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Trade

  • Proposed Portland cold storage needs height allowance

    January 23, 2017

    The Port Authority of Maine's plans for a 120,000-square-foot cold storage facility on the western waterfront will be presented in a workshop with the Portland Planning Board Tuesday.

    January 23, 2017
  • U.S. Commerce Department finds in favor of Auburn Manufacturing

    Staff January 20, 2017

    The U.S. Department of Commerce has determined that China has engaged in unfair trade practices that negatively impacted Auburn Manufacturing Inc.

    Staff January 20, 2017
  • Maine lawmakers back Auburn manufacturer in trade dispute with China

    Staff January 19, 2017

    U.S. Sens. Susan Collins and Angus King and U.S. Rep. Bruce Poliquin, R-2nd District, testified in support of Auburn Manufacturing Inc. during a hearing Wednesday before the U.S. International Trade Commission.

    Staff January 19, 2017
  • First chapter in comeback story for rural Maine?

    Staff January 19, 2017

    Maine's struggling forest products industry, which has been hit hard by the closure of six pulp and paper mills in the past three years, is getting a $1 million boost from the federal government to implement a strategic plan for capitalizing on

    Staff January 19, 2017
  • Spud experts gather for northern Maine summit

    Staff January 18, 2017

    Potato producers, crop specialists and farmers will meet in Caribou Jan. 18-19 for an annual spud summit on one of Maine's top crops.

    Staff January 18, 2017
  • Maine to fund blueberry promotion to U.S. schools

    Staff January 13, 2017

    The Wild Blueberry Commission of Maine received $50,000 in state funding to promote its school sales.

    Staff January 13, 2017
  • 'Road map' for strengthening state's forest economy sets nine priorities

    Staff January 13, 2017

    Stakeholders in Maine's $8.5 billion forest products industry unveiled this week a nine-point strategy to attract capital investment and develop new opportunities in that sector that will sustain good-paying jobs in Maine's rural communities.

    Staff January 13, 2017
  • Five on the Future

    Peter Van Allen January 9, 2017

    Every year Mainebiz surveys five experts on what's ahead for the coming year. We've seen major changes in Washington, with President-elect Donald Trump taking office later this month.

    Peter Van Allen January 9, 2017
  • Maine exports up 5% for year, national average is in the red

    Lori Valigra January 3, 2017

    Exports of Maine goods through October 2016 rose 5.8% and likely will end the year up 5%, compared to a negative national average, according to the Maine International Trade Center.

    Lori Valigra January 3, 2017
  • Portland to host international scallop summit

    December 28, 2016

    Stakeholders in the scallop industry are expected to gather next year in Portland to share research and best practices.

    December 28, 2016
  • Eastport takes another step to advance wood chip exports to EU

    December 27, 2016

    Eastport is one step closer to shipping bulk wood chips to the European Union for use as biomass fuel.

    December 27, 2016
  • Global demand for lobster surges

    December 22, 2016

    Four years after a glut led to the cheapest lobsters since the 1980s, prices on average for lobster are up 37% this year and the highest on record going back decades.

    December 22, 2016
  • 'Made in USA' provision touted at New Balance

    December 14, 2016

    U.S. Sens. Susan Collins and Angus King and U.S. Rep. Bruce Poliquin traveled today to the New Balance factory in Skowhegan to celebrate the "Made-in-the-USA" footwear provision written into the 2017 National Defense Authorization Act.

    December 14, 2016
  • Medium company winner: Maine Coast's rapid growth fueled by export sales of lobster

    James McCarthy December 12, 2016

    Tom Adams had more than paid his dues when he created Maine Coast, his York-based live lobster wholesale company, in 2011.

    James McCarthy December 12, 2016
  • DeLorme request for hearing on fine nixed by Supreme Court

    December 7, 2016

    U.S. Supreme Court denies request from mapmaker DeLorme for a hearing on a $6.2 million fine stemming from a patent infringement case.

    December 7, 2016
  • Maine's urchin fishery garners higher price for catch

    November 28, 2016

    Maine's sea urchins have been fetching high prices since the start of the harvest season in September, largely because the quality of roe is low in urchins harvested elsewhere in the world.

    November 28, 2016

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Today's Poll

Did you spend more or less on holiday shopping this year?
Choices
Poll Description

Total spending on holiday shopping was predicted to surpass $1 trillion this year, according to the National Retail Federation. 

The trade association predicted retail sales in November and December would grow between 3.7% and 4.2% over 2024, which translates to total spending between $1.01 trillion and $1.02 trillion. By comparison, last year’s holiday sales rose 4.3% over 2023, totaling $976.1 billion.

But holiday shopping can be tricky, with some products seeing price increases, and the overall cost being driven up by gift wrapping, packaging and shipping.