Trade Connections
Intcomex, Demetech, DHL see import-export opportunities in Latin America and beyond
Houston’s strengthening trade ties with Latin America is concerning to those who bank on Miami’s dominance in the region. However South Florida’s world trade is on the rise in 2012 and a gathering of executives with business interests throughout Latin America say Miami remains well positioned to grow. “There is a growing trend within…
Read MoreGlobal manufacturing could migrate from China back to the U.S., Mexico, argues Texas A&M’s Lawrence
The cost of manufacturing products abroad and the shipping them to their destination, combined with renewed scrutiny on Chinese manufacturing could alter the face of global manufacturing, logistics and retail in the coming the years. So argued F. Barry Lawrence, a professor of industrial distribution and director of the Global Supply Chain Laboratory at Texas…
Read MoreChina to play an important, but changing role in world trade in 2012, according to TD Bank’s Dan Fisher
The United States’ trade with the world has recovered the losses of the global economic meltdown, but how goods move and are financed is changing and will continue to do so in the future. Dan Fisher, director of global trade finance for North America for TD Bank, outlined some of the recent changes in trade…
Read MoreCargo carriers hunt creative ways to cut costs and provide better service
Despite rising trade between Costa Rica and the United States, regulatory pressures, consumer demand and the rapidly changing global economy are forcing companies across the supply chain to rethink the way they do business. By Zachary Fagenson Managing Editor Twitter | Facebook | LinkedIn “There is a constant pressure on the [shipping] cost and…
Read MoreLatin America remains strong as companies look to expand import-export businesses in South Florida
Though the South Florida economy remains weakened by the recession, international trade, one of the region’s top economic drivers, is stronger than ever. That was the message delivered by Tony Ojeda, executive director of Miami-Dade’s Office of Economic Development and International Trade. Ojeda kicked off WorldCity’s Trade Connections meeting on May 10, held in partnership…
Read MorePanama Canal expansion potentially a ‘game changer’ for Miami, South Florida
The expansion of the Panama Canal will be a “game-changer” for world trade, and the U.S. east coast will gain by hosting giant ships that will soon be able to cross the passageway from Asia. The biggest winners will be those coastal areas that can dredge their ports deep enough to hold the megaships and…
Read MoreU.S. trade tops $3 trillion in 2010, nearing 2008 record
U.S. trade topped $3 trillion in 2010 for the first time since 2008, recovering much but not all of the ground lost to the global recession, according to WorldCity analysis of Census Bureau data released today. U.S. trade with the world was up 21.9 percent in 2010 to $3.2 trillion, but it remained 5.9 percent…
Read MoreEgypt No. 1 buyer of U.S. tanks, big buyer of corn, soybeans
Egypt bought more U.S. tanks, armored vehicles and parts than any nation in the world in the first 11 months of 2010, accounting for more than one third of all exports and more than twice as many as No. 2 Israel. Egypt, as has been widely reported during the largely peaceful protests over the three-decade…
Read MoreEven with record trade, doubling exports a tall challege for South Florida
South Florida is poised to set a new record for exports in 2010 and again in 2011, thanks to surging economies in Latin America, home to many of the area’s top trade partners. Peter Quinter, leading international trade attorney, spoke at the WorldCity event. But even so, it will be tough for South Florida to…
Read MoreChile provides half of U.S. copper imports
More than half of all the copper imported into the United States comes from Chile, the country whose dramatic rescue of its miners has had the world transfixed for days. The United States has imported $1.38 billion in copper from the mineral-rich South American nation through the first seven months of 2010, according to WorldCity…
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