So much manufacturing is moving from China to Mexico that Mexico is now the US' biggest trading partner [1] [2] [3]. As China ages rapidly, labor costs rise, and deglobalization occurs, the future won't be the past of enormous container loads from China eastbound. North American infra is the new hotness [4] [5]. Tangentially, 40% of ship cargoes are fossil fuels [6] [7], consider how that reduces marine traffic volume with the global energy transition underway.

[1] https://nypost.com/2023/09/12/americas-biggest-trading-partn...

[2] https://nypost.com/2023/08/08/china-exports-plummet-as-us-fi...

[3] https://www.marketplace.org/2023/11/21/with-mexico-the-top-u...

[4] https://en.wikipedia.org/wiki/NAFTA_superhighway

[5] https://en.wikipedia.org/wiki/Interstate_69

[6] https://thelastdriverlicenseholder.com/2022/01/12/almost-40-...

[7] https://unctad.org/system/files/official-document/rmt2019_en...