The American trade imbalance and port congestion
Shipping and Freight Resource
NOVEMBER 23, 2021
Bureau of Economic Analysis, the American trade deficit on goods and services went up 4.2%, rising from $70.3 However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. Source : project44.
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