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Sens. Hillary Clinton and Barack Obama said in their presidential debate last night that they would withdraw from the North American Free Trade Agreement if Canada and Mexico didn't agree to renegotiate the 15-year-old trade pact. NAFTA lowered cross-border tariffs and led to a huge boom in trade between the three neighbors, but critics have complaine...
China's trade surplus with the rest of the world increased to a record level in 2007, despite the rising value of China's currency and efforts by the country's central government to curb exports. In fact, the divide grew by more than 47 percent, with China's exports surpassing its imports by $262 billion. Exports, which totaled $1.2 trillion, were up ...
Cuba’s massive potential as a Caribbean transshipment hub will depend just as much on who is the next U.S. president as it will on potential reform of the communist state post-Fidel Castro, said Michael Roberts, a partner in the Washington office of law firm Venable LLP. U.S. law (Helms-Burton) prohibits opening relations with Cuba until a democratic ...
Trucking and cross-border trade policy veteran Sandra Scott has joined TradeMerit Corp., a Canadian logistics software integrator, as vice president of business development in the United States. Scott worked more than 26 years for YRC Worldwide, the nation's largest less-than-truckload carrier, and its predecessor Yellow Corp. before retiring in May 2...
The Beacon Group, a supply chain and facility services company, said it has acquired List Logistics & Distribution, a third-party logistics and distribution provider. Terms were not disclosed. Tewksbury, Mass-based Beacon will take control of all of List's assets and real estate and has formed a wholly owned subsidiary to be named BPL - Beaco...
The Bush administration on Feb. 19 signed a bilateral investment treaty with Rwanda. This is the first bilateral investment treaty (BIT) between the United States and a sub-Saharan African country since 1998. Similar treaties exist with Cameroon, Congo, Mozambique and Senegal. The United States-Rwanda BIT will reinforce the Rwandan government's ac...
The European Union's Ambassador to the United States, John Bruton, Thursday warned that the recently passed legislation calling for 100 percent scanning of inbound U.S. container by July 2012 will result in less trade between the two continents. During a visit to Baltimore on Wednesday, Bruton claimed the law is unfair as its does not require containe...
India's finance officials on Thursday approved a $125 million subsidy package for the country's exporters who have taken a hit on orders as a result of the falling dollar and rising rupee, the Times of India reported. India's currency has appreciated roughly 12 percent against the dollar over the last year, hurting the viability of the country's produ...
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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