• U.S. Trade Deficit Decreases in October

    U.S. Trade Deficit Decreases in October According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, the U.S. trade deficit decreased in October to $43.4 billion. October U.S. exports increased $2.3 billion, reaching $197.5 billion, while U.S. … READ MORE »

  • Trade Deficit Increases to $43 billion in September

    Trade Deficit Increases to $43 billion in September According to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the U.S. trade deficit increased to $43 billion in September, up from $40 billion in August. U.S. exports decreased … READ MORE »

  • Port Congestion at Ports of Los Angeles and Long Beach

    Port Congestion at Ports of Los Angeles and Long Beach According to the JOC, “container ships are backed up once again at the Ports of Los Angeles and Long Beach waiting for days for a berth as gridlock descends on … READ MORE »

  • LA-LB Port Congestion

    LA-LB Port Congestion Late peak-season container volumes, chassis shortages, and rail delays have resulted in congestion at the ports of Los Angeles and Long Beach. Both ports have reported that container traffic through August are nearly 5 percent higher than … READ MORE »

  • U.S. Trade Deficit Decreases in August

    U.S. Trade Gap Decreases in August According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, “total August exports of $198.5 billion and imports of $238.6 billion resulted in a trade deficit of $40.1 billion, down from … READ MORE »

  • Food Facilities Must Renew FDA Registration by December 31st

    Food Facilities Must Renew FDA Registration by December 31st Registration is now open for food facilities, both foreign and domestic, that manufacture, process, pack, or hold food for human or animal consumption in the United States. Food facilities are able … READ MORE »

  • Individuals Can be Held Liable for Company Imports

    Individuals Can be Held Liable for Company Imports Recently, a president of a company transferred ownership of merchandise while it was being imported into the United States to another company, which he chose to be the importer of record. He … READ MORE »

  • U.S. Exports Increase in July, Trade Gap Decreases to $40.5 Billion

    U.S. Exports Increase in July, Trade Gap Decreases to $40.5 Billion According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, July exports increased by $1.8 billion from June, reaching $198 billion. July imports also increased by … READ MORE »

  • ILWU and PMA Reach Health Care Agreement

    ILWU and PMA Reach Health Care Agreement The ILWU and PMA announced late Tuesday an agreement has been reached for the health care portion of the 2014 contract negotiations. Many consider the agreement to be a positive sign of progress … READ MORE »

  • Ningbo Trucker Strike Ends

    Ningbo Trucker Strike Ends The week-long trucker strike at the Port of Ningbo has ended. It may take awhile before port operations return to normal as they try to work through the backlog. According to the JOC, “the labor action … READ MORE »