Deutsche Bank on import bonanza: ‘You ain’t seen nothing yet’
The U.S. import boom has already shattered the forecasts and pushed the global supply chain to the brink. The guessing game now is: When will it end?
Amit Mehrotra, head transportation analyst at Deutsche Bank, believes the bull run for imports will persist for a lot longer than most people think.
In a wide-ranging interview with American Shipper on Monday, Mehrotra argued that the U.S. inventory restocking cycle is nowhere close to over and import demand is certainly not about to fall off a cliff.
Mehrotra’s views on U.S. consumption imply there’s more room to run for container-shipping stocks. Meanwhile, the bigger picture on the post-COVID recovery is global and extends beyond containerized goods, pointing to upside potential for dry bulk and tanker shipping, as well.
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