World Trade articles from December 2003

World Trade archives from December 2003

The next stage.(Inside World Trade)(Column)
December 1, 2003... Becoming the new Editorial Director for World Trade is a daunting prospect. The subject is without boundaries in terms of both economic scale and geography. Moreover, the business of international--a more apt phrase might be...

Port security is a national imperative.(Policy Perspectives)(Column)
December 1, 2003... I learned about the importance of trade and global commerce at a young age. When I was growing up, my dad ran a dime store on Main Street in Bothell, Washington. Several times a year, my dad would go to Seattle for trade fairs where he bought...

Bush meets with Australian PM to advance free trade pact.(Asia/Pacific)(Brief Article)
December 1, 2003... President Bush met with Australian Prime Minister John Howard in October to continue negotiations on a U.S.-Australia free trade pact, that the two countries hope to finalize by year's end. The talks, which began earlier this year, got a boost...

East Asia gets thumbs up from World Bank.(Asia/Pacific)(Brief Article)
December 1, 2003... Japan's strengthening economy along with diminishing effects of the SARS outbreak has prompted the World Bank to revise its outlook for East Asia. In its recent East Asia Update, the bank cited other promising signs, including a turnaround in...

China, India driving regional economic growth.(Asia/Pacific)(Brief Article)(Illustration)
December 1, 2003... Perhaps not surprisingly, China and India are on target to deliver some of the best economic performances for the Asia/Pacific region this year, according to www.economy.com. Other stand-outs for 2003 include Indonesia and Taiwan; while Hong...

Airport privatizations in Asia don't fly with the carriers.(Asia/Pacific)(Brief Article)
December 1, 2003... Hong Kong's Chek Lap Kok, Japan's Narita in Tokyo, and state-owned airports throughout Thailand are heading toward privatization, which has carriers worried that landing and terminal fees are heading for the sky, too. "The concern is that if an...

Eastern European R&D spending is small change.(Europe)(Brief Article)
December 1, 2003... Spending on R&D in Eastern Europe is paltry and unlikely to improve anytime soon. The reasons, according to a report by the Economist Intelligence Unit, are several, including too much reliance on the state versus private industry, stagnant...

Innovation performance in Eastern Europe, 2002.(Europe)(Brief Article)(Illustration)
December 1, 2003... Innovation Performance in Eastern Europe, 2002 CZECH R. HUNGARY POLAND Science & engineering graduates 4.00 4.49 5.90 Public R&D spending/GDP 0.54 ...

European nations anxious to get infrastructure projects underway.(Europe)(Brief Article)
December 1, 2003... European countries' commitment to improve the continent's infrastructure is in full swing, with each lining up to get a piece of the 220 billion euros "pie" that will be divided up to build and improve bridges, roads, and rail projects over the...

Russia digs in heels over WTO negotiations.(Europe)(Brief Article)
December 1, 2003... Russia's push to join the WTO appears to have cooled off following the dismal results of the recent Cancun gathering, which has given the country more time to negotiate while fueling opponents of trade liberalization. Adding to the slowing...

Strong euro may be hampering European exports.(Europe)(Brief Article)
December 1, 2003... Figures released by the EU statistics agency, Eurostat, show that euro zone exports to the U.S. were down during the first part of the year, with exports totaling 97.6 billion euros ($113.76 billion) for January through July, which is down 9...

Mobile telephony calls on Middle Eastern countries.(Middle East/Africa)(Brief Article)
December 1, 2003... The Middle East's mobile phone market received a clear signal to move forward in October, following the award of three licenses in Iraq and new opportunities coming up in several other countries, reports the Economist Intelligence Unit. The...

IMF and World Bank lower growth estimates for Sub-Saharan Africa.(Middle East/Africa)(Brief Article)
December 1, 2003... Both the IMF and World Bank are tempering their growth forecasts for Sub-Saharan Africa, with the IMF reducing their estimate from 3.8 percent to 3.1 percent for 2003, while the World Bank has reduced its forecast from 3 percent to 2.8 percent....

Canada bucks trend, adds factory jobs in face of worldwide decline.(Tradewinds: the latest trends in the world of trade)(Brief Article)
December 1, 2003... Canada was one of a few countries that actually saw an increase in factory jobs in recent years, despite a decline in many countries around the world, including the U.S. New York-based Alliance Capital Management LP says a decline in...

Ex-Im Bank loosens purse strings for 2003.(Americas)(Brief Article)
December 1, 2003... The Ex-Im Bank reports that is has authorized $10.5 billion in financing in fiscal year 2003 that concluded on September 30. This supported approximately $14.2 billion in U.S. exports, which amounted to a 10 percent increase over fiscal year...

National Association of Foreign Trade Zones' upcoming "Boot Camp".(Americas)(Brief Article)
December 1, 2003... The National Association of Foreign Trade Zones (NAFTZ) has scheduled a "Boot Camp" for January 11-12 in Orlando, Fl. The Boot Camp provides attendees with the essentials of the FTZ program, and is the ideal training for those who are...

Mexico losing U.S. market share to other low-cost manufacturing countries.(Americas)(Brief Article)
December 1, 2003... Mexico's competitiveness is taking a hit, especially in the electronics, textiles, and automobile sectors, as manufacturers of these goods are turning to other countries for low-cost production. Meanwhile, a recovery in Mexico's industrial...

New food transport regs challenge the supply chain: to avoid choking trade, FDA needs to implement a risk-based security paradigm instead of an unwieldy transactional model.( Food and Drug Administration)
December 1, 2003... Come mid-December, the much anticipated new rules governing the importation of food will go into effect. Shippers and transporters have been awaiting the role of the new regs from the Food and Drug Administration with anxious concern since the...

