English
2024/08/12
The Global Port Tracker report, jointly issued by the National Retail Federation (NRF) and Hackett Associates, anticipates that monthly inbound cargo volumes at major U.S. container ports will reach their zenith in nearly two years this summer.
Ben Hackett, founder of Hackett Associates, attributes this seven-month surge—during which import levels are expected to consistently surpass two million TEUs—to shifts in the traditional peak shipping season.
In accordance with the Japan International Freight Forwarders Association (JIFFA), the ports monitored by Global Port Tracker handled 2.02 million TEUs in April, marking a 4.6% increase from March and a 13.2% rise year-over-year—the highest since October 2022’s 2.06 million TEUs.
While May’s figures are pending, projections suggest volumes climbed to 2.09 million TEUs, an 8.3% increase, reaching the highest level since August 2022’s 2.26 million TEUs.
June is anticipated to see further growth at 2.11 million TEUs, up 15.2%, followed by July at 2.1 million TEUs (+9.5%), August at 2.17 million TEUs (+10.6%), September at 2.06 million TEUs (+1.7%), and October at 2.01 million TEUs (-2.3%).
Overall, the first half of 2024 is projected to handle 12.1 million TEUs, reflecting a 15% increase from the corresponding period last year.
