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Trade

  • Maine exports to Canada are down 24%

    September 8, 2015

    Exports from Maine to Canada are down 23.7% so far this year, due in part to an 11-year low in the Canadian dollar's value in relation to the U.S. dollar.

    September 8, 2015
  • David Harbison Jr. tells the story of Bison Pumps of Houlton

    Lori Valigra September 7, 2015

    David Harbison Jr. remembers the crippling ice storm of January 1998 like it was yesterday, but for another reason. It spawned his current company, Bison Pumps of Houlton.

    Lori Valigra September 7, 2015
  • Verrill Dana sets up craft beverage, Arctic practice groups

    Lori Valigra September 2, 2015

    Portland law firm Verrill Dana recently set up a craft beverage industry group with eight attorneys and soon plans to announce another group with 12 attorneys focused on increasing North Atlantic and Arctic trade and commerce that is expected once

    Lori Valigra September 2, 2015
  • MITC gets $161K to boost Maine exports

    August 25, 2015

    The Maine International Trade Center is receiving a $161,000 federal grant to help small businesses in Maine export their products.

    August 25, 2015
  • As Maine companies look overseas, understanding global economies is key

    Lori Valigra August 10, 2015

    With ties to Iceland through Eimskip, an October trade mission planned to Japan and China, and Portland's selection as host to the global Arctic conference in 2016, more Maine companies are looking beyond the horizon, especially to Asia and Europe

    Lori Valigra August 10, 2015
  • Women to Watch: Gena Canning, Pine State Trading Co.

    Peter Van Allen August 10, 2015

    Gena Canning's phone rang. A frantic volunteer was trying to keep pace with his biggest event of the year, Yarmouth Clam Festival, which attracts 100,000 people over three days.

    Peter Van Allen August 10, 2015
  • China's appetite for lobster boosts prices in Maine

    August 5, 2015

    Demand for North American lobster, with its “good luck” red color and savory taste, is skyrocketing in China, along with prices.

    August 5, 2015
  • Final EPA Clean Power Plan gets mixed reviews; Maine ahead in meeting goals

    Lori Valigra August 4, 2015

    President Obama and Environmental Protection Agency Administrator Gina McCarthy on Monday released the final Clean Power Plan to mixed reviews Monday.

    Lori Valigra August 4, 2015
  • Garrand named Maine’s honorary consul of Canada

    July 22, 2015

    Brenda Garrand, founder and CEO of Portland advertising agency Garrand, was recently appointed Maine's honorary consul of Canada — a unique distinction for a New England state.

    July 22, 2015
  • Kepware opens first international office in Tokyo

    July 16, 2015

    Kepware Technologies, a company that develops software for automation communications, said Tuesday that it has opened its first overseas office, in Tokyo, Japan.

    July 16, 2015
  • Maine slides to 48th in construction job growth

    June 25, 2015

    Employment statistics from Associated General Contractors America rank Maine 48th in the country for construction job growth, based on 700 fewer construction workers being employed at Maine companies compared to this time last year.

    June 25, 2015
  • Freedom farm finds nothing’s free about name

    June 16, 2015

    A small family farm in Freedom is planning to change its name after being sued by a multinational tomato-growing firm over a trademark dispute.

    June 16, 2015
  • Maine wins bid to host 2016 Arctic conference

    June 15, 2015

    Maine will become the first state in the contiguous United States to host an Arctic conference in 2016 that is expected to attract senior officials and experts from 20 countries.

    June 15, 2015
  • Chinese banks show interest in Maine exports

    May 22, 2015

    A top Chinese diplomat and representatives from several Chinese financial institutions attended the Maine International Trade Center’s annual conference Thursday.

    May 22, 2015
  • Portland may host Arctic conference

    May 5, 2015

    Portland may be the host for a 2016 international forum that would focus on environmental and economic issues concerning governments and indigenous people in Arctic territories.

    May 5, 2015
  • Looming risk: Foreign exchange concerns grow as Maine expands international trade

    Lori Valigra May 4, 2015

    The strong U.S. dollar stretches buying power for Americans traveling overseas, but for businesses, large currency fluctuations can eat into revenues and competitiveness.

    Lori Valigra May 4, 2015

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Today's Poll

Do you have a side hustle?
Choices
Poll Description

In the latest installment of our “Made in Maine” series, we visit the Gorham studio of textile designer Erin Flett, who has turned her after-hours basement side hustle into a well-known brand with a national wholesale network.

Nationwide, side hustlers started a record number of businesses during the pandemic. Today, a growing number of younger professionals are supplementing their income with a side job, as shown in a survey by Bankrate, the personal finance website. It found that 34% of Gen Zers (ages 18 to 28) have a side hustle, outpacing millennials (31%), Gen Xers (23%) and boomers (22%).

While some people can turn their side gigs into profitable businesses, others keep hustling their entire working lives –  or have neither the time nor the interest to do so.