Descartes releases December report on global shipping crisis
DESCARTES Systems Group has released its December report on the ongoing global shipping crisis and analysis for logistics and supply chain professionals, reports the American Journal of Transportation.
November was a strong month for US import volume. Though with a shorter month and the Thanksgiving holiday, November historically has had a lower import volume than October. However, compared to November 2020 and 2019, the volume was up 12 per cent for 2020 and 34 per cent for 2019.
“The US continues to be one of the more overachieving economies in the world, as import volumes continue to run at a record pace. Despite this success, inventory levels are not catching up to retail sales levels,” said Descartes vice president Chris Jones.
“Unless consumer behaviour changes, we believe that the demand for goods and the associated logistic services to get them to market will continue at elevated levels through 2022. We believe this may result in continued delays through next year at not only the west coast ports but all US ports,” said Mr Jones.