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No Brexit deal could snarl major ports, hitting exports
Hook of Holland, Netherlands — Traffic moves quickly and smoothly at the Hook of Holland ferry terminal on the western edge of Europe’s biggest port, with hundreds of trucks streaming onto ships regularly setting off for the English port of…
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Lack of CETA awareness hindering opportunities for Canadian business: EU trade czar
Montreal, QC — In a warehouse on the outskirts of town, European trade commissioner Cecilia Malmstrom surveyed rows of boxed-up electric bicycles bound for bike-share systems from Honolulu to Sao Paulo. “I wouldn’t bother with the Netherlands,” she said to…
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DHL now offers less-than-container load rail service from Europe to Asia
Bonn, Germany — The demand for rail freight capacity on the “New Silk Road” is continuously increasing, and this land connection is not a one-way street. Rail transport in the reverse direction, from Europe to Asia, is also rapidly growing.…
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Sparx launches weekly LCL service from France to Canada
Toronto, ON — Sparx logistics announced the launch of a weekly less-than-container (LCL) program linking France to Canada. The new service, which will depart from Le Havre and port in Montréal, includes multiple consolidated containers per week and is accessible…
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US, EU and China vie for influence in Eastern Europe
Bucharest, Romania — President Donald Trump on Monday reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties between the region and the U.S. and European Union. But the West is not…
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ECB’s Draghi: Trade war chief worry for global economy
Frankfurt, Germany — The European Central Bank pushed forward Thursday with its plan to gradually phase out its monetary stimulus, saying it is confident in the region’s growth. But its president, Mario Draghi, warned that the United States’ trade dispute…
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UK govt says ‘no deal’ Brexit would mean red tape, expense
London, U.K. — Businesses could face red tape at the border, customers could see higher credit card fees, patients could endure delays to medical treatment and there could even be a sperm shortage if Britain leaves the European Union next…
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China, EU to form group to modernize global trade rules
Beijing, China — China and the European Union agreed Monday to launch a group that will work to update global trade rules to address technology policy, subsidies and other emerging irritants and preserve support for international trade amid U.S. threats…
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EU says US tariffs are ‘distorting’ global trade flows
Brussels, Belgium — Europe’s top trade official said Wednesday that new U.S. steel and aluminum tariffs are distorting global trade and could damage hopes for economic growth. Cecilia Malmstrom, the European Union’s trade commissioner, also said the bloc would not…
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No Brexit deal is nightmare scenario for Europe’s exporters
The Hague, Netherlands —It’s a nightmare scenario for any Dutch tulip or tomato grower: A truck laden with fresh produce trapped in a traffic jam at Rotterdam or Hook of Holland waiting for customs clearance. But it’s a possibility Dutch…
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Envoys hail Brexit progress but no Irish border breakthrough
Brussels, Belgium — Negotiators from the European Union and Britain on Monday hailed major progress in the Brexit talks, but conceded there had been no breakthrough on keeping open the Irish border. Britain is due to leave the European Union at the…
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UK leader says there’s new optimism in Brexit talks
London, U.K. —Prime Minister Theresa May says there is a new sense of optimism about negotiations over Britain’s departure from the European Union, insisting that a preliminary deal has given fresh impetus to the talks. May met with her…