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Shipping records set in Covid-19, news by Hebei Longsheng metals and minerals co

Record container shipping in August as post-COVID consumer surge continues
U.S. seaborne imports hit a record high in August after containerized freight shipments rose by 5.9% year over year, breaking through 2.7 million TEUs for the first time. That was largely down to a 14.3% surge in shipments from China while imports from Asia ex-China increased by a more modest 4.0%.

Much of the recovery has been driven by consumer goods in the wake of COVID-19 with discretionary product imports up by 16.1% and staples rising by 34.9% on stronger food and personal care shipments.

Industrial demand is also improving with imports up by 4.4%. That represented a balance between an 82.7% surge in shipments of agricultural machinery by Deere and Kubota among others and an 8.2% slip in construction machinery. A similar pattern can be seen in supplies with electrical components up by 9.6% and building products down by 2.9%

By Hebei Longsheng Metals & Minerals Co,. Ltd.

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