Panjiva: U.S. imports rise in August

New York - Imports to the U.S. were up in August from July, and there was a measurable year-over-year increase. According to a new report from supply chain research firm Panjiva, imports in August 2014 were 4% higher than imports the same month the prior year.



The numbers of these shipments coming into the U.S. climbed `1% from July 2014 to August 2014. Although the typical annual trend demonstrated by Panjiva data shows that July has the highest level of imports of any month, for 2014 August had a level higher than July. According to Panjiva, this may be a sign that optimistic retailers are aggressively stocking their shelves with the expectation of strong holiday sales.