U.S.bound shipments see growth in October, reports S&P Global ...

United States-bound containerized freight imports in October increased by 5% annually, the second consecutive month of growth after 13 months of declines, according to S&P Global Market Intelligence. Imports for the year through October are down 11.5%. Consumer discretionary goods and capital goods shipments rose by 8%, while consumer goods remained flat and information tech fell by 6%. Supply chain research head Chris Rogers expects low single-digit annual growth for the remainder of 2023, but not at the same level as October.

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