Inbound cargo volume at the nation’s major container ports is expected to slow during the remainder of 2023 after surpassing the 2 million TEU mark for the first time this year in September, according to the Global Port Tracker report released by the National Retail...
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Global Trade Policy: Anti-Dumping and Countervailing Duties, the Hot Topic at the 2023 ICPA Fall Conference
By Chris Kahan, Business Development Manager, Descartes Datamyne The recent ICPA Fall Conference in San Antonio, Texas, covered a range of important international trade compliance topics but it was the session on anti-dumping and countervailing duties that attracted...
REUTERS – As US holiday shopping season nears, retailers importing like it is 2019
Oct 10 (Reuters) - This holiday season, U.S. retailers are importing like it is 2019. After a spending spree on goods that began during early COVID-19 lockdowns in 2020, U.S. consumer patterns are normalizing. U.S. ocean container import growth over the first nine...
BLOOMBERG – Global Trade Searches for Bottom in Slump of 2023
Cautious optimism is creeping in amid early signs that the worst of global trade’s slump may be over. Bloomberg’s latest Trade Tracker posted this year’s best readings yet, with only four out of 10 indicators in below-normal range. It’s a significant...
LOGISTICS MANAGEMENT – September U.S.-bound imports buck seasonal trend, with a slight gain over August, reports Descartes
The new edition of the September Global Shipping Report, which was recently issued by Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, was atypical in that U.S. container import volumes saw a modest...
FREIGHTWAVES – US container imports still rising, topping pre-COVID levels
There has been no shortage of doom and gloom about the “plunge” in U.S. imports this year. And yet, the numbers still don’t show anything to be particularly gloomy about. U.S. imports have been rising month on month since February. They were up sequentially yet again...
YAHOO FINANCE – As US holiday shopping season nears, retailers importing like it is 2019
Oct 10 (Reuters) - This holiday season, U.S. retailers are importing like it is 2019. After a spending spree on goods that began during early COVID-19 lockdowns in 2020, U.S. consumer patterns are normalizing. U.S. ocean container import growth over the first nine...
LLOYD’S LIST – Retailer optimism to boost US imports
A projected rise in US import volumes suggests retailers are optimistic about the holiday season, while the Federal Reserve’s interest rate hikes are taking a toll on retail sales and the US economy is showing signs of slowing. Meanwhile, US supply chains have so far...
AJOT – Descartes releases September Global Shipping Report
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its September Global Shipping Report for logistics and supply chain professionals. In August 2023, U.S. container import volume increased slightly compared to...