Archive | BREAKING NEWS RSS feed for this section

Europe leads the global pulse food revolution

23 Feb

February 22, 2018 – As reported by the Midwest Shippers Association here in the Heartland earlier this week: “While the growth in pulse consumption (edible seeds from legumes) is a global consumer trend, Europe is leading the way when it comes to new pulse products coming into the global food market, according to new market […]

Get training in global logistics & trade compliance

19 Feb

February 18, 2018 – This Minnesota training seminar takes place Wednesday, March 14th at Crave West End in the Twin Cities. Training includes by Knowledge Logistics Consulting will lay out best practices in the global transaction of goods to minimize risks, demonstrate compliance and make better business decisions. Since logistics costs make up between 10 […]

In-Depth Incoterms and L/Cs conference in Sioux Falls

7 Feb

February 6, 2018 – The South Dakota International Trade Center in conjunction with other international organizations will present this full-day live or live-stream webinar on Wednesday, February 28th in Sioux Falls, SD. Denver’s Roy Becker will present the Importance of Sales Terms – Incoterms – in the morning session, and Laura Pederson, former Global Banking […]

Mexican presidential favorite looks to tighten government ownerships

3 Feb

February 2, 2017 – Reuters is reporting that the leading candidate for Mexico’s presidential election, Andres Manuel Lopez Obrador, reiterated on Thursday his pledge to review oil contracts if elected, a day after the most successful auction since a landmark energy opening was finalized in 2014. In a reversal of the Nieto liberalization, policies, Lopez […]

January exports accelerate at a blistering pace

2 Feb

February 1, 2018 – The Institute of Supply Management’s (ISM) New Export Orders Index delivered a torrid 59.8 percent in January, an increase of 2.2 percentage points when compared to the 57.6 percent reported for December, indicating growth in new export orders for the 23rd consecutive month. Exports achieved their highest expansion since April 2011, […]

Walmart signs online grocery deal with Japan’s Rakuten

31 Jan

January 30, 2017 – BBC News reports that “the US retail giant Walmart (Bentonville AR) will team up with Japan’s Rakuten to launch a new online grocery delivery service. Customers will place orders through Rakuten, which will then be fulfilled by the joint venture. The operation – to launch later this year – will replace […]

Omaha conference to explain blockchain technologies and cryptocurrencies’ impact on international business

27 Jan

January 26, 2018 – This February 15th conference explores how blockchain is being used from product and payment traceability with discussions covering international and regional use cases and global best practices in blockchain implementations. Presented by the Midwest International Trade Association (MITA), it will also offer a closer look at the rapidly evolving world of […]

Elections in Latin America and their impact on business

26 Jan

January 25, 2018 – The Minnesota Trade Office will present a March 9th seminar to learn how election outcomes, as well as economic, social and political trends in the region, can affect the business climate in this global market. This year brings the busiest – and most consequential – series of national elections in Latin […]

Gauging Kansas City’s growing marine highway

23 Jan

January 22, 2017 – Kansas City’s river port re-opened some ten years ago. Since then shipping through the port has increased steadily. On Friday, January 26th, the International Trade Council (ITC) of Greater Kansas City hosts a breakfast forum on the port’s growing successes. Two of the key components of the presentation are: • The […]

Arkansas governor pushes for NAFTA as critical to the state’s economy

18 Jan

January 17, 2018 – The governor of Arkansas, Asa Hutchinson, touted the positive aspects of trade with Mexico and Canada this week at the World Trade Center Arkansas. The Arkansas business and agriculture community attended the event and included executives from Tyson Foods and Walmart and leaders from the Arkansas Farm Bureau and Farmers for […]

The US dollar continues to plunge

16 Jan

January 16, 2018 – With the dollar sinking to its lowest level in more than ten years this past Friday, it seems that even economists are baffled. “On the up side, exports are raging along with US manufacturing. We’ve had 22 consecutive months of export growth and the overall economy has been on a surge […]

Heartland exports and imports grew slower in December while manufacturing and business confidence reached a new high. NAFTA in question.

9 Jan

January 8, 2017 – Still very strong, but at a slightly lower growth, the Heartland December new export orders registered 63.9, down slightly from November’s 65.8. This according to the latest survey of 9-state regional purchasing managers, and as reported by Ernie Goss, Ph.D., director of Creighton University’s Economic Forecasting Group and the Jack A. […]

New export orders and imports continued fast growth in December

5 Jan

January 5, 2018 – The Institute of Supply Management’s (ISM) New Export Orders Index jumped 58.5 percent in December, an increase of 2.5 percentage points when compared to the 56 percent reported for November, indicating growth in new export orders for the 22nd consecutive month. “Five of the six big industry sectors, accounting for 63 […]

ND’s Weather Modification aircraft project in South Korea is recognized

5 Jan

January 4, 2018 – The Korea Meteorological Administration (KMA) presented North Dakota Trade Office (NDTO) Manager of Business Development Jiwon Kim with an award in Seoul, South Korea last month for facilitating a contract between KMA and Fargo-based Weather Modification International (WMI). WMI recently completed the project for KMA, which included the installation, training and […]

A North American Perspective on NAFTA – Not a Done Deal

4 Jan

January 3, 2017 – Tiffany Melvin, President of the Dallas-based North American Strategy for Competitiveness, Inc. (NASCO) recently reported the following for the Iowa Economic Development Agency News. “It has been an unprecedented year for North America with the modernization of NAFTA taking center stage for most of 2017. While much progress has been made […]

While Amazon captured nearly half of all domestic holiday sales, it works harder to boost global sales.

