Subscribe to our free, weekly email newsletter!


Special European Report: A new direction in European Distribution

The European Union (EU) remains a $16 trillion economy: the world’s largest. This year, American exports to the EU are up 3.5 percent, in nominal dollar terms, over 2009.
By David Bovet, Partner at Norbridge, Inc.,
September 10, 2010

Why should U.S. companies focus on their distribution networks in Europe?

Headlines about Greek sovereign debt and German unhappiness at “rescuing” the euro could give pause to expansion strategies aimed at Transatlantic markets.

Yet the European Union (EU) remains a $16 trillion economy, the world’s largest. Many U.S. companies are seeking to further diversify their business globally, hedging bets and searching for new geographies. American exports to the EU are up 3.5 percent, in nominal dollar terms, this year (January-April) over 2009.

Meanwhile, despite a reversal in the past few months, the U.S. dollar is still down by 27 percent versus the euro since ATMs across Europe first started dispensing the new currency in January 2002. And Europeans remain among the wealthiest consumers in the world—six countries in Europe currently have higher nominal GDP per capita levels than the United States.

 

 

About the Author

David Bovet
Partner at Norbridge, Inc.,

David Bovet is a partner
at Norbridge, Inc., where
he leads the supply chain
consulting practice.


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Manufacturing activity in April remained on the right side of growth for the second straight month, following six months of contraction, according to the April edition of the Manufacturing Report on Business from the Institute for Supply Management (ISM).

Some 22 centuries after the original Silk Road smoothed the path of Chinese silk merchants to Europe, a new effort is beginning to build a new 21st century highway between Europe and the burgeoning economy of China, now the world’s fastest-growing market.

A new study released recently from global management consulting firm A.T. Kearney promises to provide supply chain managers valuable advice on risk mitigation

The most recent edition of the Shippers Conditions Index (SCI) from FTR showed solid gains for the fourth straight month, with market trends remaining favorable for shippers.

Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA