Global containerized freight handling expanded for a 16th straight month in August. The 7% growth rate, based on Panjiva analysis of ports in 13 countries, set a new record since at least 2013 of 33.5 million TEUs. It still lagged airfreight growth of 12% however. Further growth should be possible given export managers across Europe, the U.S. and Asia remain upbeat. South Africa’s ports grew the quickest for the month, while Mexico’s have had the most sustained growth with a 14% rise in handling in the past quarter. The latter will likely have slowed in September due to disruption from n...