Global trade activity dipped from January to February, according to Panjiva data
On the heels of a strong beginning to the year for global trade activity in January, February did not follow suit, according to data released this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Panjiva reported that U.S.-bound waterborne shipments in February—at 983,482—dropped 16 percent from January and 6 percent compared to February 2013. The steep January to February decline easily eclipsed the 2 percent fall off for the same period in 2013 and was just shy of 2012’s 20 percent decrease and ahead of 2011’s 15 percent drop.
To read the complete article, please click here.