Mexico’s August Port Gains Belie September Woes To Follow — Panjiva
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Mexico’s August Port Gains Belie September Woes To Follow

Coronavirus 511 Corp - Ports 894 Mexico 900 Mode - Containerized 1495 Mode - Seaborne 1823

Mexico’s ports handled 22% more containers than a year earlier in August, breaching 400,000 TEUs for the first time. Import growth outstripped exports by 2:1, repeating a pattern seen in both the U.S. and Canada. The biggest contributor to growth in absolute terms was Veracruz. It saw a 24% rise as a result to increased activity at the region’s automotive industry, led by Volkswagen. September will not have been as good. The tragic results of the September 7 earthquake and Hurricane Katia’s landfall on September 8 will have disrupted logistics across the region. The closure of Veracruz a...

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