Reported about 7 hours ago
Import demand in the U.S. has decreased to roughly 8% below 2023 levels after a volatile but strong first half, indicating a subdued economic outlook. While September typically sees a drop in imports, this year's peak was driven by temporary tariff suspensions on China. Despite some growth in inventory levels, overall demand for goods remains weak, with transportation data showing declines in trucking volumes. As freight demand slows, the already strained transportation market may face additional challenges, especially ahead of the holiday season.
Source: YAHOO