In May, India’s exports were valued at $24.5 billion, falling 1.1 percent from $24.8 billion in the same month in the previous year, and imports were valued at $44.6 billion, rising 7.0 percent from May 2012’s $41.7 billion...
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.
Press Releases
News & Analysis
17 Jun 2013
Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 121,529 metric tons of cargo and mail in May, down 1.5 percent compared with May 2012.
17 Jun 2013
U.S. containerized exports could exceed imports during certain months as soon as 2016 and on an annual basis by 2020, Walter Kemmsies, chief economist at Moffatt & Nichol, told the annual meeting of the Agriculture Transportation Coalition.
17 Jun 2013
Containers of footwear imported through U.S. ports jumped 14 percent year-over-year in the first quarter of 2013, the largest increase since fourth quarter 2010, according to data from PIERS, a JOC sister company.
16 Jun 2013
The Indian government on Friday approved a proposal to delegate more project approval authority to the Ministry of Road T
13 Jun 2013
The Nicaragua National Assembly has ratified the government’s commercial agreement with HKND Group to develop the Nicaragua Canal and Development Project.
13 Jun 2013
The American Trucking Associations has applauded the U.S. Supreme Court’s decision today to reject two concession requirements in the Port of Los Angeles’ clean-trucks program.
13 Jun 2013
The U.S. Supreme Court Thursday struck down two more concession requirements in the Port of Los Angeles clean-trucks program, further weakening the ability of a port to regulate harbor trucking for environmental or other goals.
13 Jun 2013
APM Terminals officials have met with Olusegun Aganga, Nigeria’s minister of industry, trade and investment, along with a delegation of government officials and advisers, continuing talks on infrastructure investment to enhance Nigeria's logistics capabilities.
12 Jun 2013
“Strong demand” for Transportation Investment Generating Economic Recovery grants continues as the number of applications has once again surpassed available funding, according to Ray LaHood, U.S. transportation secretary.
12 Jun 2013
The Port of Seattle and Port of Tacoma in Washington, along with British Columbia’s Port Metro Vancouver, have set collective goals to reduce diesel emissions by 75 percent per ton of cargo by 2015 and by 80 percent by 2020.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
Infrastructure’s Rallying Cry