Brace for impact: Data shows US import demand still rising

container ship

As Deutsche Bank analyst Amit Mehrotra told American Shipper back in March, “You ain’t seen nothing yet.” He was right. The latest data reveals that despite a deluge of inbound cargo since the second half of last year, import demand is not abating — it’s increasing.

Importers are still playing catch-up. The Institute for Supply Management (ISM) Customers Inventories Index, released Monday, dropped to 28.4 for April. That set a new record for the lowest number since the index was created in 1997...

https://s29755.pcdn.co/news/brace-for-impact-data-shows-us-import-demand-still-rising

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