World Trade articles from January 2006

World Trade archives from January 2006

The other America.
January 1, 2006... In a past life I was a correspondent for Time magazine. In line for a posting, I suggested Latin America, enraptured with the romance of the Amazon and Andes. My boss and mentor shook his head no, cautioning me: "Readers in the United States...

Have trade and globalization harmed developing countries?(international trade)
January 1, 2006... The answer to the question, "has globalization harmed developing countries?," is "No!" Quite the contrary, in fact. Trade and globalization have improved the lives of billions of people in developing countries. For example, in the short span of...

IATA promotes e-freight program.(International Air Transport Association)(Brief Article)
January 1, 2006... "Our mission is to take the paper out of cargo by the end of 2010. The air cargo business is drowning in paper. Every cargo shipment travels with up to 38 documents. Each year we could fill 39 747-freighters with the paper wasted on this...

New FAST lane for Queenston-Lewiston bridge.(dedicated truck lane introduced)(Brief Article)
January 1, 2006... One of the top five busiest bridge crossings linking the United States and Canada--the Queenston-Lewiston bridge--has opened a fifth lane dedicated as a FAST lane for U.S.-bound trucks. The lane will be dedicated primarily to trucks...

The world according to Maersk.(industry challenges)(Brief Article)(Interview)
January 1, 2006... Recently, World Trade asked executives at Maersk, Inc. to share their view on industry trends for the coming year. Gordon Dorsey, Senior Director, Corporate Communications, provided the following comments. "Our industry faces a new set of...

Latest survey shows U.S. falls to second place.(TECHNOLOGY)(Brief Article)
January 1, 2006... The Organization of Economic Cooperation and Development reports that China has surpassed the U.S. as the world's biggest exporter of information and communication technology--a sector that includes such products as mobile phones, laptop PCs,...

Letters of Credit arrivals and exports up in October.(FINANCE)(Brief Article)
January 1, 2006... The Conference Board announced in mid-December that the leading index for South Korea increased 0.2 percent in October, due mostly to a large increase in Letter of Credit arrivals, followed by a rise in stock prices and real exports. South...

Move reinforces division in 3PL industry.(3PLS & WAREHOUSING)(logistics business sell off )(Brief Article)
January 1, 2006... Netherlands-based TNT has announced that it will sell of its logistics business to focus more on its core competencies-express and freight forwarding. According to CEO Peter Bakker, "The focus on networks and the exit of logistics will allow...

Companies localize manufacturing to trim costs.(INDIA SUPPLY CHAIN)(Brief Article)
January 1, 2006... A number of Fortune 500 companies are both sourcing raw materials and manufacturing finished goods in India to avoid high import tariffs while taking advantage of India's low-cost labor force. This strategy to localize the supply chain is...

Country rates high in business survey.(OUTSOURCING TO MALAYSIA)(shared services and outsourcing)(Brief Article)
January 1, 2006... A survey of 357 global Fortune 500 companies places Malaysia among the top five countries for energy, finance and logistics in global shared services and outsourcing (SSO). An executive with consultancy Frost & Sullivan, which conducted...

Plan to slash duties on autos, industrial products.(BRAZILIAN TARIFF CUTS)
January 1, 2006... Brazil's foreign minister says his country will propose a series of cuts in industrial tariffs in order to do its part in advancing global trade talks. Celso Amorim indicated that Brazil would consider cutting its average legal cap on...

Brazil, Russia, India and China are upcoming powerhouses.(BRIC COUNTRIES FLEX THEIR MUSCLES)(Brief Article)
January 1, 2006... A new report by the BBC on the emergence of the next generation of world players warns that developed nations should not underestimate the power of the Brazil, Russia, India and China--known collectively as the Brics. While the Brics have...

