World Trade articles from October 2003

World Trade archives from October 2003

A change in the weather.(Inside World Trade)(Editorial)
October 1, 2003... Eastern philosophers have said that you can't step into the same river twice, essentially meaning that change is constant, even for those things that seem the same. Likewise, this year's annual World Trade 100 index, which ranks the biggest...

Is NAFTA a success?(Policy Perspectives)
October 1, 2003... It is over nine years since NAFTA was initiated between the U.S., Canada and Mexico. The initial period of NAFTA's existence was made difficult by the implosion of the Mexican economy during the first year of the treaty (Browning, E.S., 1995)....

Hong Kong's "transparency" led to victory over SARS, says health official.(Asia/Pacific)(Brief Article)
October 1, 2003... San Francisco -- Hong Kong's Secretary for Health, Welfare and Food, says SARS has been defeated but not forgotten. "Although SARS has been contained in Hong Kong, we must not be complacent," Dr. Eng-kiong Yeoh says. "We have appointed a SARS...

NAM economist sees broad-based upturn in business spending.(The Americas)(National Association of Manufacturers, David Huether)(Brief Article)
October 1, 2003... A recent Commerce Department report on Gross Domestic Product showing that economic growth accelerated to 2.4 percent growth in the second quarter "is a welcome sign that the economy is beginning to recover from the war related shocks," says...

Chamber applauds U.S.-Chile, U.S-Singapore trade pacts.(The Americas)(Brief Article)
October 1, 2003... The United States Chamber of Commerce is hailing Senate passage of the U.S.-Chile and U.S.-Singapore Free Trade agreements. "These are landmark trade agreements that will eliminate trade barriers for U.S. exports," notes U.S. Chamber President...

IMF deputy managing director supports economic aid for the Dominican Republic.(The Americas)(Agustin Carstens)(Brief Article)
October 1, 2003... Agustin Carstens, deputy managing director of the International Monetary Fund, announced that the management of the IMF has recommended to the Executive Board that it approve the Dominican Republic's request for support of its economic and...

EX-IM Bank signs credit agreement for financing U.S. exports to India.(The Americas)(Brief Article)
October 1, 2003... The Export-Import Bank of the United States and Indian Oil Corporation Limited (IOC) of New Delhi, India, have signed a credit agreement for a $75 million Ex-Im Bank loan guarantee to support the export of U.S. technology, equipment, and...

Chances of tax break for U.S. exporters seems slim.(The Americas)(Brief Article)
October 1, 2003... The Extraterritorial Income Exclusion (ETI), a tax break for U.S. exporters that has been rifled illegal by the WTO, appears unlikely to find any reasonable substitutes. In August, the Bush administration indicated that legislation to replace...

Expansion of Free Trade Agreements underway in Bahrain.(Middle East)(Brief Article)
October 1, 2003... U.S. Trade Ambassador Robert Zoellick has formally notified Congress of his agency's Intent to negotiate a trade liberalization agreement with Bahrain in January 2004, a step the Bush Administration says could lead to the creation of a broader...

Peoplesoft is playing for keeps: "it's time for the next game".
October 1, 2003... Larry Ellison couldn't beat Craig Conway on the basketball court when the two worked--and sparred--at Oracle more than a decade ago. Today, they've taken the game and moved it to a new playground--only this time, rival billion-dollar...

The 2003 WT 100: World Trade Magazine's top 100 industry profile.
October 1, 2003... Our annual World Trade 100 index profiles the world's "heavy weights" in terms of sales and revenue. This year were focused on 10 key industry sectors that play a major role in the global economy. The sectors include Aerospace & Defense;...

China's expansion continues: "Go West" is the battle cry.(Transportation Cargo & Shipping)
October 1, 2003... To a visitor, Shanghai looks little different from a major Western city. Modern subways carry commuters beneath the city streets. Superhighways teem with trucks hauling goods. Elegantly coiffed women sip lattes at the city's many Starbucks...

Minding your RFPs and Qs: how to make a 3PL relationship work.(Transportation Cargo & Shipping)
October 1, 2003... Less than a decade ago, the CEO of a major third-party logistics provider wrote an article lamenting the fact that so few companies outsourced their logistics. Based on recent trends, the tide appears to have turned in a dramatic way. ...

Defining a superior 3PL: in one word: service.(Transportation Cargo & Shipping)(third party logistics providers)
October 1, 2003... Companies don't hire third party logistics providers because of sophisticated computer systems, fancy technology or advanced reporting capabilities. Rather, they hire logistics providers to do one thing above all others: be invisible. That's a...

High flying performers in the aerospace/ aircraft industry.(World Trade's Exclusive Research Report)
October 1, 2003... This month's look at the top performers in the aerospace and aircraft industry finds that Boeing continues to fly high above its closest competitors--the European Aeronautic Defence and Space Company (EADS), Lockheed Martin, and Airbus....

