United States-bound import and shipment levels saw continued gains in August, according to data recently issued by global trade intelligence firm Panjiva.
Total August U.S.-bound shipments—at 1,353,550—increased 3.1% annually and were 23.2% above 2019’s 1,098,272. And containerized freight imports—at 3,016,706 TEU (Twenty-Foot Equivalent Units)—headed up 11.2% annually (and up 18.1% compared to August 2019) and were up 4.4%, from July to August—trending down from July’s 14.3% annual spread. Despite the slowing of annual growth percentage, August’s TEU tally represented the second highest month on record, for U.S. shipments, with March 2021’s the highest, at 3,028,143 TEU.