Demand is growing and freight rates are rising in a sign retailers are restocking inventories again
Reuters – US holiday retailers importing like it is 2019
After a spending spree on goods that began during early COVID-19 lockdowns in 2020, U.S. consumer patterns are normalizing. Read more
gCaptain – U.S. Container Imports Show Modest Increase to Close Out 2023gCaptain –
U.S. container import volume was up nearly 10% in December compared to the same month last year
WSJ – Logistics Operators See a Shipping-Market Rebound
Demand is growing, and freight rates are rising in a sign retailers are restocking inventories again Read more
WSJ – Number of the Day
U.S. container imports in December 2023, in 20-foot equivalent units, down 9.2% from the year before but up 0.4% from November 2023, leaving U.S. annual import volume down 11.7% last year compared with 2022, according to Descartes Datamyne.
Yahoo Finance – December imports surprisingly high amid Panama, Suez Canal woes
With all the headlines on trade disruptions, you might have expected U.S. imports to fall in December. They didn’t, according to new data from Descartes. The U.S. imported 2,107,012 twenty-foot equivalent units of containerized goods in December, up 0.4% from November...
gCaptain – U.S. Container Imports Show Modest Increase to Close Out 2023
U.S. container import volume was up nearly 10% in December compared to the same month last year and continued to trend higher than pre-pandemic levels through peak shipping season, according to the latest Global Shipping Report by Descartes Systems Group....
Lloyd’s List – US east and Gulf coast volumes rise in December despite Panama Canal disruptions
US imports rose slightly in December from November, according to logistics and software provider Descartes. Despite restrictions and congestion in the Panama Canal, major east and US Gulf coast ports made gains, while west coast ports saw volumes fall sequentially....
Supply Chain Dive – Descartes Releases January Global Shipping Report: December U.S. Container Import Volumes Up 0.4% from November; Port Transit Times Increase
In December 2023, U.S. container import volume increased 0.4% from November 2023. The slight aggregate increase masks counter-intuitive swings in volume at the West, East and Gulf Coast ports. The top East and Gulf Coast ports saw increases, while the top West Coast...
WSJ (Number of the Day) – Apparel Suppliers Face Labor Unrest; Oil Patch Fuels Hydrogen Growth
The era of ultracheap labor at the core of many apparel supply chains is under strain. The armies of people who make clothes for Western brands in Bangladesh are protesting for better wages, the WSJ’s Jon Emont reports, and the impact is already buffeting...