30 Dec

December 29, 2017 – Citing data from GBH Insights, HomeWorld Business is reporting that Amazon accounted for 45% to 50% of online holiday retail sales, up from 38% in 2016. Its Q3 international net sales increased 29.3% YoY to $13.7 billion. This is up from 16.7% YoY growth in Q2 2017, meaning its heavy investments […]

2017 export growth cut across all modes of shipping

27 Dec

December 27, 2017 – 2017 was a very good year for US trade growth, according to a recent report by Ken Roberts of Forbes. Mr. Roberts reports that total US exports are up 6.13% this year, exports by ocean are up 10.98%. air cargo trade is up 6.11% and border crossings, whether via truck, rail […]

Global air freight up 5.9% in October, signaling strong start to Q4 and beyond

21 Dec

December 21, 2017 – Asia Today International is reporting that the newest International Air Transport Association (IATA) data shows demand for global air freight measured in freight ton kilometers (FTKs), rose 5.9% in October compared to a year earlier. This was a slowdown from 9.2% annual growth recorded in September, but still exceeded average annual […]

Europe won’t own “Parmesan” and “Bologna” names in Japan

21 Dec

December 20, 2017 – The Consortium for Common Food Names (CCFN) today announced that the Japanese government’s decision to assure the continued general use for many generic food terms as part of its trade agreement with the European Union (EU), especially highly contested terms such as “parmesan” and “romano”, even as CCFN seeks further assurances […]

Heartland new export orders and business confidence soar in November

19 Dec

December 19, 2017 – According to the latest supply managers’ survey from the Heartland region, new export orders roared to a hefty 65.8 reading in November form 54.3 in October, while its import index jumped to 59.8 from 58.6 in October. According to Ernie Goss, PhD, director of Creighton University’s Economic Forecasting Group and the […]

Eurozone economy to grow at faster rate, says central bank

18 Dec

December 18, 2017 – The European Central Bank (ECB) has lifted its economic growth forecasts as growth across the eurozone picks up. It now expects the eurozone’s economy to grow 2.4% this year, ahead of its previous guidance of 2.2%. The bank also kept its main interest rate at zero and confirmed its asset purchase […]

US farmers will be hurt by EU-Japan free trade agreement

15 Dec

December 15, 2017 – The recent signing of the FTA between Japan and the EU looks to be harmful to American pork and beef producers, according today’s editorial in the Wall Street Journal. When the US backed out of the Trans Pacific Partnership (TPP), Japan was quick to forge an agreement with the EU. “The […]

Chicago program – Global Trade Outlook for 2018

13 Dec

December 12, 2017 – The Greater Chicago International Trade Association (ITAGC) will present a 2018 Global Trade Outlook luncheon program on January 17th. The program features Derek Gianino, Director of International Policy at the U.S. Chamber of Commerce in Washington, DC. Nearly one year into the Trump Administration, there remains tremendous uncertainty about the future […]

ASIA Today’s annual looks at new technology in Asian countries

11 Dec

December 11, 2017 – In its annual flagship issue, ASIA2018, Asia Today International looks at the potential impact of new technology on Asia. Will it create enough jobs for those with younger populations – and the tax base needed by others to care for an aging population? Japan, Hong Kong, South Korea, Taiwan and Singapore […]

SBA’s December 12th webinar could mean big money for Heartland exporters

8 Dec

December 7, 2017 – According to an SBA announcement today, your manufacturing business may qualify for a cost share grant funding of up to $150,000 (50% company match) or $30,000 (25% company match) to implement strategic projects that are focused on improving your firm’s competitiveness. The webinar is scheduled for Tuesday, December 12th for the […]

Trucking industry facing severe challenges

6 Dec

December 6, 2017 – With the new Electronic Logging Device (ELD) mandate scheduled to take effect on December 18, 2017, it will have a significant impact on carrier capacity, which will lead to longer transit times and reduced efficiency. However, there are some other issues at hand that currently intimidate the trucking industry. Some of […]

Efforts underway to persuade Mercosur governments to protect international use common food names

30 Nov

November 30, 2017 – The Washington DC-based Consortium for Common Food Names (CCFN) today reports that “Argentina, Brazil, Uruguay and Paraguay must protect the interests of their local food producers and respect current international standards by rebuffing European Union (EU) efforts to confiscate common food and beverage names. This was the message sent to the […]

