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
Global Shipping Crisis: U.S. Container Import Volume Remains in Record Territory at Start of 2022
It would not have been outside the realms of possibility to think that the start of the New Year would marked by a lull in U.S. import volume. Afterall the traditionally quieter December month was as frenetic as it has been compared with the previous six months. The...
Trade Policy Shifts Flatten U.S. Import Peak Shipping
U.S. tariffs on imports from China consigned the traditional peak shipping season to the ghosts of Christmases past this year. The U.S.-China trade war pushed the U.S. import shipping volume trend line for 2019 to an early peak in July before driving TEUs [20-foot...
Easter Sunday: A Record High First Quarter Chocolate & Candy Imports
Despite some of the most popular confections being produced in the United States, the imports of chocolates and candy still represent nearly $9 billion in value annually. For confection imports as well as the raw materials to produce them (HS 17 and 18), the first...
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...
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...
Li-ion Batteries Drive Chinese Lithium Imports
Lithium, last year’s hottest metal, looks set to be even hotter in 2017. With the new year barely a day old, mineral exploration company Birimian announced the sale of its Bougouni lithium project in southern Mali to China’s Shandong Mingrui Group. The deal signals...
Enforce and Protect Act Regulations Raise Risks for Importers
by John M. Peterson, guest columnist New Customs Enforce and Protect Act regulations have exposed US importers to heightened risk of investigation and stiff penalties for any part they may play in evading antidumping or countervailing duties – AD/CVD – on products...
US Importer Supply Chains Disrupted by Hanjin’s Bankruptcy
The bankruptcy of Hanjin Shipping has left thousands of TEUs in cargos at sea, with Hanjin vessels being turned away from ports of entry or, as reported by CNBC, seized in Chinese ports. Ranked sixth in market share for Asia-North America shipping routes in first-half...