A First Glance at October’s TEU Counts Surge. Peak. Call it what you want. October returns from Southern California’s neighboring Ports of Los Angeles and Long Beach show a collective 17.7% jump from last October in the number of inbound loaded TEUs the two ports handled. Elsewhere, Hurricane Florence’s mid-October visit to the Carolinas evidently did not much faze the Port of Savannah, which posted an impressive 9.3% increase in inbound loaded boxes over last October. Early reporters also include the Port of Oakland and Prince Rupert, which recorded gains of 7.4% and 8.8%, respectively, over last October. With one huge exception, October outbound trades announced thusfar are uniformly down: Long Beach (-5.0%); Oakland (-8.2%); and Savannah (-6.2%). Even Prince Rupert saw an 8.9% drop in outbound loaded TEUs from last October. The outlier was LA, which saw its outbound loaded TEU count leap 20.5%, giving the San Pedro Bay ports a very respectable 8.6% year-over-year gain.
The article PMSA West Coast Trade Report: November 2018 appeared first on files.constantcontact.com.
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