Q1 sees a solid finish with positive U.S.-bound import growth, notes S&P Global Market Intelligence

Subscriber: Log Out

United States-bound containerized freight imports continued to trend in the right direction in March to end the first quarter, according to data recently issued by S&P Global Market Intelligence, with March growing for the seventh consecutive month, following a 14-month stretch of annual declines.

March imports, at 2.489 million TEU (Twenty-Foot Equivalent Units), posted a 16% annual gain, and first quarter imports, at 7.537 million TEU, rose 15% annually, amid various supply chain disruptions.

Looking at the first quarter, the firm observed that growth was paced by industrial sector activity, ranging from steel to paper, for a collective 20% annual gain, whereas consumer goods shipments rose 8%, home and personal care was up 16%, and consumer electronics and apparel up 3% and 6%, respectively. 

Please click here to read the complete article. 

SC
MR

Latest Resources
Case study: Optimizing warehouse space, performance and sustainability
Hamilton Beach improved storage density, reduced product damage, and enhanced safety and sustainability by partnering with Yale Lift Truck…
Download

About the Author

Jeff Berman, Group News Editor
Jeff Berman's Bio Photo

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

View Jeff's author profile.

Subscribe

Supply Chain Management Review delivers the best industry content.
Subscribe today and get full access to all of Supply Chain Management Review’s exclusive content, email newsletters, premium resources and in-depth, comprehensive feature articles written by the industry's top experts on the subjects that matter most to supply chain professionals.
×

Search

Search

Sourcing & Procurement

Inventory Management Risk Management Global Trade Ports & Shipping

Business Management

Supply Chain TMS WMS 3PL Government & Regulation Sustainability Finance

Software & Technology

Artificial Intelligence Automation Cloud IoT Robotics Software

The Academy

Executive Education Associations Institutions Universities & Colleges

Resources

Podcasts Webcasts Companies Visionaries White Papers Special Reports Premiums Magazine Archive

Subscribe

SCMR Magazine Newsletters Magazine Archives Customer Service