Top North America box traffic turns negative through July
THE first two months of 2016 showed signs of continued growth in container throughput in the top North America seaports, but not since.
Box volumes in the major seaports of North America increased from 2013 through 2015. Growth during 2013 was below two per cent, but 2014 saw 4.5 per cent growth while 2015 witnessed a five per cent increase.
Some of the most high-growth seaports during 2015 including New York/New Jersey, Savannah, Charleston and Houston have continued to witness a complete reversal with negative TEU growth during the first seven months of 2016, the Seeking Alpha reported.
Major west coast seaports including Los Angeles, Long Beach, the Northwest Seaport Alliance and Oakland have performed much better. Still, east and Gulf Coast seaports have defended their diverted gains from last year as declines have been mostly moderate.
The top North America seaports collectively reflected greater than 90 per cent of total TEU traffic during 2015. The most notable positive performers continue to include the ports of Los Angeles, Virginia, Oakland, Lazaro Cardenas, Miami, Veracruz, Baltimore, Altamira, New Orleans, Halifax and Boston.
THE first two months of 2016 showed signs of continued growth in container throughput in the top North America seaports, but not since.
Box volumes in the major seaports of North America increased from 2013 through 2015. Growth during 2013 was below two per cent, but 2014 saw 4.5 per cent growth while 2015 witnessed a five per cent increase.
Some of the most high-growth seaports during 2015 including New York/New Jersey, Savannah, Charleston and Houston have continued to witness a complete reversal with negative TEU growth during the first seven months of 2016, the Seeking Alpha reported.
Major west coast seaports including Los Angeles, Long Beach, the Northwest Seaport Alliance and Oakland have performed much better. Still, east and Gulf Coast seaports have defended their diverted gains from last year as declines have been mostly moderate.
The top North America seaports collectively reflected greater than 90 per cent of total TEU traffic during 2015. The most notable positive performers continue to include the ports of Los Angeles, Virginia, Oakland, Lazaro Cardenas, Miami, Veracruz, Baltimore, Altamira, New Orleans, Halifax and Boston.