World Trade - August 2008 - (Page 5) VOLUME 21 Inside NUMBER 8 August 2008 16 FEATU RES COVER STORY 16 E XE C UTI V E B R I E F I N G 10 Supply Chain Watch 12 Tradewinds World Trade’s Top U.S. Trading Partners Our annual look at the best countries and commodities for international trade. COLUMNS INSIDE WORLD TRADE 28 LTL Shipping ‘On the Fly’ Tips for getting the best out of single transaction deals. By Gail Dutton 7 Weathering the Storm With the global economy in a slump, all eyes are on China. 34 Air Cargo Flies a New Heading Despite the challenges ahead, some are finding that time-tested values are paying off. By Lara L. Sowinski 28 8 By Neil Shister POLICY PERSPECTIVES 38 Getting More from China Sourcing Companies need to aspire to higher procurement standards to optimize their China connection. By Jimmy Hexter and Jonathan Woetzer Helping the World’s Poorest Nations Benefit from Global Trade Negotiating viable free trade agreements are key. By M. Jean Anderson and Patrick Macrory 44 Why 3PLs Need a Seat at the C-TPAT Table U.S. Customs’ security program is off to a good start, now 3PLs need to have a say. By Bill Anderson GREAT MOMENTS IN WORLD TRADE 38 54 Around the World in 80 Days—Hours—Minutes Nellie Bly’s record-breaking journey sparked a global obsession with transportation and speed. By Jeremy N. Smith 48 Performance-based Supply Chains Drive Total Lifecycle Value Post-sale service is becoming more prominent in achieving revenue and profits. By Michael Burkett 51 SmartWay Navigates Sustainable Transportation The EPA program is expanding its mandate to the carbon footprint. By Brittain Ladd 51 WORLD TRADE (ISSN 1054-8637) is published 12 times annually, monthly, by BNP Media II, L.L.C., 2401 W. Big Beaver Rd., Suite 700, Troy, MI 48084-3333. Telephone: (248) 362-3700, Fax: (248) 362-0317. No charge for subscriptions to qualified individuals. Annual rate for subscriptions to nonqualified individuals in the U.S.A.: $90.00 USD. Annual rate for subscriptions to nonqualified individuals in Canada: $122.00 USD (includes GST & postage); all other countries: $140.00 (int’l mail) payable in U.S. funds. Periodicals Postage Paid at Troy, MI and at additional mailing offices. POSTMASTER: Send address changes to: WORLD TRADE, P.O. Box 2144, Skokie, IL 60076. Printed in the U.S.A. Copyright 2008, by BNP Media II, L.L.C. GST account: 131263923. Change of address: Send old address label along with new address to WORLD TRADE, P.O. Box 2144, Skokie, IL 60076. All rights reserved. The contents of this publication may not be reproduced in whole or in part without the consent of the publisher. The publisher is not responsible for product claims and representations. Canada Post: Publications Mail Agreement #40612608. Send returns (Canada) to Bleuchip International, P.O. Box 25542, London, ON, N6C 6B2. For single copies or back issues, contact Ann Kalb at (248) 244-6499 or KalbA@bnpmedia.com. WWW.WORLDTRADEMAG.COM 5 http://WWW.WORLDTRADEMAG.COM
Table of Contents Feed for the Digital Edition of World Trade - August 2008 World Trade - August 2008 Contents Weathering the Storm Helping the World’s Poorest Nations Benefit from Global Trade Supply Chain Watch Tradewinds World Trade’s Top U.S. Trading Partners LTL Shipping ‘On the Fly’ Air Cargo Flies a New Heading Getting More from China Sourcing Why 3PLs Need a Seat at the C-TPAT Table Performance-based Supply Chains Drive Total Lifecycle Value SmartWay Navigates Sustainable Transportation Around the World in 80 Days—Hours—Minutes World Trade - August 2008 World Trade - August 2008 - (Page Intro) World Trade - August 2008 - World Trade - August 2008 (Page 1) World Trade - August 2008 - World Trade - August 2008 (Page 2) World Trade - August 2008 - World Trade - August 2008 (Page 3) World Trade - August 