Expectations for U.S. seaport traffic for the rest of 2011 have been greatly reduced, suggesting...


Expectations for U.S. seaport traffic for the rest of 2011 have been greatly reduced, suggesting the economic recovery is weaker than previously believed. A month ago, Global Port Tracker had forecast a 12% gain in imported goods in September, but the actual was just a 2.7% Y/Y rise, with comparably weak gains now seen for the final three months.

Comments (6)
  • simischuster
    , contributor
    Comments (7) | Send Message
     
    TIMBER...Not the wood.
    19 Oct 2011, 06:24 PM Reply Like
  • EMS
    , contributor
    Comments (586) | Send Message
     
    Sure the dumpsters can spin this positive some way .......
    19 Oct 2011, 06:45 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    At least now I understand why BIP had a rough morning. They also own harbors.
    19 Oct 2011, 07:06 PM Reply Like
  • buybuybear
    , contributor
    Comments (389) | Send Message
     
    I follow this, updates on Monday, tonnage has been slipping for weeks...

     

    http://bit.ly/qd3fhd
    19 Oct 2011, 07:08 PM Reply Like
  • User 487974
    , contributor
    Comments (1101) | Send Message
     
    Exactly buybuybear-
    This has been slipping for several weeks/month or so...
    Not to mention all the empty trailers sitting around....
    Jerry
    19 Oct 2011, 07:26 PM Reply Like
  • Capt Herlock
    , contributor
    Comments (60) | Send Message
     
    What economic recovery? Did I miss something?
    19 Oct 2011, 09:45 PM Reply Like
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