NY-NJ ports fall behind US east coast facilities in container imports
THE volume of laden containers imported through the Port of New York and New Jersey fell in July for the fifth consecutive month, a 6.9 per cent decline showing the port lagging behind the rest of the east coast as the peak season takes hold, according to IHS Media.
Although the Port of New York and New Jersey imported more laden boxes in July than any other month this year, the number of laden imports year to date also fell, with a 2.8 per cent decline in the first seven months year on year, according to Port Authority of New York & New Jersey figures.
Meanwhile east coast ports enjoyed a 1.5 per cent container volume increase. But laden import boxes through east coast ports fell 2.9 per cent in July year on year.
The relatively weak performance by the Port of New York and New Jersey raise questions whether the gains made by the port when container business was diverted from the west coast due to labour problems there, during late 2014 and early 2015, are ebbing away.
Yet the port is still well ahead of where it was prior to the west coast's labour problems: the year to date import figure for 2016 is 9.5 per cent above that of the same period in 2014.
THE volume of laden containers imported through the Port of New York and New Jersey fell in July for the fifth consecutive month, a 6.9 per cent decline showing the port lagging behind the rest of the east coast as the peak season takes hold, according to IHS Media.
Although the Port of New York and New Jersey imported more laden boxes in July than any other month this year, the number of laden imports year to date also fell, with a 2.8 per cent decline in the first seven months year on year, according to Port Authority of New York & New Jersey figures.
Meanwhile east coast ports enjoyed a 1.5 per cent container volume increase. But laden import boxes through east coast ports fell 2.9 per cent in July year on year.
The relatively weak performance by the Port of New York and New Jersey raise questions whether the gains made by the port when container business was diverted from the west coast due to labour problems there, during late 2014 and early 2015, are ebbing away.
Yet the port is still well ahead of where it was prior to the west coast's labour problems: the year to date import figure for 2016 is 9.5 per cent above that of the same period in 2014.