U.S. imports in November were at least 2,854 thousand TEU, Panjiva data accessed on Dec 12 shows, down 4.7% month to month from October. While slower, this was still 6.3% higher than November 2020, and shows that elevated U.S. imports are still in place even after the usual October peak. This also brings the year to date total for U.S. imports to 19.6% higher than November of 2020, a further indicator of the scale and longevity of changes in consumer trends after pandemic lockdowns. The impacts of this continued import surge have hit lead times, with Flexport’s Ocean Timeliness Indicator...
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