NYK Line’s eastbound trans-Pacific volume fell 8 percent year-over-year in May, the second straight monthly decline on the trade lane for imports into the United States, according to an operations report from the Japanese container ship line.
Volume grew 8.5 percent on a month-to-month basis, signaling some momentum on the trade lane heading into the peak shipping season. But May also marked the third year-over-year drop in the past four months for Asia-U.S. trade at NYK, and the 98,000 20-foot equivalents in the first two months of the carrier’s fiscal first quarter was 6 percent below volume in the same two months a year ago.
Asia-Europe demand looked stronger by comparison, coming in flat in May compared to May 2010 and 2 percent ahead of last year in April and May combined.
Volume grew 8.5 percent on a month-to-month basis, signaling some momentum on the trade lane heading into the peak shipping season. But May also marked the third year-over-year drop in the past four months for Asia-U.S. trade at NYK, and the 98,000 20-foot equivalents in the first two months of the carrier’s fiscal first quarter was 6 percent below volume in the same two months a year ago.
Asia-Europe demand looked stronger by comparison, coming in flat in May compared to May 2010 and 2 percent ahead of last year in April and May combined.