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Tunneling through Andes to speed global trade

Tunneling through Andes to speed global trade | International Trade | Scoop.it
BUENOS AIRES, Argentina (AP) — South American engineers are trying to tackle one of the continent's greatest natural challenges: the towering Andes mountain chain that creates a costly physical barrier for...

 

At the NCGE conference, noted author Harm De Blij mentioned a daring project that would link Eastern South America with the Pacific as engineers were planning to tunnel under the Andes mountains.  Here is a link to an article on this intermodal transportation project that would lower the shipping costs from East Asia to the Southern Atlantic.  Government officials in both Argentina and Brazil have described the  project as a matter of "national interest."  

 

Tags: transportation, LatinAmerica, globalization, industry, economic, development, unit 6 industry.


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Edgar Manasseh Jr.'s curator insight, February 14, 7:49 PM

The transportation and global industry is growing economically fast and that is one of the most important part of the global business. Latin America along with eastern Asia who are big in the global trade route do businesses and find trade routes enough to provide sufficient production will obviously boom the trading business and create a new spatial opportunity for global industries.

Joshua Mason's curator insight, February 19, 1:06 PM

Rail proves to be a very effective way of transporting a large amount of goods cheaply overland as my freight conductor friend likes to remind me as I ask him why hasn't trucking phased out your job yet. Except he reminds me in more colourful language. Building a tunnel that drops shipping costs from $210 to $177 is a huge boost in savings. What always interests me is the private interest taken in South America and this tunnel is no exception. It's proposed with no help from the government or funding. Fees to use the tunnel would pay for it. Too much privatization or too much government ownership always a red flag for most people. If cheaper prices for imports from Asia and Chile outweigh the concerns for the Argentine, then this project just may be worth the initial 3.9 billion dollar price tag for that long hole in the Andes.

Rachel Phillips's curator insight, May 7, 12:54 PM

This is a great idea for a region that has the need to travel so much through such a tough area. Even if it will cost a lot of money to accomplish, in the long run it will save more than it costs to build.  This could change so much, and really boost their economies. Not only would it speed up shipping time and lower shipping costs, but it would allow more shipping to be done which means more business throughout the entire year as opposed to the situation now with snow getting in the way. Not only would it effect that aspect of the economy but it would also produce jobs for the time of the work being done, which is never a bad thing.

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Federal Government “STEPs” Up to Help Small Biz Expand Into Exports

Federal Government “STEPs” Up to Help Small Biz Expand Into Exports | International Trade | Scoop.it
The U.S. Small Business Administration has announced an award of $17.4 million for small busines...
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The Top Exported Good in Each State, in One Map

The Top Exported Good in Each State, in One Map | International Trade | Scoop.it
The U.S. economy is diverse, with strengths in many different industries. This diversity ultimately strengthens the economy and makes it more resilient to shocks. A map of the top exports from each state illustrates this diversity. Tweet !function(d,...
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The Top Imported Good in Each State, in One Map

The Top Imported Good in Each State, in One Map | International Trade | Scoop.it
Looking at the dominant import of each state reveals the economic commodity on which each state is most dependent. Immediately noticeable is the dominance of oil and oil-related products such as gasoline or vehicles. The U.S. economy, like other...
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Why everyone is so keen to agree new trade deals

Why everyone is so keen to agree new trade deals | International Trade | Scoop.it
GLOBAL trade talks would be great if only they worked. Multilateral deals mean common standards and lower barriers for all, but the Doha round, launched by the World...
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Grow Your Exports Workshop | San Diego Center for International Trade Development

Grow Your Exports Workshop | San Diego Center for International Trade Development | International Trade | Scoop.it

When:
August 5, 2015 @ 9:00 am – 1:00 pm


Where:
Southwestern College Higher Education Center Otay Mesa, 8100 Gigantic Street, San Diego, CA 92154



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"Cash Prizes for Cos. Part of Export Initiative", SDBJ

"Cash Prizes for Cos. Part of Export Initiative", SDBJ | International Trade | Scoop.it

"Fifteen San Diego companies received $10,000 each from the San Diego Regional Economic Development Corp., part of a JPMorgan Chase & Co.-backed initiative to boost the area’s international exports."

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Trade Gap Widened in May as Exports Fell Most in Three Months

Trade Gap Widened in May as Exports Fell Most in Three Months | International Trade | Scoop.it

(Bloomberg) -- The U.S. trade deficit widened in May as exports declined by the most in three months, showing businesses were having trouble drumming up sales to overseas customers.

