What’s Stopping U.S. Companies from Exporting?
Last update: 6:00 p.m. (ET) May 10
“Not enough profit for the time invested and also disputing freights 3 months after the loads ships.” 5/10 11:05 a.m. (ET)
Earlier comments (oldest first):
“For those not exporting it is ultimately their risk assessment that takes into account other listed obstacles to exporting compared to investing the same resources in expanding domestic sales into the large US market, that is perceived (fairly or not) as lower risk.” 4/30 9:50 a.m. (ET)
“Quite simply, the most significant constraint faced by U.S. seaports for increasing U.S. exports is the capacity and efficiency of the nation’s freight transportation infrastructure, both land- and water-side.” 4/30 11:57 p.m. (ET)
“Americans are generally very uncomfortable with anything non American. This is why expect for the large corporations many of the entrepreneurial businessman involved in exports are foreign born Americans who are more familiar & do not fear traveling & dealing with overseas buyers or government entities. The US Department of Commerce’ budget should be increased to create more help desk support, more trade delegations visiting overseas + more network opportunities & creating export financing opportunities for small businesses.” 4/30 4:51 p.m. (ET)
“In the last appx 20 years the USA has developed the ‘lazy way’ of doing business. Everything is done by outsourcing, all the products are only assembled, therefore costing too much.
“Also too many USA execs do not have enough knowledge and the brain power to compete outside of the USA, because they do not know anything about their industry and the processes.
“For 99% of them the products are only a computer blips, and they know nothing about the products, but they think that they are experts who can do any goods. It is normal to see some ex bank director who is a VP for Product Development in the apparel corporation (?).
“Too many execs prefer not to touch the goods, just invoice it, or even better just invoice the profit amount which they are supposed to receive.
“Soon the biggest exporters from the USA will be Disney and Hollywood, and it is sad.” 5/1 1:31 p.m. (ET)
“The lack of space is the biggest obstacle that prevents us from more exports of our goods. That, coupled with the frequent attempts by ocean carriers to increase contract rates.
“Contracts are not worth a dime these days as the rules change constantly, can’t get rates filed that were quoted as carriers plan to increase quoted rates within 30 days of original quote.” 5/2 5:31 p.m. (ET)
“Product support infrastructure: How will a customer in Europe get a product repaired without sending it back to the USA? Poor support stories from overseas that reach the web reach customers in the US and hurt sales.” 5/4 1:45 p.m. (ET)
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Date posted: April 28, 2010