Deconstructing the WTO melt-down at Cancun: China becomes even more central as trade with developing markets like Brazil and India gets put on hold.(Cover Story)
December 1, 2003... For Debbie Lamb, senior vice president for international issues at the Distilled Spirits Council of tare United Stales, an industry organization, the collapse of the World Trade Organization talks in Cancun this fall was a disaster. Lamb...

The Hong Kong connection heats up: Trading with China is growing easier as Hong Kong middlemen become experts in providing 'one stop' services to smooth the way.
December 1, 2003... Two decades after Deng Xiaoping opened China to the global economy, the country has become known as "the factory floor" of the world. More than half the new cameras manufactured annually worldwide, a third of air conditioners and television...

Rising rates defy slow economy: is there no end in sight?(Transportation Cargo & Shipping)
December 1, 2003... Carriers of all kinds have apparently made a decision. After holding rates far below the pace of inflation for many years, they're going for the bucks more aggressively than in a long lime. Part of this is due to some small upward shifts in...

Terrorism's toll: bank regulations become more strict, insurance protection more selective.(Banking, Finance & Trade Services)
December 1, 2003... The long shadow of the September 11 terror strike has brought added complexity to trade and project finance. In trade payments, the burden has fallen mostly on banks, which now more than ever have to subject their customers to intense scrutiny....

U.S. manufacturers' supply chain mandate: increase IT funding and unleash innovation.(Technology)
December 1, 2003... This is the first brief in Forrester's "Reviving U.S. Manufacturing With Technology" series. To regain global competitiveness, U.S. manufacturers in 2004 must fund IT projects that boost supply chain agility and product innovation and help...

Finnair--www.finnair.com/us.(Web Locators)(Brief Article)
December 1, 2003... For your viewing--and shipping--pleasure, Finnair is proud to introduce what is sure to be one of the big hits of this, or any, season: Twice-a-week, MD-11 service between Miami and Helsiki. The route will be operated on Thursdays and Saturdays...

A.N. Deringer Inc.--www.anderinger.com.(Web Locators)(Brief Article)
December 1, 2003... 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...

Export-Import Bank of the United States--www.exim.gov.(Web Locators)(Brief Article)
December 1, 2003... 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...

Hyundai Merchant Marine (HMM) www.hmm21.com.(Web Locators)(Brief Article)
December 1, 2003... HMM has made its "Cyber Customer Service Center" faster and easier to use, keeping inline with the complicated needs of the cargo transportation business. With Cyber CSC, customers will be able to book on-line and access freight rates. Our...

COSCO--www.cosco-usa.com.(Web Locators)(Brief Article)
December 1, 2003... COSCO capacity on owned and leased containers totals nearly 425,000 TEUS, Cargo handling capabilities include 20-ft. and 40-ft. dry containers, refrigerated containers, flat racks, open tops, high cubes and other specialized equipment. COSCO...

Yellow Global www.yellowglobal.com.(Web Locators)(Brief Article)
December 1, 2003... When you need a seamless solution for international shipping needs, Yellow Global can deliver. Integrated air, ocean and land shipping services around the world. Priority services, consolidation and even full container load. Plus complete...

Penske Logistics www.penskelogistics.com.(Web Locators)(Brief Article)
December 1, 2003... Penske Logistics not only designs supply-chain solutions to meet each customer's unique needs, we execute them. With highly skilled engineers, we create and manage innovative solutions that optimize performance while integrating information...

FX First Inc. www.fxfirst.com.(Web Locators)(Brief Article)
December 1, 2003... FX First, Inc. is an innovative trading and software development company with a rapidly growing reputation as a market leader in the online foreign exchange trading (Forex) industry. We provide our clients with the tools they need for quick and...

Southern California's Inland Empire--www.ieep.com.(Web Locator)
December 1, 2003... As California's job creation leader for more than a decade, the Inland Empire is attracting the interest of business, real estate, and site selection executives around the country and the world. Comprised of Riverside and San Bernardino, as...

DHL--www.dhl.com.(Web Locators)(Brief Article)
December 1, 2003... DHL is the world's leading express and logistics company offering customers innovative and customized solutions from a single source. With global expertise in solutions, express, air and ocean freight and overland transport, DHL combines...

GENCO Distribution System--www.genco.com.(Web Locators)(Brief Article)
December 1, 2003... Founded over 100 years ago, GENCO Distribution System, is a recognized leader in full product lifecycle logistics management and reverse logistics management. As a third party logistics provider (3-PL), GENCO serves some of the world's top...

Yang Ming Line (YML)--www.yml.com.tw.(Web Locators)(Brief Article)
December 1, 2003... 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...

Lufthansa Cargo--www.Lufthansa--cargo.com. (Web Locators)</.(Brief Article)
December 1, 2003... Need worldwide express service and a capacity guarantee for large freight? The answer is td.X service from Lufthansa Cargo. Capacity for td.X is guaranteed for shipments up to 2 tons when booking 24 hours ahead of the Latest Acceptance Time....

2002 U.S. Direct Investment Abroad.(World Trade index)(Brief Article)(Illustration)
December 1, 2003... Direct Investment Position on a Historical-Cost Basis (Millions of Dollars) Europe 796,913 Canada 152,522 Asia and Pacific 269,445 Middle East 12,351 Africa 13,411...

Price-adjustment broad dollar index.(World Trade index)(Brief Article)(Illustration)
December 1, 2003... 2003 Jan 107.69 Feb 107.91 Mar 107.71 Apr 106.63 May 103.11 Jun 102.84 Jul 104.05 Aug ...

Overview of the economy.(World Trade index)(Illustration)
December 1, 2003... Percent change at seasonally adjusted annual rate (unless otherwise noted) Overview of the Economy Percent change at seasonally adjusted annual rate (unless otherwise noted) 2001 2002 ...