National Export Initiative
 May Create New Compliance Challenges

It’s worth the diligence if you are not certain,” said Dan Gardner, chief executive officer of Ocean World Lines
.
By Patrick Burnson, Executive Editor
November 21, 2011 - SCMR Editorial

Although most U.S. exporters may not need specific licenses to take part in the President’s
 National Export Initiative (NEI), determining if that is the case can be very expensive.

“But it’s worth the diligence if you are not certain,” said Dan Gardner, chief executive officer of Ocean World Lines
(OWL), a global, single-source NVOCC (non-vessel operating common
carrier) and subsidiary of Pacer International.

In an interview with SCMR, he said that a few new “bombshells” may be introduced by regulatory agencies before the initiative gets fully underway.

“This is a particular concern for shippers of ‘dual use’ products,” he said. “A technical piece of equipment might have both a industrial and military application. If that’s the case, it’s important that the shipper knows how to properly apply for a license.”

OWL announced that
it will host a Global Trade Symposium in Miami, Jan. 18-20, to
discuss the prospects for U.S. import/export trade in 2012.

The
 Symposium also will encourage goals of the NEI, a program launched in January of 2010 by President Obama, to
double exports by the end of 2014 as a means of boosting sales for
 American companies and creating new jobs.



The Symposium will feature a variety of presentations and panel
discussions by a distinguished group of senior logistics
professionals, including ocean carrier executives from Maersk Lines,
Cosco, OOCL and Evergreen; large exporters; government officials;
journalists; and academics.

Topics will include outlooks for specific
trade lanes, import/export case studies, technology applications and
other issues of concern to importers and exporters of all sizes.




“We believe deeply that exporting can create jobs and stimulate the
economy, and we want to make a contribution,” Gardner said.
“A lot of work has been done by the Small Business Administration,
Department of Commerce, and Ex-Im Bank, but the government cannot go
it alone. Helping to grow international trade is the right thing to 
do and it offers an exit from the financial crisis, which is why we
are organizing this event.”





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

The ongoing conflict between the Port of Los Angeles and the American Trucking Association may be finally drawing to a close.

Officials said that the contract between the companies is a long-term agreement at competitive market rates, adding that it encompasses the intermodal operations of APL, as well as those of APL Logistics’ auto-related activities in North America.

Logistics Management Group News Editor interviewed Bradley S. Jacobs, chairman and CEO of XPO Logisitcs about XPO's fourth quarter earnings and the company's growth and acquisition strategies.

MNX said that its acquisition of the Same Day Express/Next Flight Out business of AirNet will strengthen its global operations

Following a nearly 9 cent bump during the week of February 13, the price per gallon of diesel headed up 1.7 cents this week to $3.96 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

Comments

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