The US trade deficit narrowed in 2023 to the smallest in three years, government data showed Wednesday, while the country imported more goods from Mexico than China for the first time in about two decades.- Mexico, China trade -
The Commerce Department data also showed that the United States bought more goods from Mexico than China in 2023, a first in around two decades.
Ports in Corpus Christi, Texas, and New Orleans recorded year-over-year increases in cargo volumes, while Port Houston saw a slight decline in 2023. The post Gulf Coast ports see mixed year-over-year results in freight volumes appeared first on FreightWaves.