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Hoexter: Port data from China is down 40 to 60%

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Ken Hoexter, Research Analyst at BofA Securities, warned of freight weakness as UPS sheds Amazon volume and global trade slows, affecting shippers amid continued uncertainty and falling imports.

Ken Hoexter, Research Analyst at BofA Securities, warned of freight weakness as UPS sheds Amazon volume and global trade slows, affecting shippers amid continued uncertainty and falling imports..

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