Inbound cargo volume at the United States’ major container ports is expected to stay above 2 million Twenty-Foot Equivalent Units (TEUs) through the summer and into early fall, highlighting the…
Amid all the doom and gloom on container shipping and the talk of an impending recession, U.S. imports are rising off their lows. Inventory-to-sales ratios are still much higher than pre-COVID, yet monthly imports are now either at or above 2019 levels, depending on which data source you use.
U.S. ports imported 2,020,197 twenty-foot equivalent units of containerized cargo in April, Descartes said on Monday.
(Chart: Descartes. Data source: Descartes Datamyne)
U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by the National…
Import cargo volume at the nation’s busiest container ports should climb steadily through this summer, but will remain well-below the record-setting levels seen during the pandemic, the National Retail Federation…
In January, U.S. containerized imports logged their highest month-on-month gain since last May, according to data from Descartes. Inbound volumes rose 7.2% versus December to 2,068,493 twenty-foot equivalent units, Descartes reported Wednesday.
That’s the good news. The bad news is that last month’s imports were almost identical to Descartes’ imports stats for January 2019 and 2020, pre-pandemic.
(Chart: Descartes. Data source: Descartes Datamyne)
The worse news is that this month looks especially...
FIRESIDE CHAT TOPIC: How are retailers responding to supply chain disruptions?
DETAILS: In this fireside chat, FreightWaves reporter Grace Sharkey and Jonathan Gold, the National Retail Federation’s vice president of supply chain and customs policy, discuss how increasing e-commerce sales and capacity crunches are changing retailers’ logistics strategies. Gold dives into how port congestion, automation and acquisitions have changed how retailers design their supply chains.
Consumers are increasingly looking at hybrid shopping options, but they are also increasingly purpose-driven in their purchases, representing large opportunities for retailers than can effectively blend their digital and in-store options.
That is among the key findings from the second annual IBM and National Retail Federation global consumer retail study, conducted by the IBM Institute for Business Value. The study, “Consumers want it all: Hybrid shopping, sustainability and purpose-driven...