Honduras presidential elections create political uncertainty

30 Nov

November 29, 2017 – CentralAmericaDataEXPRESS is reporting that after four days after the presidential elections in Honduras, all of the votes have not yet been counted, and as tension escalates, businessmen request political leaders to recognize the results declared by the Electoral Tribunal. The most recent data published by the Supreme Electoral Tribunal of Honduras […]

Minnesota Trade Group to offer a high-level US Trade 2017 Year in Review

25 Nov

November 24, 2017 – The Minnesota Global Trade Association (MGTA) will host their annual trade review on Friday, December 1st from 8:15am – 12 noon at the Gargill facility in Minneapolis. Marianne Rowden, President and CEO of the American Association of Exporters and Importers (AAEI), will pose a fitting question for 2017–Does Trade Policy Matter? […]

NAFTA stumbling blocks. Is the end near?

23 Nov

November 21, 2017 – The Trump administration is intent on implementing significant modifications to the NAFTA treaty that just may bring the whole treaty crashing down. The three most controversial demands by the US are: 1) Dismantle the dispute resolution provisions that allow any of the three countries to lodge a complaint against the others. […]

Small counties are the most export-dependent places in the US

18 Nov

November 17, 2017 – According to a recent Pew Research Center report, the US is on pace to export more than $2.3 trillion in goods and services this year, representing about 12% of total gross domestic product. With the Trump administration talking tough about renegotiating various trade deals with other countries – or even leaving […]

October exports sustain growth. Imports remain the same

15 Nov

November 15, 2017 – The Institute of Supply Management’s (ISM) new export orders index slipped slightly to 56.5 percent in October, continuing to show strong growth despite being off 0.5 percentage points when compared to the 57.0 percent reported for September. Any reading of 50 or higher indicates growth. “US exports rose for the 20th […]

Omaha fundamentals program on tariffs, trade zones and antidumping

11 Nov

November 10, 2017 – The Midwest International Trade Association (MITA) of Nebraska will hold this fundamentals morning program on Thursday, Nov. 16th at the Tiburon Clubhouse in Omaha. The program will present fundamentals of Free Trade Zones (FTZs), their benefits to business, as well as one of the hottest topics in trade today, antidumping. This […]

St. Louis becoming the Silicon Valley of Agtech

10 Nov

November 10, 2017 – AgFunder Weekly reports that with the St.Louis area surrounded by nearly 100,000 farms — Missouri is a major production state for soybeans, pork, dairy products, hay, corn, poultry, sorghum, cotton, rice, and eggs — nationally recognized university programs in agriculture and the sciences, and high-quality research facilities, St. Louis looks like […]

US output of grain slips vs year prior

10 Nov

November 9, 2017 – The USDA Foreign Agricultural Service reported today that 2017/2018 projected out of all grains slipped from last year’s 472.56 million metric tons to 436.41 million metric tons for the 2016/2017 period, representing approximately 17% of total world out of grains. Worldwide output totaled 2555.72 million metric tons projected for the 2017/2018 […]

Aussie consumers spooked as sales show weakest run in 7 years

6 Nov

November 5, 2017 – Bloomberg Market’s Michael Heath reports that Australia’s heavily indebted households are pulling down the shutters on consumption as retail sales suffered the weakest three-month stretch in seven years. Sales were flat in September, after slumping 0.5 percent the prior month and dropping 0.3 percent in July, government data showed Friday. That’s […]

China enters Xi era with a double-edged sword

3 Nov

November 2, 2017 – Xi Jinping is the first incumbent Chinese president to resume the “core” position in the Communist Party and write his name into Constitution after Mao. Global asset manager Natixis argues that a Communist Party equipped with authoritarian power is a double-edged sword for the Chinese economy. On the positive side, it […]

Global Entrepreneurship Week grows to over 160 countries

31 Oct

October 30, 2017 – During one week each November – Nov. 13 to 17th – thousands of events and competitions around the world inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors in the 10th annual Global Entrepreneurship Week (GEW). Since it launched in 2008, GEW has […]

North Dakota grant to help promote specialty crops to MENA countries

27 Oct

October 26, 2017 – The North Dakota Trade Office (NDTO) announced today that it has been awarded a $169,850 grant to promote North Dakota’s specialty crops to international buyers. The grant was awarded by the North Dakota Department of Agriculture, which administers the U.S. Department of Agriculture’s Specialty Crop Block Grant Program. The NDTO will […]

New $1.2 million initiative to boost exports and foreign investment in Wisconsin

24 Oct

October 24, 2017 – The Wisconsin Economic Development Corporation (WEDC) and the University of Wisconsin-Oshkosh have announced a new $1.2 million statewide initiative aimed at boosting state exports and increasing foreign investment in Wisconsin, according to a report issued by Katy Sinnott, WEDC’s vice president of international business development. The initiative, which also is being […]

China’s National Congress names President Xi to another 5 years and announces two initiatives

