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

23 Apr 2014
The Port of Houston Authority has received a U.S. Army Corps of Engineers draft permit for deepening the port’s Bayport terminal channel, and it said it expects soon to receive a similar permit for its Barbours Cut terminal.
Car parts: gears
23 Apr 2014
In the mature and stable, some would say boring, trans-Atlantic trade, one category of containerized shipments is booming. The volume growth of U.S. auto exports and auto parts imports ranks first among the top five commodities shipped.
22 Apr 2014
Japan’s containerized cargo trade will remain almost unchanged in fiscal 2014, which started on April 1, from the previous fiscal year, a Tokyo-based research firm predicted in a new report.
21 Apr 2014
Japan’s trade surplus with the United States narrowed for the second month in a row in March on a year-on-year basis, as imports surged at a much faster pace than exports, according to preliminary figures released by the Finance Ministry.
Wine imports constitute the largest U.S. import commodity by volume from the Mediterranean and southern Europe.
21 Apr 2014
Container ships are running full on the westbound trans-Atlantic as shippers scramble to complete their annual contract negotiations with carriers at a time when the new P3 Network and other expanding alliances have not yet finalized their new service schedules.
A field of sunflowers in Ukraine.
21 Apr 2014
The Russian invasion of the Ukrainian province of Crimea is shining a spotlight on the economic vulnerability of its smaller neighbor.
18 Apr 2014
U.S. agricultural shippers say requirements by Japan, the European Union, and China for advance submission of cargo documents are creating a trade barrier for U.S. exports of perishable goods.
17 Apr 2014
The rise in labor costs in China and other countries has led to the inclusion of more countries in the global supply chain, but a Standard Chartered report argues that the pace of manufacturing’s migration to lower-cost countries will be slow, especially for higher-value goods.
16 Apr 2014
The Port of Jacksonville is poised to get the congressional go-ahead to deepen its harbor in order to handle larger container ships, after the U.S. Army Corps of Engineers completed a needed report.
U.S. containerized imports, March 2013 to March 2014
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
10 Apr 2014
The number of foreign trade containers handled by the Port of Osaka in western Japan rose to a new record high in 2013, according to preliminary figures from the Osaka municipal government.

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Commentary

As much of North America thaws out from a brutal winter, the burning question in freight transportation is whether the heavy congestion experienced in many areas was solely a weather-related phenomenon or whether limits in transportation capacity are finally starting to be revealed.

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