Container handling through the Port of Virginia grew by just 2% in November, marking the ninth straight month of expansion but well below the year-to-date average of 7.1%. The slowdown was caused by a 7% slide in volumes exported, representing a return to a downward trend that has occurred in five of the last six months. The port’s import expansion at 9% beat New York among east coast majors, but lagged Baltimore’s 12% expansion Panjiva data shows. Growth was led by a 15% rise in shipments from China, which outpaced the 8% seen nationally and suggests some help from diversions via the Pa...
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