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Moody's: Stable climate for US container ports

US container ports are benefiting from the growing container trade in the US, a development that makes Moody's rate the ports' condition stable after five years with a negative outlook on the industry.

Long Beach Photo: Ric Francis

Rating bureau Moody's concludes in a new analysis that US container ports are doing better than they have in a long time. So well, in fact, that the ports are now, for the first time in five years - since 2009 - rated 'stable'.

The container ports can now be said to have stabilized, and this development represents an upgrade from the negative rating that Moody's has given the ports since the financial crisis.

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