International Trade News
News from the Last 30 days
Ties That Bind: Sewing Up U.S.-Canada Trade
2010-09-02 - InboundLogistics.com While security inspections and heavy traffic might needle shippers, new infrastructure projects could help keep cross-border trade from unraveling.
BTS Releases North American Surface Trade Numbers for June
2010-09-02 - Canadian International Freight Forwarders Association Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 37.6 percent higher in June 2010 than in June 2009, reaching $69.9 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
WTO - Trade Value Still Up By About 25% in the First Half of 2010
2010-09-02 - Canadian International Freight Forwarders Association The value of world merchandise trade rose around 25% in the first six months of 2010 up strongly from the same period of 2009.
New Lacey Act FAQ on "Importer of Record" and CHB Responsibilty for Paper Declarations
2010-09-02 - International Trade Today by Broker Power The Animal and Plant Health Inspection Service has added a new question and answer to its Lacey Act Amendment frequently asked questions (FAQs) document on the responsibilities of Importers of Record and Customs brokers for paper Lacey Act declarations (Plant and Plant Product Declaration Form, PPQ Form 505).
Port Congestion Could Resume in Some Sectors
2010-09-01 - Canadian International Freight Forwarders Association With global container volume forecast to increase by strong single digits annually in the next five years, port congestion could once again become a problem, reports the Journal of Commerce.
CBP Discusses Plans for Single Partnership, Entry, and Financial Account Management Project
2010-09-01 - International Trade Today by Broker Power On August 25, 2010, U.S. Customs and Border Protection held a webinar on Management by Account during which it announced that it is working on several high impact projects to enable it to pursue an account based approach to doing business.
USTR Confirms Sept. 1 Date for Eliminating Import Duty on Canadian Softwood Lumber
2010-08-30 - WorldTrade\INTERACTIVE The Office of the U.S. Trade Representative has issued a notice confirming that as of Sept. 1 it will stop collecting an additional 10% import duty on certain softwood lumber products from the Canadian provinces of Ontario, Quebec, Manitoba and Saskatchewan.
Proposals to Toughen AD/CV Enforcement Could Raise Prices of Imports from China
2010-08-27 - WorldTrade\INTERACTIVE The Department of Commerce announced Aug. 26 that it will roll out this fall a series of 14 proposals designed to strengthen the enforcement of antidumping and countervailing duty orders.
Canadian Railway Carloadings June 2010
2010-08-26 - Canadian International Freight Forwarders Association The volume of cargo carried by Canadian railways increased in June, as both commodity loadings in Canada and traffic received from the United States increased. Total freight traffic originating in Canada and received from the United States increased by 11.2% from June 2009 to 24.4 million metric tonnes in June. Compared with June 2009, freight loaded in Canada rose 8.2% to 21.8 million metric tonnes in June. The Canadian railway industry's core transportation systems, non-intermodal and intermodal, both contributed to the rise in cargo loaded.
Canada to Begin Collecting 10% Softwood Lumber Duties Sept 1
2010-08-26 - International Trade Today by Broker Power Canada's Gazette has published an order stating an additional 10% charge on the export of softwood lumber products originating in Ontario, Quebec, Manitoba or Saskatchewan will begin on September 1, 2010.