World Trade articles from April 2004

World Trade archives from April 2004

The new logistician.(Inside World Trade)(World Trade magazine.)
April 1, 2004... When people ask about our target audience, we describe it as 'the New Logistician'--a term we've coined here at World Trade magazine. The on-going transformation of manufacturing as value chains go global is similarly revamping the nature...

Exporting tech jobs doesn't hurt U.S. trade.(Policy Perspectives)
April 1, 2004... Those afflicted with an irrational phobia about international trade used to confine their raving to manufactured goods, not services. But the United States is now said to be exporting high-paying service jobs to India, particularly in...

FDI flows to the U.S. show big uptick.(The Americas)(foreign direct investment )(Brief Article)
April 1, 2004... The United Nations Conference on Trade and Development (UNCTAD) says that although global foreign direct investment (FDI) flows remained flat last year, FDI flows to the U.S. rose threefold in 2003 (see chart). This year's figures are expected...

U.S. Customs adds more agents along U.S., Canada border.(The Americas)(Brief Article)
April 1, 2004... U.S. Customs and Border Protection (CBP) Commissioner Robert C. Bonner announced recently that 1,000 border patrol agents are now deployed along tire country's northern border for added security. "Since 9/11 we have tripled the size of our...

Australia, U.S. conclude free trade agreement.(Asia-Pacific)(Brief Article)
April 1, 2004... Australia and the U.S. recently concluded a free trade agreement, after compromising on controversial issues such as farm subsidies. For its part, Australia agreed to remove its 5 percent tariffs on manufactured goods, which the U.S....

Japan's economy breaking through the doldrums.(Asia-Pacific)(Brief Article)
April 1, 2004... Figures released by the Japanese government indicate the country may finally be breaking free from years of economic stagnation. The economy grew an annualized 7 percent during the last quarter of 2003, which qualifies as the best showing on...

South Korea's international airport expands customs operations.(Asia-Pacific)(Brief Article)
April 1, 2004... Beginning the second half of this year, customs offices at South Korea's Incheon International Airport will expand operations to 24 hours per day. Growing cargo volumes has prompted the extended operating hours, as well as the addition of...

Vietnam resumes discussions to join WTO.(Asia-Pacific)(World Trade Organization)(Brief Article)
April 1, 2004... Textile exports are a substantial sector in Vietnam's trade activity. However, a surge in Vietnamese textile exports prompted the U.S. government to implement strict quotas last May. While the move appeased American textile manufacturers,...

Germany again delays highway truck toll.(Europe)(Brief Article)
April 1, 2004... A controversial highway truck toll that will add up to 15 percent to the cost of transporting containers to and from Germany's leading seaports has been delayed for two years. Although the toll was to begin last August, continuing software...

European Union implements GMO labeling rule.(Europe)(Brief Article)
April 1, 2004... A new EU rule, which requires labels on food products containing genetically modified (GM) ingredients, will become effective April 18. Although analysts say it's too soon to know if European consumers will be reluctant to buy such...

Bahrain, U.S. announce holding talks to create free trade agreement.(Middle East & Africa)(Brief Article)
April 1, 2004... The U.S. Trade Representative's office announced recently that the U.S. and Bahrain have begun negotiations over the creation of a free trade agreement. The negotiations will essentially look for ways to lower tariffs and barriers and...

European labor productivity growth not keeping up with U.S.(Europe)(Brief Article)
April 1, 2004... For decades, the U.S. has lagged behind Europe in labor productivity. Economists say that's beginning to change, however. Since the mid-1990s, America's productivity has risen at an annual rate of approximately 2 percent, which is about...

"Doing Business in Iraq" seminars hosted by DOC.(Middle East & Africa)(Department of Commerce)(Brief Article)
April 1, 2004... Officials from the U.S. Department of Commerce are traveling the U.S. to host a series of seminars entitled "Doing Business In Iraq." According to Commerce Secretary Don Evans, "Business conditions are improving every day in Iraq, creating a...

Making your global dollars work smarter in the age of the Internet: the changing world of trade finance.(Cover Story)
April 1, 2004... Trade finance used to be a pretty sluggish part of Cross-border transactions, an antique activity whose practices were rarely revamped. Letters of Credit, the classic tool, haven't changed since the European Renaissance. Exporters used to call...

U.S. free trade liberalization and the Americas: are bi-lateral treaties undermining regional agreements?(Leadership Symposium)
April 1, 2004... Progress in hemispheric trade talks has so accelerated lately that one official boldly claimed that "the United States has transformed a decade of meandering talks into a real market-opening initiative." Indeed, while efforts proceed to build...