21 Oct

October 20, 2017 – The 19th National Congress of the Chinese Communist Party began October 18th with a marathon speech of three-and-a-half hours by China’s president and party chief, Xi Jinping, who will lead the party for another 5 years. Already the most dominant Chinese leader in decades, Xi is expected to further consolidate his […]

Heartland new export orders grew faster in September

18 Oct

October 17, 2017 – Ernie Goss, Ph.D. Creighton University Jack MacAllister Chair in Regional Economics reported today that regional (Heartland 9 states) new export orders index rose in September to 54.3 from 52.8 in August, while the import index advanced to 53.8 from August’s 50.0. “Expanding regional growth spurred purchases of inputs from abroad, while […]

Wisconsin takes export seminars on the road

16 Oct

October 16, 2017 – Wisconsin is offering export funding seminars through November 9th in seven cities to help small to medium-sized exporters (SMEs) learn more about expanding their exports efforts. “Two barriers often cited by Wisconsin companies thinking about entering new international markets are complexity and cost,” said Katy Sinnott, vice president of international business […]

Sears set to close Canada operations

11 Oct

October 11, 2017 – HomeWorld Business magazine today reported that financially troubled Sears Canada is pulling the plug on its restructuring efforts and will liquidate all of its remaining stores and assets. The company said it will be applying to the Ontario Superior Court of Justice for the liquidation approval. It is expected that the […]

Take your small business global. A one-day e-commerce forum for small businesses

10 Oct

October 10, 2017 – Many small companies want to get established in global markets but struggle with online distribution. The 3rd annual Go Global Conference focuses on how small businesses can gain a solid presence through e-commerce. The conference takes place on Friday, October 20th in Chicago. The forum takes place at Loyola University Chicago […]

St. Louis Accelerator to bring South Korean startups to its city

7 Oct

October 6, 2017 – According to a report today from the World Trade Center – St. Louis, a St. Louis accelerator is partnering with the South Korean government to bring five South Korean startups to St. Louis early next month to help further develop their technologies and introduce them to those in the cyber security […]

Puerto Rico resumes mail and deliveries, but deliveries are spotty for other Caribbean islands

6 Oct

October 5, 2017 – Puerto Rico is back on line for mail and package deliveries, as are the Virgins Islands and the Dominican Republic, according to today’s Access Worldwide Global Report. However, Dominica and the French Caribbean Territories of Saint Barthélemy, Saint Martin, Guadeloupe and Martinique continue to be impacted in the aftermath of Hurricane […]

New export orders grew faster in September

5 Oct

October 4, 2017 – The Institute of Supply Management’s (ISM) new export orders index escalated to 57 percent in September, an increase of 1.5 percentage points when compared to the 55.5 percent reported for August, indicating sustained American export growth. “With a vibrant economy and a relatively weak dollar, our exports rose for the 19th […]

The Arkanas World Trade Center to partner with Kuehne & Nagel for an Importing seminar

4 Oct

October 3, 2017 – The Arkansas WTC and Kuehne & Nagel will present a seminar on importing reasonable care standards best practices on Wednesday, October 18th in Rogers, AR. Breakfast from 9:00 – 9:30 am Seminar Starts: 9:30 – 11:30am. The Agenda to include: Reasonable Care Reasonable Care Best Practices Internal Controls Trade Transformation Trade […]

European GI agenda on US farmers and cheese industry labeled as disastrous

2 Oct

October 2, 2017 – According to an independent economic analysis commissioned by Consortium for Common Food Names (CCFN), surrendering to the European Union’s agenda for the seizure of common food names would cost the US dairy industry up to $59 billion in revenues over 10 years and slash domestic cheese consumption up to one-fifth. At […]

China factories shut-down for National Day, but some permanently

28 Sep

September 28, 2017 – The online version of the Journal of Commerce, reports that “factories across China are preparing to shut down to celebrate the country’s national holiday – China National Day, Oct. 1, 2017, called the Golden Week. It may only bring a brief respite to the thousands of factories facing closure under […]

Understanding New Global Threats conference – Minnesota

27 Sep

September 26, 2017 – The Midwest Global Trade Association (MGTA) of Minnesota is offering a timely seminar on how to view supply chain security with new and changing threats to your supply chain on Thursday, October 19th from &:30am – 12pm at Ewald Event Center in St. Paul, MN. The conference covers updates on physical […]

AgriFood tech investing up in first half 2017

21 Sep

September 21, 2017- The agrifood tech sector appears to be rebounding from the lows of 2016 when funding dropped 17% to $6.9 billion from $8.3 billion in 2015, according to the mid-year report issued by AgFunder yesterday. Large deals in the food delivery segment contributed to the 6% year-over-year growth in total funding and Series […]

Regional exports slipped in August but continue to demonstrate growth

21 Sep

September 20, 2017 – Ernie Goss, Ph.D. Creighton University Jack MacAllister Chair in Regional Economics reported today that regional (Heartland 9 states) new export orders index slipped to 52.8 from 54.3 in July, “With the weaker U.S. dollar, making regional goods more competitively priced abroad, pushed the new export order index above growth neutral,” he […]

Will China’s Belt and Road Initiative (BRI) boost our trade?

