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...
Fasten Your Seatbelts for Turbulence in Chemicals Prices
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...
Hot Properties: Freight Forwarder, NVOCC M&As Stoked
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,...
Florida’s Trade and Logistics Leverage
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...
US Almond Exports Volume Down, Value Up in October
Our latest trade data confirms that the California drought’s toll on almond harvests has resulted in decreased export volumes – down nearly 13% in October compared with the same month a year ago. At the same time, the shortage appears to have driven up prices enough...
Agricultural Juggernaut: California’s Almond Exports
This caught our eye in the story about the reboot of US-India trade relations: Almonds round out India’s top five imports from the US. Almonds are an export success story for the US – and for California in particular. In fact, almonds are a leading US export crop,...
US-India Trade Relations: “Forward Together”
Earlier today, US Trade Representative Michael Froman surveyed recent progress toward liberalizing trade achieved by India and the US in a speech to the Federation of Indian Chambers of Commerce and Industry. Froman is in New Delhi to co-chair with India’s Trade...
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...
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...