The latest news and features revolving around evolving customs regulations, global trade, and the services that help global shippers expedite freight through the global supply chain

Trade deficit numbers tell an interesting story

Posted 02/11 · 01:13 PM · LM Editorial
By now, you have probably seen the most recent batch of numbers from the Commerce Department regarding the trade deficit. In short, the data pretty much represents an ongoing trend. Commerce said that the international trade deficit increased 5.9 percent in December 2010, to $40.6 billion, up from $38.3 billion in November. And exports grew 1.8 percent, to $163.0 billion, and imports rose 2.6 percent, to $203.5 billion.

Suez crisis might nix slow steaming

Posted 02/10 · 08:48 AM · SCMR Editorial
A potential closure of the Suez Canal caused by the political unrest in Egypt would have a serious impact on container shipping, note analysts at Alphaliner

Zebra Technologies announces divestiture of Navis

Posted 02/08 · 01:22 PM · LM Editorial
In a development that may signal a shift in global marine terminal operations, Zebra Technologies Corporation announced that it has entered into a definitive agreement to sell its Navis business to Cargotec Corporation.

Jacobson and Rhenus team up for European 3PL partnership

Posted 02/08 · 08:21 AM · LM Editorial
Global third-party logistics (3PL) services provider Jacobson Companies recently announced it has established a strategic partnership with Rhenus Logistics, a European 3PL.

Knock-off goods cost threaten job creation

Posted 02/07 · 02:18 PM · SCMR Editorial
The International Chamber of Commerce released a report at the 6th Global Congress on Combating Counterfeiting and Piracy on last week that reported the global economic and social impacts of counterfeiting and piracy will reach $1.7 trillion by 2015 and put 2.5 million legitimate jobs at risk each yea

High-end counterfeit goods seized at Port of Los Angeles

Posted 02/07 · 02:09 PM · LM Editorial
More than $10 million in counterfeit electronics, stolen merchandise and bank receipts have been recovered as a result of a cargo theft investigation initiated by Los Angeles Port Police.

UPS expands service into Israel and Slovakia

Posted 02/07 · 01:36 PM · LM Editorial
UPS announced earlier today that it has expanded its UPS Express Freight service into Israel and Slovakia. Company officials said that this effort will serve expanding hubs for high-tech, industrial, and automotive shippers.
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New rules for shipping to Canada could impact pallet shipments

Posted 02/04 · 08:27 AM · LM Editorial
A new proposal from the U.S. Department of Agriculture, Animal and Plant Health Inspection Service (APHIS) would remove the exemption from ISPM 15 on wood packaging material moving between Canada and the United States in both directions beginning in 2011.

Port of Long Beach executive director lauds investment

Posted 02/02 · 09:38 AM · LM Editorial
Many shipping analysts suggest that U.S. West Coast ports should be back on their heels when it comes to discussing the Panama Canal expansion. At least one leading port authority disagrees

BTS says surface trade with NAFTA partners up 15.5 percent annually in November 2010

Posted 02/01 · 11:27 AM · LM Editorial
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.5 percent in November 2010 compared to November 2009, increasing to $68.1 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

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