Subscribe to our free, weekly email newsletter!


A respectable, but risky recovery.


May 19, 2010

Analysts with trade credit insurer Coface said it has raised its 2010 world growth forecast to 3 percent. Coface, which provides protection for businesses against financial failure by their customers, issued a report in April stating that the United States’ A2 rating is under positive watch. Given the strong performance of the U.S. at the end of 2009, Coface analysts revised their forecast upward to 2.3 percent. They warned, however, that the nation still had much to do before reaching its “pre-crisis” A1 rating. Furthermore, said analysts, there is some apprehension of a U.S. business slowdown during the year “due to a weakening of the favorable effects of the budget stimulus.” Meanwhile, Canada, Australia, and New Zealand are benefiting from the recovery in Asia, as demand for raw materials is ramping up. All three nations have been given an AI rating by Coface.

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

The standard tools of B2B integration--EDI, VANs, translation software--have been around for more than two decades. In IT years, that's many generations of technology you've potentially missed out on if your organization is still using the same B2B integration solution it started with.

According to the report, this option will be made available in 14 metropolitan locales in the United States and will not come with an extra fee for Amazon Prime members.

DHL said this investment is being made to meet customer needs for ongoing growth in international e-commerce and global trade and will also provide more gates to accommodate additional aircraft, warehouse space, and new equipment to provide more capacity for sorting shipments and for unloading and reloading planes.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in March dropped 5.3 percent annually to $96.1 billion.

U.S. carloads were down 9.1 percent annually at 273,387, and intermodal volume was up 4.3 percent annually at 281,090 containers and trailers.

Article Topics

· All topics

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA