Summary
Imports to Long Beach continued their climb in January, beating all major competing ports, but rising oil prices have economists spooked.
Prices per barrel have hovered above $100 in recent weeks amid unrest in the Middle East, dragging down an already anemic recovery and crushing profit margins for many large shipping companies.See the full content of this document
Extract
On the Waterfront: Lb Imports Rising Despite Oil Fears
In a white paper released Monday, Ben Hackett of Hackett Associates, a global trade trend researcher, warned that if prices continue to climb, "the consumer will take fright and demand for goods will drop...
See the full content of this document
Sponsored links
