Container handling at the port of Norfolk as well as neighboring ports in Virginia, fell 0.3% on a year earlier in November. That was led by an 11.3% drop in exports – which bodes ill for the local economy – and continues a run of lackluster growth at the port. A 1.4% rise in inbound traffic was the result of declining shipments from the EU whereas imports from China soared 13.4% higher. The latter was the result of importers including Walmart, Target and Amazon preempting the risk of tariff increases on Chinese exports. The tariff increases had been scheduled for January but are now del...
Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.