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Baja California To Be Home Of First Plane Assembled In Mexico

Baja California To Be Home Of First Plane Assembled In Mexico | International Trade | Scoop.it
Governor Vega announced the investment achievement during the Paris Air Show 2015
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Here's why the TPP is such a big deal - CNN Video

Here's why the TPP is such a big deal - CNN Video | International Trade | Scoop.it
What is the Trans-Pacific Partnership? Is it different from "trade promotion authority"? And why do either of them matter? Your questions are answered.
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South Carolina Ports Projects 7 Percent Container Growth

South Carolina Ports Projects 7 Percent Container Growth | International Trade | Scoop.it
Following a record-setting month of container volumes achieved in May, the South Carolina Ports Authority (SCPA) Board of Directors looks ahead to a favorable 2016 fiscal year, with the adoption of a financial plan that includes continued cargo growth, increased operating revenues and significant capital investments. The plan projects pier container volume of 1.15 million…
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Exporting helps local businesses

Exporting helps local businesses | International Trade | Scoop.it
I’ve seen how exporting can powerfully transform a company, and I want to see it do the same for others.
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Singapore says TPP vital for U.S. to be taken seriously in Asia

Singapore says TPP vital for U.S. to be taken seriously in Asia | International Trade | Scoop.it
Singapore's Foreign Minister K. Shanmugam said on Monday it was vital that the United States be able to pass the Trans-Pacific Partnership (TPP) trade agreement if it wanted to stay engaged with the
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State by 6-Digit HS Code and Top Countries - Foreign Trade - US Census Bureau

State by 6-Digit HS Code and Top Countries - Foreign Trade - US Census Bureau | International Trade | Scoop.it
International Trade Statistics: Foreign Trade Division, U.S. Census Bureau
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Grow Your Exports Workshop -Registration and Agenda| San Diego Center for International Trade Development

Grow Your Exports Workshop -Registration and Agenda| San Diego Center for International Trade Development | International Trade | Scoop.it
When:
August 5, 2015 @ 9:00 am – 1:00 pm


Where:
Southwestern College Higher Education Center Otay Mesa, Room 4500, 8100 Gigantic Street, San Diego, CA 92154


Join the San Diego Center for International Trade Development (CITD) at this workshop that will provide you with valuable information on opportunities to grow your exports. REGISTER HERE REGISTER HERE…
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Into the home stretch

Into the home stretch | International Trade | Scoop.it
FIVE years of trade negotiations, 29 chapters of dense rules and hundreds of tariff lines culminate, in one corner of Asia, in whirring spools of white fabric....
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Latest News from the San Diego CITD - July 2015, CITD Newsletter

Latest News from the San Diego CITD - July 2015, CITD Newsletter | International Trade | Scoop.it

Check out the CITD July Newsletter.

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"Co. Plans to Import Cement at Marine Terminal", SDBJ

"Co. Plans to Import Cement at Marine Terminal", SDBJ | International Trade | Scoop.it

"Anticipating a need for more construction material in Southern California, Mitsubishi Cement Corp. is laying plans to import cement by ship through the 10th Avenue Marine Terminal controlled by the San Diego Unified Port District."

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How States Benefit from Trade|

How States Benefit from Trade| | International Trade | Scoop.it

"International Trade and investment supports jobs and economic growth in every state, and now supports an estimated 39.8 million American jobs. U.S. trade-related employment grew three and a half times faster than total U.S. employment between 2004 and 2013."

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Congress Approves Major Trade Legislation

Congress Approves Major Trade Legislation | International Trade | Scoop.it
Congress Approves Major Trade Legislation. Several long-awaited bills that will have a significant impact on the trade community were approved by Congress this week and are expected to soon be signed into law by President Obama.
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U.S. Goods Exported to Trade Agreement Partners Supported 3.2 Million Jobs in 2014 | Department of Commerce

U.S. Goods Exported to Trade Agreement Partners Supported 3.2 Million Jobs in 2014 | Department of Commerce | International Trade | Scoop.it
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Pasha Hawaii Expands Service From Southern California

Pasha Hawaii Expands Service From Southern California | International Trade | Scoop.it
Pasha Hawaii launches its LA-Hawaii Express (LHX) vessel service, providing the islands with increased frequency and more capacity to support the growing Hawaii economy. The direct service offers two vessels that will call Los Angeles every Wednesday and will arrive in Honolulu every Sunday. This quick three-and-a-half day transit will benefit shippers, who will be…
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House GOP eyeing another shot at trade bill

House GOP eyeing another shot at trade bill | International Trade | Scoop.it
House Republicans could take another shot at passing Obama’s trade agenda this week, just days after Democrats handed Obama a stinging defeat by blocking the package. But it’s not clear what’s happened since last Friday’s trade votes that could change the minds of the more than 70 Democrats Obama needs to advance the centerpiece...
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President Obama says China open to joining trade partnership

President Obama says China open to joining trade partnership | International Trade | Scoop.it
Kai sits down with the POTUS to discuss TPP and the future of international trade.
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