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Tag Archives: imports

Pandemic to Weigh on U.S. Ports’ Peak Shipping Season

Container ships. Container cranes

REUTERS, AUGUST 13, 2020 Restocking at retailers “modest” says Gene Seroka, executive director of the Port of Los Angeles LOS ANGELES, (Reuters) – Imports at major U.S. container seaports could hit their lowest level in four years as the novel coronavirus pandemic pummels a U.S. economy that was already grappling with negative effects of the U.S.-China trade war, experts said. …

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Gold was America’s top import in May. Why?

Gold bars

PortandTerminal.com, July 3, 2020 The value of gold imports increased more than 1,700% over the previous month of May, replacing computers as the top U.S. import. WASHINGTON – U.S. trade fell a whopping 29.83% versus the same month last year and, for the first time, gold was the most valuable import, according to Census Bureau data released Thursday for the …

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