Subscribe to our free, weekly email newsletter!


International Trade & Logistics: U.S. Dept. of Commerce Enhances Haitian Relief Supply Chain

By Patrick Burnson, Executive Editor
June 02, 2010

U.S. Commerce Secretary Gary Locke met late last week with representatives from key U.S. apparel importers and retailers, including J.C. Penney, VF Americas and Polo Ralph Lauren, at the Commerce Department to discuss trade benefits created by recently passed legislation designed to help U.S. companies increase their apparel sourcing from earthquake-stricken Haiti.

The apparel sector has the greatest potential to generate jobs relatively quickly and boost Haiti’s economic recovery, and it’s a critical component of the Haitian economy, constituting more than 80 percent of Haitian exports to the United States and employing more than 25,000 workers. Just four months after January’s earthquake, Haitian manufacturers are up and running, operating at more than 90 percent capacity.

“Trade benefits between Haiti and the United States were significantly expanded this week when President Obama signed the Haiti Economic Lift Program, known as ‘HELP,’” Locke said. “These benefits will encourage investment in, and sourcing from, Haitian apparel producers, helping to build an economically sustainable Haiti.”

Commerce has a lead role in the administration’s strategy to assist the people of Haiti and has been instrumental in connecting businesses in the U.S. with opportunities to help in the rebuilding of the Haitian economy. On June 7, Commerce will host a Haiti Reconstruction Forum in Philadelphia to provide information on opportunities for U.S. businesses wanting to contribute to the country’s recovery. On June 10-11, Commerce will co-host “Building a New Haiti: Business, Commerce and Investment,” a forum in Port-au-Prince, Haiti, to share ideas and information about Haitian reconstruction, recovery strategies and programs. Similar events held in Washington, D.C.; New York, N.Y.; and Miami, Fla.; attracted more than 800 participants.

Rick Wade, senior adviser and deputy chief of staff to Locke, is heading the department’s Haiti business outreach and joined Locke in today’s meeting. Wade attended all three recent conferences and plans to participate in the upcoming June events as well.

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

The PMI, the ISM’s index to measure growth, increased 1.8 percent to 57.1 in July. This is 1.8 percent higher than the 12-month average of 55.3. The PMI has grown in 18 of the last 20 months, with economic activity in the manufacturing sector expanding for the last 14 months as the overall economy was up for the 62nd consecutive month.

YRC Worldwide, whose regional and long-haul units provide the second-largest LTL capacity in the trucking industry, narrowed its second-quarter loss to $4.9 million on $1.32 billion revenue, compared with $15.1 million loss on $1.24 billion revenue in the year-ago quarter.

With NFL training camps in full swing, it stands to reason that Congress must be replete with football fans, given how it basically has elected to punt on federal transportation funding yet again, with the Senate yesterday signing off on a ten-month bill to keep federal surface transportation funding intact through May 2015 through a nearly $11 billion stopgap measure.

Carload volumes were up 4.3 percent at 306,988, and intermodal volume for the week ending July 26 was up 3.3 percent at 264,809

Lyon, France-based Norbert Dentressangle, a $5.5 billion global third-party logistics (3PL) services provider focused on global logistics, transport, ocean, and air services, said today it has acquired Des Moines, Iowa-based Jacobson Companies, a value-added warehousing (VAW) company, for $750 million from private equity firm Oak Hill Capital Partners.

Article Topics

News · 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