FILA Finds Its Way to Growth, IKEA Cuts as Baltimore Prepares to Expand — Panjiva
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FILA Finds Its Way to Growth, IKEA Cuts as Baltimore Prepares to Expand

China 3053 Cons. Discr. - Apparel 531 Cons. Discr. - Durables 575 Corp - Ports 911 Mode - Seaborne 1846 U.S. 5404

The Maryland Port Authority has started investments to increase capacity at the port of Baltimore. That’s followed steady but slowing growth which has seen container handling rise 5.5% year over year in the 12 months to Jun. 30, down from a 7.3% annualized rate in the previous three years. Reduced imports from China – which fell 1.0% year over year in the 12 months to Jun. 30 and dropped 4.9% in 2Q – are to blame for the slowdown in growth, though imports from the rest of Asia and from Europe have compensated. While the outcome of the U.S.-China trade war remains uncertain...

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