TAHOCO Logistics

Are Mergers on the Horizon for Ocean Carriers?
(Toby Gooley – DCVelocity)

Continued economic volatility could lead to consolidation within the next five years, maritime industry consultant predicts.

The ocean shipping industry appears to have survived the Great Recession. But with most container lines still unprofitable and “undisciplined pricing” continuing to plague the industry, some consolidation is likely in the next five years, predicts John G. Reeve, a longtime maritime industry consultant.

Are mergers on the horizon for ocean carriers? – DC Velocity Continued economic volatility could lead to consolidation within the next five years, maritime industry consultant predicts.

China Warns of Increasing Trade Disputes at WTO
(Mary Swire – Tax-News.com)

China’s Permanent Representative at the World Trade Organization (WTO), Yi Xiaozhun, has advised the Chinese Government that there is a likelihood that it will be involved in trade disputes, particularly with the United States and the European Union (EU), that will increase in both number and intensity in the future.

Yi is reported to have said that, with the U.S. and EU intensifying their action against Chinese imported goods, the Government should be aware of the Chinese industries that will come under attack, and be ready to defend them in the WTO against the harsher measures that will be taken against their products.

He pointed out that Chinese goods worth billions of U.S. dollars are now under dispute at the WTO, while, as has already been noted by the Ministry of Commerce (M*F), U.S. and EU action has evolved from imposing single measures against Chinese imports to, in many cases, adopting both anti-dumping (ADs) and anti-subsidy countervailing duties (CVDs).

China Warns Of Increasing Trade Disputes At WTO Tax-News.com delivers news headlines and features on international tax, law, politics, economics and trade.

One-Year Update on the Implementation of the National Strategy for Global Supply Chain Security
(The White House)

The National Strategy for Global Supply Chain Security, released in January 2012, established the U.S. Government’s policy to strengthen the global supply chain to protect the interests of the American people and enhance our Nation’s economic prosperity.

The Administration, in coordination with private sector stakeholders and foreign government partners, made significant progress in implementing the Strategy throughout 2012 and in defining our priorities for future work. As required by the Strategy, Federal Departments and Agencies prepared a consolidated report outlining these efforts and defining 2013 implementation goals.

http://www.whitehouse.gov/sites/default/files/docs/national_strategy_for_global_supply_chain_securit