U.S. Trade Stats and Trends | Q1 2021

U.S. Trade Stats and Trends | Q1 2021

Through the first quarter of 2021, U.S. trade has been making a recovery after collapsing in 2020 due to the COVID-19 pandemic. The WTO estimates that the volume of world merchandise trade is expected to increase by 8.0% in 2021 after falling 5.3% in 2020, continuing its rebound from the collapse that was lowest in…

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Trade Risk Guaranty provides insight on what to expect when your bond is deemed insufficient.

[Video] A Breakdown of a Customs Bond Insufficiency Letter

In an educational video, Trade Risk Guaranty explains what is included in a U.S. Customs Bond Insufficiency Letter and what each section means.   U.S. Customs Bond Sufficiency continues to be a primary concern as U.S. Customs and Border Protection moves into a new year. However, the topic remains as confusing as ever for many…

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The Impact of COVID-19 on the Top 20 U.S. Ports

The Impact of COVID-19 on the Top 20 U.S. Ports

Due to limitations on manufacturing and transport, COVID-19 has had a significant impact on U.S. imports. The top 20 U.S. ports have seen a drastic change in import volume, according to a report released by Descartes Datamyne. This top 20 U.S. port report released by Descartes Datamyne ranks 2019 port performance and the early impact…

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Personal Protective Equipment U.S. Stats and Trends

[Infographic] Personal Protective Equipment: U.S. Stats and Trends

The Personal Protective Equipment Manufacturing industry has become one of the most vital industries in the United States as a result of COVID-19. Statistics show that worldwide, the PPE industry is making an effort to meet the increase in demand for these products. Use and Availability of PPE The COVID-19 pandemic has driven a demand…

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Trade Risk Guaranty explains the what an insurance hard market is and why premiums are going up.

[Webinar] Why Are You Paying More For Cargo Insurance?

In a new installment of our educational webinar series, Trade Risk Guaranty explains why importers and currently paying more for cargo insurance and what caused the hard insurance market. Over the course of the past year, insurance premiums have been on the rise. The increases started in 2019, have continued into 2020, and are expected…

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How New Consumer Shopping Patterns are Affecting the Supply Chain

[Infographic] How New Consumer Shopping Patterns are Affecting the Supply Chain

Consumer trends and preferences evolve based on the environments they exist in. COVID-19’s impact on everyday routines has created a cause for examination across all aspects of the supply chain. As the world adjusts to a new set of norms in response to the COVID-19 crisis, the phrase “business as usual” has a new meaning…

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