Transportation Services Index (TSI).(Tradewinds: THE LATEST TRENDS IN THE WORLD OF TRADE)
January 1, 2006... OCTOBER 2004-SEPTEMBER 2005 Oct. 109.4 Nov. 110.3 Dec. 109.9 Jan. 111.6 Feb. 110.0 Mar. 111.6 Apr. 111.7 May 112.6 June 112.0 July 111.6 Aug. 111.5 Sept. 111.6 The Transportation...

More brand names on shelves is positive sign.(ECONOMIC RECOVERY IN ARGENTINA)(Brief Article)
January 1, 2006... Four years after Argentina plunged into an economic tailspin, the return of top brands to the country's store shelves is one of the biggest indicators that the country is returning to financial and economic health. In 2001, a monumental...

Rising, but lagging behind other countries.(U.S. EXPORTS TO CHINA)(Brief Article)
January 1, 2006... The good news is that the United States is exporting more products to China than ever, but other countries are exporting even more, says the Government Accounting Office. From 1995 to 2004, the amount of American exports to China tripled...

Top U.S. trading partners.(BY THE Numbers)
January 1, 2006... BY THE Numbers Top U.S. Trading Partners % OF TOTAL COUNTRY EXPORTS IMPORTS TOTAL TRADE U.S. TRADE 1. Canada $156.7 $209.3 $366.0 ...

Strong economic growth outpaces EU.(NORDIC ECONOMIES HEAT UP)
January 1, 2006... "It's a very American economic growth scenario," remarked a Danish economist in reference to the strong economic performance being exhibited by countries in the Nordic region in recent quarters. In particular, the comparison was based on...

EU calls for end to liner conferences.(OVERHAUL FOR EUROPEAN SHIPPING)(European Union)
January 1, 2006... In what would be a dramatic change in the global maritime landscape, the European Union has called for ocean liner conferences to be dismantled because they are in conflict with European competition laws. Liner conferences, which have been...

Ozburn-Hessey promotes Hall.(Names & News)
January 1, 2006... Ozburn-Hessey Logistics, the nation's largest privately held 3PL, has promoted Karen Hall to Director of Marketing and Communication. Ms. Hall had previously served as a Marketing Manager for the company.

Young to succeed Davidson at UP Corporation.(James R. Young)(Union Pacific Corporation)(Dick Davidson )(Brief Article)
January 1, 2006... James R. Young, president of Union Pacific Railroad, will succeed Dick Davidson as corporate president and chief executive officer of Union Pacific Corporation in January. Young will remain president of Union Pacific Railroad when he...

BAX Global sold to Germany's Deutsche Bahn.(Brief Article)
January 1, 2006... Brink's Company has signed an agreement to sell its BAX Global express unit for approximately $1.1 billion in cash to Deutsche Bahn of Germany. The acquisition of BAX, the world's largest heavy shipment carrier, positions rail operator Deutsche...

CP Railway taps Green.(Names & News)
January 1, 2006... Canadian Pacific Railway has appointed Fred Green as president, succeeding Rob Ritchie. Ritchie, who held the post for a decade, will retain the title of chief executive he has also held since 1995.

Knatz appointed to head Port of Los Angeles.(Geraldine Knatz)(Brief Article)
January 1, 2006... Los Angeles Mayor Antonio Villaraigosa Wednesday named Geraldine Knatz as new executive director of the Southern California gateway. For the past six years, Knatz was the managing director of development at the Port of Long Beach, where she...

Manugistics names Weaser.(Names & News)
January 1, 2006... Supply chain software provider Manugistics Group has named Mark R. Weaser as president of its Asia Pacific operations. Weaser, based in Shanghai, was previously the vice president of Asia Pacific operations at Manhattan Associates.

Schenker renews deal with Management Dynamics.(Names & News)
January 1, 2006... Global 3PL Schenker has renewed a deal with Management Dynamics to use that company's BridgePoint service for supply chain visibility and event management. Schenker will use BridgePoint to drive its Global Visibility and Control Service.

