The Year of the Goat (or, by some interpretations, the Year of the Sheep) challenges China’s economy to sustain a steady climb over some rough terrain, at a slower but not too-slow rate (it’s now forecast at 6.8% by the International Monetary Fund). And, all the...
Most apparel and footwear sold in the US is imported – and most is made in China or Southeast Asia and arrives in the US at its West Coast ports. According to Datamyne, 53% of apparel and 76% of footwear move through the five biggest: Los Angeles, Long Beach, Oakland,...
West Coast import volume tumbled 33.4% in January, while the Gulf coast and Puerto Rico saw 12.2% volume increase and East Coast imports climbed 3.4%, reports Bloomberg, citing Datamyne port data released February 18. Nationwide, import volume fell 16.6%, according to...
The US trade deficit made the biggest one-month jump on record in December as a strengthening dollar propelled a surge in imports, reports Bloomberg. The Bloomberg analysis of the various factors contributing to the widest gap between US imports and exports since...
The trade data shows US polyethylene net exports decreased 20% in October and 7% in November 2014 compared to the same months in 2013 – continuing a downward trend that has persisted since 2009 and through last year’s first three quarters: The US is still a net...
China has banned all imports of US poultry and eggs following outbreaks of avian influenza in the Pacific Northwest, reports Reuters. The ban is effective January 8; any poultry shipped after that date is to be returned or destroyed. Other countries have restricted...
The key to Purolator International’s success is the freight forwarder’s extensive Canadian network, according to the profile of the company in American Shipper’s January issue. Purolator projects a 20% increase in total volumes handled in 2014 ... this, despite a...
by Brian J. McCormick, guest columnist In September’s column, we compared first-quarter with second-quarter best and average prices for the basket of 10 chemical commodities that make up the Datamyne US Best Price Benchmark (posted to the Datamyne homepage). This...
December’s string of acquisitions in the global logistics sector – including Berkshire Hathaway’s acquisition of Charter Brokerage, FedEx’s of GENCO, C.H. Robinson’s of Freightquote.com – seems likely to stoke this year’s trend to more M&A activity in transport,...
Can trade and logistics remake Florida? GIS WebTech has shared with us (via twitter) a story from Brookings that raises this question – and answers with an emphatic yes. As Brookings points out, many of Florida’s metro areas have yet to recoup the job losses sustained...
