Pace of growth would double exports in five years The Export-Import Bank of the U.S. (Ex-Im Bank) is trumpeting government statistics that indicate U.S. exports of goods and services increased by 16.9% in the first four months of 2010. At this pace, the U.S. is on...
Closely Watched Ship
Taicang Dragon inaugurates TCC’s no-frills transpacific service Norwegian carrier The Containership Company (TCC) launched its new port-to-port service with the first of the start-up’s five vessels arriving May 2 at the Port of Los Angeles laden with cargo from...
Braving the Risks
The U.S. Census Bureau profiles 288,700 exporters A profile of U.S. companies that exported to one or more countries 2007-2008 has just been released by the U.S. Census Bureau. The report provides general information on companies that braved the risks of doing...
Miss Swaziland’s "Dubai"
There’s a name for re-exported, pre-owned, repurposed cars News that General Motors sold more cars in China than in the U.S. in March sent us to the data on U.S. car imports and exports. Among other searches, we looked for 2009’s top destinations for U.S. “passenger...
The Datamyne Top 5 U.S. Imports from China
Plastic Bag Tug of War
First-ever countervailing duty to be imposed on Vietnam The Department of Commerce has issued final determinations of anti-dumping duties to be imposed on plastic grocery bags made in Taiwan, Indonesia, and Vietnam. Polyethylene retail carrier bags — or PRCBs — have...
U.S. Imports Surge
Latest stats from The Datamyne show 15.9% jump in February The Datamyne’s latest statistics from its U.S. imports bill of lading database show imports recovering this February as compared with February 2009, but still short of prerecession levels. Here are the TEU...
Cockeyed Optimism
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...
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...
As Seen on TV
Who makes this stuff? The Snuggie wearable blanket, the PedEgg foot callous file, TopsyTurvy upside down tomato planter — these and more solutions to problems you didn’t know you had until you saw the infomercial are brightening up an otherwise gloomy retail sector....