Port Traffic Grew at Slowest Rate Since Recession in 2015

TIN news: Container traffic at the world’s busiest ports grew last year at its slowest rate since the recession, according to an estimate by Alphaliner, a shipping industry data provider. Demand was held back by a lack of “peak season,” the months heading into the holidays when manufacturers normally ship large quantities of goods to retailers globally. This year, traffic in the top 30 ports sank 0.9% in the third quarter, the first decline over those months since 2009, Alphaliner said. For the full ...