The surge in imports may be a triumph of hope over reality. By Bill Armbruster Have U.S. importers been too optimistic about growth prospects in the U.S. this year? I think so — and I think that helps explain why there such was a mad scramble for container space out...
The Day the Earth Got Knocked off Its Axis …
… in other news, trade in wine, fish, fruit is disrupted The Chilean earthquake may have shifted the Earth’s axis by 3 inches and shortened the length of an earth day by about 1.26 microsecond NASA calculates. It has most certainly caused hundreds of casualties and...
The Datamyne In the News
The March cover story in American Shipper (subscription only) on “The Resilient NVO” features data and analysis from The Datamyne, including the top 100 non-vessel operating common carriers on Asia-to-U.S. and Europe-to-U.S. trade lanes based on TEU volumes,...
The Datamyne Top 5 Sources of U.S. Citrus Imports
Low Expectations
U.S. consumers are pessimistic; confidence is back in Asia, Brazil The Conference Board Consumer Confidence Index (released Feb. 23, based on a survey of 5,000 U.S. households through Feb. 17) now stands at 46.0 (1985=100), down from a relatively optimistic 56.5 in...
OJ on Ice
A January cold snap spikes the price of citrus Latest assessments from the U.S. Department of Agriculture put the loss to Florida citrus growers from January’s cold snap at 7.4 million boxes of fruit at minimum — this on top of a harvest forecast that was already 20%...
Engine for growth
Betting that more exports = more jobs The Obama administration’s National Export Initiative (NEI) aims to double U.S. exports over the next five years by expanding government promotion efforts. The ultimate goal is job creation. As the Economic Report of the President...
Cloudy with a chance of …
Trade outlook depends on the dollar’s rise and fall Back from a three-day weekend you might have picked up a copy of the Wall Street Journal on Tuesday to find the U.S. dollar had strengthened relative to the euro, the result of a crisis of confidence in the European...
The Datamyne Top 5 U.S. Exports to South Korea
The Datamyne Top 5
Top U.S. Export Markets "We will double our exports over the Next five years..." – President Obama, SOTUS, January 27 Here's where we start: Top Countries of Destination 2009 - JAN to NOV - FOB Value US$