June 2024 U.S. container import volume declined 2.1% from May but increased 10.4% compared to the same month last year. Compared to May 2024, imports from China remained flat in June 2024 but boasted 13.8% growth over June 2023. Port transit delays at most West Coast...
AJOT – Descartes report reveals supply chain unpredictability
Descartes’ U.S. Ports Report explains why a down year wasn’t really a down year for U.S. ports. U.S. ports experienced a surprising year in 2023, according to the 2024 U.S. Ports Report from Descartes. “With a few exceptions, 2023 was not the year that most expected...
USNews – U.S. East Coast Port Union Strike Threat to Test Shippers’ Nerves
(Reuters) - - Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs. The International Longshoremen's Association contract covering...
Marinelink – The threat of a port strike on the East Coast of the United States will test the nerves and resolve of shippers
Retailers, manufacturers, and other shippers are already dealing with higher costs and longer transit times due to labor talks in U.S. port on the East Coast. The contract of the International Longshoremen's Association, which covers 45,000 dockworkers in three dozen...
Reuters – U.S. East Coast port union strike threat to test shippers’ nervesReuters
June 12 (Reuters) - Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs. The International Longshoremen's Association contract...
Descartes Datamyne Port Report Charts Impact of Disruptions on 2023 U.S. Imports
Trade data based on bills of lading shows 2023 U.S. imports declined at most of the busiest U.S. ports of entry. After the sharp fall and rise of U.S. imports during and after the pandemic, the flow of 2023 U.S. inbound shipments settled into a...
Harmonizing Trade Party Names: The Critical Imperative for Businesses Harnessing Global Trade Data
In the interconnected world of international trade, global trade data serves as the lifeblood that fuels economic decisions, policies, and strategies for all participants. Global trade data provides invaluable insights into market trends, supply chain dynamics,...
April 2024 U.S. Container Imports Grow 3% Over March and 9.3% Over the Same Period Last Year
In April 2024, global trade data tracked by Descartes Datamyne™ shows that U.S. container imports increased 3% from March and outpaced the same period last year by 9.3% compared to the same period last year. Notably, Chinese imports rebounded after their March...
Robust U.S. Container Import Growth Continues in March 2024
In March 2024, global trade data tracked by Datamyne shows that U.S. container imports saw a modest increase of 0.4% from February but surged by 15.7% compared to the same period last year, despite the Chinese Lunar New Year's influence on late March figures. Notably,...
Baltimore Bridge Collapse: Implications for Trade and Logistics
The recent collapse of a critical bridge in Baltimore has sent shockwaves through the transportation and logistics industry, raising trade concerns through one of the East Coast's busiest ports. The implications of this incident extend far beyond the immediate area,...