West Coast import volume tumbled 33.4% in January, while the Gulf coast and Puerto Rico saw 12.2% volume increase and East Coast imports climbed 3.4%, reports Bloomberg, citing Datamyne port data released February 18. Nationwide, import volume fell 16.6%, according to...
Bloomberg Uses Datamyne to Gauge Port Slowdown Impact
The US trade deficit made the biggest one-month jump on record in December as a strengthening dollar propelled a surge in imports, reports Bloomberg. The Bloomberg analysis of the various factors contributing to the widest gap between US imports and exports since...
Bloomberg Cites Datamyne in Finding US Oil Import Drop “New Truth”
Things are slowing down at the US’s largest oil-import hub, reports Bloomberg. Six years ago, the Louisiana Offshore Oil Port (LOOP) was receiving more than one million barrels a day. Now it’s taking in just half of that. Indeed, the US Customs district in Morgan...
Bloomberg Uses Datamyne to Chart Port of Savannah’s Growth
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...