The US trade deficit made the biggest one-month jump on record in December as a strengthening dollar propelled a surge in imports, reports Bloomberg. The Bloomberg analysis of the various factors contributing to the widest gap between US imports and exports since...
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,...
Trade data first published by the Datamyne blog figures in an article in Seeking Alpha about an apparent discrepancy between the number of battery-powered cars Tesla says it’s delivered, and the numbers reported by independent sources. The analysis, by Michael Blair,...
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...
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...
With 150 careers under her (very tiny) belt, Barbie is becoming an entrepreneur. Outfitted with a business-savvy wardrobe and accessories, Entrepreneur Barbie is making a bid for relevance in a market whose consumers keep getting older younger and abandoning their...
by Bill Armbruster, blog anchor By definition, the Miscellaneous Tariff Bill is “noncontroversial.” Once enacted, the MTB suspends import duties for two to three years on a mixed bag of chemicals and components that aren’t made in the USA but are inputs for US...
Italy’s standing among the top-ranked countries of origin for US footwear imports rests on pricier, higher-end brand products, Datamyne’s bill-of-lading data shows. Almost all footwear bought by US consumers is imported, with China far and away the leading source –...
After stumbling earlier this year, US footwear imports stepped up in May, continuing a positive growth that began in April, the trade data shows. While China remains the leading country of origin, it continues to cede share to Vietnam as shoemaking shifts to...
Whether it’s a champagne toast to Liberté, Égalité, Fraternité on La Fête du 14-Juillet, or an aperitif before, a bottle of wine during, or a brandy after dinner, Americans like to fill their glasses with French imports. Indeed, France is the leading source for US...
