Supply Chain Research

Container handling through the port of Norfolk and its neighbors climbed 4.3% year over year in February. A 5.0% improvement bucked the national trend of declining volumes. While shipments from China fell 7.0% there was a marked improvement in shipments from Europe and the rest of the world. The market landscape for imports from outside China and Europe to Norfolk has changed markedly. The volumes handled by Ocean Network Express (owned in part by Mitsui-OSK) surged 31.9% higher compared to a year earlier in February while those handled by MSC and Maersk – combined in the 2M Alliance – d...