World Trade articles from November 2006

World Trade archives from November 2006

Registration available online.(BREAKING NEWS)
November 1, 2006... Registration Available Online--Register for WTM's website and view more content than ever before. Not only will this give you access to WTM's website but also all BMP Media websites.

Why too much of a good thing is bad.(INSIDE WORLD TRADE)
November 1, 2006... When professionals get together to discuss supply chains a new theme has begun to surface. Up until the last couple of years, the talk was mostly about how to align the supply chain with 'just in time' and 'minimal inventory' and 'lean...

'Globish' navigates the English channel(s).(POLICY PERSPECTIVES)
November 1, 2006... When I first started working for an international commodity trading, I was asked to prepare a company glossary. With offices in Minneapolis, London, Rotterdam, New Orleans, Yokohama, and Santos Brazil, we were hiring people all the time. All...

St. Louis adds international air hub.(AIR)(Brief article)
November 1, 2006... The MidAmerica airport in St. Louis is positioning itself as an international air hub following the signing of a contract with a global freight handling company. The new tenant will lease 26,000 square feet of space at the airport with...

Progress on Heartland Corridor rail project.(RAIL)(Federal Highway Administration services)(Brief article)
November 1, 2006... The states of Ohio, West Virginia, and Virginia have signed a Memoranda of Agreement with Norfolk Southern Corporation and the Federal Highway Administration for $95 million in federal funding for the Heartland Corridor double-stack rail...

Driver turnover rate slowing.(TRUCKING)(Brief article)
November 1, 2006... The American Trucking Associations (ATA), the national trade association for the trucking industry, says the driver turnover rate among truckload carriers during the second quarter declined, but that the job market for professional drivers...

e-manifests operational at NY ports.(TRUCKING)(Brief article)
November 1, 2006... U.S. Customs and Border Protection (CBP) has announced that the electronic manifest system for trucks is now in flail operation at all border crossings in the state of New York. To date, 49 ports along the U.S. northern and southern borders...

'Virtual container yard' for NY-NJ.(OCEAN)(Brief article)
November 1, 2006... The Port Authority of New York & New Jersey will become the first East Coast port to implement a 'virtual container yard' that will allow truckers to locate empty cargo containers near their point of origin. Using a system similar to that...

Transpacific rates likely to rise.(Transpacific Stabilization Agreement)(Brief article)
November 1, 2006... The eleven ocean carrier members of the Transpacific Stabilization Agreement (TSA) are looking to hike rates for the 2007-08 season. In particular, carriers are seeking increases of $300 per forty-foot container for cargo moving to West...

Trade credit insurance beneficial to SMEs.(TRADE FINANCE)
November 1, 2006... Utilizing a trade credit insurance program to protect accounts receivable can provide a number of benefits to manufacturing firms selling their products both domestically and internationally. Small- and medium-sized enterprises (SMEs)...

Transportation Services Index (TSI).(Tradewinds: THE LATEST TRENDS IN THE WORLD TRADE)(Table)
November 1, 2006... Transportation Services Index (TSI) SEPTEMBER 2005-AUGUST 2006 Sept. 111.5 Oct. 110.9 Nov. 112.2 Dec 111.3 Jan 111.1 Feb. 109.4 Mar. 110.9 Apr. 110.5 May 112.4...

World's largest IT market in the making.(CALLING ON CHINA)(Brief article)
November 1, 2006... Market research firm Ovum says that China will soon emerge as the world's biggest broadband market because of its booming economy and rising incomes. China's broadband sector has been growing at a compound annual growth rate (CAGR) of 79...

New sites chosen to accommodate trade growth.(MORE PORTS FOR INDIA)(Brief article)
November 1, 2006... India's two largest ports--Mumbai and Nhava Sheva--are operating at peak capacity, which has prompted the government to build secondary ports to help alleviate congestion and facilitate increasing trade flows. Sutrapada, a coastal belt...

Pact would enhance Japan's bilateral deals.(JAPAN, INDONESIA TALKING FREE TRADE)
November 1, 2006... Japan has already formed free trade deals with Singapore, Mexico, and Malaysia, and talks with Chile recently wrapped up. Now, a bilateral pact with Indonesia is entering the final draft stages. The Japanese government has been eager to...

