U.S. container imports fell 19.4% in November to 1.9 million Twenty Foot Equivalent Units (TEUs) compared with the same month in 2021, according to global trade and shipping data from Descartes Datamyne. It is the first time in almost two years that volumes have...
Descartes Datamyne global trade data shows merchandise imports cresting in May for the second year in a row, well ahead of the traditional August-October peak shipping season. Consumers are expected to spend more on holiday shopping, but they are spending earlier on...
As national governments supercharge the drive toward electrification, the scramble to secure supplies of Lithium-Ion (Li-ion) batteries is fueling major investments in mines, factories, and R&D. Global trade data is capturing signs of shifting cross-border supply...
Port of Los Angeles executive director says protracted contract negotiations are pushing importers to Gulf and East Coast gateways Imports into the nation’s busiest container port complex in Southern California are plummeting as U.S. trade sputters and retailers and...
10/10/22 – Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports. Read More
More than halfway into 2022 and we are only certain about one thing – that predicting global trade flows is harder than ever. As Descartes’ Chris Jones writes, high inflation and the Russian invasion of Ukraine threaten to depress the economy. Read The Article »
The International Monetary Fund (IMF) is calling for more diversity in global value chains as a means to boost supply chain resilience. Meanwhile, Descartes Datamyne trade data confirms the point that diversification reduces losses to supply disruptions. Moreover, our...
A somewhat positive short-term outlook for the American economy and continued strong consumer spending helped push U.S. container imports into new record territory in May 2022. The spike will likely make managing supply chain risk all the more complex especially when...
Economic downturns, trade conflicts, a pandemic, the shipping crisis, and a hot war in Europe – global supply chain disruptions now come in rapid-fire, tsunami-scale waves. Global trade intelligence can help companies reroute and rebuild supply chains today and craft...
In an interview with SupplyChainBrain, Descartes’ Mark Segner talks about a significant shift in U.S. import sources away from China and towards select countries in Southeast Asia, especially Vietnam and Thailand. Read The Article »
