U.S. exports are predicted to fall for a second straight year.
Mario O. Moreno
Mario O. Moreno is economist for The Journal of Commerce. He is based in Newark, N.J.
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U.S. exports of logs and lumber via ocean container declined year-over-year in January for the fourth consecutive month, partly because of declining demand from China and unfavorable exchange rates.
With an increasing number of workers finding and keeping jobs, the positive momentum for freight transportation will likely carry forward.
With economic conditions in the U.S. continuing to improve, the outlook for U.S. imports via ocean container from northern Europe remains highly favorable.
JOC economist Mario O. Moreno updates his projections regarding U.S. containerized trade with South America.
Growth in U.S. containerized imports will accelerate this year thanks to an improving labor and auto market, a resilient manufacturing sector and expected gains in the value of the U.S. dollar as the...
U.S. containerized imports climbed 1.5 percent year-over-year in June, following growth in April and May, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports...
U.S. containerized exports fell 6.1 percent year-over-year in June, to 925,043 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company.
Get ready for another year of modest growth for U.S. containerized imports.
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