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Expect complexity - Seven key export compliance trends.
December 21, 2005... As the year comes to a close it is important to pause and look to the future. One trend remains clear: Export compliance will continue to remain one of the manufacturing world's greatest challenges. As we gaze into our crystal ball for an...
Shipping lines estimate 7 percent cost increase.
December 21, 2005... Neptune Orient Lines Ltd. and 11 of the largest shipping companies moving cargo from Asia to the U.S. predicted that costs will rise 7 percent on higher fuel prices in 2006, which may spur them to raise freight rates. The cost of transporting...
Mobile & Maersk - Mobile selects Maersk - CMA CGM container terminal partnership.
December 19, 2005... BYLINE: Janet Plume
After nearly two years of searching, the Alabama State Port Authority has selected a partner to run its $300 million green field container terminal under construction south of downtown Mobile, Ala. Mobile Container...
CAFTA con pollo - Caribbean nations challenge CAFTA's Jan. 1 deadline.
December 19, 2005... On Jan. 1 only one or as many as five Caribbean Basin leaders will stand with President Bush and usher in a new hemispheric free-trade era.The Central American Free Trade Agreement will slightly change U.S. import rules for textiles and...
Remnants of the Raj - Singapore may challenge Dubai for P&O.
December 12, 2005... BYLINE: Rick Eyerdam
Temasek Holdings Ltd., the investment arm of Singapore's government, said on Dec. 1 that it has increased its stake in P&O Ports, sparking speculation that it may make a bid rivaling Dubai Ports World's offer for the...
EU picks new banana tariff.
December 12, 2005... The European Union has adopted a new "tariff-only" import regime for bananas from imported from countries - mainly in Latin America - enjoying most-favored-nation status. The new import regime, which takes effect on Jan. 1, also will include...
Bonner gone, Rice and State Department take over maritime security.
December 5, 2005... BYLINE: Rick Eyerdam
The Bush administration has quietly answered two key questions about the future of maritime security with the designation by "media note" on Nov. 23 of the U.S. State Department as lead agency in domestic and...
World Bank report predicts modest growth, modest risk.
December 5, 2005... Gross domestic product, a standard measure of economic development, increased by 4.5 percent in 2005 in the Latin America and Caribbean region, down from close to 5.8 percent the year before, according to Nov. 19 report by the World Bank.The...