Total cross-border trade between the United States, Mexico and Canada grew 3.3 percent after falling in 21 of the previous 22 months compared with the prior-year period, according to the Department of Transportation’s Bureau of Transportation Statistics.
The U.S. Commerce Department has determined that truck and bus tires from China are being both subsidized by the Chinese government and dumped on the U.S. market at less than fair value.
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Tom Cook, managing director of Blue Tiger International, discussed how e-commerce has evolved over time and has provided advice to companies looking to enter into or further develop their e-commerce markets and supply chain requirements.
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market share again, prices will likely fall across the board.