November 13, 2008

Hong Kong-US Container Shipping Down 19%


Containerized cargo shipments from China to the USA, around half of all US container imports, is forecast down 8% in 2008. Container shippments from Hong Kong will be down 19% already.


Westward shipments from America are suffering even more. Wastepaper exports have collapsed and that means containers may sail back to the China coast empty.

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