Wednesday, August 25, 2010

More on Global Shipping Boom. What Double-Dip?

1. "Georgia's Port of Savannah reported the busiest month for container shipments in its history in July, with 251,126 20-foot equivalent units moving through the port in an accelerating shipping recovery. The 20.7 percent year-to-year increase marked the eighth straight month of double-digit growth in volume at the Georgia Ports Authority’s Savannah terminals."

2. "Container volume at the Port of Charleston increased 26 percent in July over the same month last year, giving the port its strongest month since October 2008."

3 Comments:

At 8/25/2010 6:13 PM, Blogger bix1951 said...

makes sense to me
housing in down but the whole economy is up so somebody must be doing well!

 
At 8/26/2010 2:02 AM, Blogger ssgy said...

Mark,

Has there been any study on the correlation of container ports and economic activity? Is this a leading indicator?

 
At 8/26/2010 10:53 AM, Blogger marmico said...

The Traditional Peak Season for Retail Container Imports into US Market May Be 'Melting Away'

An alternative View

 

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