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Slovakia renewed its longstanding trade pact with Cuba last week, hoping to improve its lagging exports, according to newswire service AFP. Over the years, Slovakia helped Cuba build about 40 percent of its power plants. The Eastern European country hopes the renewed trade pact will stimulate exports of transportation and wood cutting equipment to Cub...
The U.S. Senate approved a 10-month extension to the Andean Trade Preference Act on Feb. 28 and rushed the legislation to President Bush's desk for signature. The trade program was set to expire Feb. 29. U.S. businesses warned lawmakers that if the program was allowed to lapse, trade with Bolivia, Colombia, Ecuador and Peru could be disrupted. The ATP...
The Secure Freight Initiative underway at a handful of overseas demonstration ports will provide some technical insight into the effectiveness of systems for automated inspection of all ocean containers. But Congress is likely to incorrectly interpret process achievements as validating a full-scale scanning policy, according to a prominent homeland securi...
The National Customs Brokers and Forwarders Association of America has named Hanan Bedri as education director. Working from the association's Washington office, she will oversee its educational institute department and market certification programs, in addition to developing educational outreach and ensuring the association meets its education and pr...
The falling dollar is putting pressure on all of Asia's export-centric economies -- even the powerhouse behind it all, China. A story in the China Daily Friday chronicled how thin the ice is upon which textile and apparel exporters skate. We keep an average profit margin at about 3 percent from exporting garments, Zhang Yang, a managing director o...
President Bush on Tuesday nominated Paul Schneider to be deputy secretary of homeland security until the end of the administration's term in January. Schneider, undersecretary for management, would fill the post left open by last fall's departure of Michael Jackson. The nomination is subject to Senate confirmation. Source: American Shipper ...
United Kingdom logistics firm TDG plc said Wednesday it has received a takeover offer from Isle of Man-based investment group Laxey Partners Ltd., while also reporting a 4 percent rise in annual pre-tax profit. Laxey, which already owns about 22 percent of TDG's issued share capital, has made an indicative offer of ?.75 ($5.47) per share (less TDG's ?...
The Secure Freight Initiative underway at a handful of overseas demonstration ports will provide some technical insight into the effectiveness of systems for automated inspection of all ocean containers. But Congress is likely to incorrectly interpret process achievements as validating a full-scale scanning policy, according to a prominent homeland securi...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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