Amit Mehrotra, head transportation analyst at Deutsche Bank, believes the bull run for U.S. imports will persist for a lot longer than most people think, according to a Freightwave article.
Mehrotra argued 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 is more room to run for container-shipping stocks. Meanwhile, the bigger picture on the post-COVID-19 recovery is global and extends beyond containerized goods, pointing to upside potential for dry bulk and tanker shipping, as well.