Container handling by the port of Singapore fell 4% on a year earlier in February on a year earlier. That was the first drop since June 2016 and partly due to technical factors like the shorter month and lunar new year timing. Yet, data from Chinese ports suggest the decline is Singapore-specific and mean the country’s total exports could slow. Non-containerized freight actually climbed 10% as a result of increased oil handling. Shipments to the U.S. bucked the national trend, with an increase in shipments to west coast ports and decline to those in the east. That would suggest the Panam...
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