The U.S. import boom continued unabated in November with U.S. seaborne imports of containerized freight having climbed 17.0% higher year over year in November. That’s brought year-to-date imports to 26.47 million TEUs compared to 26.48 million TEUs at the same time in 2019. Imports from China have led the way with a 30.6% increase in November. Shipments from most other major supplier centers have also increased, but many such as Taiwan and South Korea have experienced a slower rate of growth. The expansion in imports from China has been driven by two consumer discretionary sectors. Shipm...
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