Continued Strong Import Growth During Peak Shipping Season

Reported 2 months ago

Container imports at U.S. ports have been experiencing substantial double-digit growth since mid-July, with positive import booking trends expected to continue into August. Despite concerns regarding consumer financial health, demand for goods remains strong, propelled by shifts in consumer purchasing behavior. Although shipping spot rates have peaked and high rates persist, overall volumes indicate a resilient market. Observations signal that logistics managers should prepare for demand fluctuations, particularly in the coming holiday months.

Source: YAHOO

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