{"id":1505,"date":"2023-02-20T11:10:22","date_gmt":"2023-02-20T11:10:22","guid":{"rendered":"https:\/\/phoenixglobalgroup.com\/?p=1505"},"modified":"2024-02-27T09:52:14","modified_gmt":"2024-02-27T09:52:14","slug":"january-import-volumes-at-the-ten-largest-us-container-ports-fell","status":"publish","type":"post","link":"https:\/\/phoenixglobalgroup.com\/el\/nea\/january-import-volumes-at-the-ten-largest-us-container-ports-fell\/","title":{"rendered":"January import volumes at the ten largest US container ports fell"},"content":{"rendered":"

By\u00a0Mike Wackett
\n20\/02\/2023<\/p>\n

January import volumes at the ten largest US container ports fell 17.9% against the record throughput of January last year, with\u00a0the biggest declines at west coast ports.<\/p>\n

And with an expected \u201csignificant volume decline\u201d this month too, US box ports are preparing for a tough first six months before an anticipated recovery in the second half of the year.
\nAccording to the latest McCown container volume analysis, there were 23.5% fewer containers discharged at US west coast ports last month than the previous year, at 775,577 teu, with the port of Long Beach the worst performer, recording a drop of 32.3%, to 263,394 teu.<\/p>\n

The McCown report also recorded a 12.6% fall in import containers at US east and Gulf Coast ports in January, to 919,589 teu, with volumes at New York\/New Jersey seeing the biggest contraction, of 20.6%, to 316,010 teu.
\nReport author John McCown said: \u201cPotential labour unrest on the west coast continued to play a role in shifting volumes eastward in addition to the broader adjustment of inbound volumes from pandemic-fuelled goods purchases.\u201d
\nMoreover, California\u2019s San Pedro Bay terminals also saw a big drop in the number of empty containers repositioned to Asia in January \u2013 as headhaul demand slumped and carriers stored equipment at increasingly overwhelmed US depots \u2013 down 26% from Los Angeles, to 251,251 teu, and down 29% at Long Beach, to 204,755 teu.<\/p>\n

However, there was better news on US exports, with the combined total shipped from the top US ports up 11.9% on the previous year, to 811,078 teu.
\nNevertheless, the export gain was entirely due to a 25.7% spike in boxes shipped from the US east coast, 505,599 teu; exports from US west coast ports fell 5.2%, to 305,478 teu.
\n\u201cThe performance of export containers continues to improve with a solid gain in January,\u201d said Mr McCown and Long Beach executive director Mario Cordero said the port was \u201cconfident we will grow cargo volume\u201d and \u201crecapture market share\u201d.<\/p>\n

However, neighbouring Los Angeles executive director Gene Seroka said \u201cas expected, January was soft\u201d and warned there would be a \u201csignificant volume decline\u201d in February.<\/p>\n

He advised that, from the same number of vessel arrivals last month, compared with January 2022, ships arrived at the LA terminals with about 16% less cargo.<\/p>\n

\u201cMany factories in Asia have had extended lunar new year closures, retailers continue to discount products to clear warehouses and inflation-led economic concerns remain top of mind for Americans,\u201d said Mr Seroka.
\nHe said that, in contrast to 2022, which saw a very strong first six months on the transpacific tradelanes, this year was \u201cshaping up to see a more robust setting in the back half of the year\u201d.<\/p>\n

\u201cBased on our forecasting model and conversations we are having within the industry, we\u2019ll likely see numbers improve in the second half of the year,\u201d said Mr Seroka.<\/p>\n

Source:
\nContainer imports tumble at US ports, with the west coast hardest hit – The Loadstar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By\u00a0Mike Wackett 20\/02\/2023 January import volumes at the ten largest US container ports fell 17.9% against [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[37],"class_list":["post-1505","post","type-post","status-publish","format-standard","hentry","category-nea","tag-2023-el"],"yoast_head":"\nJanuary import volumes at the ten largest US container ports fell - PHOENIX GLOBAL FREIGHT GROUP S.A. - Since 1991<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoenixglobalgroup.com\/el\/nea\/january-import-volumes-at-the-ten-largest-us-container-ports-fell\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"January import volumes at the ten largest US container ports fell - 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