney Morning Herald.
An Auckland company says a "stealth wetsuit" it has helped to develop will allow scuba divers and spear fishermen to get closer to marine life, the NZ Herald reported.
Argentina is currently ranked among the world’s top six exporters of chicken meat (breast and legs) while in beef has dropped to position nine, according South Atlantic News Agency, citing the latest data from the US Department of Agriculture (USDA).
With global avocado consumption on the rise, New Zealand which is looking at a bumper harvest this year is seeking new opportunities with the fruit as an important export product, according to FreshFruitPortal.com.
China should reform the renminbi's exchange rate in its own way and not let foreign pressure influence the pace of that reform, according to ChinaDaily.
