10
October
2006
Here’s the first paragraph from a story in eCargonewsAsia:
Shipper apprehension over possible congestion at major U.S. seaports has been assuaged by a recent trade report. “The system is handling volumes that have never been seen before, thanks mainly to continued growth in the demand for Asian imports,” Global Insight economist Paul Bingham said.
Check out the article at: http://www.cargonewsasia.com/ecna/preview.aspx?article=3109
Posted: International trade, Import Export Statistics, China, Los Angeles, Savannah, Japan, Manufacturing, Maritime
5
September
2006
The U.S. Chamber of Commerce has produced an interesting report about the benefits of international trade to the U.S. business and consumer — everything from price reductions on goods we buy to job creation from increased imports.
“The facts will show,” the chamber’s president and CEO Thomas Donohue writes in an introduction, ”that while some are hurt and should be helped, the overwhelming majority of Americans derive great benefits from global engagement.”
You can take a look at it or download it by clicking here.
Posted: International trade, Import Export Statistics, Trade Deficit, China, Mexico, Manufacturing, Maritime
3
September
2006
If you’re interested in the Panama Cancel, there’s a story worth reading in the New York Times this morning on the proposed widening of the canal, which goes before a referendum next month.
If that referendum fails to pass, the implications are signficant for the global economy. The problem, of course, is that the newer ships — so called post-Panamax — can’t make it through. And bigger ships are on the way.
The Suez Canal is a widely used option for east-west trade but why I am slightly less than comfortable relying on a canal in the Middle East?
Posted: International trade, China, Miami, Manufacturing, Maritime
