DESCARTES Systems Group has released its December Global Shipping Report for logistics and supply chain professionals, reports UK's Post & Parcel.
In November, US container import volume fell five per cent compared to October, a decline consistent with typical seasonal month-to-month reductions.
However, this drop was smaller than the nine per cent decrease observed in November 2023.
Imports from China also saw a decline, though November's volume was 13.3 per cent higher than the same month in 2023, highlighting the continued strength of US-China trade relations.
Descartes' December update on logistics metrics confirms robust container import performance in 2024.
Still, potential challenges loom, including the possible introduction of new tariffs by the incoming Trump administration, unresolved ILA/USMX contract negotiations, and ongoing geopolitical tensions in the Middle East, which could put strain on global supply chains for the remainder of the year.
'November has traditionally been a softer month than October; however, compared to the past six years, this year's month-over-month decline is the smallest by volume,' said descartes director Jackson Wood.
'While front-loading shipments due to heightened uncertainty around labour unrest and tariffs is a possibility, US container import volumes have been exceptionally strong over peak season this year and, overall, robust throughout 2024.'
SeaNews Turkey
In November, US container import volume fell five per cent compared to October, a decline consistent with typical seasonal month-to-month reductions.
However, this drop was smaller than the nine per cent decrease observed in November 2023.
Imports from China also saw a decline, though November's volume was 13.3 per cent higher than the same month in 2023, highlighting the continued strength of US-China trade relations.
Descartes' December update on logistics metrics confirms robust container import performance in 2024.
Still, potential challenges loom, including the possible introduction of new tariffs by the incoming Trump administration, unresolved ILA/USMX contract negotiations, and ongoing geopolitical tensions in the Middle East, which could put strain on global supply chains for the remainder of the year.
'November has traditionally been a softer month than October; however, compared to the past six years, this year's month-over-month decline is the smallest by volume,' said descartes director Jackson Wood.
'While front-loading shipments due to heightened uncertainty around labour unrest and tariffs is a possibility, US container import volumes have been exceptionally strong over peak season this year and, overall, robust throughout 2024.'
SeaNews Turkey
