Global Trade Intelligence

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Global Shipping Report: May 2024 U.S. Containerized Imports Break 2.3M TEUs

May 2024 U.S. container import volume continued its robust 2024 growth, increasing 6.2% from April and 11.9% when compared to the same month last year. Imports from China again had a strong month, reaching the second highest monthly volume since...

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May 30, 2024

Supply Chain Brain: ESG and the Challenges for Supply Chain Compliance

Supply Chain Brain shares insights from Descartes’ Jackson Wood into why taking a three-dimensional approach to risk is critical for developing a holistic compliance program that delivers cost benefits and strategic value today, while setting the organization up to meet the ESG disclosure requirements of the future.

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May 30, 2024

Export Compliance Manager: Compliance takes its seat at the strategy table (p. 20-21)

In the latest issue of Export Compliance Manager, Jackson Wood, Director of Industry Strategy, Global Trade Intelligence at Descartes discusses why governance and collaboration are the pivotal elements of a robust multi-dimensional global trade compliance strategy in 2024.

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May 30, 2024

Supply Chain Brain: How AI Transforms Trade Classification and Compliance

Supply Chain Brain shares insights from Descartes' Anne Van de Heetkamp on the power of AI to transform classification and trade compliance processes, increasing operational efficiency, boosting productivity, and enhancing product classification accuracy.

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Ensuring UFLPA Entity List Compliance in Response to Anti-Forced Labor Efforts

The Uyghur Forced Labor Prevention Act (UFLPA) empowers the Customs and Border Protection (CBP) to scrutinize imports from the Chinese province of Xinjiang due to the potential use of forced labor. A key tool in this initiative is the UFLPA Entity...

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May 09, 2024

Global Trade Magazine: Descartes Releases April Global Shipping Report: March U.S. Import Container Volume Continues Strong Trajectory

Global Trade Magazine spotlights key findings from Descartes’ latest global shipping report, including that March U.S. container import volumes were strong, continuing the robust performance that began in January 2024.

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May 09, 2024

Food Logistics: March U.S. Import Container Volume Continues Strong Trajectory

Food Logistics shared key findings from Descartes’ global shipping report, including that April’s update of U.S. container import volumes show that the first quarter of 2024 has been a strong start, and that port transit delays continue to improve as the drought in Panama and Middle East conflict have yet to impact East and Gulf Coast ports.

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International Banking Group Fined $3.7 Million for Multiple OFAC Sanctions Violations

An International private banking group has agreed to pay a civil penalty of $3.7 million to resolve OFAC sanctions violations. Initially facing a base civil penalty of $10.6 million, the reduction to $3.7 million was attributed to the company’s...