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There was a slight uptick in global trade activity in August, according to Panjiva, a trade information management services firm. Specifically:
• The number of waterborne shipments coming into the U.S. experienced a 4-percent month-over-month increase from July to August. Last year, the month-over-month increase was 3 percent, and, in 2008, July-to-August was essentially flat.
• There was a 1-percent increase in the number of global manufacturers shipping to the U.S. market.
• There was a 0.2-percent increase in the number of U.S. companies receiving waterborne shipments from global manufacturers.
Source: Panjiva
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