Shippers Weigh Benefits of Sourcing Closer to Home and The Journal of Commerce Releases Reports on Potential Benefits of Recent DOT Highway Program Shutdown

NEWARK, N.J., March 8/PRNewswire/ -- In today's cover story, The Journal of Commerce explores whether globalization is reaching its limits and whether the offshoring that help build global trade is moving in reverse, creating a new trend that supply chain experts call nearsourcing. It's supposed to be the response of manufacturers and retailers to volatility in global shipping markets, but The Journal of Commerce finds shippers face big challenges before they'll move closer to home.

(Photo:  http://www.newscom.com/cgi-bin/prnh/20100308/NY66739 )

Also included this week are essential reports detailing the recent high-tension Washington standoff over Department of Transportation programs and why that might conversely speed up a new highway bill.  

Rising freight rates, volatile fuel prices, fluctuating currencies, slow transits and missed vessel loadings are just some of the defining issues U.S. and European importers face in sourcing goods from low-cost, far-flung regions. Restructuring their supply chains by moving production closer to destination is a solution tentatively being explored. Executive Editor Joseph Bonney analyzes the move to "nearsource," in this week's Cover Story, finding that what works for some is highly impractical for many others.

This week's edition of The Journal of Commerce also includes an essential package of reports analyzing this month's standoff in Washington, led by a filibustering Sen. Jim Bunning, that, for two days, shut down Department of Transportation highway programs at a most critical time for states' infrastructure projects. According to one report, this high-tension controversy actually may spur quicker-than-expected action on a new six-year highway bill.  

To view daily news visit www.joc.com. For all media enquires, including article reprints, please contact Editorial Director Paul Page.

Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.

To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as a 10% discount on all JOC Events and trade shows, UBM Global Trade Directories and select PIERS products. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Transpacific and Transatlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.  

About UBM Global Trade - UBM Global Trade, formerly Commonwealth Business Media, Inc., has been the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide since 1827. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, The Journal of Commerce Events, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in East Windsor, NJ, with offices throughout the United States and in Canada and Hong Kong. For more information, explore www.ubmglobaltrade.com or call 800-221-5488 (+1-609-371-7700 outside the U.S. and Canada).

About United Business Media Limited - UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring, and the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries is organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com.

SOURCE The Journal of Commerce

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