Subscribe to our free, weekly email newsletter!


U.S.-Canada supply chain to be strengthened

By Patrick Burnson, Executive Editor
February 10, 2011

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

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

With an eye on making transportation of crude oil by rail (CBR) and ethanol safer following various tragic accidents over the last year, the United States Department of Transportation yesterday released details regarding its rulemaking proposal designed to improve how large quantities of flammable materials by rail can be moved in a safer manner.

Getting items ordered online to your home on a same-day basis is as important or relevant as it needs to be, and it depends on things like the type of products being ordered and its relative urgency as well. This was put into better perspective for me during a recent conversation I had with Dr. Victor Allis, CEO of Quintiq, a supply chain vendor specializing in a single optimization and planning platform.

Diesel prices dropped for the third straight week, with the average price per gallon seeing a 2.5 percent decline to $3.869 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

Seasonally-adjusted (SA) for-hire truck tonnage in June dropped 0.8 percent on the heels of a revised 0.9 percent (from 1.0 percent) increase in May and was up 2.3 percent annually.

Even as Congress was putting the finishing touches on a 10-month short-term funding extension to the federal aid highway bill that temporarily averts a funding crisis, Transportation Secretary Anthony Foxx was ripping the measure as a short-term “gimmick” that once again fails to adequately fund U.S. infrastructure needs in the long run.

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