The container market continued to show strength in March as the pull forward ahead of the Lunar New Year continues to pay dividends at the ports.
According to the monthly report by Descartes, U.S. container import volumes in March climbed by 0.4% from February and over 15% from March 2023. The year-over-year gains can be explained by the timing of the Lunar New Year: This year’s holiday occurred nearly three weeks later than in 2023.
Descartes reported that U.S. container import volumes in...
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