The number of shipping containers carrying US imports fell for a second straight month, a private gauge showed, putting the economic indicator on course for one of the sharpest year-on-year reversals on record as President
Inbound container volume fell 7.9% in June from a year before, after a 6.6% drop in May, veteran industry analyst John McCown wrote in a monthly report Sunday based on the 10 largest US ports. The declines more than wiped out a nearly 10% increase tied to inventory front-loading in April, and left the second ...
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