Source: JOURNAL OF COMMERCE, 7/5/22

US East and Gulf coast ports are using any and all means available to increase their efficiency in anticipation of a sustained summer volume surge that could exacerbate a backlog of vessels already queuing up outside their harbors, including tapping nearby land to store imports and empty containers. Thanks to consumer demand that has continued in 2022 despite warnings of inflation and a shift to services spending, total US imports have grown another 3 percent in the first five months of the year after rising 13.1 percent for the full year in 2021, according to PIERS, a sister product...

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