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Imports Rose in July. Has Peak Come Early or Are Supply Chains Making Up for Lost Time?

from Supply Chain Dive

Imports Rose in July. Has Peak Come Early or Are Supply Chains Making Up for Lost Time? Supply Chain Dive U.S. seaborne imports sunk 4% year over year (YoY) in July but grew 16% compared to June. The month-over-month increase led Panjiva to call this the "fastest start to the peak season since 2007." Port of Los Angeles Executive Director Gene Seroka said, not so fast — the increases are more likely to be explained by shippers making up for sharp reductions in the spring. READ MORE

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