![]() ![]() ![]() The start of celebrations that have most factories shut for at least two weeks and the shipment activity related to it had last February being the weakest inbound month.” He suggests that, this year, March inbound figures will be disappointing. John McCown suggests that “The first thing to note is that February benefited from the Lunar New Year in China which began 11 days earlier this year (Feb 1 versus Feb 12 in 2021). In examining the February figures, he comments that: “February was ninth straight month in which year over year percent change in volume at East/Gulf Coast ports outperformed West Coast ports.” Shippers have made the shifts, in part, because they have had enough with the widely reported congestion on the West Coast.īut other factors are at play, underlying the statistics. While West Coast ports have pointed to “record volumes”, their inbound throughputs were up by single digits in relative terms Los Angeles (still the leader for inbound TEUs, in absolute terms) was up 2.7%. ports-buoyed by moves into East Coast ports.Īccording to his analysis, big winners from the shift have been Charleston, Houston and Norfolk, all showing imports (measured in the TEU’s) up over 30%. In his mid-March edition, he talks about a 15.6% inbound cargo gain in February, 2022 (month on month, compared to the previous year) for the ten largest U.S. John McCown, an industry veteran with decades in liner shipping (his mentor was Malcom McLean, the inventor of containerization), provides excellent insights into these flows with his monthly McCown Container Volume Observer. bound cargo inbound to East Coast ports over the past nine months-since mid-2021. The cargo has been shifting not surprisingly, cargo interests are paying more on the ocean freight component (though less on the land portion of moves), and routing more U.S. ![]() Noted names like and Maersk and Sea-Intelligence (closely tied to the Maersk organization) have hinted that “things will get back to normal” later in the year, with the latter suggesting that overall “reliability “(think about adherence to schedules) is presently down to low levels, circa 30%, not seen in more than a decade. The queues of anchored vessels on the West Coast are shrinking- now with a “60” or “70” handle, down from the print of over 100 vessels at end 2021. ![]()
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