MSC and Maersk Drive New York To Near-Record Volumes, China Could Spoil the Party — Panjiva
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MSC and Maersk Drive New York To Near-Record Volumes, China Could Spoil the Party

China 1758 Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3297

Container handling through the Ports of New York and New Jersey climbed 9% in May to set the second highest volume of traffic on record. Investments in bridge raising and new cranes are helping longer-term growth while May’s import growth of 7% represented a recovery from a 2% drop. The more globally-oriented liners have led the way with the 2M partners Maersk and MSC seeing a 34% increase in volumes while Asia specialists including Evergreen (down 8% before it starts cutting services) and ONE (26% lower) have struggled due to a 7% drop in volumes from China. The latter face further decl...

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