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East Coast ports, including Charleston, outpaced global cargo growth pace in ‘15

East Coast ports, including Charleston, outpaced global cargo growth pace in ‘15

Feb 28 2016 7:00 pm

North American seaports — including the Port of Charleston — saw far greater growth in containerized cargo volumes last year than their counterparts overseas, according to data released last week.

The amount of containerized cargo passing through the world’s ports grew by 1.1 percent last year, the second-lowest annual growth rate ever recorded, according to industry analyst Alphaliner. Only the 8.9 percent drop during the 2009 financial crisis was worse.

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