Streamlining the supply chain: Lockheed Martin Aeronautics stays trim & fit.(Logistics And Supply Chain Management)
October 1, 2003... Earlier this year, Lockheed Martin delivered its first F/A-22 Raptor aircraft to the Air Force's Air Warfare Center for testing and evaluation. With a long history of delivering advanced military aircraft and related technologies, Lockheed...

Moving the "big & bulky": project cargo specialists have the know-how.(Logistics And Supply Chain Management)
October 1, 2003... The products Angela Oberholzer exports can be driven onto and off of a ship, but getting some of them from the Pennsylvania manufacturing site to the desired port requires flatbed or lowboy trucks. And, some of the hefty road construction...

The fight against cheap imports: U.S. industry finds there's no magic bullet.(Logistics And Supply Chain Management)
October 1, 2003... China's entry into the World Trade Organization guaranteed American access to a massive market for American products and services, but at a cost. WTO members are guaranteed reciprocal access to American markets--no longer could Congress...

More than a matter of taste: U.S., EU battle generic food names.(Global Sourcing)
October 1, 2003... A recent European Union proposal to prohibit the use of certain generic terms to describe food and wine not from specific geographic regions has sparked many lively discussions. Even prior to last month's WTO meeting in Cancun, rumblings of...

Outsourcing export financing: a trend that's catching on fast.(Banking, Finance & Trade Services)
October 1, 2003... Brooks Automation Inc., in Chelmsford, Massachusetts, a multinational maker of semiconductor production equipment, sells a lot of its U.S. products to foreign buyers, relying heavily on letters of credit to gel paid. And over the years that...

Crossing the Irish Sea: Irish companies find a welcome in Wales.(US & International Economic Development)
October 1, 2003... Ireland, the growth story of the 1990s for international investing, is sending some of its sons and daughters to Wales to find their fortunes. A major U.S. manufacturer has joined the parade by closing a plant that it acquired in 2002, and...

CRM is like an outboard motor: is your company a rowboat or a speedboat?(Technology)(Column)
October 1, 2003... Control, speed, and visibility--it's as simple as that! If you've ever rowed a boat you know what I mean. When you row a boat you face backwards, you don't have precise control over the direction you are going and things don't happen very...

The Hong Kong Trade Development Council--www.hktrader.net.(Web Locators)(Brief Article)
October 1, 2003... Register to receive updated information on Hong Kong The Hong Kong Trade Development Council (HKTDQ is the statutory organization promoting Hong Kong's external trade. It operates in world markets through a global network of offices and a...

A.N. Deringer, Inc.--www.anderinger.com.(Web Locators)(Brief Article)
October 1, 2003... Since 1919, A.N. Deringer, Inc. has been a leading provider of international logistics. As the process of logistics becomes more about moving information and less about moving the box, Deringer works to develop technology driven solutions to...

Penske Logistics www.penskelogistics.com.(Web Locators)(Brief Article)
October 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...

Transportation Concepts Inc..--www.tcipay.com.(Web Locators)(Brief Article)
October 1, 2003... Transportation Concepts Inc. is a well established Freight Bill Payment/Audit & Logistical Data Management Service Company that caters to mid & large companies that realize the benefits of outsourcing and have over 6000 freight bills per month...

COSCO--www.cosco-usa.com.(Web Locators)(Brief Article)
October 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)
October 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...

Pilot Air Freight--www.pilotair.com.(Web Locators)(Brief Article)
October 1, 2003... 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...

FX First Inc. www.fxfirst.com.(Web Locators)(Brief Article)
October 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...

Finnair--www.finnair.com/us.(Web Locators)(Finnair launches new service)(Brief Article)
October 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...

DHL--www.dhl.com.(Web Locators)(Brief Article)
October 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)
October 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...

San Antonio International Airport--www.sanantonio-airport.com.(Web Locators)(Brief Article)
October 1, 2003... SAT, a U. S. Point of Entry, accommodates commercial, cargo and general aviation. Nearly one million square feet avail able with designated Foreign Trade Zone #80, Over 200 acres of facilities include FBOs, corporate hangars, aircraft...

Port of Seattle--www.portseattle.org.(Web Locators)(Brief Article)
October 1, 2003... Turn to the Port of Seattle for a competitive edge in the global shipping business. The Port or Seattle features expansive container terminals, superb transportation infrastructure for faster freight movement, and an experienced workforce...

U.S. economic indicators: a mixed bag.(World Trade index)(Brief Article)
October 1, 2003... [GRAPHIC OMITTED] Overview of the Economy Percent change at seasonally adjusted annual rate Q1-02 Q2-02 Q3-02 Q4-02 Q1-03 PRODUCTION: Gross domestic product 5.0 1.3 ...