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From Home Furnishing Business

Container Traffic to Rise in Spring

March 11, 2014  by in Industry, Sourcing / Importing   

“Retailers are bouncing back from the annual post-holiday slowdown and getting ready for the surge in activity that comes each year as the weather warms up,” Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Shelves are going to be well-stocked with everything from bathing suits to barbecues.”

“Congestion has been a problem for many ports during this slowdown, so operations will need to improve to handle the expected surge in the coming months,” Gold said. Cargo movement at some ports has been slowed by a number of issues recently, including severe winter weather and shortages of labor and equipment.

U.S. ports followed by Global Port Tracker handled 1.36 million 20-Foot Equivalent Units in January, the latest month for which after-the-fact numbers are available. That was up 5.3 percent from December and 4.1 percent from January 2013. One TEU is one 20-foot cargo container or its equivalent.

February, historically the slowest month of the year, was estimated at 1.17 million TEU, down 8.8 percent from the same month last year. March is forecast at 1.28 million TEU, up 12.4 percent from last year; April at 1.36 million TEU, up 5.1 percent; May at 1.44 million TEU, up 3.7 percent; June at 1.43 million TEU, up 5.3 percent, and July at 1.49 million TEU, up 3.4 percent. The first half of the year is expected to total 8 million TEU, up 3.5 percent over last year.

The total for 2013 was 16.2 million TEU, up 2.3 percent from 2012’s 15.8 million TEU. 

The import numbers come as NRF is forecasting 4.1 percent sales growth in 2014, contingent on how Washington policies on economic issues affect consumer confidence. 

Global Port Tracker covers the U.S. ports of Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Hampton Roads, Charleston, Savannah, Port Everglades and Miami on the East Coast, and Houston on the Gulf Coast.