U.S. container imports fell 19.4% in November to 1.9 million Twenty Foot Equivalent Units (TEUs) compared with the same month in 2021, according to global trade and shipping data from Descartes Datamyne. It is the first time in almost two years that volumes have...
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Global Shipping Crisis: Managing Supply Chain Risk More Complicated as U.S. Imports Hit Record High
A somewhat positive short-term outlook for the American economy and continued strong consumer spending helped push U.S. container imports into new record territory in May 2022. The spike will likely make managing supply chain risk all the more complex especially when...