US imports forecast to hit near-record in October
Strong consumer demand produced record import volume in August and near-record imports are projected for October, which will close out a busy peak-shipping season, according to the National Retail Federation. However, industry analysts emphasize that beneficial cargo owners can anticipate a soft rate environment during the post-holiday shipping slump in November to December, and into the service-contracting season in the eastbound Pacific next spring, because of lingering overcapacity.
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