Charleston Survives Florence and China, May Trip on Autos Review — Panjiva


Charleston Survives Florence and China, May Trip on Autos Review

Cons. Discr. - Autos 661 Corp - Ports 661 Mode - Seaborne 1273 U.S. 3297

Container handling through Charleston, as part of the South Carolina ports system, climbed by the fastest rate seen since June 2017 (16%) and set a record high for a single month of handling. Importantly the port also bucked the national trend of flat- or lower volumes in August vs. July (they rose by 2%) suggesting the impact of the U.S.-China trade war has been minimal so far. That may turn though. In the short-term there have been disruptions from Hurricane Florence. Over the coming months the six-fold increase in the products covered by the U.S.-China trade war may cut imports. While...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.