1. Home
  2. Maritime industry news - PortNews
  3. Dip in US container traffic falls

2007 December 18   13:17

Dip in US container traffic falls

According to a port traffic tracker report from the National Retail Federation and Global Insight, November saw container traffic at major US ports fall from last year's levels for the fourth month in a row.
The reports blamed a weakening US economy.
The tracker report includes throughput at the key ports of Los Angeles/Long Beach, Houston, Savannah, Charleston, Oakland, Tacoma, Seattle, New York/New Jersey and Hampton Roads.
These ports in total handled 1.46 million twenty-foot equivalent units (TEUs) in October which was a 1.3% drop from the previous month's levels and a 3.5% dip from the 1.51 million TEUs handled in October last year.
November levels also saw a 3.5% dip year-on-year as the falling traffic worsens from the 1.4% dip year-on-year in August and a subsequent 1.9% dip year-on-year in September.
Analysts say retailers are apparently bracing themselves for a 'slower' Christmas.
Inventories and supply stockpiles have thus been downsized or 'managed carefully' to avoid overstocking and possible unplanned discounts, said reports.

Latest news

2025 June 14

2025 June 13

2025 June 12

Mon Tue Wed Thu Fri Sat Sun
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31