Your latest in freight, transportation, logistics and regulatory updates.

Canadian International Merchandise Trade

Canada's merchandise exports increased 1.2% in May while imports rose 1.1%. As a result, Canada's trade deficit with the world narrowed from $857 million in April to $814 million in May.

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Canada Trade Deficit Shrinks as Exports to EU Rise

Canada's trade deficit narrowed modestly in May as exporters boosted sales to Europe in the face of sluggish U.S. demand, but the rise in exports is unlikely to prevent a second-quarter slump in economic growth.

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U.S. Outlines Vision for International Cooperation on Supply Chain Security

World Trade Interactive reports that in a June 23 address to the World Customs Organization Council in Brussels, U.S Homeland Security Secretary Janet Napolitano identified seven areas in which the U.S. wants to pursue initiatives with other countries to strengthen global supply chains.

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European Parliament Approves Air Safety Deal With Canada

An EU air safety agreement with Canada was approved by a show of hands in Parliament on Thursday. This agreement, the farthest-reaching of its kind with a third country to date, was signed in May 2009, but needed Parliament's consent under the Lisbon Treaty.

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