Red Bull, Roche Rise Rapidly as Norfolk’s Traffic Slows August 15, 2019 Container handling through the port of Norfolk, Virginia increased 5.1% year over year in July. That was down from 12.9% in 2Q and was largely the result of a 0.1% decline in imports from China after a 7.0% rise in 2Q. Imports from Europe have continued to grow with an 8.3% expansion. Consumer... Read more →
Red Bull Loses Its Wings, Dragging Norfolk’s European Business Down June 12, 2019 Container handling through Norfolk and its neighboring ports climbed 10.1% year over year in May, driven by a 10.1% rise imports and 18.6% surge in empty container handling. By contrast to the U.S. average, Norfolk’s shipments from China actually rose by 10.2% while its shipments from Europe f... Read more →
Stihl Chops Into An Expanding U.S. Powertool Market May 19, 2017 American retailers’ appetite for imported powertools is increasing. Panjiva data shows imports climbed 26% on a year earlier in April, including a 34% jump in shipments from China. That may also represent suppliers trying to get a jump on inventories in the event of a trade investigation. A ca... Read more →