US monthly import cargo set to hit highest level this summer since 2022
Monthly inbound cargo volume at the nation’s major container ports is expected to reach its highest level in nearly two years this summer. A recent report by NRF and Hackett Associates looked at international ports’ tracking data, on how many imports each was experiencing (named Global Port Tracker). Ports in the US covered by Global Port Tracker handled 2.02 million TEU (TEU meaning one 20-foot container or its equivalent) in April 2024, the latest month for which the numbers are available. This figure is up 4.6% from March and up 13.2% year-over-year, and was the highest number since 2.06 mi...