20 Sep

September 19, 2017 – Since China’s President Xi Jinping announced the BRI last year, the first nine months of 2016 alone witnessed Chinese companies signing 4,000 engineering contracts, with a combined value of nearly USD70 billion. By investing in rail, ports and power plants along centuries-old silk routes, China is seeking to stimulate cross-border trade. […]

Israel and China sign $300 million ‘clean-tech’ trade agreement

18 Sep

September 17, 2017 – AgFunder reports that Israel and China have signed a $300 million trade agreement meant to boost the export of Israeli environmental-friendly energy and agricultural technologies to China, Israel’s Finance Ministry said on Monday. Foreign Minister Moshe Kahlon was in Beijing to sign the “clean-tech” deal which builds on past agreements, the […]

North Dakota’s Big Iron International Visitors Program draws visitors from 15 countries

14 Sep

September 13, 2017 – North Dakota is hosting over 75 international visitors from 15 countries this week as part of the Big Iron International Visitors Program, the portion of the Big Iron Farm Show connecting international equipment buyers with North Dakota businesses. The International Visitors Program (IVP) runs Sept. 11-14 and is organized by the […]

Farm income up for the first time since 2013

8 Sep

September 9, 2017 – AgFunder reports that net income for US farmers is predicted to increase this year for the first time in four years, according to the USDA. Crops, livestock, and dairy are set to see a 3.1% bump which the USDA attributes to sales of grain inventory and increased livestock and milk revenue. […]

TPP talks continue without the US, revisions being discussed

8 Sep

September 8, 2017 – Without US influence in the Trans-Pacific Partnership (TPP), the 11 remaining countries are moving forward after a stall caused by the US’s withdrawal from the trade agreement in January. Representatives from the 11 participating countries met in Sydney, Australia last week to renew negotiations. Reuters is reporting that Vietnam has asked […]

Hurricane Irma affects package, mail deliveries on Atlantic coast

8 Sep

September 7, 2017 – In a statement from Access Worldwide, it was noted which cities will be affected for deliveries. Florida, Georgia and South Carolina are all preparing for the storm to make landfall, as Irma is currently on track to slam the US mainland over the weekend. This summary will impact the processing and […]

Intermodal and rail carload volumes up

7 Sep

September 7, 2017 – SmartPort Kansas City reports, “The Association of American Railroads (AAR) reported US rail traffic was up 2.7 percent compared with the same week last year. Total carloads were up 0.3 percent compared with the same week in 2016, while US intermodal volume was up 5.1 percent when compared to 2016. Carload […]

Heartland economy and exports continue growth

6 Sep

September 6, 2017 – A monthly survey of business supply managers suggests business conditions improved in August and that more export and economic growth lies ahead for the Heartland states, according to a report released Friday. The Mid-America Business Conditions Index rose to 57.5 in August from 56.1 in July, the report said. The June […]

Is Canada getting out of line on NAFTA?

6 Sep

September 5, 2017 – First it was softwood lumber, then US dairy farmers. Now it’s dispute resolution, environmental and labor demands – even gender and LGBT rights. “It appears the Canadian government under the direction of its liberal Foreign Minister, Chrystia Freeland, and chief NATA negotiator, Steve Verheul, are deliberately trying to further complicate NAFTA […]

Exports continue solid growth in August

5 Sep

September 4, 2017 – Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. New export orders grew for the 18th consecutive month but at a slower rate compared to July, notching […]

Canada Customs is experiencing delivery backlogs

31 Aug

August 30, 2017 – Access Worldwide is reporting today that Canada Customs is currently experiencing a backlog, resulting in Customs Clearance delays for packages destined to our neighbor to the north. “At this time, we do not have any further information as to how many days they are backlogged, however, we have seen delays of […]

Kansas City Southern Railway in support of Hurricane Harvey relief

30 Aug

August 29, 2017 – Kansas City Southern (KCS) today announced its charitable fund will immediately donate $50,000 to the American Red Cross to aid in Hurricane Harvey relief efforts in south Texas. In addition, it will also match employee gifts to the American Red Cross via the Greater Kansas City Community Foundation-KCS Fund, dollar for […]

Trump to visit Springfield, MO exporter today

29 Aug

August 29, 2017 – On his way to survey flood damage in Houston today, President Trump will visit the Loren Cook Company in Springfield, MO. Loren Cook designs and manufactures fans, blowers, gravity vents, laboratory exhaust systems and energy recovery ventilators, and exports them to countries throughout the world. The company began operations in 1941, […]

Wow Air adds European-connected flights to Missouri and Ohio

28 Aug

August 27, 2017 – Iceland’s budget airline, Wow Air, will begin serving several Heartland cities next spring, offering a low-cost way to get to its island home country and from there to Europe. Direct flights start May 17th and start at $99 to Reykjavik, Iceland with connections to London, Frankfurt, Dublin, Paris and 18 other […]

