Airfreight via Miami airport fell 0.3% in July on a year earlier, with a 6% drop in international exports to blame – the eighteenth straight international export fall. Nonetheless imports jumped 7%, comfortably beating the 10% decline in seaborne imports into Miami. When combined with Dallas airfreight and seaports around the region, the Panjiva Combined Cargo Index for the southeast region increased 2.6% to its highest since January 2011. That still lagged California and the Northwest though.
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