Bonney, Joseph
May 2010
Journal of Commerce (1542-3867);5/10/2010, Vol. 11 Issue 19, p31
The article predicts the renewed growth in the international shipping industry for 2010 as reported by industry watchers such as PIERS Global Information Solutions and IHS Global Insight. Evidence can be seen by the unexpected 9.7% increase in twenty-foot equivalent units (TEU) volume at U.S. ports against a forecasted 6.2 % in 2010 and by increased company earnings of Whirlpool and Corning due to consumer demand for appliances and glass being exported to China. It adds that continued job growth remains the key factor in maintaining the momentum. INSET: KEEPING THE EURO SOUND.


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