Q1 sees a solid finish with strong U.S.-bound import growth, reports S&P Global Market Intelligence
April 29, 2024
March imports, at 2.489 million TEU (Twenty-Foot Equivalent Units), posted a 16% annual gain, and first quarter imports, at 7.537 million TEU, rose 15% annually, amid various supply chain disruptions.
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.
Capacity, demand, and equipment outlooks make for challenging ocean container market
January 19, 2021
Higher rates, tight capacity, and a lack of empty container availability are major factors the current state of the global ocean container market.