In fiscal year 2008, the total volume of U.S. liner exports shipped worldwide grew by 15 percent. Liner imports to the U.S., however, continued to weaken, declining by 6 percent at fiscal year end. As in preceding years, China was the leading trading partner in liner cargo with the U.S., and over half of all the U.S. liner cargo (imports and exports) was concentrated in trade with nations in northeast Asia. At the end of the fiscal year, indications of a serious global economic downturn were present as the credit and financial crises unfolded and recessionary conditions began to affect economies worldwide. As consumer spending in the U.S. and abroad contracts, the demand for liner cargo is forecast to decline dramatically. The Commission continued to monitor the international liner trade, focusing in large part on issues relating to ocean common carriers and marine terminal operators in filed agreements.


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    Titel :

    Federal Maritime Commission Annual Report (47th) for Fiscal Year 2008


    Erscheinungsdatum :

    2009


    Format / Umfang :

    126 pages


    Medientyp :

    Report


    Format :

    Keine Angabe


    Sprache :

    Englisch