Descartes May Global Shipping Report: April 2024 Containerized Imports Surpass March 2024 and April 2023

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its May Global Shipping Report for logistics and supply chain professionals. In April 2024, U.S. container import volumes increased 3.0% from March and 9.3% when compared to the same month last year, consistent with a strong and resilient economy in the face of global instability.

After Chinese imports declined significantly in March 2024, they bounced back in April 2024 to levels seen in April 2023. Port transit delays continue to improve for the majority of top U.S. ports, as there has been little impact on volumes at East and Gulf Coast ports from either the Panama drought or the Middle East conflict, which continues to escalate. May’s update of logistics metrics monitored by Descartes shows continued strength in U.S. container imports following the robust first quarter of 2024. Global supply chain disruptions are still anticipated, however, given the ongoing conditions at the Panama and Suez Canals, upcoming labor negotiations at U.S. South Atlantic and Gulf Coast ports, the Middle East conflict, and reduced U.S. port capacity caused by the collapse of the Francis Scott Key Bridge in March.