Independent journal on economy and transport policy
01:35 GMT+2
Transpacific Trade Imbalance Further Widens
(Cyber Shipping Guide - Ocean Commerce)
February 19, 1999
Transpacific container traffic for 1998 has exhibited a striking contrast, eastbound box volumes having marked a year-on-year 19.8% increase to 5,497,000 TEUs while the westbound dipped 13.9% down to 2,761,000 TEUs. Thus, an imbalance ratio between eastbound and westbound aggravated to 100 vs. 50.2 from the previous year's 100 vs. 69.9. This is the first ...... Read more on Cyber Shipping Guide - Ocean Commerce
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