U.S. container imports seasonally weak in November 2024
Descartes Systems Group, a global leader in allied logistics-intensive business enterprises, has released its December Global Shipping Report for logistics and supply chain professionals. In November 2024, U.S. container imports fell 5% from October 2024, consistent with the seasonal decline in previous years, but smaller than the 9% decline in the same period in 2023. Imports from China also fell, although November volumes were 13.3% higher than the same month in 2023, underscoring the continued strength of U.S.-China trade. Descartes Monitor's December update of logistics indicators continues to show strong performance for container imports in 2024; however, the potential imposition of new tariffs by the incoming Trump administration, the impasse in ILA/USMX contract negotiations, and the ongoing conflict in the Middle East may affect global supply The chain brings the remaining pressure throughout the year. Also read: US container imports increase for third consecutive month in September 2024 U.S. container imports in November were 2,368,758 twenty-foot equivalent units (TEU), falling…
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