In an interview with SupplyChainBrain, Descartes’ Mark Segner talks about a significant shift in U.S. import sources away from China and towards select countries in Southeast Asia, especially Vietnam and Thailand. Read The Article »
Coronavirus Stress Tests Supply Chains and Slows Trade Flow
Companies in diverse sectors, including consumer electronics, automobiles and automotive parts, pharmaceuticals, and apparel are warning they are mere weeks away from running out of production-critical supplies as Chinese factories shut down and cross-border commerce...
U.S.-China Phase One Agreement Focuses on Relationship Reset
President Donald Trump and China’s Vice Premier Liu He have signed an initial agreement that commits China to policy changes on intellectual property (IP), technology transfer, financial services, and currency management. China also promises substantial purchases of...
10 Bellwether Trends in International Trade
Here are 10 trends in international trade with high potential to change the course of U.S. import-export trade in the year ahead. 1. Shifting Currents in Global Energy Flows The lifting of restrictions on U.S. oil exports together with the shale revolution have...
Pest Control Deal Opens Way to China for US Rice Exports
US rice exports are near to being cleared to enter the world’s biggest market for rice. The US Department of Agriculture has confirmed that the US and China have agreed on a phytosanitary protocol to mitigate pests such as insects – long a sticking point for the...
Warning Signs in Trade Data on China Presaged Drop (Says WSJ)
Global stock markets had a rude awakening last week when signs that China’s economy is slowing became unmistakable. Not so the astute market observers who have been tracking the trade data on China – or so reports the Wall Street Journal. According to the WSJ, one...
Trade Data on China: Eye on Export Competition
China’s currency devaluations aimed at making its goods more attractively priced for global markets have prompted the Obama administration to urge the world’s leading exporter to rely less on foreign sales and more on domestic consumption to stabilize and grow its...
Datamyne Releases Report on US Import Trade through Tianjin, China
Datamyne bill-of-lading data reveals importers, suppliers, carriers, trade in hazmats Miami – August 17, 2015 – Datamyne, a leading provider of international market intelligence, has released a new report, available as a free download, revealing the top consignees...
Trade Data on Tianjin, China: Traffic in US Imports
The repercussions from August 12’s deadly Tianjin blast continue to be felt across global supply chains. Generally ranked among China’s (and by extension the world’s) top 10 ports, Tianjin handled US$45,681,904,539 worth of exports, accounting 6.10% of the country’s...
China Surpassing US in Chemicals Sales
by Brian J. McCormick, guest columnist When I began writing this column in 2013, I focused on China as a source of better-priced chemicals. I took note then of a 2011 Deloitte forecast that China was on the verge of surpassing the US in total chemicals sales. Time to...