Efforts to compete with China show promise.(manufacturing )(Brief article)
November 1, 2006... Talk about the need for a major ad campaign--with all the focus on China in recent years it almost seems that every other Asian country has fallen off the map. Yet, a handful of countries, including Thailand, Vietnam, and Cambodia, have been...

Could impact UPS, FedEx freighters.(FURTHER DELAYS FOR AIRBUS)(Brief article)
November 1, 2006... A recent announcement by Airbus that more delays of the super jumbo A380 were to be expected has prompting UPS and FedEx to become increasingly worried about the impact on their freighter orders. Each company has ordered ten of the...

Peters confirmed as transportation secretary.(Names & News)
November 1, 2006... Mary Peters has been confirmed by the Senate to be the next transportation secretary. The chamber gave the former Federal Highway Administration head unanimous approval. Peters, who is also a former director of the Arizona Department of...

DHL promotes Hickler.(Names & News)
November 1, 2006... Logistics executive Hans Hickler has been promoted to head DHL's express business in the United States. Hickler is the former chief executive of APL Logistics who joined DHL in 2004 as executive vice president of strategy and business...

Peeters tapped as CEO for Euripro.(Names & News)(Danny Peeters appointed as a Chief executive officers)(Brief article)
November 1, 2006... Danny Peeters has been appointed chief executive of Eurinpro, the logistics real-estate developer. Peeters succeeds Bart Verhaeghe, who became a member of the executive committee of Macquarie Goodman, Eurinpro's parent. Peeters, who...

Dietrich promoted at Atlas Air Worldwide.(Names & News)(John W Dietrich appointed as a vice president )(Brief article)
November 1, 2006... Atlas Air Worldwide Holdings Inc., parent company of Atlas Air and Polar Air Cargo, has promoted John W Dietrich to executive vice president and chief operating officer. Dietrich, who previously worked for United Airlines, will oversee flight...

Alfonso new director of container cargo at Jaxport.(Names & News)(Jacksonville Port Authority)(Brief article)
November 1, 2006... Raul Alfonso has been promoted by the Jacksonville Port Authority to director of container cargo. In his new role, Alfonso will work with existing and potential customers to grow containerized cargoes and associated business through the...

Frontline chooses Sjaastad for CEO.(Names & News)
November 1, 2006... Tanker operator Frontline Ltd. has appointed Bjoern Sjaastad as its new chief executive. From 1990 to 2004, Sjaastad served as CEO of bulk chemical carrier Odfjell ASA. The company in an announcement said Sjaastad succeeds Oscar...

Port of LA chooses Christensen.(Names & News)
November 1, 2006... The Port of Los Angeles has a new director of port development, Michael R. Christensen, an engineer and 30-year veteran of the transportation industry. Previously, Christensen was a vice president with Parsons Corporation in Pasadena,...

New rule would prohibit 45-foot containers.(EU BOX BAN CAUSES STIR)(Brief article)
November 1, 2006... A controversial plan by the European Union to ban 45-foot containers is causing a ruckus in the maritime transport industry, with ocean carriers, shippers, and ports warning that the move will hamper trade inside the 25-member trade bloc. ...

Middle East region increasingly embraces free trade.(U.S., OMAN SIGN FREE TRADE AGREEMENT)
November 1, 2006... President Bush got closer to his vision of a Middle East Free Trade Agreement by 2013 with the formal signing this week of a free trade pact with Oman. The Senate last week passed the necessary implementation legislation by a vote of 63 to...

Bulgaria, Romania to join January 1.(ANOTHER EXPANSION FOR THE EU)(Brief article)
November 1, 2006... It's official--Bulgaria and Romania have been approved to join the EU on January 1, 2007 after the European Commission determined recently that both nations had made enough progress for entry after seven years of membership talks. "The...

By the numbers.(Tradewinds: THE LATEST TRENDS IN THE WORLD OF TRADE)
November 1, 2006... 2004 $1.81 2005 $2.41 2006 $2.81 2007 $2.78 % Change 2004-05 33% % Change 2005-06 16.5% % Change 2004-05 1.0% Note: Table made from line graph. Source: Energy Information...

Additional personnel will ease current shortage.(U.S. CUSTOMS IS HIRING)(Brief article)
November 1, 2006... The head of Customs and Border Protection (CBP) told an industry group this week that the agency would be adding more personnel over the next two fiscal years. Commissioner W. Ralph Basham said port inspectors and other front-line staff...

