World Trade articles from November 2008

World Trade archives from November 2008

Unexpected responses to unanticipated change.(Column)
November 1, 2008... I put off writing this column until the absolute last minute, so chaotic is the economic turbulence underway. Certainties of even just a few weeks ago are now up for grabs. The one truth you can bank on right now is when somebody says, "I don't...

Reading the states of risk in today's global economy.(POLICY PERSPECTIVES)
November 1, 2008... The current crisis in international credit markets and the slowing economy have challenged trade credit insurers. The resulting anxiety among CEOs and credit managers has increased the demand for trade credit protection to an all time high in...

Air cargo screening program launched at Dulles.(AIR)
November 1, 2008... The Department of Homeland Security has launched its air cargo screening program at Washington's Dulles International Airport. Under the program, all cargo will be screened via radiation detectors, whether carried on cargo planes or...

California governor strikes down container fee bill.(OCEAN)
November 1, 2008... California Governor Arnold Schwarzenegger has struck down legislation that would have levied a $30 per TEU fee on cargo moving through the ports of Los Angeles, Long Beach, and Oakland for the third straight year. According to the...

Survey shows supply chains under increased risk.(SUPPLY CHAIN MANAGEMENT)
November 1, 2008... A new survey from consultancy McKinsey & Company shows that 4 out of 5 top executives polled say the risk of a problem in global supply chains has risen in recent years, and most top international companies say they are trying to centralize...

Union Pacific signs lease with Port of Tacoma.(RAIL)
November 1, 2008... Union Pacific railroad has signed a 10-year lease agreement with the Port of Tacoma that's intended to diversify business and promote the local economy. Under the deal, UP will relocate its domestic business to Tacoma from the Port of...

DOT projects to ease truck congestion at U.S. border crossings.(TRUCKING)
November 1, 2008... The U.S. Department of Transportation (DOT) has announced a number of projects designed to reduce truck congestion along U.S. border crossings in California, Texas, and Washington states. The projects are unique in that they will explore...

Trucking firms call for U.S. energy plan.(TRUCKING)
November 1, 2008... Trucking firms are calling on federal lawmakers to implement a comprehensive energy plan that will ensure an affordable supply of oil and limit the effect of rising fuel costs on the U.S. economy. During a recent Congressional hearing, an...

Global Trade Management market to hit $814 million in 2012: Crowley Maritime endorses IES.(TRADE WINDS: THE LATEST TRENDS IN THE WORLD OF TRADE)(Industry overview)
November 1, 2008... Driven by ever changing trade regulations and globalization, the worldwide market for Global Trade Management (GTM) applications is expected to grow at a compounded annual growth rate (CAGR) of 10.1 percent over the next five years. The market...

Transportation Services Index (TSI).(TRADE WINDS: THE LATEST TRENDS IN THE WORLD OF TRADE)
November 1, 2008... SEPTEMBER 2007--AUGUST 2008 September 108.1 October 109.5 November 110.2 December 108.8 January 111.5 February 111.5 March 109.4 April 109.4 May 111.4 June 111.5 July 112.9 August 110.8...

Halifax airport announces project to build air cargo facility: project will 'open door' to Atlantic region.(TRADE WINDS: THE LATEST TRENDS IN THE WORLD OF TRADE)
November 1, 2008... The Halifax International Airport Authority has announced a $12 million project with Gateway Facilities Inc., to build an air cargo facility. Tom Ruth, president and CEO of the airport authority, said the project "opens the door" for...

OOCL promotes Tung.(Names & News)
November 1, 2008... Orient Overseas Container Line has promoted Andy Tung as group chief operating officer, effective January 1. Tung is currently director director of corporate planning and marketing, a position he has held since 2006.

Agility taps Robinson as COO.(Names & News)
November 1, 2008... Agility, a global logistics provider, has named Michael Robinson as its new chief operating officer for the company's U.S.-based Global Integrated Logistics business group. Robinson joins Agility from Schenker U.S., where he was most...

Hoemmken in new position at Panalpina.(Names & News)
November 1, 2008... Panalpina has announced the appointment of Sven Hoemmken as global head of its supply chain management sector, a newly created position, effective December 1. Hoemmken will be based at Panalpina's headquarters in Basel, and will report to...

U.S., European officials to step up safety efforts in China: product recalls prompt development.(TRADE WINDS: THE LATEST TRENDS IN THE WORLD OF TRADE)
November 1, 2008... Consumer protection officials from the U.S. and Europe are pledging to step up product safety efforts in China, following a major scare over dairy products. The effort is intended to increase awareness among Chinese manufacturers of...

