Container-sized Imports Deflate

Oct 20, 2022

According to Reuters, the volume of container imports to the U.S. took a sharp decline in August and September 2022. 

Article summary:

Historically, 25% of imported goods were packed and transported in large shipping containers as opposed to smaller shipments. Container-sized shipments surged nearly 40% during the pandemic, as consumers replaced spend on experiences with binge shopping.  

The surge clogged ports, caused delays and further fueled consumer demand and price increases. 

With a lot of those large shipments finally processed at the ports, large U.S. retailers are faced with an excess of goods and a reduced appetite to re-order in the short term. 

See full article: U.S. container imports tumble as supply stress gives way to slack — Reuters

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