South Carolina home to new trade center.(international trade with China)(Brief Article)
January 1, 2006... The state of South Carolina has opened a new 75-acre trade facility intended to boost trade with China. The Global Trade Center features a 200,000-square-foot building and exhibition hall in Mauldin, about 200 miles from the Port of Charleston....

Money used to upgrade infrastructure, attract FDI.(GULF STATES REINVESTING OIL PROFITS)(foreign direct investment )(Brief Article)
January 1, 2006... Not surprisingly, the countries that comprise the Gulf Cooperation Council (GCC)--Kuwait, Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates--have profited generously in recent years due to the rising global demand for oil. But...

Region ranks second in world behind China.(FDI UP SHARPLY IN CENTRAL EUROPE)(foreign direct investment)(Brief Article)
January 1, 2006... The ten countries that comprise Central Europe are attracting a considerable amount of foreign direct investment (FDI)--a whopping $37 billion annually--which puts it in second place behind China but far ahead of third-place India. The...

Proximity to U.S. supply chains key.(GROWING MEXICO'S ECONOMY)
January 1, 2006... Mexico's close proximity to the United States and network of free trade agreements with other countries continues to attract American firms who are looking for close integration into their own supply chains and speedy transit times. During...

Expanded market access not enough.(Brief Article)
January 1, 2006... A new report by the United Nations Conference on Trade and Development (UNCLAD) says that while improving market access for African goods and services will help lift the continent's economies, that alone is not enough. Among the findings...

Letters to the editor.(Letter to the Editor)
January 1, 2006... Dear Editor, As a recruiter working with international trade attorneys, I find the World Trade magazine to be an excellent read. There are a multiple of articles in each issue that if I cannot make use of the information directly I know...

Trading with China: a 'how to' guide for smaller shippers: great rewards, no guarantees.(Cover Story)
January 1, 2006... Kichler Lighting was a quiet Midwest lighting manufacturer for half a century. Fifteen years ago, the mediun-sized, privately held Cleveland firm started sourcing in Asia. Today, every one of its 3000 residential and commercial products is made...

A pro's tips to newcomers about trading in China: Siva Yam, President of the US-China Chamber of Commerce, urges caution, patience and perseverance.(Trading With China)(Company Profile)(Cover Story)
January 1, 2006... Trading in China is a complicated process, even for seasoned veterans. It can be all the more stupefying (and fraught with potential disaster) for newcomers. That's where Yam Siva and folks like him comes in. Siva, Managing Director of...

Sharing the pain: truckers are taking better care of the customers to help control costs.
January 1, 2006... Rising shipping costs--it's not a new story. Everyone has heard the facts--fuel costs have escalated at lightening speed, carriers re oversold, and transportation rates are increasing almost daily. But what's really happening out there? Are...

Best practices in global trade management stress speed and flexibility: cross-border supply chain success correlates with new organizational structures, better metrics and collaborative interaction with trade partners.
January 1, 2006... Sourcing and selling internationally is an alarmingly inefficient process today. That's the big 'take away' from our recent survey of more than 170 enterprises to identify how global trade management impacts corporate strategies, operations,...

What business leaders need to know about: high tech for demand-driven global supply chains: I.T. advances 'connect the dots' to provide visibility and collaboration.(Executive Overview)
January 1, 2006... With hurricanes bearing down on the Gulf Coast and Southeast United States this fall a number of America retail giants revved up their supply chain management tools to address what their managers knew would be urgent needs in those regions. ...

Resource guide: supply chain tech.(Executive Overview)
January 1, 2006... Supply Chain Academics/ Analysts Donald J. Bowersox is former Dean of The Eli Broad College of Business and is the John H. McConnell University Professor of Business Administration at The Eli Broad Graduate School of Management at Michigan...

Cintas positions its supply chain to optimize total value; low-cost sourcing is only part of the equation in world-wide garment production.(DRIVING THE INTEGRATED GLOBAL SUPPLY CHAIN FROM THE TOP)(Interview)
January 1, 2006... Cintas Corporation supplies corporate identify uniform programs, first aid and safety products and other specialized services to 700,000 businesses worldwide. Phillip Holloman was promoted to senior vice president, supply chain management, at...

