Subscribe to our free, weekly email newsletter!



APEC Forum yields more good news for U.S. exporters

By Patrick Burnson, Executive Editor
November 16, 2011

The National Foreign Trade Council is among those groups now praising the progress made at Asia-Pacific Economic Cooperation (APEC) forum this week on investment in environmental goods and services

Vice President Jake Colvin is commending leaders for committing to a set of policies that will encourage green growth and development across APEC member economies.

NFTC is particularly pleased by the commitment to reduce by the end of 2015 applied tariff rates to 5 percent or less on an APEC list of environmental goods, and encourage leaders to make clear the importance of developing a robust and concrete list of those goods in 2012.

This position should resonate with our readers who are hoping to catch a piece of the forecasted surge in U.S. exports:

“NFTC is also gratified to see leaders pledge to eliminate existing local content requirements that distort environmental goods and services trade in the region by the end of 2012, and refrain from adopting new ones.

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

Flags of Convenience are a fact of life in the commercial maritime trade, but several European political action groups are worried that they will pose a threat to the Continent’s air cargo industry.

For May, which is the most recent month for which data is available, the SCI is -7.5, following April’s -7.5. FTR said this reading represents a still-tight capacity environment, as utilization rates hover between 98 percent and 99 percent.

With a 1.1 cent drop to $3.858 per gallon, this follows declines of 2.5 cents, 1.9 cents, and 0.7 cents over the previous three weeks, with the cumulative four-week decline at 6.2 cents.

Second quarter revenue for transportation and logistics titan UPS headed up 5.6 percent annually at $14.3 billion, while operating profit sank 57.1 percent to $747 million. Quarterly net income fell 57.6 percent to $454 million.

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.

Article Topics

Blogs · Global · Global Trade · Trade · All topics

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