Container trade economics – what to look for now
Making sense of a fools’ game
Container imports to the US from Asia in December were 30% higher than in the same month of 2017, but the tariff-beating rush of Chinese goods, the main cause of the surge, has reportedly “overwhelmed” the two main west coast gateways.
According to PIERS data, analysed by Alphaliner, US imports from Asia exceeded 1.5m teu in December – a new high, with a new record also set by the 1.09m teu of exports from China, 72% of all ex-Asia traffic.
December’s volumes ...
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