Today is another day of continuous realization of cognition. From the beginning of 2022 last year, we started to talk about the downward trend of centralized transportation, the upward trend of oil transportation, and the recent push of dry bulk transportation. Today, we are still returning to the tracking of the core Panmei line of centralized transportation.


1. The National Retail Federation (NRF) and Hackett Associates stated in their monthly Global Port Tracking (GPT) in March that after experiencing the lowest level since May 2020 last month, US imports will begin to climb this month, with a month-on-month growth that will continue at least until midsummer, but will still be significantly lower than in 2022 compared to the same period last year. "There are many uncertainties in the economy, but we expect moderate import growth in the coming months," Jonathan Gold, NRF's Vice President for Supply Chain and Customs Policy, said in a statement



2. It is estimated that the import volume in February 2023 will be 1.56 million TEUs, a decrease of 13.6% compared to January and 26.2% compared to February 2022, which is the lowest import level since May 2020. GPT predicts that the import volume in March will reach 1.74 million TEUs, and then gradually increase to 1.87 million TEUs in April, 1.92 million TEUs in May, 2 million TEUs in June, and 2.13 million TEUs in July. However, the year-on-year comparison in 2023 will be much lower than last year - a decrease of 25.9% in March, 17.2% in April, 19.7% in May, and 11.5% in June. These figures are basically unchanged from last month's GPT forecast. By July, imports had remained basically the same as in 2022, and it was expected that this month would only decline by 2.5% compared to the same period last year.

3. Retailers say their main concern now is to avoid over ordering products from Asian factories before better addressing consumer demand later this summer. This discipline will help avoid repeating the mistakes of the past two years, when retailers quickly rebuilt inventory to levels that exceeded consumer demand.