July imports, at 2.53 million TEU (Twenty-Foot Equivalent Units) were off 10% annually, while topping June’s 2.43 million TEU tally by 4%. This marked the 12th consecutive month of annual declines, with the caveat that it represented the slowest rate of decline since September 2022, said the firm. On a year-to-date basis through July, imports are down 15% annually, at 16.29 million TEU.

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