US imports from Asia increased for the fifth consecutive month in July to 1.46 million TEUs — the highest since last September, raising the likelihood that the eastbound trans-Pacific trade will return to year-over-year import growth this fall.
July’s imports were up more than 35% from the 2023 low of 1.08 million TEUs recorded in February and matched in March, according to PIERS, a sister product of the Journal of Commerce within S&P Global.
https://www.joc.com/article/us-july-imports-asia-hit-11-month-high-portending-year-year-fall-growth_20230818.html
