Red Bull, Roche Rise Rapidly as Norfolk’s Traffic Slows — Panjiva
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Red Bull, Roche Rise Rapidly as Norfolk’s Traffic Slows

Corp - Ports 908 Mode - Containerized 1523 Mode - Seaborne 1845 U.S. 5398

Container handling through the port of Norfolk, Virginia increased 5.1% year over year in July. That was down from 12.9% in 2Q and was largely the result of a 0.1% decline in imports from China after a 7.0% rise in 2Q. Imports from Europe have continued to grow with an 8.3% expansion. Consumer goods companies likely led the way, with shipments associated with beverages manufacturer Red Bull having risen by 29.1%. In other sectors Panjiva data shows power tool manufacturer Stihl may have seen a 20.9% rise while shipments associated with healthcare firm Roche grew by 90.8%.

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