Latest posts about Imports
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U.S. Blocks Imports from 26 Chinese Cotton Firms Over Forced Labor
May 17, 2024
The U.S. has intensified its efforts against forced labor by blocking imports from 26 Chinese cotton companies.
U.S.-bound import growth remains intact in April, reports Descartes
May 16, 2024
From March to April, the report found that U.S.-bound container import volumes were up 3.0% compared to March and were up 9.3% annually, coming in at 2,208,849 twenty-foot equivalent units (TEU). Descartes explained that the 3.0% gain was downwardly impacted by the effects of the Chinese Lunar Year, adding that when compared to pre-pandemic April 2019, volumes increased 15.1%.
LM Podcast Series: S&P Global Market Intelligence’s Rogers assesses 2024 import landscape
May 15, 2024
In this podcast, Logistics Management Group News Editor Jeff Berman interviews Chris Rogers, Head of Supply Chain Research for S&P Global Market Intelligence.
Port Tracker report is bullish on import growth over the balance of 2024
May 8, 2024
For March, 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 1.93 million Twenty-Foot Equivalent Units (TEU), down 1.4% compared to February and up 18.7% annually, a period when Asian export activity was slow on the heels of Lunar New Year shutdowns, it noted.
S&P Global Market Intelligence’s Rogers assesses 2024 import landscape
May 2, 2024
In this podcast, Jeff Berman, Group News Editor, for Logistics Management and Peerless Media, interviews Chris Rogers, Head of Supply Chain Research for S&P Global Market Intelligence.
Q1 sees a solid finish with strong U.S.-bound import growth, notes S&P Global Market Intelligence
May 1, 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.
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.
Descartes March Global Shipping Report highlights ongoing steady volume momentum
April 10, 2024
From February to March, the report observed that U.S.-bound container import volumes eked out a 0.4% increase, to 2,145,341 twenty-foot equivalent units (TEU), while posting a 15.7% annual gain, ahead of pre-pandemic 2019 by 20.6%. Descartes explained that the timing of the week-long Lunar New Year in Asia, which commenced on February 11 may have held import growth back, as the subsequent impact on U.S. import numbers was not realized until the last two weeks of March.
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.