13% Spread In Container Handling Hints At 11th Deficit Widening To Come — Panjiva
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13% Spread In Container Handling Hints At 11th Deficit Widening To Come

Corp - Ports 607 Mode - Containerized 929 Mode - Seaborne 1178 Trade Balance 607 U.S. 3061

Container handling at the top eight ports in the U.S. tracked by Panjiva indicate import growth of 8.8% in September outpaced a 4.5% drop in exports. Only Puget Sound was an outlier in that regard. The gap would suggest there is room for an 11th straight increase in the trade deficit, subject to price moves (which also support a wider deficit) and other transportation modes (which have yet to be reported).

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