Four years from launch, what's the buzz on the A380? The biggest, fastest, tallest carrier ever built is coming on line but the jury's still out whether it will revolutionize airfreight.(Airbus-A380)
April 1, 2004... Though first launch is four years away, Airbus is already advancing the claim that its A380 freighter--the first fully double-decked aircraft with a wingspan a third longer than the Boeing 747--will remake the world of airfreight. The case...

Breakbulk: barely hanging on in a containerized world.(Transportation & Logistics)
April 1, 2004... In a world of rectangular boxes, the round peg--or the big, lumpy, awkwardly shaped product--has a hard time fitting in--unless it can go in a box itself. Once the dominant method of moving goods over land and water, breakbulk shipping appears...

Sensient technologies: retooling through 'global disruption'.(Industry focus: chemical)
April 1, 2004... There are garden-variety corporate turn-arounds and then there are radical makeovers similar to what has happened at Sensient Technologies Corporation. In little more than a half-dozen years, the Milwaukee-based company, which used to be known...

Coping with U.S. Customs' Container Security Initiative; global logistics management software may hold the key.(Technology)
April 1, 2004... The U.S. Customs Service launched the Container Security Initiative (CSI) in early 2002. Today, countries with 19 of the world's 20 largest ports--and other strategic locations--are working to enhance the security of the world's maritime...

What private industry can teach government: it starts with the application of supply chain 'best practices.'.(Business Services)
April 1, 2004... In the State of the State address on January 6, Governor Schwarzenegger characterized file State of California's purchasing program as "archaic and expensive." As a member of the purchasing and supply chain management academic community, I call...

NSCSA--www.nscsaamerica.com.(Web Showcase)(National Shipping Company of Saudi Arabia)(Brief Article)
April 1, 2004... NSCSA can handle all your cargo needs to the Middle East and the Indian Sub-Continent. In addition, we are the only Ro-Ro/Container carrier with direct service to Pakistan. Our state-of-the-art vessels can carry every type of freight, no matter...

Swiss WorldCargo www.swissworldcargo.com.(Web Showcase)(Brief Article)
April 1, 2004... Swiss WorldCargo is the air cargo division of Swiss International Air Lines Ltd. With its global network of more than 150 destinations in over 80 countries and its broad range of airfreight products and services, Swiss WorldCargo generates...

Export-Import Bank of the United States--www.exim.gov.(Web Showcase)(Brief Article)
April 1, 2004... The Export-Import Bank of the United States (Ex-Im Bank) assists U.S. companies compete in today's challenging global marketplace. This government agency assumes the credit and country risks that the private sector is unable or unwilling to...

Yang Ming Line (YML)--www.yml.com.tw.(Web Showcase)(Brief Article)
April 1, 2004... Yang Ming Line (YML) is an independent all water and intermodal worldwide carrier, with a customer-driven staff supporting YML's state-of-the-art, fully integrated global network. Whether cargo is containerized, oversized or...

Syracuse University whitman.syr.edu/supplychain/.(Web Showcase)(Brief Article)
April 1, 2004... Transportation and distribution have long been an important part of Central New York, going back to the Erie Canal and the Saint Lawrence Seaway. The supply chain management program at Syracuse University was established at the founding of the...

Port Freeport--www.portfreeport.com.(Web Showcase)(Brief Article)
April 1, 2004... Port Freeport offers three important advantages: Easy Access--Transportation via highway, railroad, Intercoastal Canal, and our 400-foot-wide, 45-foot-deep channel that is just three miles from open water. Space to Grow--7,500 acres available...

Global Insurance Network, Inc. www.globalinsnet.com.(Web Showcase)(Brief Article)
April 1, 2004... When you think of cargo insurance, think of Global Insurance Network, Inc. As your Florida specialist in international trade coverage, Global has your solutions for Customs Bonds, marine insurance, warehouse liability, NVOCC Bonds... the whole...

A.N. Deringer Inc.--www.anderinger.com.(Web Showcase)(Brief Article)
April 1, 2004... Founded in 1919, Deringer has grown to become one of the leading providers of international logistics services. With over 30 offices coast to coast in the U.S. and a global agency network we provide supply chain solutions for companies moving...

The refrigerated container.(Great Moments: In World Trade)
April 1, 2004... In the summer of 1938, Harry Werner, a Minneapolis trucking company executive, met Joseph Numero, a manufacturer of movie theater sound systems, for a round of golf. Afterwards, as the men made their way to the clubhouse, Werner complained to...