World Trade articles from May 2004

World Trade archives from May 2004

Talking sense about outsourcing.(Inside World Trade)
May 1, 2004... A measure of the force of globalization is how the word 'outsourcing,' until relatively recently a dry term pertaining to procurement practices, has exploded onto the national dialogue like a political time-bomb. Hysterical political and...

Is it time to raise the bar? Ten ways to evaluate if your trade services provider really delivers.(Advertorial)
May 1, 2004... The buyers, sellers and intermediaries that comprise the modern international trade community are the economic heirs of an ancient practice--one whose geographic and temporal links precede written history--and travel as far forward as the...

Repeal of tax breaks for US exporters is going to change the landscape.(Policy Perspectives)
May 1, 2004... While nothing is certain in a Presidential election year, there is a strong chance that Congress will enact major international tax legislation in 2004 that, among other things, would significantly change the US federal income tax rules...

African Growth and Opportunity Act (AGOA) begins to pay off.(Africa & Middle East)
May 1, 2004... It's been four years since the implementation of the Africa Growth and Opportunity Act (AGOA), and while trade volumes between the U.S. and African countries had initially been relatively flat, latest figures are showing signs of a pickup. ...

UAE, U.S. officials sign trade agreement.(Tradewinds: the latest trends in the world of trade)(Brief Article)
May 1, 2004... The U.S. and United Arab Emirates recently signed a Trade and investment Framework Agreement, which creates a forum for the two nations to expand bilateral trade and investment. The U.S. Trade Representative's office says the agreement calls...

Study says contract logistics set for expansion in Central and Eastern Europe.(Europe)(Brief Article)
May 1, 2004... A recently released study predicts that the Central and Eastern European contract logistics market will double in size over the next four years, with compound annual growth in the market expanding by 20 percent from 2003 to 2007. Accession...

U.S, European flap over GMOs may be close to resolution.(Europe)(genetically modified organisms)(Brief Article)
May 1, 2004... One year ago, the U.S. filed a complaint with the WTO over Europe's refusal to allow imports of American foods containing genetically modified organisms (GMOs). Now, the EU's Health and Consumer Protection Commissioner, David Byrne, appears...

Dominican Republic becomes sixth member of CAFTA.(The Americas)(Central American Free Trade Agreement)(Brief Article)
May 1, 2004... The Dominican Republic has become the latest nation to join the U.S.-Central American Free Trade Agreement (CAFTA), whose members already include Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. Under the agreement, the Dominican...

South Korea streamlines customs operations.(Asia-Pacific)(Brief Article)
May 1, 2004... South Korea's customs agency is preparing to roll out an electronic filing system to streamline the movement or cargo and key transport centers. A spokesperson for the customs agency says exporters will be eligible to participate in the program...

Container volumes from Asia to U.S. to remain strong.(Asia-Pacific)(Brief Article)
May 1, 2004... A maritime executive with a leading ocean carrier says imports of containerized freight from Asia to the U.S. will be especially strong this year, despite the extra capacity added to the eastbound Pacific trade lane. This increase in demand is...

More of China's oil coming from Africa.(Asia-Pacific)(Brief Article)
May 1, 2004... China is beginning to source more of its oil from Africa, according to recent import statistics. In February, Angola moved ahead of Saudi Arabia as the country's main supplier of oil. Angola's share of total crude oil imports also increased to...

Japan to join in WT0 case over semiconductors.(Asia-Pacific)(World Trade Organization)(Brief Article)
May 1, 2004... Japan says it wants to weigh in on a dispute between the U.S. and China over tax rules for semiconductors. Specifically, the U.S. recently filed a complaint with the WTO over China's taxation policy, which the U.S. says is unfair for...

P&G puts the consumer in the supply chain driver's seat: and redefines the metrics for the business model of the future.(2004 Manufacturer of the Year For Global Logistics Excellence)
May 1, 2004... In selecting Procter & Gamble as Manufacturer of the Year, World Trade is recognizing a legendary company's commitment to wholly retooling its supply chain into a store of the art system capable of monitoring and managing inventory from the...

Power Curbers Inc.: small and midsize manufacturer of the year.(2004 Manufacturer of the Year)(Brief Article)
May 1, 2004... Family-owned Power Curbers, Inc. may be a small operation when compared to large multinationals, but you wouldn't know it from their prominence in the global marketplace. The company manufactures machinery for slipforming concrete...

The P&G/SAP partnership.(2004 Manufacturer of the Year)(Interview)
May 1, 2004... Part of Procter & Gamble's success in the reengineering of their supply chain has been teaming up with partners who can help execute their vision. World Trade recently asked Claus Heinrich, Executive Board Member of SAP, about this...

World-class logistics partners keep the P&G supply chain in top form: it takes lots of help to sustain a state-of-the-art global supply process. Here are some of the key players.(2004 Manufacturer of the Year)
May 1, 2004... DHL: Brian Bralynski, Director of National Accounts, Mid-Atlantic Region According to DHL's Brian Bralynski, Director of National Accounts, Mid-Atlantic Region, last year's merger with Airborne Express has enhanced DHL's ability to serve...

Ocean liners: does size really matter?
May 1, 2004... Imagine it's the mid-1960s. You're standing dockside looking out over the water as a new type of ship, a container vessel, pulls into the harbor. It looks massive compared to the other ships around it and is capable of safely carrying goods in...

Playing currency fluctuations will become trickier for America's global traders: U.S. manufacturing exports continue to boom with the weak dollar, but now's the time to consolidate gains and sharpen strategies.
May 1, 2004... David Lamb can hardly believe his good fortune. Three years ago, his business, Legacy Automation, a Washington state company that manufactures paper and pulp processing machinery, was being decimated in export markets and having trouble...

Shippers feel added burden with tougher security requirements: air cargo is safer than ever, but new regs say 'good' isn't good enough.(Transportation & Logistics)
May 1, 2004... New air cargo security requirements are shaking up shipping--particularly for small carriers and occasional shippers. Regulations implemented since the 9/11 terrorist attacks, including the Air Cargo Security Plan announced last November by the...

When bigger isn't better: integrating small batch niche vendors into standardized national supply chains builds local markets.(Industry focus: consumer goods)(Bon Macy)
May 1, 2004... In modern, high-tech supply chains, size matters--just not always as expected. As major retailers expand their purchasing, transportation, and distribution operations, some find global, multi-million-dollar setups leave logistics holes close to...

The world's 'factory floor' has some rough spots: lack of quality infrastructure and logistics hurts China outsourcing: a conversation with Rick Moradian and Lara Sowinski.(Geographical Focus)(Interview)
May 1, 2004... To many people, China and the term 'superior manufacturing venue' are synonymous. However, at least one global logistics provider has given the country some rare mixed reviews. In a paper co published by APL Logistics, APL and Drewry...

Western banking spreads in China: Bank of Montreal/Nesbitt Harris opening up market opportunities for North American clients.(Finance)
May 1, 2004... The Bank of Montreal was founded nearly two centuries ago, as Canada's first bank. Since then, it has marked a considerable number of other 'firsts': the financing of Canada's first transcontinental railroad, service as the Confederation's...

Five critical steps for RFID deployment: as new technology comes on line, best practices are a 'work in progress'.(Technology)(Radio Frequency Identification Device)
May 1, 2004... RFID is not a new technology. However, the way manufacturers and suppliers will soon be required to apply it in their distribution and logistics operations is pioneering, Suppliers to Wal-Mart and the Department of Defense have a brief window...

San Antonio International Airport-www.sanantonio-airport.com.(Corporate Profiles)(Brief Article)
May 1, 2004... SAT, a U.S. Point of Entry, accommodates commercial, cargo and general aviation. Nearly one million square feet available with designated Foreign Trade Zone #80. Over 200 acres of facilities include FBOs, corporate hangars, aircraft maintenance...

A.N. Deringer Inc.--www.anderinger.com.(Corporate Profiles)(Brief Article)
May 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...

Export-Import Bank of the United States--www.exim.gov.(Corporate Profiles)(Brief Article)
May 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...

Hyundai Merchant Marine (HMM) www.hmm21.com.(Corporate Profiles)(Brief Article)
May 1, 2004... 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...

Pilot Air Freight--www.pilotair.com.(Corporate Profiles)(Brief Article)
May 1, 2004... Pilot Air Freight is a full service transportation and logistics company with 65 offices throughout North America, and a worldwide network of overseas agents offering global coverage 24 hour a day, 7 days a week. As your transportation and...

Yang Ming Line (YML)--www.yml.com.tw.(Corporate Profiles)(Brief Article)
May 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...

Global Insurance Network, Inc. www.globalinsnet.com.(Corporate Profiles)(Brief Article)
May 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...

NSCSA--www.nscsaamerica.com.(Corporate Profiles)(Brief Article)
May 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...

Litco International--www.litco.com.(Corporate Profiles)(Brief Article)
May 1, 2004... Litco's Inca presswood pallets meet the new ISPM 15, International Standards for Wooden Packaging.Inca pallets do not require additional costly treatment for infestation. Don't risk costly delays at foreign ports! Inca pallets are priced for...

Printronix www.printronix.com.(Corporate Profiles)(Brief Article)
May 1, 2004... Established nearly 30 years ago, Printronix is a leading provider of industrial and back-office enterprise printing solutions for customers the world over. The long-term market leader in line matrix printers, Printronix has earned an...

Swiss WorldCargo www.swissworldcargo.com.(Corporate Profiles)(Brief Article)
May 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...

DHL--www.dhl.com.(Corporate Profiles)(Brief Article)
May 1, 2004... 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...

Union Bank of California www.uboc.com.(Corporate Profiles)(Brief Article)
May 1, 2004... When cost effective international trade is integral to your company's success, choosing the right bank is critical. At Union Bank of California, we make it our business to provide our clients with the tools and expertise they need to navigate...

The interstate highway system.(Great Moments In World Trade)
May 1, 2004... Commuters saw much to celebrate at the "Futurama" exhibit in the 1939 New York World's Fair. In the exhibit's vision of what transportation would be like twenty years hence, fourteen lane superhighways connected the nation at speeds up to 100...