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
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.
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
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.
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.
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
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.
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.
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.
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
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).