Critical NAFTA negotiations resume next week

25 Aug

The second round of NAFTA renegotiations will take place next week in Mexico City. One of the more controversial points under discussion is the possible replacement of the Investor-State Dispute Settlement (ISDC) system. Three major business groups oppose the elimination of these dispute panels whereby individual country corporations are able to sue governments for damages […]

KC Southern Railway establishes new joint processing center on Mexican border

21 Aug

August 21, 2017 – Last week Kansas City Southern (KCS), in conjunction with the US Customs and Border Protection (CBP) and Mexican Customs (SAT), dedicated a new joint Unified Cargo Processing facility at the Laredo, Texas, border crossing. According to a KCS spokesperson, “The objective of this new facility is to share Non-Intrusive Inspection (NII) […]

More FTC warnings about “Made in USA” claims

19 Aug

August 18, 2017 – Today’s Reed Smith’s AdLaw by Request newsletter reports, “It seems to be another star-spangled banner year for the Federal Trade Commission (“FTC”) and its crackdown on certain “Made in USA” claims. In 2016, the FTC cited 29 companies for their misleading “Made in USA” claims. With the year’s halfway mark behind […]

Heartland growers ship record levels of farm goods to China

17 Aug

August 17, 2017 – The US Department of Agriculture (USDA) today reports that private exporters shipped165,000 metric tons of soybeans for delivery to China during the 2017/2018 marketing year, closing in on a new record. The US Soybean Export Council, based in Chesterfield, Missouri, said in a recent report that the Chinese Ministry of Commerce […]

Currency shift to weaker dollar helps prop overall US economy

14 Aug

August 14, 2017 – Today’s Wall Street Journal reports that the dollar has weakened 15% against the euro since the beginning of the year, and that against all major trading country currencies has dropped 8%. “While there are downsides to the weaker dollar, it has propelled US manufacturing and exports to new highs,” said Fred […]

Heartland manufacturing and exports growing, but slowing slightly

5 Aug

August 4, 2017 – Creighton University yesterday released its latest Mid-America Business Conditions index, which fell to 56.1 in July from June’s 62.3. For Minnesota, the index fell from June’s 68 to 63.2. Any figure above 50 indicates growth, so economists were not put off by the monthly change and noted that June’s increase was […]

China to ramp up foreign food & ag acquisitions

4 Aug

August 4, 2017 – AgFunder’s Emma Cosgrove writes that China is poised to have a much larger footprint in the global food supply chain in the near future, according to a new report from Rabobank. The report highlights a few of its acquisitions from the last six years that demonstrate China’s agricultural priorities and perhaps […]

Exports and imports continue solid growth through July

1 Aug

August 1, 2017 – Against continued solid growth in the manufacturing sector and overall economic growth, new export orders and imports both grew in July, according to the latest Institute of Supply Management (ISM) Report on Business. Exports-Imports “The sliding dollar and continued expansion of our economy, bolstered exports in July,” said Frederick Baehner, IBNewsmag […]

Mexico aerospace conclave attracts aircraft industry suppliers

28 Jul

July 27, 2017 – With so many aerospace manufacturer-suppliers in the Heartland, the Arkansas World Trade Center has announced a special price for manufacturers to attend August 30 – 31 in Queretaro, Mexico. For as little as $200, Tier-2 and Tier-3 industry suppliers will hear from 25 industry experts from all over North America as […]

Expect postal delays in Canada

26 Jul

July 26, 2017 – According to Access Worldwide, Canada Post has reported a recent significant increase in the volume of non-trackable mail items, causing a backlog in the processing of this type of mail. Delays are to be expected for end delivery in certain destinations.

Will the Building a Better America dampen exports by eliminating the ITA?

26 Jul

July 25, 2017 – The following statement appeared in the recently-released US House Budget Committee report – Building a Better America. “The International Trade Administration [ITA]. This Department of Commerce agency provides trade-promotion services for U.S. companies. The fees it charges for its services do not cover the costs. Businesses can obtain similar services from […]

China approves Monsanto’s corn for import

25 Jul

July 24, 2017 – China has approved two more genetically modified crops for import, the second such move in the past month to expand access to biotech seeds as part of 100-day trade talks with the US. The two new crops, approved for three years are St. Louis-based Monsanto’s 87427 glyphosate-resistant corn, sold under the […]

Export opportunity – dollar down nearly 8 percent this year vs 5 major currencies

22 Jul

July 21, 2017 – IBNewsmag is reporting that the dollar has hit new lows against five major currencies year to date based on foreign exchange rates posted in today’s Wall Street Journal. The euro is down nearly 10 percent, the Mexican peso down nearly 16 percent, the pound down more than 5 percent, the Canadian […]

Vietnam GDP growth rebounds with oil & tourism surge

20 Jul

June 20, 2017 – After disappointing GDP growth in the first quarter of 5.15% YoY, Vietnam achieved a 6.17% YoY for the second quarter, taking the figure for the first half to 5.73% YoY. Sector-wise, solid growth continued to be seen in the manufacturing and construction sectors (+10.5% YoY and +8.5% YoY in 1H, respectively), […]

