Veracruz Cars, Altamira Metal Drive 11th Growth in Mexican Port Handling — Panjiva
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Veracruz Cars, Altamira Metal Drive 11th Growth in Mexican Port Handling

Cons. Discr. - Autos 1247 Corp - Ports 909 Metals - Steel 543 Mexico 928 Mode - Containerized 1524 Mode - Seaborne 1845

Container handling at Mexico ports increased 12% in May on a year earlier, the 11th straight month of growth. Exports climbed 20%, outstripping 13% import growth. That is the opposite trend to that seen in national trade in dollar terms, suggesting significant growth in land- and airborne modes. The big three ports led the way. Handling through the port of Veracruz rose 46% due to a 56% rise in exports. That in turn was the result of higher shipments by automaker Volkswagen. Altamira came a close second with a 43% increase in handling. That was the result of a rise in steel imports, whic...

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