Australia-U.S. Trade Addressed by Upstart Freight Forwarder

By Patrick Burnson, Executive Editor
July 29, 2013 - SCMR Editorial

American Worldwide Agencies (AWA), a global network of freight forwarders and agents based in Long Beach, recently announced that it has grown exponentially since launching its service last year.

The core markets addressed by the forwarder are in the U.S., Australia, and New Zealand. This niche, said is AWA, is huge, but underdeveloped.

“Australia’s growth certainly looks promising as it works to control its spending and cost of living,” noted AWA CEO Andrew Scott in an interview. “In fact, Australia’s economy will likely grow stronger with the recent AUD drop of 10% and it will need to adjust even more to be in line with the global markets.”

According to Scott, the region’s mining boom on exports will help, but it is having an effect on importers.

“As Australia’s population expands, they are sourcing more and more goods from the U.S. and other regions so the supply chain is key,” he said.

AWA’s “Aussie-One” is designed bring together an in-depth knowledge and understanding of the markets supported by a team of regional experts who provide a full scope of services on both ends, Scott added. 

He observed, for example, that Perth to Sydney is the equivalent of Los Angeles to Atlanta in distance, “but with a much smaller population and challenging layers of infrastructure to maneuver through.”

The United States is Australia’s fifth largest merchandise export market and our most important market for services. It is Australia’s largest import source for services and second largest import source for merchandise. The United States is the largest investor in Australia.

According to the Australian Government’s Department of Foreign Affairs and Trade, Australia is the ninth largest provider of foreign direct investment (FDI) in the United States. The United States is one of the top five source countries for visitors to Australia in terms of numbers and expenditure.



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

ISI is comprised of Integrated Services, ISI Logistics and ISI Logistics South and is focused on the warehousing and transportation needs of automotive shippers. RRTS said that in 2013, Integrated Services generated revenues of approximately $21 million adding that Integrated Services is expected to be accretive to Roadrunner’s earnings in 2014.

The market for supply chain management software continues to expand, highlighting the importance of software in today’s supply chains.

Amid the talk and coverage about things negatively impacting the trucking industry like increasing regulations, tight capacity, and equipment-related issues and challenges, there is one thing to always remember about the sector: it moves a lot of freight, make that more than a lot, actually.

In an effort to increase territorial coverage, improve transit time, and augment service quality in Brazil, UPS recently announced it has made significant service expansions with the opening of nine new operating facilities in the state of São Paulo.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.