Things are slowing down at the US’s largest oil-import hub, reports Bloomberg. Six years ago, the Louisiana Offshore Oil Port (LOOP) was receiving more than one million barrels a day. Now it’s taking in just half of that. Indeed, the US Customs district in Morgan...
WTO Rules US COOL Unfair to Canada, Mexico
Are the NAFTA partners getting set to trade sanctions instead of imports and exports? The US is being urged to drop its country-of-origin labeling requirement for imported meat and livestock following the World Trade Organization’s decision in favor of the Canadian...
Russian Sanctions Impact Uruguay, Paraguay Exports
Paraguay’s exports to Russia surged 50.75%, while Uruguay’s exports rose 34.11% this August compared to the same month last year. September’s trade data indicates more modest gains, with Uruguay’s exports to Russia up 12.09% and Paraguay’s increased 6.90% over...
Bloomberg Uses Datamyne to Chart Port of Savannah’s Growth
Savannah, the fastest-growing port on the US coast for a decade, is on pace to overtake New York as the top East Coast container port. Savannah’s September imports climbed 21.7% compared with a 7% increase for New York, reports Bloomberg, drawing on maritime import...
Argentina Beefs up Food Exports to Russia
The latest trade data from Argentina shows continued strong growth in its beef as well as other food exports to Russia this September, with frozen, boneless, beef up 375% compared to the same month a year ago. At the same time, an extreme weather-driven contraction in...
Happy World Standards Day!
Today (October 14) is World Standards Day, an annual day of tribute to the thousands of experts who share their know-how and expertise to develop international standards, organized by the world’s largest standards developers: the ISO (International Organization for...
Bechtel Floats Plan for Offshore Port on East or Gulf Coast
by Bill Armbruster, blog anchor Bechtel is proposing to build an offshore port along the East Coast or Gulf Coast. The behemoth engineering company says the new port, with an annual capacity of 4 million TEUs, would eliminate the need for hugely expensive dredging of...
Argentina’s Food Exports to Russia Surge in August
Just before Russia countered sanctions for its role in the Ukraine crisis with a ban on food imports from the US, EU, Canada, Australia, and Norway, it was reportedly lining up alternative sources for meat, poultry, fish, fruits and vegetables. Latin America, in...
HS Tariff Codes for Tesla Products
The World Customs Organization (WCO) has proposed a set of Harmonized System (HS) tariff codes to tag and track import-export trade in hybrid, plug-in hybrid and all-electric passenger vehicles. The new codes are part of a package of amendments to the HS that is...
Chemical Price Storm Clouds on the Horizon?
by Brian J. McCormick, guest columnist The Chemcost search for the new cheap in US chemicals continues … even as chemical price storm clouds appear to be gathering. We’ve compared first-quarter with second-quarter best and average prices for the 10 chemical...



