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U.S.-bound import growth track remains promising, notes Port Tracker report
Amid various supply chain issues, United States retail container ports are expected to see imports top the 2-million mark in May for the first time since October, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Port Tracker points to a later peak amid growing volume patterns
For October, the most recent month for which data is available, Port Tracker reported that import volume, for the ports covered in the report, came in at 2.05 million Twenty-Foot Equivalent Units (TEU), marking a 1.3% gain over September and a 2.5% annual increase, marking the first annual increase going back to June 2022. Along with September’s 2.03 million TEU tally, this represents the second month that time imports have eclipsed the 2 million TEU mark going back to October 2022.

Port Tracker report calls for lower U.S.-bound import levels over balance of 2023
The report said that should its projections for the remainder of 2023 come to fruition, the full-year total, at 22.1 million TEU, which would mark a 13.5% annual decline compared to 2022’s 25.5 million TEU, which was off 1.2% annually compared to 2021’s all-time high of 25.8 million TEU.

While volumes are down, August growth is in the cards, reports Port Tracker
For June, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.83 million TEU (Twenty-Foot Equivalent Units), marking a 5.2% gain decrease compared to May and an 18.7% annual decline. For the first half of 2023, total imports came in at 10.5 million TEU, down 22% compared to the same period a year ago.

Port Tracker report notes August imports will hit a peak amid various labor issues
For May, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.93 million TEU (Twenty-Foot Equivalent Units), marking an 8.5% gain over April and a 19.3% annual decline.

U.S.-bound import declines remain intact, reports Port Tracker
For March, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.62 million TEU (Twenty-Foot Equivalent Units), marking a 5% gain over February—which saw its lowest volume in a month going back to May 2020’s 1.53 million TEU, when several Asian-based factories and U.S.-based stores were closed because of the pandemic—while posting a 30.6% annual decline. This tally trailed a previous March estimate, of 1.68...

Slow import growth and tough annual comparisons are key themes of Port Tracker report
United States-bound import volumes are pegged to see gains through the summer months, albeit at below levels seen during the pandemic, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Port Tracker report points to an eventual slow pickup in import volumes
For January, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.81 million TEU (Twenty-Foot Equivalent Units), for a 4.4% increase compared to December and a 16.5% annual decrease.

Lower import volumes are expected through the first half of 2023, notes Port Tracker
A pairing of ongoing economic uncertainty and lower import volumes were the key themes in the new edition of the Port Tracker report, which was issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

U.S.-bound imports are heading back to pre-pandemic numbers, reports Port Tracker
For November, the most recent month for which data is available, import volume for the ports covered in the report, came in at 1.78 million TEU, an 11.3% decline compared to October and a 15.8% annual decline. This represented the lowest monthly tally since February 2021, when it came in at 1.87 million TEU, the lone month in more than two years to come in below 2 million TEU.

Port Tracker report points to declining volumes in the coming months
For October, the most recent month for which data is available, import volume—at 2 million TEU (Twenty-Foot Equivalent Units)—was off 1.3% compared to September and was off 9.3% annually.

Port Tracker report points to ongoing slowing of imports, with retailers’ inventories at high levels
For September, the most recent month for which data is available, import volume—at 2.03 million TEU (Twenty-Foot Equivalent Units)—fell 10.2% compared to August and were off 4.9% annually.

Expectation of lower U.S.-bound import volumes remains intact, notes Port Tracker
For August, the most recent month for which data is available, import volume - at 2.26 million TEU (Twenty-Foot Equivalent Units) - was 3.5% above July and off 0.4% annually, marking the fourth annual decline in the last two years (through August) and for the second time since December 2021.

Port Tracker report reinforces expectations for declining import volumes over remainder of 2022
For July, the most recent month for which data is available, import volume—at 2.18 million TEU (Twenty-Foot Equivalent Units)—was 3.1% below June and off 0.4% annually, marking the third annual decline in the last two years (through July) and for the first time since December 2021.

Port Tracker report expects import declines over balance of 2022 and into 2023
For June, the most recent month for which data is available, import volume—at 2.25 million TEU (Twenty-Foot Equivalent Units)—was down 5.9% compared to May’s 2.4 million TEU. May set a monthly import record, going back to when NRF initially began tracking imports, coming in ahead of the previous record, of 2.34 million TEU, set in March.


 


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