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Global Trade Magazine

  • newChinese Aviation Products Gain Access to US Market
    After 12 years of consultations, the US Federal Aviation Administration (FAA) and the Civil Aviation Administration of China (CAAC) signed an Implementation Procedures for Airworthiness agreement that allows both the FAA and CAAC to recognize each o…
    - 17 hours ago, 13 Dec 17, 3:58am -
  • newPost-OPEC Analysis
    By most accounts, the Organization of Petroleum Exporting Countries (OPEC) successfully concluded its November 30 meeting by agreeing to extend the production cuts an additional nine months, to run through the end of 2018, and seeking to cap output f…
    - 18 hours ago, 13 Dec 17, 3:31am -
  • newLARGER-THAN-LIFE LEOPARD LEAPS FROM SOUTH AFRICA TO UK WITH TIGERS’ HELP
    Tigers has transported 29 large bronze wildlife sculptures from Cape Town, South Africa to London, for conservationist-turned-artist Bruce Little’s largest exhibition to date, held at the Mall Galleries. The sculptures ranged from a tiny Harvester…
    - 18 hours ago, 13 Dec 17, 3:22am -
  • newUnited States and Egypt Agree to Further Trade Cooperation
    The United States and Egypt met recently under the bilateral Trade and Investment Council.  The council, established under the 1999 Trade and Investment Framework Agreement (TIFA), discussed ways to further expand fair and reciprocal trade and inves…
    - 18 hours ago, 13 Dec 17, 3:11am -
  • newUS Trade Deficit with China Still on the Rise
    In October 2017, US goods deficit with China reached $35.2 billion, a 13.2 percent increase year-on-year, according to a recently-released report from the US-China Economic Security Commission. US goods exports to China grew two percent year-on-year…
    - 18 hours ago, 13 Dec 17, 3:01am -
  • Atradius: Global Upswing to Continue in 2018
    Global economic momentum, which began picking up in the second half of 2016, has solidified throughout 2017. So says a recent economic outlook report from Atradius, the global trade credit insurer. Atradius expects higher growth rates in emerging mar…
    - 2 days ago, 12 Dec 17, 3:44am -
  • Using Data Analytics to Make Better Deliveries
    Ecommerce has changed operational, cost, and profit equations for air carriers in recent years. Consider a few ways delivering air freight has changed as a result of the explosion in online purchasing. Many ecommerce purchases are directed to residen…
    - 2 days ago, 12 Dec 17, 3:31am -
  • UNCTAD: A Difficult Year For African Economies

    UNCTAD: A Difficult Year For African Economies

    2016 was a difficult year for African economies. This was particularly evident in merchandise exports, which fell by 10.5 percent, according to the analysis in UNCTAD’s annual Handbook of Statistics. Decreasing volumes of goods loaded in seaports f…
    - 2 days ago, 12 Dec 17, 3:22am -
  • FMC Report: Create National Seaport Information Portal
    The United States economy relies upon an international supply chain that can be made more efficient and resilient through private sector initiatives such as the creation of a National Seaport Information Portal. This is one of the key recommendations…
    - 2 days ago, 12 Dec 17, 3:12am -
  • Ex-Chair of Hanjin Shipping Gets Jail Time
    A court in Seoul, South Korea sentenced the former chairwoman of the defunct Hanjin Shipping Co. to a year and half in jail for selling her family’s shares in the shipping company just before it announced a debt restructuring plan. The South Korean…
    - 2 days ago, 12 Dec 17, 3:02am -

