Ahead of tariff crunch, U.S.-bound import numbers see strong June gains, reports Panjiva
With global shippers looking to get in front of the beginning phase of recently implemented tariffs, United States-bound waterborne shipments saw gains in June, according to data recently released by global trade intelligence firm Panjiva. June shipments, at 1,025,643, were up 6.5% annually. This represents another month of growth, with the exception of a 0.2% decline in March, which was the first one going back to a 7.7% annual drop-off in February 2017. Through the first six months of the year, Panjiva said U.S.-bound imports are up 6.5% annually at 5,870,275.