Trade

Listen in as USC associate professor Nick Vyas discusses where global supply chain management is at, and where it needs to go

Despite tariffs, a trade war and a pandemic, the Chinese economy is once again the world’s factory

Even though this development is unlikely to have a material impact on the current state of global trade, specifically as it relates to tariffs and the ongoing U.S.-China trade war, it was very interesting to hear thoughts about it from two of the foremost U.S.-based trade experts on a call hosted last week by the Port of Los Angeles (POLA), POLA Executive Director Gene Seroka and National Retail Federation Vice President of Supply Chain and Customs...

May shipments—at 1,002,314—dropped 7.4% on an annual basis. And on a year-to-date basis, shipments through the first five months of 2020—at 4,840,335—were off 2.9% compared to the same period a year ago. Containerized shipments in May—at 2,043,403—were off 19.7% annually, and on a year-to-date basis, they were off 8.3% annually, to 10,762,310.

Coming off of October, which marked the worst performing month for United States-bound waterborne shipments since March 2016, or three and a half years, in absolute terms, when there was a 19.4% decline, imports fell again in November but at a reduced rate, according to data issued this week by global trade intelligence firm Panjiva.

September shipments, at 1,050,900, were up 7.3% compared to September 2017, and on a year-to-date basis through September they are up 5.7% to 9,116,507.

The good economic times may not last forever

February shipments, at 949,198, rose 13% annually, marking the fastest rate of growth going back to February 2016, topping January’s 7.7% annual increase, which was the best annual growth rate going back to April 2017 at that point. Through the first two months of 2017, total U.S.-bound waterborne shipments are up 10.3% compared to the same period a year ago at 1,958,188.

November shipments were up 3.9% annually to 979,797 topping October’s 1,016,892. Import volumes have been up for nine consecutive months and 16 of the past 17 months. In 2017, U.S.-bound shipments have been up every month except for February.

September shipments were up 4.9% annually at 976,605. While this is down compared to August’s 1,066,698, the annual improvement is ahead of August’s 2.2% annual spread.

March imports––at 855,511–– were up 7 percent annually and up 1.9 percent compared to February

More than 165 PMMI members to represent North American market in Düsseldorf, Germany.

Acquisition expands Descartes’ content solutions with comprehensive logistics trade data.

To take place at Canadian Manufacturing Technology Show 2017, events will cover secotrs including industrial automation, power transmission and logistics systems and equipment.

September shipments––at 927,600––were up 1.3 percent annually and down 11.2 percent compared to August’s 1,042,942 which marked the first time shipments for a single month have eclipsed the 1 million mark since Panjiva first began collecting this data in July 2007.