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

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.

U.S. Carloads were up 0.3 percent annually at 290,963, and intermodal at 260,893 containers and trailers dropped 2.4 percent compared to the same week last year.

Researchers say the ships are operating in international waters with a "worrying lack" of regulation, adding that they could pose a threat to regional peace and stability.

Compared to November, spot market freight volume was up 3.0 percent, according to the DAT North American Freight Index.

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