March 2017 Newsletter

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Photo: Bloomberg News

Imports Surge at U.S. Ports

Upbeat consumers, restocking retailers and strong dollar help boost shipments
By Erica E. Phillips

Imports surged at the nation’s ports in January, buoyed by a postelection swell in consumer confidence, retailer restocking after the holidays and a strong dollar that made imported goods cheaper.

The neighboring California ports of Los Angeles and Long Beach imported 714,413 loaded 20-foot equivalent units, a standard measure for container cargo, in January. That amounted to a 10.6% increase over a year earlier—the strongest import performance at the nation’s largest port complex since last year’s peak month of August. On the export side, Los Angeles and Long Beach handled more than 600,000 TEUs, but more than half of them were empty.

According to research firm Panjiva, which tracks trade data, U.S.-bound ocean shipments increased 5% across all of the nation’s ports in January. The South Carolina Ports Authority reported a monthly record for container volume in January, and the Port of Oakland, Calif., said imports were up 3.6% over the same month last year.

“It looks upbeat,” said trade economist Jock O’Connell. “We’re still seeing a modest amount of domestic economic growth in the U.S., generating demand for imported products, and the dollar continues to be strong,” he said. “The dollar can buy a lot of foreign goods.”

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Image: Levi Strauss

Levi’s dreams big to lead change in the fashion industry

By 2025, the world’s oldest jeans brand will make all of its products from 100 per cent sustainable cotton as part of an ambitious plan to “close the loop” on its supply chain.     

By Robin Hicks

Levi Strauss is dreaming big to close the loop on its manufacturing supply chain, and is looking to revolutionize the apparel sector with ideas that could shakeup the conventional notion of a fashion brand.

By 2025, the world’s oldest jeans brand plans to manufacture all of its products from sustainable cotton.

So in just eight years, the family-run US$4.5 billion firm will use less cotton sourced from cotton fields to make its famous 501s, relying instead on old clothes from people’s closets.

There is just one minor obstacle, though. The technology to turn worn cotton into a quality material that looks like, denim hasn’t been invented yet.  But Michael Kobori, the vice president of sustainability at Levi’s, is the optimistic sort. “Anything is possible,” he tells Eco-Business. Currently, just a fraction of all the cotton Levi’s uses comes from recycled sources, with the rest coming from virgin cotton. To raise the ratio of recycled material will depend on innovations in science.

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Congratulations to Erik Holck of Port Jersey Logistics on earning an MBA from Rider University!

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unnamedSome Food Facts

  1. Strawberry isn’t a berry – but a banana is.

  2. Avocados and watermelon are berries too.

  3. Ketchup used to be sold as medicine.

  4. Carrots were originally purple

  5. Honey never spoils.  You can eat 32,000-year-old honey.

  6. Peas are one of the most popular pizza toppings in Brazil.

  7. The twists in pretzels are made to look like arms crossed in prayer.

  8. “Spam” is short for spiced ham.

  9. Apples, like pears and plums, belong to the rose family.

  10. Betty White is actually older than sliced bread.

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