U.S. loaded seaborne container imports in July, up 11.2% from June and 16.8% ahead of the same month last year to the highest level for box imports since May 2022, according to Descartes. Read more
U.S. container imports in December 2023, in 20-foot equivalent units, down 9.2% from the year before but up 0.4% from November 2023, leaving U.S. annual import volume down 11.7% last year compared with 2022, according to Descartes Datamyne.
The U.S. has implemented new sanctions aimed at cutting off business networks that direct goods and currency to North Korea. As reported by the Wall Street Journal, a current FBI inquiry into the business activities of a Chinese business owner (who has not been...
Dozens of ships carrying more than half a million cargo containers on Hanjin Shipping vessels were denied access to ports because of uncertainty about who would pay docking fees, container-storage and unloading fees in the week after the South Korean carrier filed for...
America’s busiest ports are sending a warning about the US economy, according to the Wall Street Journal. Citing data from Zepol (now part of Datamyne), the WSJ reports that imports at the three busiest ports – Los Angeles, Long Beach, and New York-New Jersey – fell...
It may be good for you, but there’s a backlash against quinoa, reports the Wall Street Journal in a truly entertaining article by Miriam Jordan about the “mother grain of the Incas” that has been touted as a superior alternative to bulgur wheat, couscous and rice....
Peru is poised to boost copper output as global demand outstrips supply Glencore, the commodities trader whose May initial public offering raised $10 billion, has just paid $475 million in cash to CST Mining Group for a 70% interest in Marcobre S.A.C., sole owner of...
Sinochem and Monsanto talk about joint venturing Sinochem, China’s state-owned chemicals conglomerate and top exporter, and Monsanto, the US-based provider of agrochemicals and biotechnology aimed at increasing farm productivity, are reported (by the Wall Street...
Some US companies are siding with China in this USITC antidumping case The US International Trade Commission (USITC) is nearing preliminary determinations in its antidumping and countervailing duty investigations into multilayered wood flooring from China, the Wall...
Americans may have soured on free trade, but isn’t it in their best interests? by Peter Quinter, guest columnist I am still troubled by the Wall Street Journal lead article on October 4, 2010, with the headline “Recession-Weary Americans Sour on Free Trade.” I asked...
