U.S. container import volume saw a significant increase in October 2023 compared to September and has even surpassed the levels seen in October 2019 before the pandemic, according to the latest report by Descartes Systems Group. Read more
American consumers just keep on spending — and the volume of containerized imports keeps on rising. October import numbers released Tuesday by Descartes came in exceptionally strong. Read more
In October, U.S. container import volume increased from September 2023, moving significantly ahead of October 2019 imports, according to new research from Descartes Systems Group. Read more
Inbound cargo volume at the nation’s major container ports is expected to slow during the remainder of 2023 after surpassing the 2 million TEU mark for the first time this year in September, according to the Global Port Tracker report released by the National Retail...
Oct 10 (Reuters) - This holiday season, U.S. retailers are 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. U.S. ocean container import growth over the first nine...
Cautious optimism is creeping in amid early signs that the worst of global trade’s slump may be over. Bloomberg’s latest Trade Tracker posted this year’s best readings yet, with only four out of 10 indicators in below-normal range. It’s a significant...
The new edition of the September Global Shipping Report, which was recently issued by Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, was atypical in that U.S. container import volumes saw a modest...
There has been no shortage of doom and gloom about the “plunge” in U.S. imports this year. And yet, the numbers still don’t show anything to be particularly gloomy about. U.S. imports have been rising month on month since February. They were up sequentially yet again...
Oct 10 (Reuters) - This holiday season, U.S. retailers are 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. U.S. ocean container import growth over the first nine...
A projected rise in US import volumes suggests retailers are optimistic about the holiday season, while the Federal Reserve’s interest rate hikes are taking a toll on retail sales and the US economy is showing signs of slowing. Meanwhile, US supply chains have so far...