US food, beverage producers weigh in on possible prohibition of generic names in Japan

19 Jul

July 19, 2017 – The Consortium for Common Food Names (CCFN) is working to ensure that generic names for certain cheeses, meats, wines and other foods can remain in use in Japan by filing objections to inclusion of such terms on a proposed list of protected geographical indications (GIs) in the Japan-European Union free trade […]

CPA says US trade deficit with S. Korea more than doubled since 2011 – American job losses

18 Jul

July 18, 2017 – According to last week’s Coalition for a Prosperous America (CPA) report, the US trade deficit with South Korea was $13.3 billion in 2011. It has since more than doubled to $27.6 billion in 2016. Therefore: The CPA says the Korea-US Free Trade Agreement caused the US economy to lose 80,000 jobs. […]

Pacific ocean rates slip as traders approach peak season

17 Jul

July 17, 2017 – Bill Mongelluzzo, Senior Editor of reports that spot rates in the eastbound Pacific declined slightly for the second consecutive week, although the 2 percent drop to the East Coast reflects a tightening of capacity, whereas the 5 percent decline to the West Coast indicates that the bigger ships calling in […]

India develops its own unique milking machines

15 Jul

July 15, 2017 – AgFunder reports that an emerging trend in the Indian-agricultural industry has been that of giant domain-focused corporates joining hands with promising young start-ups to bring about ‘Indianization’ of agriculture tools, equipments and practices aimed at increasing productivity and better realization of prices by farmers. An interesting case in point here is […]

World’s middle class is booming, growing export opportunities

14 Jul

July 14, 2017 – According to a report from the North Dakota Trade Office (NDTO) issued by the Brookings Institute, the global middle class is currently experiencing the most rapid expansion the world has ever seen – especially in Asia. As middle class populations grow, so does their desire for choices, high quality goods and […]

Missouri woman’s testimony to help stimulate small business exporting

12 Jul

July 12, 2017 – Missouri’s Ann Pardalos recently testified at a House Small Business Committee (SBC) hearing in Washington, DC, on how to help small businesses increase exports. Ms Pardalos is President of the State International Development Organizations (SIDO), and Manager of International Trade & Investment for the state of Missouri. House Small Business Committee […]

SD August 16th Export Documentation, Foreign Trade Regulations and Best Practices in Export Compliance

11 Jul

July 10, 2017 – This forum is available on site in Sioux Falls or as a live-stream webinar from any location. Scheduled for Thursday, August 16, the morning session focuses on Export Documentation and will be led by Stephen Hall, Bureau of Industry & Security (BIS), US Dept. of Commerce. The afternoon session is the […]

Xi, Putin agree to boost co-ordination on major issues, including North Korea

7 Jul

July 7, 2017 – Visiting Chinese President Xi Jinping and his Russian counterpart, Vladimir Putin, met Monday and agreed to further cement bilateral ties and strengthen coordination on the Korean Peninsula and other major issues, according to the State news agency Xinhua. “China and Russia are comprehensive strategic partners of co-ordination, and it is quite […]

The Heartland becoming America’s distribution mecca

6 Jul

July 6, 1017 – A continued consolidation of retailers, wholesalers and 3PLs logistic providers to the US Heartland is part of a migration movement sweeping the country, according to a recent announcement from and reported by KCSmartPort. Amazon, Dollar Tree and QVC are among the companies locating in the region. And, UPS is acting […]

Both exports and imports show sustained growth through June

5 Jul

July 5, 2017 – The Institute of Supply Management’s (ISM) New Export Orders Index soared to 59.5 percent in June, an increase of 2 percentage points when compared to the 57.5 percent reported for May, indicating growth in new export orders for the 16th consecutive month. “Continued declines in the dollar and expanding global economic […]

Common Food Names (GIs) hinder Heartland producer exports

4 Jul

July 3, 2017 – The Consortium for Common Names today reported that current geographical indications (GI) policies are often woefully lacking in safeguards for common food and beverage names, creating an increasingly disruptive situation in global trade that unfairly favors some producers over others; but an equitable approach is wholly achievable. To uphold both IP […]

Feed ingredient buyers source products from Iowa buyers mission

1 Jul

June 30, 2017 – The Iowa Economic Development International Office reports that seven international buyers intend to purchase $5.8 million in feed ingredients products during the next year after one-on-one business meetings with suppliers in Iowa. The buyers, from Brazil, Colombia, Mexico, Romania, Philippines, South Korea and China, were in Iowa June 7-8, 2017. The […]

Brazil trade unions cause cities’ shutdown

30 Jun

June 30, 2017 – According to the Access Weekly Worldwide Global Report today, several trade unions in Brazil have called for a general strike to shut down Brazil’s largest cities beginning today.

