Supply Chain Research

The Port of Charleston has set a new record for its container handling as both imports and exports reached all-time highs. Exports increased 28%, their fastest rate since April 2010. When combined with export growth on the west coast it suggests the U.S. deficit increase for January may be limited. Charleston’s import growth of 25% was the result of a 36% jump in handling of goods from China. That’s partly due to a growth in total exports by China to the U.S. ahead of tariff risks, but also reflects Charleston’s increased share due to the Panama Canal extension.