ATLANTA, Georgia, November 7, 2023 – Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its November Global Shipping Report for logistics and supply chain professionals. In October 2023, U.S. container import volume increased from September 2023, moving significantly ahead of October 2019 imports. Instead of the pre-pandemic peak season decline that traditionally starts in the August timeframe, import volumes continued to rise and began to approach the levels that resulted in port congestion during the pandemic. Imports from China continued to increase, but at a slower pace than in previous months. Despite the volume increase, port transit times stabilized or retreated to some of their lowest levels. Despite favorable labor conditions and concerns about the Panama Canal drought, the top West Coast ports’ volume declined. The Panama drought does not appear to be impacting U.S. container import volume given yearly import highs for Gulf Coast ports. The November update of the logistics metrics Descartes is tracking shows abnormal seasonal import patterns and signs that some of the key challenges to global supply chain performance in 2023 are improving, but others are not. 

October 2023 U.S. container import volumes increased 4.7% from September 2023 to 2,307,918 twenty-foot equivalent units (TEUs) (see Figure 1). Versus October 2022, TEU volume was higher by 3.9%, and up 11.4% from pre-pandemic October 2019. The growth in import volume over the first ten months of 2023 is within 3.4% of the same period in 2019. 

Figure 1. U.S. Container Import Volume Year-over-Year Comparison 

U.S. Container Import Volume Year-over-Year Comparison

Source: Descartes Datamyne™ 

“October has traditionally been a stronger month than September (see Figure 2). However, the last two months  show an increase above pre-pandemic 2019 import levels, which are counter to the declines expected at the end of the year,” said Chris Jones, EVP Industry Descartes. “The drought in Panama still does not appear to be affecting Gulf Coast port volumes or to have caused a shift to West Coast ports.”  

Figure 2: September to October U.S. Container Import Volume Comparison 

September to October U.S. Container Import Volume Comparison

Source: Descartes Datamyne™ 

The November report is Descartes’ twenty-seventh installment since beginning its analysis in August 2021. To read past reports, learn more about the key economic and logistics factors driving the global shipping crisis, and review strategies to help address it in the near-, short- and long-term, visit Descartes’ Global Shipping Resource Center

About Descartes 

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route,  track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at, and connect with us on LinkedIn and Twitter

Global Media Contact  

Cara Strohack  
Tel: +1(800) 419-8495 ext. 202025   

Cautionary Statement Regarding Forward-Looking Statements  

This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that September cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That September Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.