The head of one of the largest U.S. gateways for trade said robust demand for imported goods will likely be sustained into 2022, as companies scramble to rebuild stockpiles during an uneven rebound from the pandemic.
“We easily see this going through up to Chinese New Year, and there’s a lot of indications now that it could go beyond that,” said Griff Lynch, executive director of the Georgia Ports Authority, referring to the holiday in the first quarter of year that typically is preceded by a rush for ocean shipping. “We talk to our customers every day -- they’re telling us they still have low inventory.”
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July 20, 2021 at 03:30PM
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Port Chief Sees U.S. Import Surge 'Easily' Lasting Into 2022 - Bloomberg
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