August imports into the U.S. are predicted to rise 2.1 percent compared to last year; imports are expected to be 1.75 million TEU (Twenty-Foot Equivalent Unit). If this prediction comes to fruition it will break the import volume record which is currently 1.73 million TEU in March of 2015. The surge in volume is associated with the need for retailers to keep up with strong consumer demand. Additional details are available in the following link: https://www.joc.com/maritime-news/international-freight-shipping/record-monthly-us-imports-forecast-august_20170809.html
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