Modi visit to US signals possible new trade opportunities

28 Jun

June 28, 2017 – India’s Prime Minister Narendra Modi visited the US on Monday as part of a three-nation tour. Various issues were discussed including counter-terrorism and strengthening ties between the US and India. The meeting did not create a firm development plan for trade between our nations but requests were made to remove trade […]

A program on international scams that hurt exporters and importers

28 Jun

June 27, 2017 – On Wednesday, 12 July, the International Trade Association of greater Chicago (ITAGC) will present a lunch program on global scams on how they continue to impact small to medium-sized enterprises (SMEs). Presented by Louise Kern, Managing Director of Global Business Information Services (GloBIS), the program is targeted to SMEs who continue […]

Ag exports to Mexico languish over NAFTA concerns

24 Jun

June 23, 2017 – FOX News reported last week: “Friction between the US and Mexico over trade is starting to cut into sales for US farmers and agricultural companies, adding uncertainty for an industry struggling with low commodity prices and excess supply. Over the first four months of 2017, Mexican imports of US soybean meal, […]

Monsanto & Atomwise partner to use AI for discovery

23 Jun

June 23, 2017 – Monsanto headquartered in St. Louis, with facilities in 69 countries and Atomwise have formed a research collaboration to increase the speed and probability of discovering and developing new crop protection products using artificial intelligence. Atomwise develops artificial intelligence systems for molecular discovery. Through this research collaboration, Atomwise’s AtomNet technology will employ […]

Wichita selected for Brookings advanced partnership of Global Cities Initiative

22 Jun

June 22, 2017 – The Wichita region has been selected for a multi-region initiative aimed at improved performance in international trade. Eight city-regions were selected as part of the Global Cities Initiative (GCI), a joint project of the Brookings Institution and JPMorgan Chase. The intent of the initiative is to amplify the impact of metropolitan […]

Heartland exports score another month of growth

21 Jun

June 21, 2017 – According to Ernie Goss’ Heartland International Business Index, the May regional new export orders index remained strong despite slipping to a still positive 54.0 from 60.5 in April. Any reading above 50.0 indicates growth. The import index dropped to 52.4 from April’s 60.7. “An expanding regional economy supported buying from abroad […]

Alleged higher rates raising ocean carrier profits yet some see them holding for the remainder of 2017

20 Jun

June 20, 2017 – is reporting that Maersk Line and Hapag-Lloyd will post sharply higher earnings this year as they benefit from improving container industry fundamentals, including better capacity management and rising demand, according to investment bank Jefferies. Rick Held, President of Held & Associates, said, “This year has been a roller coaster with […]

Mexico will Pour $4.34 Billion into Port Projects

29 Jun

According to, Mexico’s transport and communications ministry is investing this money in port infrastructure projects. They include building two more ports, six port expansions, 12 specialized terminals, a crusie ship terminal and infrastructure for short-sea shipping.

Containerization Impacts Global Trade more than Free Trade Agreements

28 Jun

According to the Economist magazine, new research suggests that the simple metal box has transformed global trade more than all the trade agreements in the past 50 years combined.

July 16th Webinar Focuses on Exporting Food and Ag Products

28 Jun

If you are anticipating exportation of food and agricultural products, learn about Foreign Agricultural Service (FAS) services which include customized export assistance, cost-share export funding, trade show exhibit support, training and more at Iowa’s Going Global Webinar on July 16th at 1pm (CDT). Go to for details.

Credit Manager’s Index (CMI) Cites Continued Growth. Manufacturing a Rising Star.

27 Jun

June’s combined CMI numbers continued May’s dramatic pace with the manufacturing sector topping its highest level in two years.The Sales and Amount of Credit Extended components drove manufacturing’s Index of Favorable Factors, according to the National Association of Credit Management from its June survey of credit managers.

Hazard Analysis-Critical Control Point Training Set for July 16-17 in West Fargo

21 Jun

Dakota Global Food Solutions of Fargo will be holding a Hazard Analysis – Critical Control Point (HACCP) training seminar July 16-17 at the North Dakota Trade Office International Room located in Schollander Pavilion at the Red River Valley Fairgrounds in West Fargo, ND. The seminar is designed to provide HACCP training and certification for meat […]

Taiwan Battles Back In Central America

21 Jun

According to the June 20th edition of CentralAmericanData Express, Taiwan is funding $50 million of road construction in Guatemala, and another $22.5 million for a hospital in Panama. Unreported, but reading between the lines, this is a bold initiative by Taiwan to offset investments by “other” countries.

China – Understanding the CCC Mark Certification Process

19 Jun

If your company is selling, or plans to sell, its products – especially IT and machinery equipment – in China, this TUV SUD America one-hour webinar briefing presents an overview of the CCC Mark, product categories and an understanding of the submittal/approval process. Email for information.

U.S. Customs Begins Full Enforcement of Importer Security Filing with Big Fines

19 Jun

Customas & Border Protection (CBP) will begin enforcement of the Importer Security Filing 10+2 (ISF) begining 9 July, three years after the regulation was announced. Non-compliance can result in heavy-duty fines and issuing of liquidated damages against importers and carriers if not completed 24 hours prior to sailing. For more information on this important directive, […]