ACCORDING to Descartes Systems Group's May Global Shipping Report, us container import volumes increased three per cent from March and 9.3 per cent year on year in April, signalling a robust economy despite global instability, reports Reuters.
After a significant decline in March 2024, Chinese imports rebounded in April to match levels from April 2023.
Transit delays at major US ports continue to decrease, and the Panama drought and escalating Middle East conflict have had minimal impact on volumes at east and Gulf Coast ports.
Despite a strong first quarter in 2024, the US is expected to face challenges from global supply chain disruptions.
Potential obstacles include ongoing problems it the Panama and Suez canals, upcoming labour negotiations at US South Atlantic and Gulf Coast ports, the ongoing Middle East conflict, and reduced US port capacity due to the March collapse of the Francis Scott Key Bridge.
SeaNews Turkey
After a significant decline in March 2024, Chinese imports rebounded in April to match levels from April 2023.
Transit delays at major US ports continue to decrease, and the Panama drought and escalating Middle East conflict have had minimal impact on volumes at east and Gulf Coast ports.
Despite a strong first quarter in 2024, the US is expected to face challenges from global supply chain disruptions.
Potential obstacles include ongoing problems it the Panama and Suez canals, upcoming labour negotiations at US South Atlantic and Gulf Coast ports, the ongoing Middle East conflict, and reduced US port capacity due to the March collapse of the Francis Scott Key Bridge.
SeaNews Turkey
