Newer Ports in Canada, Mexico Lead North American Growth

April 29, 2013

The following is excerpted from the 26 April 2013 article by the Journal of Commerce.

The United States may be the trade capital of the world, but if you’re looking for North America’s fastest-growing container ports, you’ll have to look north and south of its borders.

Among the Top 25 North American ports, only two U.S. ports … grew at a double-digit clip ..Yet both lagged well behind the growth at North America’s two newest ports: Prince Rupert, British Columbia, with 32.7 percent growth, and Lazaro Cardenas, Mexico, 29.3 percent.

On the import leg, Prince Rupert’s 5-year-old container port spiked 36.4 percent year-over-year — by far the most rapid year-over-year increase ...

The list of JOC top 25 North American Container Ports for 2012 is available at: http://www.joc.com/port-news/joc-top-25-north-american-container-ports-imports.

This article is available in its entirety at: http://www.joc.com/port-news/us-ports/newer-ports-canada-mexico-lead-north-american-growth_20130426.html (subscription may be required.)

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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