Savannah, the fastest-growing port on the US coast for a decade, is on pace to overtake New York as the top East Coast container port. Savannah’s September imports climbed 21.7% compared with a 7% increase for New York, reports Bloomberg, drawing on maritime import...
Follow-up on Shutdown’s Impact on US Imports: New Trade Data
Frankly, we didn’t think the US federal government shutdown would last this long. Anecdotal information is that imports are arriving at US ports and being processed by Customs, but delays in moving shipments out of port facilities are just beginning (see Bloomberg,...
Will Shutdown Hit Imports? Keep an Eye on Bill of Lading Data
It’s too soon to tell whether and to what extent the US federal government shutdown will impact US imports. But it’s not too soon to start keeping track. Here’s what our bill of lading data shows about the volume of trade through four major ports October 1 through 5...