Tiawan jumps to second place in IT competitiveness survey: U.S. maintains top spot.(TRADE WINDS: THE LATEST TRENDS IN THE WORLD OF TRADE)(Information technology)(Brief article)
November 1, 2008... Taiwan has jumped up four spots to second place in the latest "Benchmarking IT Industry Competitiveness 2008" survey, trailing the U.S., which has topped the index for the second straight year. The Asian country's strong performance in R&D...

Mark your calendar.(Brief article)(Calendar)
November 1, 2008... Supply Chain Risk Management 2008 Rotterdam, the Netherlands Nov 3-4, 2008 http://www.scrmevent.com CSCMP Fundamentals of Supply Chain Management Chicago, Illinois Nov 13-14, 2008 http://cscmp.org/events/fundamentals/index.asp NITL...

Failed Promise? Mexico and NAFTA, 15 years later: regulatory and infrastructure problems are holding back realization of economic potential.(COVER STORY)(Calendar)
November 1, 2008... On December 8, 1993, President Bill Clinton stood in Washington's Mellon Auditorium--the same hall where Harry Truman signed NATO into being--to celebrate the creation of the North American Free Trade Agreement (NAFTA). Like NATO, Clinton said,...

The short tale: near-sourcing trends create new winners and losers in the supply chain.
November 1, 2008... [ILLUSTRATION OMITTED] In the 1970s, deregulation spawned a new era of growth in transportation. Nimble trucking companies like Schneider and J.B. Hunt capitalized on this opening to become multi-billion-dollar giants. In the 1990s, the...

All things to some people.(Supply Chain Partners)
November 1, 2008... Serec provides an exceptional array of fulfillment services thanks to our 45+ year history and impeccable compliance rating with virtually all retailers. Some of the many services we offer include: EDI order processing, pick and pack, labeling,...

Marrying trade finance and transportation into a single transaction: launch of cargo finance product is the 'holy grail' for ups capital.(TRADE FINANCE)(Company overview)
November 1, 2008... It is early afternoon in the late days of summer at UPS Capital headquarters, in suburban Atlanta. Outside, the creek bed winding through the lushly wooded corporate campus runs dry, evidence of the multi-year draught plaguing the southeast....

Trucking gets a double whammy: higher fuel costs coupled with a slowing economy are making for tough times.(SUPPLY CHAIN)(Company overview)
November 1, 2008... As peak shipping season winds down, transportation executives are less than gleeful this year. To sum it up, when peak season is a bust, you know you're in tough times. [ILLUSTRATION OMITTED] "It's slow for everyone," points out Keith...

Are we safe yet? As the next generation of port security metrics come online, shippers wonder if the added costs are worth the protection.(SECURITY)
November 1, 2008... The inconvenient truth about the international supply chain is that disruption is inevitable--whether from terrorist intrusions or from natural disasters. Perhaps because of this potential for catastrophic risk, there is increasing...

Logistics resurrects the rust belt: Ohio and surrounding states are investing heavily in logistics and other emerging industries to offset manufacturing job losses.(LOGISTICS)
November 1, 2008... As in recent presidential elections, much has been said by politicians about the tens of thousands of manufacturing job losses that have occurred in the region of the U.S. known as the Rust Belt--those states that have a long history in...

Serec.(WEB FINDERS)
November 1, 2008... [ILLUSTRATION OMITTED] SEREC www.serec.com Some of the many services we offer include: EDI order processing, pick and pack, labeling, pricing, and ticketing; Light assembly, Kitting, and promo packs; E-Fullillment-consumer direct;...

Benchmark Trade Solutions.(WEB FINDERS)
November 1, 2008... [ILLUSTRATION OMITTED] BENCHMARK TRADE SOLUTIONS www.benchmarktradesolutions.com At Benchmark Trade Solutions we are your Canadian connection! We offer cross border and domestic Canadian transportation. Our cross border, direct LTL...

Freightgate.(Web finders)
November 1, 2008... [ILLUSTRATION OMITTED] FREIGHTGATE[R] www.freightgate.com Freightgate continually evolves to provide its customers with competitive advantage along the entire Logistics Management Lifecycle--Procure, Optimize, Execute, Comply, Monitor...

Keep on compressing.(Great Moments IN WORLD TRADE)
November 1, 2008... Rudolf Diesel wanted to make his own name. In 1875, at the age of 17, against the advice of his parents, the poor tradesman's son had enrolled in Munich's Royal Bavarian Polytechnic, an engineering school. There he became the star pupil of Carl...