The U.S.-China trade war is having a marked impact on the performance of U.S. ports. Total inbound, containerized freight fell 7.4% year over year in October, following a 1.2% rise in 3Q. Imports from Chinese ports, including Hong Kong, fell 18.6% year over year after three consecutive quarters of c4% declines. Imports from Asia ex-China didn’t fully compensate, despite supply chain restructuring activities, and rose by just 5.5%. Imports from the rest of the world fell 1.9% in October after a 2.0% dip in 3Q, reflecting a global trade slowdown. Los Angeles and Long Beach are the most exp...