Tag Archives: Trade

When it comes to Exporting – Logistics is Local

According to data from the U.S. Commerce Department, less than one percent of U.S. companies’ export – and of those that do, 58 percent export to only one country, typically to Mexico or Canada.  U.S. businesses’ rate of participation in … Continue reading

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Border Delays Cost US and Canadian Businesses

A study by the departments of economics at Ontario’s University of Waterloo and Wilfrid Laurier University found that border delays cost the U.S. and Canadian economies as much as C$30 billion each year.  The study, “Border Delays Re-Emerging Priority:  Within-Country … Continue reading

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Government Resources for US Businesses Looking to Export

Here’s a startling statistic:  According to the International Trade Administration (ITA), of the more than 30 million small businesses in the United States, less than one percent export to another country.  Of the businesses that do export, 58 percent export … Continue reading

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Canada/European Trade Agreement A Threat to U.S. Businesses?

Talks between Canada and the European Union aimed at reaching a free trade agreement have reached a critical phase, with final sign-offs expected in the coming months.  And while the expected net benefit for Canada could be an economic boost … Continue reading

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Canadian Prices Running Higher than US Prices

A growing sense of angst among Canadian consumers has resulted from an inexplicable rise in consumer goods prices, as compared with U.S. prices.  This glaring price gap – which accounts for brand name products costing as much as 40 percent … Continue reading

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Supply Chains have Enhanced Post-Recession Value Survey Finds

A recent survey of  supply chain and logistics professionals found that 89 percent of respondents believe that the supply chain function has become more important to their organization than it was prior to the recession. The survey, sponsored by logistics … Continue reading

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Canada Gets High Marks from World Bank

Every year, the World Bank releases an “Ease of Doing Business” analysis, which ranks 183 different countries based on certain economic indicators.  In its most recent “Doing Business 2011” report, Canada was ranked number 7 for “ease of doing business,” … Continue reading

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U.S. Customs’ Internal Assessment Program – Right for your Business?

Businesses that regularly import goods into the U.S. face the possibility each year of being selected for a Customs and Border Patrol “Focused Assessment.” What is a focused assessment?  Quite simply, it’s an audit. Each year, CBP selects importers and … Continue reading

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78 Percent of Duty Drawbacks go Unclaimed!

Are you in the habit of allowing the federal government to keep more of your money than is legally necessary?  Well, according to reports, each year the U.S. Customs Border Patrol (CBP) holds as much as 78 percent – a … Continue reading

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Ten Things to Know When Shipping to Canada

U.S. businesses are increasingly realizing the potential of expanding to the Canadian market, where just across our northern border, live 33 million potential customers, and an economy that weathered the recent recession far better than the U.S. did.  But before … Continue reading

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