Global container port traffic grew by just 1.1 percent in 2015, the second-lowest annual increase ever recorded. The snail’s pace growth last year was only surpassed by the record low in 2009 when container volume declined by 8.4 percent in the wake of the global financial crisis, industry analyst Alphaliner said. North America bucked the trend with traffic rising 4.8 percent in 2015, driven mainly by gains at U.S. East Coast ports, according to Alphaliner’s estimates based on a preliminary survey of over 400 ports worldwide.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.)