The post-lockdown surge in U.S. import activity has accelerated in October with seaborne containerized freight imports having increased by 16.8% year over year in October to a record 2.904 million TEUs. Year-to-date imports are now down by just 2.0% year over year. Healthcare products have been the fastest growing, with an expansion of 47.4%, alongside a 50.4% jump in home and personal care products as the battle against COVID-19 continues. Consumer discretionary products, led by home furnishings and appliances, climbed 31.3% higher. A marked increase in U.S. retail sales from September...
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