gCaptain examines February decline in U.S. container import volumes but increasing port transit delays at top West, East, and Gulf Coast ports, based on Descartes’ March report on global shipping.
ATLANTA, Georgia, March 7, 2023 -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its March Global Shipping Report for logistics and supply chain professionals. The...
U.S. container import volumes in February 2023 decreased significantly but remained aligned with pre-pandemic 2019 volumes. Despite the reduction, port transit delays increased for the top West, East and Gulf Coast ports. Chinese imports followed the downward trend along with the rest of the top countries of origin. COVID continues to be a factor and the West Coast labor situation has still not been sorted out. The February update of the logistics metrics Descartes is tracking shows some consistency with pre-pandemic import volume seasonality but continues to point to challenging global supply chain performance in 2023.
Multichannel Merchant speaks to Descartes’ Chris Jones for insights into U.S. import trends based on January global trade data, including volumes at the top U.S. ports as well as volumes from China.
gCaptain shares insights from Descartes’ latest global shipping report showing that January’s U.S. container import volumes are more aligned with January 2019 levels and that wait times are decreasing for top East and Gulf Coast ports but not for top West Coast ports.
FreightWaves shares Descartes Datamyne global trade research showing alignment between January’s increase in U.S. inbound container volumes and 2019 volumes, improvement in port transit delays for the top East Coast ports, and a rebound in Chinese imports into the U.S.