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.
01 Apr 2014
Transportation writer Greg Knowler joined the JOC today as senior editor for Asia.
U.S. containerized imports of auto parts in the fourth quarter rose 1.0 percent year-over-year.
01 Apr 2014
Containerized auto parts imported through U.S. ports reached 205,139 TEUs in the fourth quarter of 2013, increasing 1.0 percent year-over-year, according to PIERS, the data division of JOC Group.
31 Mar 2014
It’s not fiesta time for shippers or carriers south of the border — south of the Panama border,
31 Mar 2014
JOC Economist Mario Moreno has lowered his forecasts for the U.S. containerized trade with both coasts of South America.
28 Mar 2014
With nerves fraying about upcoming talks between waterfront employers and the International Longshore and Warehouse Union, with memories fresh of jurisdictional issues that have led to sporadic protests in the Pacific Northwest and with chassis shortages causing long delays at Los Angeles-Long Beach, West Coast ports are as exposed as they’ve been in recent memory.
28 Mar 2014
Staring at an incremental bill for low-sulfur fuel estimated at $75 billion to $100 billion per year for container ships beginning in 2020...
26 Mar 2014
Alan Gersten, who covered maritime and insurance news for the JOC in the 1990s during a long and varied career as a journalist and author, died March 17 from complications of leukemia. He was 72.
25 Mar 2014
DVB Bank, one of the leading financiers to the international transport sector, today posted a decline of almost 12 percent its net income for 2013 as it made record loss provisions for loans to the crisis-hit maritime industry, including container shipping.
24 Mar 2014
Fifteen years after China initiated its “Going Global” strategy, its trade with the major nations of South America has increased rapidly, and China has become an increasingly large purchaser of South American raw materials, and supplier of loans and investment capital.
19 Mar 2014
Japan’s trade surplus with the U.S. narrowed for the first time in 14 months in February on a year-over-year basis, as imports grew at a much faster pace than exports...

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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.