International Trade News

International trade is the movement of goods from country to country, whether through bilateral or multinational free trade agreements. Measured through trade data supplied by numerous groups, including the U.S. Census Bureau’s Foreign Trade Division, international trade is accomplished through a variety of trade finance mechanisms, including letters of credit and loan guarantees through the U.S. Export-Import Bank and other global facilities.

News & Analysis

10 Jul 2014
With West Coast longshore contract negotiations still underway, U.S. retailers expect to bring in record levels of merchandise this month to protect against supply chain disruptions, pushing up container import projections for the first half of the year.
09 Jul 2014
Less than five miles from the U.S. Capitol, southwest Washington, D.C., residents are waging a fierce fight against CSX Transportation’s plans to rebuild and expand a tunnel to allow the double stacking of containers.
09 Jul 2014
Maersk Line said its customers face an additional charge of between $50 and $150 per 40-foot container on North American and North European routes that will be affected by new low-sulfur fuel limits that come into force in January.
08 Jul 2014
After seven years of tough negotiations, Tokyo and Canberra signed a free trade agreement on July 8.
Shenzhen
08 Jul 2014
China’s slowly but steadily improving exports trade continues to push container traffic through the country’s top ports, with June throughput growing 7.8 percent year-over-year and fueling optimism that the foreign trade recovery will extend into the second half of the year.
08 Jul 2014
A Nicaraguan government committee today approved the route of a proposed $40 billion canal project that will bisect the country and rival the Panama Canal waterway linking the Pacific Ocean and the Caribbean.
04 Jul 2014
A decade after its signing, and five years after full implementation, the Central America Free Trade Agreement may not have transformed Central America into the powerhouse of textile and apparel trade forecast by some optimists, but it has facilitated significant growth in that sector of the region’s economy, along with diversification into other sectors.
Cotton harvesting in Texas. Source: USDA, ARS. Photo by David Nance.
03 Jul 2014
The widening of the Panama Canal could eventually lead to a 90 percent increase in cotton exports for U.S. South Atlantic and Gulf Coast ports, and a 66 percent reduction in cotton exports through West Coast ports.
02 Jul 2014
A major Tokyo-based research firm has painted a grim picture of Japanese container trade in the current fiscal year that started on April 1, citing weaker exports and imports than previously thought.
Question mark with Chinese flag elements within it
29 Jun 2014
Forwarders shipping goods via Shanghai are trying to decipher China Customs’ 24-Hour Advance Manifest (CCAM) regulations that either were implemented on June 3, will be implemented on June 28 or July 1, or will be strictly enforced from October 1, depending on the source.
U.S.-Mexico cross-border trade by truck
27 Jun 2014
While trucking companies have been complaining about a major imbalance between the U.S. and Mexico for months, data from the U.S. Bureau of Transportation Statistics suggest just how big the imbalance might be.

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Commentary

JOC economist Mario O. Moreno updates his projections regarding U.S. containerized trade with South America.