The foreign waterborne freight volume in the US demonstrated stability from 2013 to 2019, remaining around 1.38 billion short tons, with slight fluctuations. In 2020, the volume significantly dropped by 44.06% to 0.77 billion short tons due to the global pandemic. Recovery was seen in 2021 with a 69.47% increase, followed by stabilization around 1.37 billion short tons from 2022 onwards. In 2023, the volume remained at 1.37 billion short tons, reflecting a minimal decline of 0.096% YoY.

Forecasts from 2024 to 2028 predict a slight decline, falling to 1.36 billion short tons by 2026, with a -0.07% CAGR over the next five years. This indicates general stability with minor decreases anticipated.

Future Trends to Watch For:

Potential impacts of economic policies and trade agreements on freight volumes.
Technological advancements in shipping and logistics that could improve efficiency.
Environmental regulations affecting waterborne freight methods and routes.