Shipping Digest articles

Recent articles from Shipping Digest

Sell American.
February 16, 2009... There is a chance that the stimulus package may include "Buy American" provisions. These would require that all infrastructure  projects be built with U.S. steel. I understand why this is a popular idea. It would create U.S. jobs. It would also likely create a trade war, with other...

Lost money: Millions of dollars in potential duty refunds go unclaimed.
February 16, 2009... BYLINE: WILLIAM ARMBRUSTER Drawback program offers substantial savings for importers and exporters Money is a terrible thing to waste. Yet that's what U.S. exporters and importers often do by failing to claim duty refunds for which they might qualify under the federal government's...

Vargo urges Obama to fight protectionism.
February 16, 2009... BYLINE: PETER T. LEACH The Obama administration must make every effort to ensure that the government works for a global standstill on protectionist measures by Congress and by other major trading nations or the result will be "economic disaster." In his keynote address to the first...

Obama seeks budget cuts for Commercial Service.
February 16, 2009... The Obama administration is looking to cut $3 million from the U.S. Commercial Service's budget for its domestic Export Assistance Centers, according to the National District Export Council Steering Committee. The administration also plans to charge the Commercial Service an additional...

Justice Department expands price-fixing investigation.
February 16, 2009... BYLINE: JOSEPH BONNEY With a former Sea Star Line executive headed to prison for price-fixing by carriers in the U.S. mainland-Puerto Rico trade, the Justice Department says its investigation continues to widen to other domestic shipping markets. In a pre-sentencing conference,...