global trade daily

Ajay Banga, president and CEO of New York-headquartered MasterCard, says his company's partnership with African Development Bank will "bring MasterCard’s proven expertise to the design and scale of new financial services solutions and infrastructure."

news

MasterCard Partners to Expand Access to Digital Financial Services in Africa

MasterCard and the African Development Bank (AfDB) have said they will collaborate in an effort to expand economic development across the African continent “by developing solutions that drive growth in Africa by broadening access and usage of digital financial services.” The deal “will bring MasterCard’s proven expertise to the design and scale of new financial… Read More

features

PAIN RELIEVER Tim Smith’s company, Avazzia, is on a mission to provide the world’s population with non-drug pain relief. Along the way he’s learned many lessons in global trade.
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global logistics

site selection

PARTING IS SUCH SWEET SORROW: Caterpillar Inc. says Joliet, Illinois, is no longer a competitive location to produce the components the company is currently making at its plant there.

Global construction-equipment maker Caterpillar Inc. is considering relocating some of the manufacturing operations at its Joliet, Illinois, plant to Mexico.

FORGET THE ALAMO: San Antonio plans to make history by tripling exports.
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banking

Ajay Banga, president and CEO of New York-headquartered MasterCard, says his company's partnership with African Development Bank will "bring MasterCard’s proven expertise to the design and scale of new financial services solutions and infrastructure."

MasterCard and the African Development Bank (AfDB) have said they will collaborate in an effort to expand economic development across the African continent “by developing solutions

ROYAL MARRIAGE: Royal Bank of Canada's merger with City National Corporation is its fourth foray into the U.S. banking sector.

The Royal Bank of Canada (RBC) has inked a $5.4 billion merger with Los Angeles-based City National Corporation in a deal that marks the latest move

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Trade Credit Insurance Policies are designed to protect policyholders in the event that a domestic or overseas customer or financing recipient becomes insolvent or defaults upon

departments

special reports

PORT OF ANTWERP, BELGIUM With Liège, Belgium, as its European distribution hub, Skechers initally used Port of Rotterdam before switching to Antwerp because of its proximity and lower traffic congestion. Pictured above: Mediterranean Shipping Co.’s home terminal.

HOW SKECHERS AND OTHER GLOBAL SHIPPERS ARE ESTABLISHING EUROPEAN DISTRIBUTION HUBS
With $2 billion and counting in annual sales, Skechers USA

education

pomona
OVER THE HILL Milan’s Duomo Cathedral is more than 600 years old and marks the center of the city.
FIND YOUR CAREER PEAK Students of the University of Denver’s Intermodal Transportation Institute can bring immediate value to their employers—who often sponsor their schooling—through integrated student projects.
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software

STAY CONNECTED: Advances in cloud technology can connect all the steps in exporting, including trade regulation.

THE LATEST ADVANCES IN LOGISTICS SOFTWARE PLATFORMS
Logistics software platforms, used widely for domestic shipments, are now catching on in the export market and are including other

software dev

Austin, TX – Global software application developer SoftServe Inc. has acquired UGE UkrGermanEnterprise GmbH, a German company specializing in high quality individual software development, business software

SOFTWARE

A Commercial Construction Manufacturer Gets More For Less By Switching To NetSuite
When RedBuilt split from Weyerhaeuser, its corporate parent, in August 2009, the engineered-wood supplier’s new