The Port of Oakland’s Executive Director, Danny Wan, has stated that the phase 1 U.S.-China trade deal is “the beginning to the end of damaging trade restrictions” though it will take some time “to get global trade flowing freely again”. Imports to Oakland from China fell by 8.6% year over year in November while those from Taiwan and Vietnam surged 32.2% and 62.9% higher respectively in November. One of the fastest growing importers to Oakland from Vietnam may have been clothing maker Patagonia, with shipments linked to the firm having surged by 115% year over year in the three months to...
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.