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Trade
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Despite US-Canada border restrictions, Houlton holds on
Updated: August 24, 2020Houlton is the site of a busy border crossing between the United State and Canada, and international travelers have long spurred the town's economy. But all that changed when the pandemic hit. Still, some local businesses are optimistic.
Updated: August 24, 2020
Forest economies in focus at MITC virtual mission to Finland
August 17, 2020The mission, organized by the Maine International Trade Center's Maine North Atlantic Development Office (MENADO), kicks off with a webinar today, to be followed by two further webinars in August and an online business-to-business company
August 17, 2020
In Mainebiz podcast, lobster exporter talks about clawing back from market loss
July 20, 2020A new series of podcasts from Mainebiz asks CEOs and other top business leaders how they've bounced back from adversity. This week's installment features Tom Adams, founder and CEO of Maine Coast, an international wholesaler and exporter of lobster.
July 20, 2020King renews push for easing tariff impact on lobster industry
July 20, 2020Maine's Independent senator laid out his concerns in a letter to U.S. Department of Agriculture Secretary Sonny Perdue, demanding what the agency plans to do to support an industry "that continues to be harmed by China's retaliatory tariffs."
July 20, 2020
GM who led transition at Portland Fish Exchange to step down
Updated: July 8, 2020The Portland Fish Exchange's longtime general manager, Bert Jongerden, will retire at the end of the year. He established new sources of revenue and oversaw the transition, in 2008, to an internet-based platform, replacing the traditional "outcry"
Updated: July 8, 2020
Trump orders assistance for lobster industry
June 25, 2020President Donald Trump on Wednesday signed a memorandum ordering assistance for lobster fishermen harmed by tariffs imposed by China in 2018 and 2019. The type and scope of assistance wasn’t specified.
June 25, 2020
Westbrook manufacturer fast-tracks machine for COVID-19 testing part
Updated: June 2, 2020The Westbrook maker of robotic mass-assembly systems worked around the clock to produce a machine, necessary for making a coronavirus testing kit part, in eight weeks, down from a typical 35 weeks.
Updated: June 2, 2020
Food, medicine imports keep Portland port busy during COVID-19
Updated: May 29, 2020The head of the Maine Port Authority tells Mainebiz that cargo loads in the first quarter were 10% above last year, with a heavier volume of food and medicine shipments coming in these days.
Updated: May 29, 2020
Maine traffic from Canada plummets during pandemic
Updated: May 15, 2020Border restrictions between the U.S. and Canada, which may soon be renewed, don't apply to most commercial traffic and returning citizens. Nevertheless, travel into Maine fell over 40% in the first month of the pandemic.
Updated: May 15, 2020Lumber industry, Maine company speak out against Canadian protections
May 4, 2020As the international economic downturn affects forest products industries on both sides of the border, producers in Canada are asking for more government help — while their rivals in Maine and elsewhere say that would worsen unfair trade practices.
May 4, 2020
Federal relief again sought for Maine apple growers
March 10, 2020Recent industry and international disruptions have put Maine’s apple growers in an untenable situation that threatens their continued existence. U.S. Sen. Susan Collins, R-Maine, and U.S. Rep. Jared Golden, D-Maine 2nd District, are seeking economic
March 10, 2020Maine lobster may be exempted from Chinese tariffs
February 25, 2020Details are still sketchy, but Chinese importers of lobster may be able to purchase Maine's most lucrative marine species without paying the price of a retaliatory tariff.
February 25, 2020
As it tries to reclaim Maine lobster brand, Trenton co-op adds 'Fair Trade' label
Updated: February 25, 2020Lobster 207 has been awarded Fair Trade Certification, and is the only lobster group in the world to earn it. Certifying sustainable livelihoods and protection of the environment, the designation may help the co-op as it promotes Maine lobster.
Updated: February 25, 2020
Portland-based Diversified Communications acquires UK aquaculture trade show
Updated: February 10, 2020The trade show, Aquaculture UK, expects to draw 25% more attendees this year than at its last gathering. Diversified is expanding its portfolio of international events that target aquatic industries.
Updated: February 10, 2020Delegation demands China's compliance on lobsters
Updated: January 24, 2020Maine's congressional delegation is pressing the Trump administration to hold China accountable for its commitment to purchase lobster in the recently announced U.S.-China trade deal.
Updated: January 24, 2020New trade deal a boon for Maine's lobster industry, perhaps
January 16, 2020A new trade deal between the U.S. and China includes a provision expected to boost purchases of Maine lobster. But the deal doesn’t specify how much, nor does it remove existing tariffs.
January 16, 2020
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