Datamyne Blog

The Office of the U.S. Trade Representatives (USTR) is reviewing the General System of Preferences (GSP) status for Indonesia, India and Kazakhstan. Should the countries switch from GSP inclusion to a Most Favored Nation (MFN) standing, the tariff rate for many U.S. imports from these three locations could spike. For…

China has cancelled orders for U.S. soybeans amid an overall decline in exports to that country, leading to fears in the Midwest of what could happen with its biggest market, reports AgWeek. The U.S. and China have been levying tariffs on each other’s trade goods…

U.S. tariffs on imported photovoltaic solar cells and modules sought by U.S. solar manufacturers are having an impact on U.S. solar system installers, according to analysis from Solar Magazine that cites Descartes Datamyne trade data. The tariffs imposed are intended to stem the flow of…

Neopanamax ships are pushing ports to invest in infrastructure that maximizes the use of their available space, Brendan McCahill, Senior Vice President of Trade Data Content at Descartes Systems Group, tells Supply Chain Management Review (SCMR) in an interview. McCahill surveys port projects on the West, Gulf and East Coasts aimed…

The U.S. has implemented new sanctions aimed at cutting off business networks that direct goods and currency to North Korea. As reported by the Wall Street Journal, a current FBI inquiry into the business activities of a Chinese business owner (who has not been officially sanctioned…

While ports across Texas resumed operations, the intermodal chain continued to face challenges in Hurricane Harvey’s wake, reports Transport Topics. After closing to brace for the powerful hurricane, ports at Corpus Christi, Galveston and Houston returned to normal operations as of Sept. 5. Freight carriers…

Children’s taste in toys is changing, with ever younger consumers opting for smartphones and videogames instead of building blocks. Lego is joining other industry leaders in shifting focus to toys for a digital era, Fox Business reports. Picking up a logistics news story that originally appeared…

Oil logged a weekly gain of more than 8% Friday, July 28 — the largest such rise since early December, MarketWatch reports. Three developments indicating tighter supplies ahead are lifting prices: The U.S. is reporting a drop in its domestic stockpiles. The political crisis in Venezuela…

Descartes Datamyne provides supply chain managers with fresh news on domestic ocean cargo gateway trends and productivity in its U.S. Port Report 2016, writes Patrick Burnson in Logistics Management. Brendan McCahill, senior vice president of Trade Data Content at Descartes Datamyne describes the way the granular…

The Dominican Republic is the leading Latin American importer and fifth-ranked importer overall of electric vehicles (EVs) manufactured in the United States as of first-quarter 2017, according to newly available trade data from Descartes Datamyne, América Economía reports. The Caribbean nation stands out as a buyer…