Container handling by the Georgia Ports Authority, centered on Savannah, climbed 7% on a year earlier. While that was the ninth straight increase, it represented a marked slowdown from prior months. Exports were to blame, slowing to a 3% expansion – the lowest rate of development since October. Import growth of 10% did better, as was the case in California and Virginia. That was also well down on the prior month, and partly due to the passing of the anniversary of the Panama Canal widening and associated traffic diversions. Looking ahead shipments from the EU are a concern. They dropped ...
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