posts tagged with Trade

Why Indy Means Business

Plane_V8I7791TakeOffFinal.jpg.jpeg Starting this April, huge Boeing 777 cargo aircraft will begin streaming in and out of Indianapolis four nights a week coming from the new FedEx Express hub in Osaka, Japan. Locating our FedEx North Pacific Regional Hub on the western edge of Japan is partly due to a combination of geography, flight optimization, package consolidation, and something the Kansai International Airport (KIX) shares with the Indianapolis International Airport (IND) – they are open for business 24/7. So is the U.S. economy.

Global gateways, like the Indy Hub, are essential to keep today’s customers and suppliers throughout America competitive in the world economy. US exports to Asia have been steadily increasing...

Trade Promotion Authority: Essential to our customers, business and country

dc-capitol.png In the coming weeks, the U.S. Congress will have the opportunity to take a step that will significantly advance free trade and our economy –renewing Trade Promotion Authority, or TPA.

For three decades, U.S. presidents have had the authority to negotiate complex trade deals with other nations, and present the results for an up-or-down vote. Congress last passed this trade authorization in 2002 and since then, the US has added trade agreements with 16 countries.

It is critical Congress reauthorize this important legislative tool to ensure the U.S. maintains a credible bargaining position and continues...

Get ready for the (next) Asian trade revolution

Picture_1.jpg.jpeg When I moved to Asia in 1994, the most common shipment was electronics.

Think big and expensive. The first, mass-produced PCs were spreading like wildfire, and innovations like the “personal communicator” – dubbed “bricks” due to their size and weight – were starting to take off.

I vividly remember those days. Around five years earlier, I’d been involved in the FedEx purchase of Asia’s Flying Tigers airlines, which as far back as the 1940s was known by its tagline – “We haul anything anywhere.” It was a critical acquisition for us because it gave us the air rights and the authority to connect Asia globally.

But there was a much different tiger on the scene by the time...

Is e-commerce good for all small businesses?

FedEx Quick Form_v5_7OCT13.jpg.jpeg There’s a saying in business that goes something like: “Not all business is good business.”

And the same is true for e-commerce.

While e-commerce is now the largest driving force in the global economy, it comes with warning signs.

Asia might have the most e-commerce “ready” markets in the world – China, Japan, South Korea and Singapore all rank in the top 10 biggest market opportunities– but scratch the surface and securing a foothold in these markets is not easy.

Smarter, Modern Global Policies That Cut Trade Barriers Are the Answer – Reporting Back From the APEC CEO Summit

apec-sq.jpg I had the pleasure of participating in the 2013 CEO Summit for the Asian Pacific Economic Cooperation (APEC) in Bali, Indonesia earlier this month. This gathering took place alongside APEC’s annual meeting of leaders from 21 of the world’s most dynamic economies. They made important progress to advance the future of global trade – the underpinning of innovation, entrepreneurship, jobs and sustainable growth.

While the last five years have been difficult in the wake of the global financial crisis, more people are back to work and small and medium-sized businesses are beginning to grow again. Still, businesses today, and especially smaller businesses, continue to confront a complex spaghetti bowl of overlapping rules and competing regulation that hinders innovation and development, including expensive tariffs and confusing and lengthy customs approval processes to get their products into consumers’ hands.