Subscribe to our free, weekly email newsletter!


American Worldwide Agencies builds upon U.S.-Australasia trade

By Patrick Burnson, Executive Editor
July 29, 2013

American Worldwide Agencies (AWA), a global network of freight forwarders and agents based in Long Beach, recently announced that it has grown exponentially since launching its service last year.

The core markets addressed by the forwarder are in the U.S., Australia, and New Zealand. This niche, said is AWA, is huge, but underdeveloped.

“Australia’s growth certainly looks promising as it works to control its spending and cost of living,” noted AWA CEO Andrew Scott in an interview. “In fact, Australia’s economy will likely grow stronger with the recent AUD drop of 10 % and it will need to adjust even more to be in line with the global markets.”

According to Scott, the region’s mining boom on exports will help, but it is having an effect on importers.

“As Australia’s population expands, they are sourcing more and more goods from the U.S. and other regions so the supply chain is key,” he said.

AWA’s “Aussie-One” is designed to bring together an in-depth knowledge and understanding of the markets supported by a team of regional experts who provide a full scope of services on both ends, Scott added. 

He observed, for example, that Perth to Sydney is the equivalent of Los Angeles to Atlanta in distance, “but with a much smaller population and challenging layers of infrastructure to maneuver through.”

The United States is Australia’s fifth largest merchandise export market and our most important market for services. It is Australia’s largest import source for services and second largest import source for merchandise. The United States is the largest investor in Australia.

According to the Australian Government’s Department of Foreign Affairs and Trade, Australia is the ninth largest provider of foreign direct investment (FDI) in the United States. The United States is one of the top five source countries for visitors to Australia in terms of numbers and expenditure.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


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

“U.S. Port Update: Investing in the Future” will feature a panel of three industry leaders from the East Coast, Gulf, and West Coast discussing their relative challenges and opportunities.

Zebra gains instant access to complimentary technologies. But first, it needs to integrate a former partner that is 2-1/2 times its size.

The U.S. Army Corps of Engineers issued a final Chief’s Report approving the Jacksonville Harbor Deepening Project, clearing the way for congressional authorization in an upcoming Water Resources Development Act.

Logistics Management Group News Editor Jeff Berman recently caught up with Doug Waggoner, CEO of Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services on various topics impacting freight transportation and logistics.

Carloads—at 295,294—were up 7.2 percent annually, and intermodal trailers and containers were up 9.3 at 264,382.

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA