Chartbook: Global container freightIn the United States, the volume of container trade handled through the nine largest ports in July was the lowest for the time of year since 2017.
The volume of container freight hauled on the major railroads in June was the lowest for the time of year since 2012.
Container trade through the port of Singapore, a major transshipment point for the region, has climbed to record levels.
Rising share prices would be consistent with an improving outlook for global trade, but the evidence for it so far is limited.
Related columns:- Global container freight stuck in doldrums (June 23, 2023)- Global freight shows signs of bottoming out (April 27, 2023)John Kemp is a Reuters market analyst.
Persons:
Mike Segar, pare, Korea’s, John Kemp
Organizations:
REUTERS, Manufacturers, Economic, Heathrow, China’s, Global, Thomson, Reuters
Locations:
Port Elizabeth , New Jersey, U.S, North America, Europe, Netherlands, United States, Japan, Narita, United Kingdom, Asia, Singapore, doldrums