U.S. seaports saw a marked slowdown in inbound volume growth in November with a 3.7% rise vs. a year earlier compared to a 7.9% increase in the prior three months. That was due in large part to shipments from Europe rather than China despite the wide-ranging application of tariffs. The most significant loss of momentum was at Los Angeles where there was a 5.2% decline in imports following a 10.4% rise in the prior three months. East coast ports did better with New York seeing a 12.0% surge from 10.6% in the prior three months. The differential may be driven by the timing of deliveries fr...