Stevedores Start to Suffer from Prolonged Tariff Tactics — Panjiva
MENU

Panjiva_research_logo

Stevedores Start to Suffer from Prolonged Tariff Tactics

Mode - Seaborne 1329 Theme - Employment 36 U.S. 3509

Employment growth in the U.S. transportation industry continued to outperform the wider economy in June with a 2.7% year over year expansion in employment. While that would suggest the industry as a whole is proving resilient to the global trade war, individual sectors may be suffering. Employment in the maritime sector, for example, fell 2.4% year over year. That was the fastest rate of decline since Aug. 2017 and came as U.S. seaborne imports likely fell 2.0% year over year in June.

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.