We are counting down to the end of 2012. This has been an interesting year; we’ve looked back through our archives for some of the most popular PIERS blog posts of 2012:
What Happens to Old Shipping Containers (February 7, 2012)
PIERS recently featured a link on Facebook, LinkedIn and Twitter to an article about Starbucks’ creative use of an old shipping container. The new concept store that opened just south of Seattle features a “Reclamation Drive-Thru” made out of repurposed shipping containers.
A (Razor) Sharp Idea for Gaining Competitive Intelligence (March 20, 2012)
One of the world’s largest consumer brands and maker of popular men’s razor blades recently came up with a very clever and interesting way to use PIERS data for competitive intelligence. The company suspected that one of their major competitors was getting ready to release a new razor blade in the U.S., but didn’t know what the new razor looked like or when they were planning to release the product.
ILA Strike Watch (October 11, 2012)
Contract negotiations between the International Longshoremen’s Association and the United States Maritime Alliance have been extended through Dec. 29. The extension averted the threat of a strike at the original Sept. 30 expiration. The ILA-USMX coast wide master contract affects approximately 15,000 longshore workers on the Atlantic and Gulf coasts. The master contract covers containerized and roll-on, roll-off cargo in 14 port areas.
The shortest path between two points is a straight line, it just so happens that this line is 50 miles long and the two points are the Atlantic and Pacific Oceans.
Who Tops This Year’s JOC Top 100 Importer & Exporters (June 22, 2012)
2011 was extraordinary in terms of natural catastrophes and disasters – all of which cause a bit of global turbulence in the trade industry. The economic burden doesn’t only affect where the disaster occurred but also ripples through the world economy by affecting global trade volume. A single natural disaster can cause a domino effect that can cripple supply chains as was evident in the auto parts industry after the Japan earthquake last March. These crises “coupled with a soft post-recession consumer market and mixed macroeconomic environment, growth undoubtedly was restrained,” stated the Journal of Commerce in the “Coming Full Cycle”.
Foreign-Trade Zones: A Quiet Source of Economic Stimulus (June 19, 2012)
Foreign-Trade Zones allow producers in the United States to bring in foreign materials for processing into the United States at zero or reduced tariff duties. These zones, which include facilities such as the Virginia Port Authority and Nissan’s two manufacturing facilities in Tennessee, help offset customs advantages available to overseas producers who compete with domestic industry.
Acrylic Acid: From Diapers to Paint (October 2, 2012)
After an abnormal chemical reaction, a fire broke out at Nippon Shokubai Co.’s plant in Japan. An acrylic acid storage residue tank exploded around 2:30 p.m. on Saturday, the fire later spread to another acrylic acid tank and a toluene tank. The plant produces about 20% of the world’s SAP and 10% of global output of acrylic acid.
We look forward to another year of blogging in 2013!