Expectations for U.S. Exports High, Capacity Reality Low; The Journal of Commerce Reports on Government and Business Attempts at Balance

NEWARK, N.J., March 29 /PRNewswire/ -- International trade experts are touting resurgent exports as the remedy to the ailing U.S. economy, but the reality of limited transportation capacity is creating a solid obstacle to this vision. The Journal of Commerce reports today on the barriers facing government and private business in the effort to maximize export potential.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100329/NY77990 )

Optimism is high and plans are in place to promote exports – a rise in which could help rectify the huge U.S. trade imbalance and ensure stability of the country's external debt, stimulate employment and fuel domestic industrial recovery. A National Export Initiative proposed by Pres. Obama would double exports through aggressive trade promotion, liberalizing export controls and prying open overseas markets that discourage imports through non-tariff barriers. However, plans and expectations are not enough to surmount the obstacle already curtailing U.S. export growth: There is simply not enough vessel capacity or equipment to meet resurging overseas demand. Exporter frustration has even prompted recent charges at a congressional hearing that carriers are acting as a cartel threatening the competitive position of U.S. exporters.

The Cover Story of this week's Journal of Commerce provides in-depth analysis of the dilemma facing government and business in trying to balance the ambitions U.S. exporters have and the business reality they face.

This week the JOC supplement publication, Breakbulk magazine, delves into the subject of India's survival of the global recession. The country's GDP growth of 6.4 percent last year is evidence of the strength of its breakbulk cargo business, but -- with stiff competition for cargo and breakbulk/heavy-lift specialists, inadequate infrastructure and a cultural tradition of merciless negotiation -- what comes next?

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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