Subscribe to our free, weekly email newsletter!



World Trade requires timed legislation

But is it too little, too late?
By Patrick Burnson, Executive Editor
August 12, 2010

Shippers are praising President Obama for signing the U.S. Manufacturing Enhancement Act of 2010 (H.R. 4380).

But is it too little, too late?

The National Association of Manufacturers (NAM) President and CEO John Engler says the bill will provide a needed boost to both large and small companies.

“The NAM has been working relentlessly to educate Congress on the importance of this bill and how it will preserve and expand good American jobs,” he said. “This legislation will also cut the costs of doing business in the United States and boost American manufacturing exports. In fact, studies show that these provisions can increase production by $4.6 billion and support almost 90,000 jobs.”
Today’s news that exports decreased in June further illustrates why action is needed now, added Engler.

Recently, the NAM released a “Manufacturing Strategy for Jobs and a Competitive America,” which outlines a comprehensive plan for increasing exports and growing manufacturing in the face of unprecedented global competition. It sets high goals and calls for action on policies such as tax, trade, energy, infrastructure and regulation.

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

Phoenix-based Knight Transportation, one of the top and most profitable truckload companies said this week it has acquired Barr-Nunn Transportation, a dry van truckload carrier based near Des Moines, Iowa.

A weak fourth quarter growth forecast is on the horizon for ocean container volumes in Northern Europe, according to the most recent edition of the Global Port Tracker report from maritime consultancy Hackett Associates and Institute of Shipping Economics and Logistics.

3PL makes its first acquisition in its 85-year history with purchase of the Southeast and Northeast regional hubs of Bloomington, Indiana-based 3PL Nexus Distribution Corporation.

Jacksonville, Fla.-based Florida East Coast Railway (FECR), a 351-mile freight rail system on the state’s east coast, recently made two separate announcements. One had to do with an expansion of intermodal services between Charlotte, N.C. and various locations in South Florida and another was related to the company boosting its intermodal capacity through the addition of new equipment.

The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.

Article Topics

Blogs · Manufacturing · Trade · Exports · Imports · 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