U.S. container imports fall off
October 21, 2022
Container import volumes began to slow in June following record highs in May. August and September’s imports were down significantly, putting volume at levels more in line with pre-pandemic levels. “Warehouses are full. Until importers clear their inventory, expect overseas orders to be weak,” said shipping consultant Jon Monroe.
Recent News
Alaska Airlines Resumes Flights After Ground Stop
As a precautionary measure to resolve an issue that arose during a system upgrade, Alaska Airlines requested a ground stop, which lasted about an hour.
Google Announces More Layoffs and Roles Moving Overseas
Google has made significant changes to its workforce, laying off employees and shifting some jobs overseas as part of a large-scale restructuring.
Peloton Ends Free App Access Amidst Subscriber Struggles
Peloton has ended its unlimited free app membership, less than a year after its introduction.
Eli Lilly’s Weight Loss Drug Can Help With Sleep Apnea
Tirzepatide reduced sleep apnea by upwards of two-thirds in adults.