Do warehouses still matter? New generation competes to add value with visibility and order management consolidation.(TRANSPORTATION & LOGISTICS)
January 1, 2006... In recent years, companies have pushed to concept of lean supply chains to the extreme, reducing inventory and overhead as a way to trim costs and operate more efficiently and flexibly. Warehouses, like every other component in the supply...

Engineer-to-order manufacturers find little global competition ; there's still some things that can't be outsourced overseas.(INDUSTRY FOCUS: MANUFACTURING)
January 1, 2006... ETO (Engineer-to-Order) manufacturing cannot be outsourced. The unique one-of-a-kind products manufactured are produced and completed in the customer's site and are modified as an engineered work-in-progress. It is this specific geographic...

Building a sound financial supply chain: get back to basics, minimize your risks, then take advantage of the latest technology.(FINANCE)
January 1, 2006... "Over the past several decades, we have seen enormous growth in world trade, both in terms of the volume of trade and the variety of products. We have also seen significant shifts in our major trading partners... The importance of...

The African emergence: African countries figure prominently as a sourcing destination for manufacturers who seek an alternative to China.(GEOGRAPHICAL FOCUS)
January 1, 2006... When global textile and apparel quotas were lifted on January 1, 2005, hardly anyone in the retail clothing industry thought the impact on global sourcing and manufacturing would be less than monumental, and they were right, says Paula...

It's more than freight. It's your business.(Corporate Profiles)(Company Profile)
January 1, 2006... Although ABF makes a point of driving the newest and safest trucks on the road, we never lose sight of the fact that it's our people who make ABF more than just another vendor. ABF people take pride in understanding the challenges facing...

AIT Worldwide Logistics.(Corporate Profiles)(Company Profile)
January 1, 2006... During their successful years at the helm of AIT Worldwide Logistics, founders Steven Leturno and Daniel Lisowski have set the tone for AIT by staying true to their philosophy: honesty is the best policy. The two partners remain committed...

APL Logistics.(Corporate Profiles)(Company Profile)
January 1, 2006... Among the foremost providers of international integrated supply chain solutions, APL Logistics combines origin and destination logistics with multi-modal transportation services. Our offerings are enabled by industry-leading IT and data...

North America imports & distribution from BAX Global.(Corporate Profiles)
January 1, 2006... Importing from any point on the globe To import and distribute goods throughout North America more efficiently, you must first have your global supply chain in place and equipped for the task. With 500 offices in 136 countries worldwide,...

C.H. Robinson Worldwide, Inc.(Corporate Profiles)(Company Profile)
January 1, 2006... Our Company C.H. Robinson Worldwide, Inc. opened its doors in 1905, and in the past 100 years it has grown to become one of largest third party logistics companies in the world. We provide multimodal transportation solutions throughout the...

Crowley Maritime Corporation.(Corporate Profiles)(Company Profile)
January 1, 2006... Crowley Maritime Corporation, founded in 1892, is primarily a family-and employee-owned company engaged in worldwide logistics, container shipping, contract towing and transportation, energy support services, ship assist & escort services,...

About Emirates SkyCargo.(Corporate Profiles)(Company Profile)
January 1, 2006... Emirates SkyCargo is renowned for the highest standards of product quality in supporting business logistics, achieving complete customer satisfaction through innovation, flexibility and refinement of service levels. It moved more than...

Ex-Im Bank enables U.S. companies to increase their international sales.(Brief Article)
January 1, 2006... The Export-Import Bank of the United States (Ex-Im Bank)--the official export credit agency of the United States--assists in financing the sales of U.S. goods and services to international markets. It does not compete with private sector...

FedEx Freight.(Corporate Profiles)(Company Profile)
January 1, 2006... Within FedEx Corp., the FedEx Freight Segment had annual revenues of $3.2 billion in fiscal year 2005. The Segment includes FedEx Freight, a leading U.S. provider of regional next-day and second-day and interregional LTL freight services. ...

Getting to know the Italian market.(Corporate Profiles)(Italian Institute for Foreign Trade)(Brief Article)
January 1, 2006... The Italian Institute for Foreign Trade (ICE), also known as Italian Trade Commission, is the government agency entrusted with promoting trade, business opportunities and industrial co-operation between Italian and foreign companies. It...

JPMorgan Chase.(Corporate Profiles)(Company Profile)
January 1, 2006... JPMorgan Chase, a longtime provider of innovative classical and Web-enabled wade finance solutions, understands how your world is changing. As a JPMorgan Chase trade finance client, you can derive immediate and long-term benefits from our...

Increase efficiency with online trade tools.(Corporate Profiles)
January 1, 2006... In today's fast-paced international business environment, foreign trade managers have a vested interest in the global supply chain to optimize working capital management. The time required to process trade documents can present a challenge to...

An extension of your company.(Landstar Global Logisics)(Company Profile)
January 1, 2006... Landstar Global Logisics is more than a full-service global logistics company--we're an extension of your company and we will treat your customers as if they are our own. We offer a full menu of domestic and international supply-chain solutions...

Port of Houston.(Company Profile)
January 1, 2006... Since its beginning, the Port of Houston has been an innovative force in the maritime industry. What was once a small and shallow bayou is now the world's sixth largest port. The port's first director, B.C. Allin III, was a visionary. In...

Swiss WorldCargo, a cool carrier.(Corporate Profiles)(Company Profile)
January 1, 2006... Swiss WorldCargo is the airfreight division of Swiss International Air Lines Ltd Airport. With a worldwide network of over 150 destinations in more than 80 countries and a broad range of services, Swiss WorldCargo adds real value for its...

Port of Seattle: growing capacity.(Brief Article)(Company Profile)
January 1, 2006... The Port of Seattle's container business grew by 20 percent in 2004 and 2005. Like most West Coast ports, Seattle has invested heavily in state-of-the-art container terminal facilities and plans to add off-terminal acreage for containers. ...

A leader in Pacific shipping and multi-modal transportation services.(Corporate Profiles)
January 1, 2006... Matson has been a leader in Pacific shipping for over a century and is most closely associated with its longstanding position as Hawaii's premier carrier, as well as service to Guam and the Mid-Pacific. In February 2006, Matson will extend its...

Port Freeport adds Costa Rica service.
January 1, 2006... FREEPORT, TX -- Oct. 12 gained additional significance in maritime history this year with the first sailing of a new weekly service to Port Freeport from Puerto Limon, Costa Rica. As schoolchildren know, Oct. 12, 1492, was the date sailors...

From port to door, Schneider National delivers.(Corporate Profiles)(Company Profile)
January 1, 2006... Schneider National is a leading provider of transportation and logistics services with a comprehensive reach across North America and a growing presence in Europe and Asia. Schneider serves more than 80 percent of the Fortune 500 companies,...

Meridian IQ.(Corporate Profiles)(Company Profile)
January 1, 2006... As a global logistics management company, Meridian IQ plans and coordinates the movement of goods throughout the world. Meridian IQ helps clients make better use of global transportation resources by providing opportunities for greater control...

Yellow Transportation.(Corporate Profiles)
January 1, 2006... As a leading business-to-business transportation service provider, Yellow Transportation[R] combines a best-in-class network with state-of-the-art technology to deliver not just transportation, but transportation solutions. The result is...

The new intellectual property.(Great Moments IN WORLD TRADE)
January 1, 2006... Hollywood studios outsell the entire U.S. steel industry. Not cars, clothes, or computers, but intellectual property--copyrights, patents, trademarks, trade secrets, and publicity rights--is America's biggest product. As the field expands to...