Subscribe to our free, weekly email newsletter!



Balanced Trade on the Horizon?

image
By Patrick Burnson, Executive Editor
June 17, 2010

While most shipping analysts maintain that the undervalued Chinese Yuan should still be a concern for U.S. exporters, there are those who say that surging demand may make it less of an issue in the near future.

According to Walter Kemmsies, chief economist at Moffatt & Nichol engineers, China’s appetite for our raw commodities will drive a more sustainable and balanced trade relationship.

“China will soon have problems feeding its growing population,” Kemmsies, told shippers attending the annual conference of the Agriculture Transportation Coalition in San Francisco last week. “They will rely increasingly on our ability to get them these goods.”

Younger populations elsewhere in Asia will also drive U.S. food exports, said Kemmsies, and that will be reflected in more outbound containerized shipments. If this country is to finally come out of its deep recession, Ag exports must be a key and lasting component.

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

Last year at this time, retailers were relieved to learn that a tentative agreement on a new labor contract had been reached by dockside labor and management on the U.S. East and Gulf coasts. But not without considerable blood on the floor.

The National Retail Federation is encouraging maritime management and the union representing dockworkers along the U.S. West Coast ports to expedite pending contract negotiations and reach agreement on a new deal well in advance of the expiration of the current contract this summer.

SAP AG announced the availability of a new application to help centralize processing trade activities, SAP Global Trade Services, processing trade in China. 



Did you know that Supplier Portals can help companies reduce risk, improve compliance and enhance product availability? Download Amber Road's latest research report featuring research from Gartner.

Problem: In the margin-challenged consumer goods industry, your supply chain is under constant pressure to cut costs and maintain customer service and visibility. Solution: By breaking through silos and viewing the supply chain holistically, companies like yours are reducing supply chain costs by an average of 10% to 20%.

Article Topics

Blogs · 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