Goal is 'zero' by 2010.(CHINA TRIMS TRADE SURPLUS)(Brief article)
November 1, 2006... The Chinese government says it plans to reduce its huge trade surplus to zero by 2010. To get there, the government says it will trim booming export growth and focus more on "quality growth." Chinas trade surplus during the first eight...

Study shows structural costs getting higher.(U.S. MANUFACTURERS LOSING GROUND)(economy conditions)(Brief article)
November 1, 2006... A new study by the National Association of Manufacturers finds that U.S. manufacturers are facing higher corporate taxes, natural gas prices, and other cost burdens compared to their competitors in nine other industrial countries. "The...

Proposed canal would compete with Panama Canal.(THE NICARAGUA CANAL?)(Brief article)
November 1, 2006... Nicaraguan lawmakers are considering a proposal to build a canal between the Atlantic and Pacific oceans that would accommodate vessels too large to pass through the Panama Canal. A spokesman for President Enrique Bolanos said that if the...

Massive project gets Dutch lawmakers' approval.(NEW TERMINAL FOR ROTTERDAM)
November 1, 2006... Dutch lawmakers have approved the construction of a massive container terminal at the Port of Rotterdam, which will help the port retain its competitive advantage over ports such as Le Havre and Hamburg. Construction for the $3.7 billion...

How do you balance shipment speed with a secure supply chain? Cooperation is imperative among participants along the global supply chain as security risks continue evolving.(SECURITY ON STEROIDS)
November 1, 2006... Start discussing how realistically to secure the U.S. global supply chain and you are quickly confronted with the magnitude of the components involved and the extraordinary number of participants along the route. On the one hand, global supply...

Air cargo integrators do it all: as companies expand into emerging markets, air cargo providers are forced to enhance service offerings to keep up.
November 1, 2006... Over the past few years, the major express consignment carriers have bulked up their products and services tremendously in order to meet customer demands, extending their geographical reach to all points on the globe while at the same time...

Who's who among the leading supply chain consultants: it's a buyer's market for supply chain advice.
November 1, 2006... For two decades supply chain management experts were the Ghostbusters of the consulting industry: clients know they had a problem without necessarily acknowledging such an entity as a 'supply chain' even existed. Modern executives are more...

Competitors collaborate to create model for small shippers going global: how three Michigan furniture manufacturers pooled logistics resources to get goods from China.(Steelcase, Haworth and Trendway)
November 1, 2006... Not long ago, Michigan office furniture manufacturers like Steelcase, Haworth and Trendway were competitors in the strictest sense of the word. But since 2003, with the support of a regional trade center and Supply Chain Solutions (SCS) of...

South America takes on free trade: from Venezuela to Chile, a new generation of populist leaders is challenging globalization.
November 1, 2006... As he arrived last November in Mar del Plata, a seaside resort in Argentina, for talks on the Free Trade Area of the Americas (FTAA), President Bush seemed sunny, optimistic about the ure of the FTAA, a proposed hemisphere-wide trade zone. But...

Ingram Micro optimizes supply network by pushing product closer to customer: squeezing time out of delivery schedule is key to supply chain.(DRIVING THE INTEGRATED GLOBAL SUPPLY CHAIN FROM THE TOP)(dialogue with Terry Tysseland)(Interview)
November 1, 2006... Terry Tysseland, a logistics executive with forty years in the field, is senior vice president of North American operations for computer wholesales Ingrain Micro Inc. ($28 billion sales last year). As such, he is responsible for Ingrain Micro's...

"Truck" your freight from China to the U.S.: truckers and small package delivery companies are taking over the entire supply chain from origin to final destination.(TRANSPORTATION & LOGISTICS)
November 1, 2006... Similar to many industries, the trucking sector in recent years has experienced considerable consolidation as bigger firms have bought and paired up with smaller companies in order to extend their reach in products and services. This 'urge to...

Global communication wins the space race.(Great Moments IN WORLD TRADE)
November 1, 2006... Arthur C. Clarke is the bald, bespectacled British author of such classic science fiction tomes as The City and the Stars, Childhood's End, and 2001:A Space Odyssey. His most influential piece of writing, however, may be his least-read. ...