U.S. trade agreements on fast track

According to Dan Gardner, Chief Executive Officer, RF International & Ocean World Lines Inc., such a move is long overdue.
image
By Patrick Burnson, Executive Editor
October 03, 2011 - LM Editorial

Reports that President Barack Obama may send free trade agreements with South Korea, Colombia and Panama to Congress for consideration this week will be fully embraced by the logistics community.

According to Dan Gardner, Chief Executive Officer, RF International & Ocean World Lines Inc., such a move is long overdue.

“The weak dollar has been a tremendous advantage for U.S. exporters,” said Gardner in an interview. “And it demonstrates just how much the world wants Amercian products when they become affordable. Having new markets open up for them now could not be better timed.”

The time is good for RF International & Ocean World Lines as well, as it prepares to stage its 2012 Global Trade Symposium in Miami next January.

Through a variety of presentations and panel discussions a distinguished group of senior logistics professionals, carrier executives, government officials, journalists and academics will provide insights into early market indicators for U.S. ocean trade in 2012.

“With an emphasis on shared learning experiences, the dissemination of best-practices and networking, this invitation-only event offers a unique opportunity to gain a comprehensive perspective on the trade patterns that are likely to unfold in the coming year,” said Gardner.

Meanwhile, however, the main focus is on getting new trade agreements inked, he added.

“The layers of compliance complexity will be intense, said Gardner, but the work we are doing to make this happen is well worth it. We see a lot of market opportunities it this hemisphere with Panama and Columbia as real game changers. Our nation’s relationship with Korea has always been strong, of course.”



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

News · Global Logistics · Global · Trade · All topics

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.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA