Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
MSC and the Ocean and Premier container shipping alliances are withdrawing some transpacific and Asia-Europe ...
Photo: Dreamstime.com
US container import volumes continued to show surprising strength in May, according to new data from shipping analyst John McCown.
Mr McCown said inbound boxes last month were up some 5.6%, year on year, although the increase was more muted than the 13.4%, 19.9% and 26.5% increases seen in April, March and February, respectively.
“It represents the strongest performance since the pandemic, and a continuing sign of robust inbound volume strength,” Mr McCown wrote.
“Those increases follow 15 straight months of generally double-digit ...
Comment on this article