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U.S. container imports see historic growth

A report by industry expert John McCown shows that U.S. container imports increased for the 14th consecutive month in November, with arrivals at the country's top ten ports increasing 13.1% year-on-year. The growth represents one of the strongest periods in container shipping history outside of the pandemic surge. Also read: Seasonal decline in U.S. container imports slows in November 2024 record-breaking momentum Total arrivals in November reached 2,033,620 TEU, a significant increase from October's 9.7% increase, but still 11.1% below the all-time high in May 2022. McCown noted that the 14.7% increase over the past 12 months was among the highest on record, excluding the pandemic period. "There's no question that we're seeing exceptionally strong and continued volume growth," McCown said. The value of containerized cargo passing through all U.S. ports reached $185.3 billion in November, underscoring the growth driven by strong demand. Coastal adjustment McCown's analysis noted significant changes in port activity, with West Coast ports outperforming East and…