Trade activity experienced a significant drop in October according to BIIA member Panjiva.

Specifically, the numbers of waterborne shipments coming into the U.S. experienced a -10% month-over-month decrease from September to October.  Previous years’ September to October changes: -.2% in 2011, -2% in 2010, +3% in 2009, +1% in 2008.

Source: Panjiva – a member of BIIA