World Trade - November 2008 - (Page 5)

VOLUME 21 Inside N U M B E R 11 November 2008 22 FEATU RES COVER STORY: MEXICO NEAR-SOURCING 16 E XE C UTI V E B R I E F I N G 10 Supply Chain Watch 12 Tradewinds Failed Promise: Mexico and NAFTA, 15 Years Later Regulatory and infrastructure problems are holding back economic potential. By Clay Risen COLUMNS INSIDE WORLD TRADE 22 The Short Tale Near-sourcing trends create new winners and losers in the supply chain. By Benjamin Gordon and Karen Rutt 7 Unexpected Responses to Unanticipated Change The supply chain that worked for you last year won’t work for you next year. By Neil Shister 33 Marrying Trade Finance and Transportation into a Single Transaction Launch of Cargo Finance product is the ‘Holy Grail’ for UPS Capital. By Neil Shister POLICY PERSPECTIVES 8 Reading the States of Risk in Today’s Global Economy The global economic crisis has a profound effect on foreign trade and trade credit. 33 By Kenneth Moyle 39 Trucking Gets a Double Whammy Higher fuel costs with a slowing economy are making for tough times. By Lara L. Sowinski GREAT MOMENTS IN WORLD TRADE 54 Keep on Compressing Rudolf Diesel’s twist on the internal combustion engine. By Jeremy N. Smith 42 Are We Safe Yet? Shippers wonder if the added cost of security really provides greater protection. By April Terreri 48 48 Logistics Resurrects the Rust Belt Ohio and surrounding states see promise in logistics and emerging industries. By Lara L. Sowinski 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 - November 2008

World Trade - November 2008 Contents Unexpected Responses to Unanticipated Change Reading the States of Risk in Today’s Global Economy Supply Chain Watch Tradewinds Failed Promise: Mexico and NAFTA, 15 Years Later The Short Tale Marrying Trade Finance and Transportation into a Single Transaction Trucking Gets a Double Whammy Are We Safe Yet? Logistics Resurrects the Rust Belt Keep on Compressing

World Trade - November 2008

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