Container import cargo volume at American major ports is expected to increase 3.2 per cent in April year on year with such gains continuing through summer, Daily Shipping Times reports.
American ports followed by Global Port Tracker handled 1.04 million TEUs in February, the latest month for which records are available. With February traditionally the slowest month of the year, volume was down 16 per cent from January and 5.7 per cent from February 2011.
March was estimated at 1.19 million TEUs, up 9.6 per cent from a year ago, and April is forecast at 1.25 million TEUs, up 3.2 per cent from last year. May is forecast at 1.29 million TEUs, the same as last year; June at 1.29 million TEU, up 3.6 per cent; July at 1.35 million TEUs, up 1.9 per cent, and August at 1.42 million TEUs, up 7.4 per cent.
The first half of 2012 should total 7.3 million TEU, up 2.2 per cent year on year. The total for 2011 was 14.8 million TEUs, up 0.4 per cent from 2010's 14.75 million TEUs. The federation continues to project 2012 retail sales will grow 3.4 per cent to $2.53 trillion.
“Hopefully the importers and the carriers can work closely together to ensure sufficient capacity and a solid supply chain.”
Global Port Tracker covers the ports of Long Angeles, Long Beach, Oakland, Seattle, Tacoma, New York/New Jersey, Hampton Roads, Charleston, Savannah and Houston.
American ports followed by Global Port Tracker handled 1.04 million TEUs in February, the latest month for which records are available. With February traditionally the slowest month of the year, volume was down 16 per cent from January and 5.7 per cent from February 2011.
March was estimated at 1.19 million TEUs, up 9.6 per cent from a year ago, and April is forecast at 1.25 million TEUs, up 3.2 per cent from last year. May is forecast at 1.29 million TEUs, the same as last year; June at 1.29 million TEU, up 3.6 per cent; July at 1.35 million TEUs, up 1.9 per cent, and August at 1.42 million TEUs, up 7.4 per cent.
The first half of 2012 should total 7.3 million TEU, up 2.2 per cent year on year. The total for 2011 was 14.8 million TEUs, up 0.4 per cent from 2010's 14.75 million TEUs. The federation continues to project 2012 retail sales will grow 3.4 per cent to $2.53 trillion.
“Hopefully the importers and the carriers can work closely together to ensure sufficient capacity and a solid supply chain.”
Global Port Tracker covers the ports of Long Angeles, Long Beach, Oakland, Seattle, Tacoma, New York/New Jersey, Hampton Roads, Charleston, Savannah and Houston.