By Jeff Berman ·
March 25, 2024
February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account, the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that U.S.-bound imports over the first two months of 2024, at 5.04 million TEU, posted a 14% annual increase over 2023’s 4.40 million TEU.
By Jeff Berman ·
March 20, 2023
The Port of Los Angeles reported that February volume—at 487,846 TEU (Twenty-Foot Equivalent Units)—were down 43% compared to February 2022. The Port of Long Beach reported that total February volume—at 543,675 TEU—dropped 31.7% annually
By Jeff Berman ·
March 8, 2023
For January, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.81 million TEU (Twenty-Foot Equivalent Units), for a 4.4% increase compared to December and a 16.5% annual decrease.
By Jeff Berman ·
March 7, 2023
For the month of February, Descartes observed that U.S. container volumes—at 1,734,272 TEU (Twenty-Foot Equivalent Units)—were off 16.2% compared to January, while falling 25.0% annually, and down 0.3% compared to February 2019 prior to the pandemic.
By Jeff Berman ·
February 17, 2023
POLA reported that total January volumes—at 726,014 TEU (Twenty-Foot Equivalent Units)—were down 16% compared to January 2021, an all-time record for the month. January POLB volume—at 573,772 TEU—was also down compared to a record January 2022, falling 28.4%.
By Jeff Berman ·
February 13, 2023
For the month of January, Descartes noted that U.S. container volumes—at 2,068,943 TEU (Twenty-Foot Equivalent Units)—were up 7.2% compared to December’s 1,929,032 TEU, which were down 1.3% compared to November, and its largest December to January increase in the last six years. While volume saw a sequential gain, they were down 16.1% annually, with the caveat that this tally was only 0.3% below a pre-pandemic January 2019. The report also noted that even though the Lunar New Year was in January, the subsequent impact on import volumes won’t be felt until later this month and into March.
By Jeff Berman ·
February 7, 2023
A pairing of ongoing economic uncertainty and lower import volumes were the key themes in the new edition of the Port Tracker report, which was issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
By Jeff Berman ·
January 11, 2023
A key takeaway of the report highlighted that December U.S. container import volumes saw a mild decline, down 1.3% compared to November, at 1,929,032 TEU (Twenty-Foot Equivalent Units), with a 21.3% annual decline. What’s more, December’s tally came in 1.3% ahead of December 2019, prior to the onset of the pandemic.
By Jeff Berman ·
January 10, 2023
For November, the most recent month for which data is available, import volume for the ports covered in the report, came in at 1.78 million TEU, an 11.3% decline compared to October and a 15.8% annual decline. This represented the lowest monthly tally since February 2021, when it came in at 1.87 million TEU, the lone month in more than two years to come in below 2 million TEU.
By SCMR Staff ·
January 9, 2023
With imports below the 2 million TEU mark, major ports escape the pressures of the past year.
By Jeff Berman ·
December 7, 2022
For October, the most recent month for which data is available, import volume—at 2 million TEU (Twenty-Foot Equivalent Units)—was off 1.3% compared to September and was off 9.3% annually.
By Jeff Berman ·
November 18, 2022
Total October POLA volume—at 678,429 TEU (Twenty-Foot Equivalent Units)—fell 25% annually, and total October POLB volume fell16.6% annually, to 658,428 TEU.
By SCMR Staff ·
October 26, 2022
Berg Insight says the number of units in use will rise from 11 million last year to more than 33 million by 2026.
By Jeff Berman ·
October 20, 2022
Total September POLA volume—at 709,873 TEU (Twenty-Foot Equivalent Units)—marked a 21.5% annual decline up against September 2021, POLB’s all-time high for the month of September. The Port of Long Beach reported that September volume slipped 0.9% annually in September, to 741,823 TEU. I
By SCMR Staff ·
October 10, 2022
For the remainder of 2022, imports expected by Global Tracker to be off 4% year over year.