Anti-dumping regulations are a significant concern for importers and exporters engaged in international trade. These measures are imposed by governments to protect domestic industries from unfair competition in the form of goods entering the market below market...
Leveraging Artificial Intelligence for HTS Classification Determination in Global Trade
Recently, artificial Intelligence (AI) has been revolutionizing industries across the globe, and it is starting to make its mark across global trade and supply chain processes. AI was a big focus during this year's International Compliance Professionals Association...
Robust U.S. Container Import Growth Continues in March 2024
In March 2024, global trade data tracked by Datamyne shows that U.S. container imports saw a modest increase of 0.4% from February but surged by 15.7% compared to the same period last year, despite the Chinese Lunar New Year's influence on late March figures. Notably,...
Baltimore Bridge Collapse: Implications for Trade and Logistics
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...