2008 - World Trade - August 2008 (Page 4) World Trade - August 2008 - Contents (Page 5) World Trade - August 2008 - Contents (Page 6) World Trade - August 2008 - Weathering the Storm (Page 7) World Trade - August 2008 - Helping the World’s Poorest Nations Benefit from Global Trade (Page 8) World Trade - August 2008 - Helping the World’s Poorest Nations Benefit from Global Trade (Page 9) World Trade - August 2008 - Supply Chain Watch (Page 10) World Trade - August 2008 - Supply Chain Watch (Page 11) World Trade - August 2008 - Tradewinds (Page 12) World Trade - August 2008 - Tradewinds (Page 13) World Trade - August 2008 - Tradewinds (Page 14) World Trade - August 2008 - Tradewinds (Page 15) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 16) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 17) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 18) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 19) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 20) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 21) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 22) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 23) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 24) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 25) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 26) World Trade - August 2008 - World Trade’s Top U.S. Trading Partners (Page 27) World Trade - August 2008 - LTL Shipping ‘On the Fly’ (Page 28) World Trade - August 2008 - LTL Shipping ‘On the Fly’ (Page 29) World Trade - August 2008 - LTL Shipping ‘On the Fly’ (Page 30) World Trade - August 2008 - LTL Shipping ‘On the Fly’ (Page 31) World Trade - August 2008 - LTL Shipping ‘On the Fly’ (Page 32) World Trade - August 2008 - LTL Shipping ‘On the Fly’ (Page 33) World Trade - August 2008 - Air Cargo Flies a New Heading (Page 34) World Trade - August 2008 - Air Cargo Flies a New Heading (Page 35) World Trade - August 2008 - Air Cargo Flies a New Heading (Page 36) World Trade - August 2008 - Air Cargo Flies a New Heading (Page 37) World Trade - August 2008 - Getting More from China Sourcing (Page 38) World Trade - August 2008 - Getting More from China Sourcing (Page 39) World Trade - August 2008 - Getting More from China Sourcing (Page 40) World Trade - August 2008 - Getting More from China Sourcing (Page 41) World Trade - August 2008 - Getting More from China Sourcing (Page 42) World Trade - August 2008 - Getting More from China Sourcing (Page 43) World Trade - August 2008 - Why 3PLs Need a Seat at the C-TPAT Table (Page 44) World Trade - August 2008 - Why 3PLs Need a Seat at the C-TPAT Table (Page 45) World Trade - August 2008 - Why 3PLs Need a Seat at the C-TPAT Table (Page 46) World Trade - August 2008 - Why 3PLs Need a Seat at the C-TPAT Table (Page 47) World Trade - August 2008 - Performance-based Supply Chains Drive Total Lifecycle Value (Page 48) World Trade - August 2008 - Performance-based Supply Chains Drive Total Lifecycle Value (Page 49) World Trade - August 2008 - Performance-based Supply Chains Drive Total Lifecycle Value (Page 50) World Trade - August 2008 - SmartWay Navigates Sustainable Transportation (Page 51) World Trade - August 2008 - SmartWay Navigates Sustainable Transportation (Page 52) World Trade - August 2008 - SmartWay Navigates Sustainable Transportation (Page 53) World Trade - August 2008 - Around the World in 80 Days—Hours—Minutes (Page 54) World Trade - August 2008 - Around the World in 80 Days—Hours—Minutes (Page 55) World Trade - August 2008 - Around the World in 80 Days—Hours—Minutes (Page 56) World Trade - August 2008 - Around the World in 80 Days—Hours—Minutes (Page Map1) World Trade - August 2008 - Around the World in 80 Days—Hours—Minutes (Page Map2)
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