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Global Gateways: Page 105
Fearful of Banking Restrictions, Shipping Lines Stay Away from Iran
Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim agreement between Tehran and the West that called for limited sanctions relief.
Politics Hamper Improving North America's Border Infrastructure
Twenty years after NAFTA, the failure of member countries to invest in adequate border infrastructure is catching up with us. To reverse the drag on our competitiveness, North America needs an infrastructure bank. To this end, Canada should join and lead the transformation of the North American Development Bank.
Retail Imports to Increase 3.5 Percent in May as Port Labor Talks Set to Start
Import volume at the nation's major retail container ports is expected to increase 3.5 percent in May as negotiators prepare to begin talks on a new contract for West Coast dockworkers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Despite Political Tension, March Saw U.S. Imports from Russia Increase
Although tensions are high between the United States and Russia trade has remained consistent. Despite threats of trade sanctions by the United States, U.S. vessel imports from Russia have remained steady. TEUs (twenty-foot container) imports from Russia in March were actually up from February and totaled over 3,000 TEUs. So far in April, imports from Russia have still been consistent to the average volume of the past few months.
April Expected to See U.S. Retail Imports Rise by More Than 6 Percent
Import volume at the nation's major retail container ports is expected to increase 6.1 percent in April, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Emirates SkyCargo Readies Move to Dubai 'Aerotropolis'
The airfreight operations of Emirates Airlines is on track for its move to Dubai World Central (DWC) with the first phase of the building being finished.
Chicago, Miami and L.A. Top List of U.S. Airports Fighting for Air Cargo Business
Top U.S. airports are engaged in a fight for a larger share of the challenged U.S. air cargo market, according to JLL's annual Airport Outlook Report. With world trade growing faster than demand for air cargo, both airports and air carriers face a significant challenge – how can they attract airfreight and fend off competition from other cheaper modes of transport such as intermodal and trucks?
Retail Imports Expected to Rise in March as Retailers Begin Stocking Up for Spring and Summer
Import volume at the nation's major retail container ports is expected to increase 12.4 percent in March as retailers begin to stock up for the spring and the summer season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Pollution Control for Long Beach Cargo Ships Tested
The Port of Long Beach, Calif., will fund testing of a new air pollution-control technology for docked cargo ships, after an agreement approved by the Long Beach Board of Harbor Commissioners.
Retail Imports Expected to Drop in Typically Slow February
Import volume at the nation's major retail container ports is expected to drop 8.4 percent in February from the same time last year as the shipping cycle reaches its slowest month of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
As Cuba's Port of Mariel Becomes Major Hub, Will U.S. Miss Out on Trade Opportunities?
I was privileged to accompany the 2001 U.S. Logistics Leaders delegation to Cuba, and ended up being the expedition's recording secretary. The trip diary outlined our activities and contacts, and plunged into observations about supply chain and logistics conditions in the island nation, an inescapable force in the Caribbean Basin, a significant presence among islands it dwarfed, and with a population of some thirteen million. The trip record was published in The Journal of Business Logistics later that year.
U.S. Container Imports in 2013 Reportedly the Highest in Six Years
U.S. vessel imports were up 3.7 percent from 2012, which totaled over 18.2 million TEUs (twenty-foot containers) brought into the United States last year. U.S. imports in 2013 started off at a slow start but ended with a surprising and unexpected surge from July through December. Annual TEUs haven't been this high since 2007, which is a good sign for a strong recession rebound in the U.S. trade industry. So far in 2014, the first three weeks of imports in January are already 5.2 percent higher than the same time last year.
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