The FDA’s Foreign Supplier Verification Program (FSVP) implements provisions of the Food Safety Modernization Act. Leading businesses are enabling compliance, considering data management and implementing a holistic regulatory strategy. By Myra Reynolds, LCB, CCS,...
U.S. OFAC SDN List of Sanctioned Venezuelans Lengthens
Thirteen current and former government officials in Venezuela are designated for sanctions that freeze their U.S. assets and bar U.S. persons from doing business with them. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added 13...
Argentina Clears Mercosur-Egypt FTA for Take-off
With Argentine Congressional approval, the free trade agreement signed by trade bloc members and Egypt in 2010 will enter into force within a month. Argentina announced it has sent its formal ratification of the Mercosur-Egypt FTA to the regional trade bloc’s...
NVOCC Share of U.S. Maritime Imports Edges Past 39 Percent
Free report from Descartes Datamyne ranks top 20 NVOCCs by import TEUs in first half 2017, reveals gains in volumes, NVOCC share of U.S. import market. We’ve been tracking the NVOCC share of U.S. maritime imports as an indicator of shippers’ use of logistics services...
Tesla Electric Vehicles Exports Gain in 2016
A new free report from Descartes Datamyne provides trade data on Tesla electric vehicles exports, including Model S and Model X, volumes and country destinations in 2016. Tesla shipped 22,007 electric vehicles (EVs) to markets abroad in 2016, an 11.9% increase over...
U.S. Beef Exports | Primed for Opening Markets
U.S. beef exports to South Korea passed a billion-dollar milestone in year 5 of the KORUS FTA. Beef exports are primed for more growth as the Chinese and Brazilian markets re-open. U.S. Beef Exports: KORUS FTA Trajectory No market provides a better example of the fall...
USDA Halts Imports of Fresh Beef from Brazil
U.S. Secretary of Agriculture Sonny Perdue yesterday announced the suspension of all imports of fresh beef from Brazil because of recurring concerns about the safety of the products intended for the American market. In the wake of the Brazilian government...
Brazilian Beef Exports | Sharp Cuts in Top Markets
Brazilian beef exports have paid a price for Operation Weak Flesh, the Brazilian government investigation into alleged bribery of food-sanitation inspectors. [See Brazilian Meat Exports Skewered.] The investigation culminated in March with charges against 21 meat...
New Zealand Wine Gaining U.S. Market Share on Premium Strategy
New Zealand has a clear shot at its target of $2 billion in wine exports by 2020, reports the New Zealand Winegrowers industry association, with New Zealand wine gaining U.S. market share, surpassing $500 million for the first time in April. Last year, New Zealand...
Closely Watched Data: U.S. Electric Vehicle Imports–Exports
Electric vehicle market watchers can get a sharper view of cross-border commerce in hybrids and all-electric cars, thanks to new Harmonized Tariff System (HTS) codes introduced in January. [See Change and Continuity: New Tariff Codes Debut.] Previously swept under the...