Trade deficit

The US trade balance is a representation of the value of imports subtracted from exports.

FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.

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The U.S. trade deficit in goods widened to a record in December 2018 as a sizeable decline in goods exports was paired with a jump in goods imports. This reversed the decline in the deficit from the previous month, and the drop in goods exports sent yearly growth into negative territory for the first time in over two years.

The Congressional Budget Office reveals latest stats on the diminishing Highway Trust Fund as Congress plans to consider new ways to pay for highway infrastructure.

It seemed like the stuff of posturing and hot air. It was hard to see anything substantive changing from the weekend meetings of the G20 nations in Argentina. Will something more than kicking-the-can come from the concessions?

The size of the US goods trade deficit with the rest of the world increased again in October, as a large decline in exports and a small gain in imports pushed the deficit near record levels. The total value of traded goods fell slightly during the month but is still considerably higher than at this point last year despite significant changes to trade policy.

The US trade deficit in goods widened for the third consecutive month in August as another decline exports was paired with a modest increase in imports.  The total value of traded volume fell for the month, but remains generally strong relative to last year.

The US trade deficit in goods narrowed for the second consecutive month, but a decline in both exports and imports means less transportation to and from ports

The goods trade deficit narrowed for the first time in seven months, but total trade going in and out of the US actually declined.

The trade deficit in goods widened for the sixth consecutive month in February. Total goods trade volume was up however, which bodes well for transportation and freight markets

The trade deficit widened in January, and the prospects of a trade war have clouded the outlook for transportation both in and out of the country

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