China Sparks World Container Traffic Boom

May 15, 2017

Preliminary data from Drewry’s Container Trades Statistics (CTS) indicates that world container traffic surged by 10% year-on-year in the first quarter of 2017, fuelled mainly by spikes in imports and exports from China. The CTS numbers point to intra-regional trade as the primary driver of growth with volumes up by 17%, versus 7% for deep-sea traffic.