Excerpts from a Journal of Commerce article titled ‘Shippers and truckers the losers in demurrage blame game’:
Demurrage and per-diem detention fees at gridlocked U.S. ports have turned into a multimillion-dollar hot potato. Cargo interests, truckers, ocean carriers and marine terminals are locked in noisy, seemingly nonstop argument over responsibility for the fees. It’s a [...]
From the Huffington Post:
President Barack Obama’s trade agenda suffered a setback Friday evening during a series of last-minute maneuvers in the Senate. While the upper chamber eventually passed a bill that would help Obama streamline a trade pact with 11 Pacific nations, the final product threw a wrench into the president’s plans.
The Senate [...]
From Huffington Post:
Sen. Jeff Merkley (D-Ore.) took to the Senate floor Friday evening to make a point-by-point analysis of why a trade deal being negotiated by President Barack Obama would harm the United States.
While Obama has said that the deal, called the Trans-Pacific Partnership, is “the most progressive framework for trade” the United [...]
In a May 20 article titled ‘Petitions filed to recall Vancouver port commissioners Oliver, Wolfe,’ the Columbian’s Aaron Corvin follows an excellent investigative series that includes the following excerpts:
In recall documents filed Tuesday, Vancouver resident Christopher Clifford accuses Port of Vancouver commissioners Jerry Oliver and Brian Wolfe of malfeasance, misfeasance and violation of the [...]
The Justice Department said it was charging the banks’ parent companies because the wrongdoing was pervasive, and that the banks’ punishment was ”fitting considering the long-running and egregious nature of their anticompetitive conduct.”
From the Huffington Post:
The age of multibillion-dollar bank fines with no admission of wrongdoing is over. The Justice Department announced [...]
An article titled ‘U.S. loses meat labeling case; trade war looms’ shows one of the many ways free trade agreements hurt consumers and farmers:
Consumer group Public Citizen pointed to a 2014 survey showing nine in 10 Americans supported the labeling rules.
Canada and Mexico are readying trade sanctions against the United States after [...]
Excerpts from Mintpress News:
Mark Feierstein, former associate administrator for USAID and Washington’s new point man on Latin America, testifies on Capitol Hill in Washington. Feierstein’s legacy of covert regime change has many Latin American leaders questioning Washington’s intents.
A quick review of Mark Feierstein’s track record in Latin America reveals that the new senior [...]
A day after suffering an embarrassing setback when Obama’s own party rebuked him on a major trade bill, Senate leaders said they have struck a deal to move forward on the measure.
Majority Leader Mitch McConnell and top Democrat Harry Reid announced the deal on the Senate floor on Wednesday afternoon.
The chamber [...]
Oregon Sen. Ron Wyden, a leading Democratic backer of President Obama’s trade agenda, and more than a dozen other pro-trade Senate Democrats voted against a Republican proposal to begin consideration of legislation that would give Obama fast-track authority to negotiate trade agreements.
The vote was 52-45, short of the 60 votes needed. After the vote, [...]
U.S. Sen. Al Franken (D-Minn.) joined a group of senators in urging the United States Trade Representative to include strong labor protections as part of the negotiation over the Trans-Pacific Partnership (TPP), saying that many parts of the proposed agreement currently fall short of acceptable labor standards.
In a letter to Ambassador Michael Froman, fourteen [...]
U.S. President Barack Obama pushed back against Sen. Elizabeth Warren, D-Mass., for her increasingly vocal attacks against a massive trade deal the president is seeking with 11 Pacific Rim nations. In an interview with columnist Matt Bai published Saturday, Obama accused his party’s most outspoken critic of his global trade policy of “being a [...]
Hillary Clinton is opposed to a critical piece of the Obama administration’s Trans-Pacific Partnership, which would give corporations the right to sue sovereign nations over laws or regulations that could potentially curb their profits.
Clinton writes in her book ‘Hard Choices’:
We should avoid some of the provisions sought by business interests, including our own, [...]
The business community is out with a six-figure television advertising campaign to support President Obama’s trade agenda.
The Trade Benefits America Coalition — which is backed by the Business Roundtable — will begin airing the ads on national cable networks and in targeted media markets across the country this week.
The ad buy comes as [...]
US President Barack Obama and Japan’s Prime Minister Shinzo Abe are due to meet to discuss a significant trade deal for the Pacific Rim.
The discussion comes amid a week-long state visit to Washington by Mr Abe.
The deal has been in the making for about a decade. Both leaders have advocated for the partnership, [...]
By Paddy Crumlin, National Secretary of the Maritime Union of Australia (MUA) and the President of the International Transport Workers’ Federation (ITF)
Unsafe containers affect workers in every section of the transport chain – that makes it a trade union issue.
Today, on International Workers’ Memorial Day we remember the dockers, seafarers, truck drivers, railway [...]