The recent collapse of a critical bridge in Baltimore has sent shockwaves through the transportation and logistics industry, raising trade concerns through one of the East Coast's busiest ports. The implications of this incident extend far beyond the immediate area,...
Global Shipping Data: Despite a February Decline in U.S. Container Imports, Year-over-year Volume Surges
In February 2024, trade data tracked a 6% decline in U.S. import volume from January. Conversely, import volumes surged by 23.3% compared to the same month last year. Despite conflicting figures, a deeper analysis suggests February remained strong, with overall volume...
Global Trade Data: Decoding Automotive Trends, Supply Chain Dynamics, and Climate Change Impacts
Download the free January 2023 report on U.S. tire imports that accompanies this article. Download the Sample Report Descartes Datamyne trade data gauges the impacts of the post-pandemic recovery, supply chain disruptions, trade policies, and climate change...
How to Find Suppliers: Harness Global Trade Data for Sourcing, Assessments, and Supplier Investigation
Introduction In the global market place, any successful business is consistently thinking about how to find suppliers. However, identifying trustworthy suppliers who adhere to ethical practices can be challenging. To make informed decisions, businesses can...
Global Trade Trends: U.S. Imports up 7.9% in January 2024, from December 2023
Global trade data tracked by Descartes indicates that In January 2024, the volume of U.S. imports in the surged by 7.9% compared to December 2023, marking the most substantial month-over-month growth for January in the past seven years. The increase was largely...
Global Shipping Report: December U.S. Container Import Volumes Rise 0.4% from November while Port Transit Times Increase
In December 2023, the volume of container imports in the United States grew 0.4% over November 2023. Despite modest growth, there were noteworthy fluctuations in volume observed at ports along the West, East, and Gulf Coasts. Notably, major ports on the East and Gulf...
U.S. November Import Volumes Down 9% from October while Panama Drought Continues to Impact East and Gulf Coast Ports
In November 2023, U.S. container imports fell 9% from October, particularly affecting East and Gulf Coast ports. This decline aligns with past year-end trends and includes a slightly faster drop in imports from China. The Panama drought is now impacting U.S. container...
Global Trade Data: Perennial Mainstay of Peak Shipping, Toy Manufacturers and Importers Face Headwinds
After flat sales growth in 2022, toy manufacturers and importers bet on lean inventories in the 2023 run-up to the year-end holiday gift-giving season, Descartes Datamyne trade data shows. Changing consumer tastes and inflation’s toll on household budgets encouraged...
Navigating Global Shipping Data: A Snapshot of U.S. Imports in October 2023 Shows a Break from Pre-Pandemic Trend, Rising 4.7%
In October 2023, U.S. imports witnessed a substantial surge, diverging from pre-pandemic trends and reaching levels beyond those of October 2019. The following trade data insights offer an overview of key developments: U.S. Container Import Growth Import...
Global Trade Data: China’s Dominance in the Solar Supply Chain Puts Green Energy Goals at Risk
The sun may shine on everyone, but for the photovoltaic (PV) cells that convert sunshine into electricity, the world depends on China. Descartes Datamyne global trade data provides a view into the global solar supply chain and avenues to de-risk and diversify sourcing...