Global trade has a bounce back month, according to Panjiva data
Data released by Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed an improvement in global trade activity from February to March after a lackluster February.
U.S.-bound waterborne shipments in March—at 1,066,961—was up 20 percent annually and up 8 percent from February to March. This sequential change was well ahead of a 15 percent February to March decline in 2013 and in line with a 14 percent gain for the same period in 2012.
The number of global manufacturers shipping to the U.S in March—154,431—was up 7 percent compared to March 2013 and was flat from February to March. For the same sequential period in 2013, shipments were down 10 percent and in 2012 they were up 6 percent.
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