financetom
Business
financetom
/
Business
/
US containerized imports hit record high in January
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US containerized imports hit record high in January
Feb 10, 2025 1:17 PM

Feb 10 (Reuters) - U.S. container imports hit a record

high in January, with goods from China notching a year-over-year

gain of 10.2%, supply chain technology provider Descartes

said on Monday.

U.S. seaports handled 2.49 million 20-foot equivalent units

(TEUs) in January, topping the previous January import record

set in 2022. Goods from China accounted for 997,909 TEUs of last

month's total.

Some U.S. importers have been rushing in some goods ahead of

expected new tariffs and other potential supply-chain

disruptions. Goods ranging from plastic toys to parts from

machinery have ticked higher in recent months, experts said.

President Donald Trump imposed a new 10% tariff on Chinese

goods as of February 4 but paused until March more aggressive

25% tariffs on imports from Mexico and Canada to allow for

further negotiations.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Goldman Sachs plans to spin-out its digital assets platform, Bloomberg News reports
Goldman Sachs plans to spin-out its digital assets platform, Bloomberg News reports
Nov 19, 2024
Nov 18 (Reuters) - Goldman Sachs ( GS ) is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle financial instruments via blockchain technology, Bloomberg News reported on Monday. ...
Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say
Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say
Nov 19, 2024
* Tata strengthens iPhone making operations with Pegatron ( PGTRF ) deal * Tata seals 60-40 JV with Pegatron ( PGTRF ) for iPhone plant, sources say * Apple ( AAPL ) sees India as a key market, diversifying beyond China By Munsif Vengattil and Aditya Kalra NEW DELHI, Nov 17 (Reuters) - India's Tata Electronics has agreed to buy...
BlackRock Converts Dividend Fund to ETF
BlackRock Converts Dividend Fund to ETF
Nov 19, 2024
09:22 AM EST, 11/18/2024 (MT Newswires) -- BlackRock ( BLK ) said Monday that it has converted its BlackRock International Dividend Fund into the BlackRock International Dividend ETF. The company said it is its first active mutual fund to active ETF conversion, and that it is also its first US-listed active ETF that invests in dividend-paying companies within the international...
Element Fleet Management Renews Normal Course Issuer Bid
Element Fleet Management Renews Normal Course Issuer Bid
Nov 18, 2024
08:46 AM EST, 11/18/2024 (MT Newswires) -- Element Fleet Management ( ELEEF ) on Monday said the Toronto Stock Exchange approved the renewal of its normal course issuer bid (NCIB) that allows the company it to buy back up to 10% of its public float. The buyback will run from Nov. 20 and last up to one year. Under its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved