LOS ANGELES, Jan 10 (Reuters) - U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said on Tuesday. Read the full article on Reuters.com
Imports Into Southern California’s Ports Plunged 26% in October
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...
US imports sink in September, suffer steepest drop since 2020 lockdowns
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
Logistics Management Speaks to Descartes Datamyne
Industry publication, Logistics Management, speaks to Brendan McCahill, Senior Vice President of Trade Data Content at Descartes Datamyne. Read how Mr. McCahill covers port trends, carrier service, the larger ocean supply chain and more in the article by Patrick...
AgWeek Weighs Trade Data on Cancelled Soybean Orders
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 in...
U.S. Solar Panel Tariffs Aimed at Overseas Exporters Hit Domestic Installers
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 [date] are...
Ports Maxing out Available Space: McCahill Tells Supply Chain Management Review
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....
WSJ Traces Businessman’s Links to North Korea Trade
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...
Carriers Face Congestion in Aftermath of Harvey: Transport Topics
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...
Lego Shifts from Building Blocks to Devices: WSJ via Fox
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...