New York Suffers China Slump, Most Seaports See Early Spring Bounce — Panjiva


New York Suffers China Slump, Most Seaports See Early Spring Bounce

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

U.S. seaports saw a return to growth in containerized freight imports in March with a 6.7% year over year expansion. An expansion in traffic from Asia outside of China ensured that the four big west coast port complexes all saw increased volumes, though Seattle / Tacoma did best with a 16.6% rise in handling. A drop in handling at Long Beach comes as Orient Overseas is trying to close a sale of assets at the port. On the gulf and east coasts Houston and Savannah saw the strongest growth rates at 24.9% and 22.6% respectively. Houston’s expansion was notable for coming despite fire-related...

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.