DESCARTES Systems June Global Shipping Report finds that May us container import volume continued its robust 2024 growth, increasing 6.2 per cent from April and 11.9 per cent year on year, reports Washington's Supply Chain Dive.
Imports from China again had a strong month, reaching the second highest monthly volume since January of 2023, said Descartes, a Toronto area IT company that unites logistics-intensive businesses in commerce.
Port transit delays, said the report, continue to improve across the board as there has been little impact on east and Gulf Coast import volumes from either the Panama drought or the Middle East conflict. May's update of logistics metrics monitored by Descartes reinforces the strength of imports since the beginning of 2024.
Despite strong US container imports, the risk of global supply chain disruptions remains high because of ongoing conditions at the Panama and Suez Canals, upcoming labour negotiations at US South Atlantic and Gulf Coast ports, and the Middle East conflict.
'May was yet another strong month and, for the first five months of 2024, US import container volume is up 15.5 per cent over the same period last year,' said Descartes vice president Chris Jones. 'Significant increases in imports from China (up 17.6%) in May was the big driver of this growth.'
SeaNews Turkey
Imports from China again had a strong month, reaching the second highest monthly volume since January of 2023, said Descartes, a Toronto area IT company that unites logistics-intensive businesses in commerce.
Port transit delays, said the report, continue to improve across the board as there has been little impact on east and Gulf Coast import volumes from either the Panama drought or the Middle East conflict. May's update of logistics metrics monitored by Descartes reinforces the strength of imports since the beginning of 2024.
Despite strong US container imports, the risk of global supply chain disruptions remains high because of ongoing conditions at the Panama and Suez Canals, upcoming labour negotiations at US South Atlantic and Gulf Coast ports, and the Middle East conflict.
'May was yet another strong month and, for the first five months of 2024, US import container volume is up 15.5 per cent over the same period last year,' said Descartes vice president Chris Jones. 'Significant increases in imports from China (up 17.6%) in May was the big driver of this growth.'
SeaNews Turkey
