US Container Imports Likely Peaked in July, Says Port Executive

Reported about 18 hours ago

US container imports may have peaked in July as retailers rushed to stock up on goods to avoid rising tariffs. The Port of Los Angeles reported an 8% increase in containerized imports compared to July 2024, as importers aimed to collect holiday inventory early due to concerns over tariff hikes. Major retailers like Walmart and Target have shifted their import strategies, leading to early stocking and a stable August, although overall imports are down compared to the previous year.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis