Ports & Terminals
AJOT | Top Story | April 26, 2022
Specific findings include:
• Import volumes are up: March import volumes were up 11% from February 2022 to almost 2.6 million TEUs and up 1% from March 2021 and 44% from pre-pandemic March 2019
• Port congestion is declining: The shift of volume away from the major West Coast ports reversed itself in March 2022. Comparing the top five West Coast ports to the top five East Coast ports in March 2022 versus February 2022 shows that, of the total import container volume, East Coast ports declined to 41.4% of the total while West Coast ports represented 45.0%
• West Coast ports are a hot spot: The Port of Los Angeles remained in the top spot at 464,600 TEUs in March, growing ~60,000 TEUs versus February but still down from its high of 530,432 TEUs in May 2021