U.S.-Canada supply chain to be strengthened

President Obama and Canada’s prime minister, Stephen Harper issued a joint statement reconfirming their support of new and existing trade initiatives.

By ·

President Obama and Canada’s prime minister, Stephen Harper issued a joint statement reconfirming their support of new and existing trade initiatives.

“Beyond the Border: A Shared Vision for Perimeter Security and Economic Competitiveness,” released late last week noted that the U.S.-Canada Free Trade Agreement and the North American Free Trade Agreements need to be extended and strengthened.

Over $250 billion of direct investment by each country in the other, and bilateral trade of more than half-a-trillion dollars a year in goods and services create and sustain millions of jobs in both our countries, observed President Obama.

“At the U.S.-Canada border, nearly one million dollars in goods and services cross every minute, as well as 300,000 people every day,” he added.

While most of the President’s declaration concentrated on security, he did make significant mention of other elements in the cross-border supply chain.

“We will focus investment in modern infrastructure and technology at our busiest land ports of entry, which are essential to our economic well-being,” he said. “We will strive to ensure that our border crossings have the capacity to support the volume of commercial traffic inherent to economic growth and job creation on both sides of the border.”

This comment will resonate with many NAFTA analysts.

“Any global trade issues tend to increase government scrutiny, which results in more delays,” said Beth Peterson, president of BPE, Inc. in San Francisco. “Most companies don’t even have visibility to the fact that they are having issues, so they don’t even know they need to fix anything.”

The President said that risk management practices will be enhanced, and that a bi-national port of entry committee will be coordinating, planning and funding, building, expanding or modernizing shared border management facilities and border infrastructure “where appropriate.”

He added that the government will be also be investing in information technology solutions.


About the Author

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 [email protected]

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!

Latest Whitepaper
Revisiting Supplier Relationship Management to Boost Real Value in the Supply Chain
Supplier relationship management (SRM) initiatives are on the rise, and companies who successfully implement these programs can realize a significant return on their technology investments.
Download Today!
From the May 2017 Issue
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management, but what sort of technologies fall under these broad terms, and how will they change the management capabilities at our disposal? To find out, we talked to some noted supply chain analysts, consultants and technology executives and gathered six digital trends to watch.
Transportation Trends and Best Practices: The Battle for the Last Mile
2017 Technology Roundtable: Are we closer to “Intelligent” Logistics?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Going Beyond Rate Negotiations for Logistics Cost Savings
The pressure to reduce cost is a fundamental part of every organization today leaving many supply chain professionals constantly renegotiating rates. This webcast examines four areas that may hold untapped savings potentials and even help organizations negotiate better rates.
Register Today!
EDITORS' PICKS
The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...

LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...