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Canada’s Trade Deficit—Or Surplus—is a Hot Button Issue

As an uncertain world economy—and uncertain NAFTA prospects at home—shake up world industries and trade, Canada’s trade balance has been in deficit for over a year. While narrowing deficit margins were reported in January of 2018, they increased again in February, widening to 2.69 billion. Exports are rising with higher automotive sales, but so are imports. Energy purchases beyond the border helped raise imports 1.9%, which isn’t anywh...

Overlapping Import and Export Markets Present Opportunities for Exporters and Importers

If you’re an American, that cell phone you’re using was probably manufactured in another country—and this is despite the fact that cell phones made in America rank 7th in the United States’ exports. It’s a similar situation for gas, vehicles, computers, and more. In fact, 6 out of 10 of the top imports into America are part of their top 10 exports. Americans, it seems, crave goods exported from outside the country. If you’re Canadi...

Brexit Is Already Hurting UK Companies.

Talks of Brexit seem to have somewhat cooled down since the 2016 vote. If you somehow haven’t heard of it, Brexit refers to the the British Exit from the European Union. The United Kingdom’s decision to part ways with the EU was finalized after a majority Leave vote won during the June 23 referendum in 2016. Almost a year later, on March 29, 2017, Prime Minister Theresa May submitted an official two-year leave notice to the EU. As of Marc...

Canada says it will tighten arms exports

Where do the weapons come from that are used in armed conflict and human rights abuses around the world? It is likely they’ve been exported from the United States, the number one arms exporter in the world, or Russia, who comes in second. But they could have similarly been exported from Canada, who ranks as the fifteenth international arms exporter. Canada’s Minister of Foreign Affairs, Chrystia Freeland, wants Canada to hold itself to a ...

What Is The Difference Between LTL and FTL?

In front of you is a shipment eagerly awaiting delivery to a lucky customer. One obstacle stands in your way as you ask yourself, “Do I ship Less Than Truckload or Full Truckload?!” Every decision you make while getting your products from point A to point B is an important one in determining your business’ success. This step in the process breaks down into only two options - phew! LTL Shipping Defined When using ground freight ...