Latest posts about Imports
Page 1 of 11 pages.
Q&A: Mike Burkhart on the Recent Nearshoring Push Into Mexico
March 28, 2024
Mike Burkhart of CH Robinson discusses the shift in imported goods away from China and into Mexico.
S&P Global Market Intelligence data signals solid U.S.-bound imports in January
February 15, 2024
January imports, at 2.59 million TEU (Twenty-Foot Equivalent Units) rose 9% annually, representing the third consecutive month of annual growth coming in at 9%.
Port of Los Angeles and Port of Long Beach report strong January volumes
February 15, 2024
POLA volume came in at 855,652 TEU (Twenty-Foot Equivalent Units), for an 18% annual increase, and POLB reported that January volume, at 674,015 TEU, increased 17.5% annually.
Retailers Forecast Import Growth Despite Red Sea Delays
February 13, 2024
Retailers have generally navigated around the Red Sea cargo disruptions, but trade groups said costs will begin to rise even as they project a growth in imports.
Port Tracker report points to import volume growth over the first half of 2024
February 9, 2024
For calendar year 2023, total U.S.-bound retail container imports, at 22.3 million TEU, were down 12.8% compared to 2022. The report observed that this was in line with expectations, adding that the shift to growth in its forecast is intact.
February Descartes Global Shipping Report highlights solid annual and sequential import growth
February 8, 2024
From December to January, Descartes reported that U.S.-bound container import volumes rose 7.9%, to 2,273,125 TEU (Twenty-Foot Equivalent Units). And on an annual basis, it found that January volumes were up 9.9%, while posting a 9.6% increase compared to pre-pandemic 2019’s 2,036,393 TEU tally. What’s more, the report noted that the 7.9% sequential increase, from December to January, marked its biggest gain for that period over the last seven years.
U.S.-bound imports see gains in December and are down for all of 2023, reports S&P Global Market Intelligence
January 16, 2024
December imports, at 2.2 million TEU (Twenty-Foot Equivalent Units), increased 9% in December, matching November’s annual percentage gain. For all of calendar year 2023, S&P reported that imports fell 8.5%, to 28.9 million TEU, while the fourth quarter posted an 8% annual improvement.
U.S.-bound imports see growth in December while seeing decreases for all of 2023, reports S&P Global Market Intelligence
January 15, 2024
United States-bound containerized freight imports finished 2023 on a growth track, for the fourth consecutive month in December, after a 14-month stretch of annual declines, according to data recently issued by S&P Global Market Intelligence. December imports, at 2.2 million TEU (Twenty-Foot Equivalent Units), increased 9% in December, matching November’s annual percentage gain. For all of calendar year 2023, S&P reported that imports fell 8.5%, to 28.9 million TEU, while the fourth quarter posted an 8% annual improvement.
Descartes’ December Global Shipping Report highlights modest U.S.-bound import growth
January 9, 2024
From November to December, Descartes reported that U.S.-bound container import volumes eked out 0.4% increase, to 2,107,012 TEU (Twenty-Foot Equivalent Units), topping December 2022’s 1,929,032 TEU tally by 9.2% and was up 10.6% compared to pre-pandemic December 2019’s 1,904,828 TEU.
November POLA and POLB volumes continue to see growth
December 14, 2023
The Port of Los Angele reported that total November volume, at 763,262 TEU (Twenty-Foot Equivalent Units), posted a 19% annual gain, and the Port of Long Beach reported that total November volume, at 731,033 TEU, saw a 24.2% annual increase.
U.S.-bound imports see November gains, reports S&P Global Market Intelligence
December 12, 2023
November imports, at 2.41 million TEU (Twenty-Foot Equivalent Units), increased 9% annually, following a 5% annual gain in October. On a year-to-date basis through November, imports are down 9.9% annually, to 29.3 million TEU.
Toy Imports Remain Strong Ahead of 2023 Holiday Season
November 22, 2023
While toy imports are down 30% year-over-year, they remain at 2019 pre-COVID levels, suggesting this holiday season may not be all doom and gloom for retailers.
U.S.-bound shipments see growth in October, reports S&P Global Market Intelligence
November 22, 2023
October imports, at 2.64 million TEU (Twenty-Foot Equivalent Units), increased 5% annually, following a 1% annual gain in September. On a year-to-date basis through October, imports are down 11.5%, to 24.02 million TEU.
POLA and POLB volume gains remained intact in October
November 21, 2023
POLA reported that total October volume, at 725,775 TEU (Twenty-Foot Equivalent Units), was up 7% annually. The Port of Long Beach reported that total October volume, at 755,150 TEU, was up 14% annually.
Descartes’ October Global Shipping Report points to above pre-pandemic volumes
November 10, 2023
From September to October, Descartes reported that U.S.-bound container import volumes increased 4.7%, coming in at 2,307,918 Twenty-Foot Equivalent Units (TEU), which it said was inconsistent with the Peak Season decline that traditionally starts in the August timeframe, while rising 3.9% annually.