The International Monetary Fund (IMF) is calling for more diversity in global value chains as a means to boost supply chain resilience. Meanwhile, Descartes Datamyne trade data confirms the point that diversification reduces losses to supply disruptions. Moreover, our...
Address the Global Shipping Crisis by Leveraging Automation and Trade Intelligence
The Covid-19 pandemic has played havoc with global trade flows, as consumers have displayed an increased need for goods while manufacturing struggles to meet demand. The system for moving those products has been under unprecedented stress for months, and its weak...
The Global Logistics Shipping Crisis: November U.S. Import Numbers Point to Continued Port Congestion
U.S. import volumes continued to run at a record pace in November 2021. Despite this overall success, retail inventories are not catching up to pre-pandemic levels as a percentage of sales. The ultimate takeaway: as long as the high demand for goods continues in 2022,...
Global Trade Trend: Steep Surge in Holiday Toy Shipments Help Keep U.S. Import Volume at Near Record Highs
Surging imports into the U.S. towards the end of the year typically ring up holiday cheer for distributors, retailers and other businesses. But with many ports, especially those along the western seaboard, experiencing severe and sustained congestion, higher volumes...
The Global Logistics Shipping Crisis: Just like “Groundhog Day”
Reviewing the logistics or economic metrics may lead you to think that your days are on repeat. U.S. Import data continues to show that the end to the global shipping crisis is not yet on the horizon. For this month’s review, we’re adopting a more holistic approach by...
Global Trade Data: Metals Markets Rise on Post-pandemic Demand Surges, Supply Crunch
Market watchers who bet on a post-pandemic commodities supercycle are looking like the smart money. Resurgent demand chasing short supply is driving prices to premium levels across global markets. Among the hottest sectors, metals saw prices take off from March lows...
Global Logistics Crisis Update: Is there a Light at the End of the Tunnel?
When in the midst of a challenging journey, most of us check the progress we are making, however slow, by looking for the light at the end of the tunnel. As part of Descartes’ ongoing update on the global shipping crisis, we will examine key logistics and economic...
Global Trade Data: Shift to ‘Stuff Economy’ Prolonging the Global Shipping Crisis
While it seems that COVID-19 is largely under control, the pandemic continues to affect supply chains in a profound way, according to latest global trade data from Descartes Datamyne. This includes new disruption of manufacturing and logistics operations with further...