U.S. supply chain activity throttles back after record month, still powers ahead

China 2820 Cons. Discr. - Durables 427 Consumer Staples 707 Corp - Forwarders 310 Corp - Ports 838 Corp - Shipping 904 European Union 741 Health Care 324 Industrials - Capital Goods 545 Info Tech - Tech Hardware 707 Materials - Chemicals 196 Materials - Metals/Mining 689 Mode - Containerized 1382 Mode - Seaborne 1719 Trade Balance 910 U.S. 5046

U.S. seaborne, containerized import activity jumped 25.5% year over year in April and by 19.3% compared to the same period of 2019. While that was slower than the rate seen in March, the average 94,000 TEUs per day handled was still 3.5% higher than the peak season (three months to Nov. 30). Shipments from China grew fastest at 42.6% year over year while those from Europe improved by 19.6% with the impact of the Suez Canal closure only just starting to be felt. Consumer demand is still leading the way, with a 47.9% year over year jump in imports of consumer discretionary products led by ...

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