Container Imports Up Sharply in September

Monday, September 10, 2012

Retail Container Imports to Increase 8.5 Percent in September; Strong Holiday Numbers Expected Despite Threat of Port Strike.

 

Import cargo volume at the nation’s major retail container ports is expected to increase 8.5 percent in September compared with the same month last year, and strong increases are expected into the holiday season despite talk of a possible strike at East Coast and Gulf Coast ports, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

 

“Retailers are bringing in more merchandise for the holiday season this year. The question at some ports is whether longshoremen will be on the docks to unload it,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Regardless of what happens with contract talks, retailers have contingency plans in place to ensure that merchandise reaches store shelves in time and that there is no disruption for shoppers.”

 

Talks between the International Longshoremen’s Association and United States Maritime Alliance broke down in August, and at least one major ILA local has authorized a strike if a new contract for East Coast and Gulf Coast ports isn’t agreed on by the time the current pact expires September 30. Labor and management have agreed to meet again next week under the supervision of the Federal Mediation and Conciliation Service. Retailers are considering a variety of contingency plans, including diverting cargo to West Coast ports, which are represented by a separate union and not affected.

 

U.S. ports followed by Global Port Tracker handled 1.41 million Twenty-foot Equivalent Units in July, the latest month for which after-the-fact numbers are available. That was up 2.2 percent from June and 2.5 percent from July 2011. One TEU is one 20-foot cargo container or its equivalent.

 

August was estimated at 1.43 million TEU, up 4.4 percent from last year. September is forecast at 1.49 million TEU, up 8.5 percent; October at 1.48 million TEU, up 11.7 percent; November at 1.32 million TEU, up 1.9 percent; and December at 1.25 million TEU, up 2.7 percent. January 2013 is forecast at 1.23 million TEU, down 3.8 percent from January 2012.

 

The first half of 2012 totaled 7.7 million TEU, up 3 percent from the same period last year. For the full year, 2012 is expected to total 16 million TEU, up 4.2 percent from 2011.

 

All the numbers above reflect this month’s addition of Port Everglades in Fort Lauderdale, Fla., to the list of harbors covered by Global Port Tracker, with 2011 numbers adjusted to provide accurate comparisons.

 

Hackett Associates Founder Ben Hackett said shipping patterns are being affected by the possibility of a strike.

 

“Importers anticipating a strike placed orders early to ensure that their goods would arrive in time, and are most likely also switching deliveries for the East Coast to the West Coast instead,” Hackett said. “As a consequence, August appears to have been a relatively good month, and September will also be above the norm. The West Coast will benefit at least through October as cargo is diverted.”

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Panama Canal: The Billion Dollar Challenge

Panama Canal expansion will cost operators, insurers As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks

Legislation Signed for Ports Upgrades

Today, Governor Brown signed AB 2395 Legislation. The bill was co-authored by Bonnie Lowenthal chair of the Assembly Transportation Committee and the Select Committee

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Finance

Panama Canal: The Billion Dollar Challenge

Panama Canal expansion will cost operators, insurers As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks

Wishful Thinking From Across the Pond

European Shipowners Pursue Softening of the Jones Act Just last month, the Secretary General of the European Community Shipowners’ Association (ECSA) opined that

Scottish Independence Would Hurt Maritime Sector

A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international

Container Ships

Shanghai Port's Q2 Profit Down; China Trade Flagging

Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.

Pariah Containership Banned from Australian Ports

The Australian Maritime Safety Authority (AMSA) informs that it has issued a direction to the container ship 'Vega Auriga' (IMO 9347786) that prohibits the ship

COSCO Resorts to Rate Restoration for F. East to S Africa Trade

COSCO Container Lines would like to announce Rate Restoration for all shipments (include reefer cargo) from Far East to South Africa Trade and take effect from September 1, 2014.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1369 sec (7 req/sec)