Supply Chain Research

The growth in U.S. imports is declining as year over year numbers start to use the never-ending peak season of 2021 as their denominator. This can help explain why imports to the U.S. in January fell by 1.2% year over year – every comparison from now on will have to exceed last year’s records to show import growth, and many shippers are likely hoping that a decline will reign in the congestion and cost increases that plagued 2021. Imports laden in China increased by 5.6% year over year in the same month, likely reflecting catch up shipments from the holidays combined with early shipping ...