Peter Buxbaum

Global Trade Magazine — U.S. voters had their say yesterday, and they elected Donald Trump the 45 th president of the United States in a sweeping victory. Related Content: World markets plummeted on the news, with stocks from London and Frankfurt to China and Japan nosediving. The Dow futures took a better than five-percent skid, prompting an automatic cessation of trading.

Global Trade Magazine — The headlines on yesterday's Saudi-Russian oil deal blared that the two petroleum giants may be cutting back on production in an effort to force oil prices higher. That's not what the joint statement said.

Global Trade — It has been half a year since the Export-Import Bank of the United States (EXIM) was reauthorized after some political controversy and drama which saw the agency almost closed down for several months. Related Content: Yet thanks to the efforts of a single U.S.

Global Trade — When President Barack Obama became the first U.S. president to visit north of the Arctic Circle yesterday, it was climate change that was on his mind. Obama declared the Arctic to be "on the front lines" of that issue.

Special Operations Technology — The effort to make masses of data more useful to the intelligence and military communities has led to the development of a number of methodologies and technologies designed to transform raw data into useful information.

Freight Business Journal North America — It may not seem so in these uncertain times, but the assumption over the last generation or more has been that international trade will see healthy annual growth, and that this trend will continue for the foreseeable future. Ports throughout the United States have been handling increasing volumes in recent years, but, as a side effect, many have also experienced congestion, often severe congestion. Congestion on any transportation network typically starts at a terminal. Terminal congestion has a snowballing effect that backs up traffic throughout an entire network. U.S. ports have been busy investing billions of dollars expanding infrastructure, the better to accommodate rising volumes, but that’s not going to completely solve the congestion problem. That’s why terminal operators and stevedoring companies are implementing a variety of technologies, from automated cranes to digital applications, to make their operations more efficient and in an effort to expedite the movement of cargo in and out of their facilities.

Freight Business Journal North America — Ever since President Donald Trump started proposing tariffs on imports into the United States, the general assumption has been that this policy would hurt U.S. international trade, and specifically those sectors that would be directly impacted by those levies. As it turns out, that ain’t necessarily so. A more nuanced view of the situation, at least from the perspective of the Port of Everett in Washington state, is that uncertainty, rather than tariffs, has been responsible for suppressing trade. Everett, which specializes in high, heavy, and oversize shipments like projects, among other breakbulk cargoes, saw a substantial slowdown in project cargo volumes for a year and half, and up until recently. The State of Washington is perhaps the most trade-dependent state in the union, with at least one-third of all jobs somehow tied to trade. So it’s no wonder that the Trump administration’s dramatic shifts in trade policy are being closely followed in the state, along with the retaliatory measures being imposed by a host of trading partners.