International Trade Magazine

  • newWiseTech Global acquires warehouse management solutions provider, Microlistics
    WiseTech Global today announced the acquisition of Microlistics, a leading provider of warehouse management solutions encompassing enterprise, express, cold storage and third party logistics. Microlistics provides its warehouse management solutions t…
    - 13 hours ago, 13 Dec 17, 8:02am -
  • newNew Edinburgh Marina detailed proposals unveiled
    The new Edinburgh Marina is set to become the centrepiece of the unique £500 million waterside quarter development close to Edinburgh city centre. To be developed by Edinburgh Marina Holdings, the new Edinburgh Marina development will include a wide…
    - 13 hours ago, 13 Dec 17, 7:58am -
  • Trust Forwarding selects BluJay Solutions for integrated transportation management
    BluJay Solutions, a leading provider of supply chain software and services powered by the world’s first Global Trade Network, has been selected by Trust Forwarding, one of Scandinavia’s top freight forwarders and a division of SAS Cargo Group A/S…
    - 1 day ago, 12 Dec 17, 11:06am -
  • LGV Driving Assessors “Often Overlooked”, warns RTITB
    RTITB Instructor Academy is reminding transport and logistics operations not to overlook LGV Driving Assessor training, highlighting the many advantages it can bring to businesses. “Despite the many benefits of training LGV Driving Assessors, busin…
    - 1 day ago, 12 Dec 17, 10:50am -
  • RTITB only accrediting body included in new Logistics 100
    Laura Nelson, Managing Director of RTITB has been recognised as a key industry influencer in The Logistics 100, the only representative of an accrediting body to receive this endorsement. Having worked at RTITB, the preferred workplace transport trai…
    - 7 days ago, 6 Dec 17, 11:44am -
  • AX4 introduces two new analytics tools to accelerate logistical processes
    The AX4 logistics platform from Siemens subsidiary AXIT now boasts two new analytics tools to help supply chain professionals obtain faster, more powerful insights into their processes: “AX4 Cockpit” and “Analytics by Tableau” make it possibl…
    - 7 days ago, 6 Dec 17, 11:29am -
  • Currency risk biggest headache for small importers and exporters following EU vote
    More than two-thirds of UK SMEs trading in foreign currencies say that they have been financially disadvantaged due to currency volatility sparked by the EU referendum, according to a new study by leading SME partner, Bibby Financial Services (BFS).…
    - 9 days ago, 5 Dec 17, 8:01am -
  • FX specialist addresses opportunities and risks for SMEs at post-budget event
    Chancellor Philip Hammond’s recent autumn budget announcement may have appeared to be one of the most business-friendly in recent years, but one foreign exchange (FX) expert has claimed that while many positive elements have been noted in the budge…
    - 9 days ago, 5 Dec 17, 4:24am -
  • Maersk Line closes deal on acquisition of Hamburg Süd
    Maersk Line has officially acquired German container shipping line Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd) from the Oetker Group, after the deal closed today. Final regulatory approval was received on November 28 fr…
    - 9 days ago, 4 Dec 17, 12:03pm -
  • Logistics businesses risk missing out on benefits of IoT
    Unreliable communication networks may render logistics businesses unable to capture full value from the Internet of Things (IoT). This is according to the 100 global transport and logistics companies interviewed by Inmarsat, the global mobile satelli…
    - 16 days ago, 28 Nov 17, 8:19am -

The Economist: Imports and Exports

U.S. Census Bureau: Global Reach

  • The Goods and Services Deficit Increased to $48.5 billion in January 2017

    The Goods and Services Deficit Increased to $48.5 billion in January 2017

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $48.5 billion in January, up $4.2 billion from $44.3 billion in December, revised. January ex…
    - 7 Mar 17, 11:36am -
  • The Goods and Services Deficit Decreased to $44.3 billion in December 2016

    The Goods and Services Deficit Decreased to $44.3 billion in December 2016

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $44.3 billion in December, down $1.5 billion from $45.7 billion in November, revised. Decembe…
    - 7 Feb 17, 10:10am -
  • The Goods and Services Deficit Increased to $45.2 billion in November 2016

    The Goods and Services Deficit Increased to $45.2 billion in November 2016

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $45.2 billion in November, up $2.9 billion from $42.4 billion in October, revised. November e…
    - 6 Jan 17, 9:31am -
  • Understanding Routed Export Transactions

    Understanding Routed Export Transactions

    Written by: Heather Brown Routed export transactions are a much discussed topic.  Therefore, we are revisiting this blog topic to give some helpful tips on remaining compliant if you’re involved in a routed export transaction. We’ll also take a…
    - 22 Dec 16, 7:57am -
  • The Goods and Services Deficit Increased to $42.6 billion in October 2016

    The Goods and Services Deficit Increased to $42.6 billion in October 2016

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $42.6 billion in October, up $6.4 billion from $36.2 billion in September, revised. October e…
    - 6 Dec 16, 9:38am -
  • The Liquid Joy of the American Economy

    The Liquid Joy of the American Economy

     Written by: Steven Finkelstein  As you sip your “Morning Joe,” “afternoon pick-me-up” or “rocket fuel,” think about where that java might have come from. In this blog, we will talk about the impact of this popular beverage on internati…
    - 30 Nov 16, 1:29pm -
  • Did You Know? Fall Edition
    Written by: Erwin Parson, International Trade Management Division The season is changing from the blazing hot days of summer to the cool afternoons of fall. The leaves are starting to turn vibrant oranges, reds and yellows and transform our landscape…
    - 22 Nov 16, 8:19am -
  • Tips on Setting Up an Account in the Automated Commercial Environment
    Written by: Erwin (Randy) Parson This blog provides a few tips to address some common questions and issues for those who set-up exporter accounts in ACE on behalf of a client, authorized agents and freight forwarder roles, as well as … Continue rea…
    - 9 Nov 16, 2:15pm -
  • The Goods and Services Deficit Decreased to $36.4 billion in September 2016

    The Goods and Services Deficit Decreased to $36.4 billion in September 2016

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $36.4 billion in September, down $4.0 billion from $40.5 billion in August, revised. Septembe…
    - 4 Nov 16, 11:02am -
  • Annotating an Export Shipment: Filing Citations, Exemption and Exclusion Legends
    Written by: Charles Gamble The U.S. Census Bureau often receives questions on how to annotate commercial documents for export shipments to minimize potential delays at the port of export. In a previous blog on Filing Citations and Exemption Legends,…
    - 13 Oct 16, 10:19am -
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World Trade 100 Magazine

  • newMobilized Robot Brings Hirotec Closer to Lights-out Manufacturing
    Being the welding equipment supplier for several of the world’s leading automotive OEMs is a big responsibility, but not an impossible one. Hirotec America (HA) is proof of that. Since 1988, the company has provided this equipment to GM, Fiat Chrys…
    - 21 hours ago, 13 Dec 17, 12:00am -
  • Tennessee Is Likely Locale for Volkswagen’s New EV Factory
    CHATTANOOGA, TN--A Volkswagen spokesman recently indicated that this city would be the likely location for its new electric vehicle plant.
    - 2 days ago, 12 Dec 17, 12:00am -
  • Code Marking Considerations
    The need to mark parts or assemblies with some sort of identification code is becoming more and more important to facilitate quality control, supply chain management, brand protection, recalls and regulatory compliance.
    - 2 days ago, 12 Dec 17, 12:00am -
  • Automatic Guided Carts Boost Productivity at Ariens
    In Brillion, WI, every season is a good season to care about lawn mowers. The reason is because Brillion is home to Ariens Co., a leading manufacturer of walk-behind, stand-on and riding mowers.
    - 3 days ago, 11 Dec 17, 12:00am -
  • New $30 Million Lear Plant Will Employ 875 Workers in Indiana
    HAMMOND, IN—Lear Corp. has begun construction on a new $30 million assembly plant here to make seats for SUVs. The factory is expected to employ 875 workers.
    - 6 days ago, 8 Dec 17, 12:00am -
  • Grippers for Small Parts
    For manufacturers, the product-miniaturization trend is kind of a Catch-22. They know that serving a large and ever-expanding marketplace ensures company growth—so long as their robots can precisely place ever-smaller parts into subassemblies, fina…
    - 6 days ago, 8 Dec 17, 12:00am -
  • Trump Starts Probe Into Aluminum That China Calls Protectionist
    WASHINGTON—Invoking powers the U.S. hasn’t used in more than a quarter century, the Trump administration has begun an investigation into Chinese aluminum imports that could lead to tariffs. The Commerce Department is taking the unusual step of in…
    - 6 days ago, 8 Dec 17, 12:00am -
  • Spirit AeroSystems Announces $1 Billion Expansion, 1,000 New Jobs
    WICHITA, KS—Spirit AeroSystems announced a $1 billion expansion that will bring 1,000 new jobs to its aircraft assembly plant here. The five-year expansion calls for hiring 800 new employees by the end of 2018 and 200 more the following year.
    - 6 days ago, 8 Dec 17, 12:00am -
  • GE Appliances Expands Production, Adds 120 Workers and New Shift
    LOUISVILLE, KY—GE Appliances has added 120 workers and a new shift to boost its dishwasher assembly line here. Production capacity is being added in response to increased demand, as dishwasher sales are up 25 percent from last year.
    - 6 days ago, 8 Dec 17, 12:00am -
  • Prototype Experts Help With Design, Development of Wearable Technology
    Historic events make a Major League Baseball (MLB) season memorable. Last month, for instance, the Houston Astros won its first World Series championship ever. Several months before that, however, a less-well-known event took place: MLB approved the…
    - 7 days ago, 7 Dec 17, 12:00am -
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