We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Sea container imports break another record as holiday season nears, report says
newsworthy

Sea container imports break another record as holiday season nears, report says

October 10, 2017
DC Velocity Staff
No Comments

Import traffic at the nation's 11 major container ports broke a record for the second month running as retailers brought in merchandise for the busy holiday season, according to the monthly "Global Port Tracker" report released today by the National Retail Federation (NRF) and consulting firm Hackett Associates.

The ports handled 1.8 million twenty-foot equivalent units (TEUs) in August—the latest month for which after-the-fact numbers are available—up 1.4 percent over July and 5.6 percent over August 2016, the report showed. The volume was the highest recorded since NRF began tracking imports in 2000, topping the previous record of 1.78 million TEU set just one month earlier in July.

"When imports break records two months in a row, it's hard to see that as anything other than a good sign about what retailers expect in consumer demand," NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said in a statement. "Consumers are buying more, and everybody from dockworkers to truck drivers is trying to keep up. We hope this is a sign of a strong holiday season for retailers, shoppers, and our nation's economy."

What's more, imports are still continuing at unusually high levels, so the torrid pace of growth is not done yet, the report found. September volume was estimated at 1.65 million TEU, up 3.7 percent from last year, and October is forecast at 1.72 million TEU, up 2.8 percent, according to the NRF-Hackett report.

While not a record, the October number would be one of only six times in the report's history that the monthly total has hit 1.7 million TEU or higher. Overall, growth has slowed from the first half of the year, but 2017 is expected to total 19.8 million TEU, topping last year's previous record of 18.8 million TEU by 5.4 percent.

The Global Port Tracker study, which is produced for NRF by Hackett Associates, covers the U.S. ports of Los Angeles/Long Beach and Oakland, Calif., and Seattle and Tacoma, Wash., on the West Coast; New York/New Jersey, Hampton Roads, Va., Charleston, S.C., Savannah, Ga., and Port Everglades, Fla., and Miami on the East Coast; and Houston on the Gulf Coast.

Transportation Maritime & Ocean
KEYWORDS Hackett Associates NRF - National Retail Federation
  • Related Articles

    Sea container imports to level off in November after months of record volumes, report says

    Sea container imports seen better than expected in holiday period, report says

    Sea container imports seen growing 7 percent in 2017, NRF-Hackett report says

Recent Articles by DC Velocity Staff

Artificial intelligence creates real encyclopedia

Freight sector missed the boat on strong U.S. economy in Q3 and Q4, FTR says

Sloppy thieves botch trailer heist

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Fred Smith is not worried about Amazon

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • In Person: Steve Beverly of Penske

  • InPerson interview: Rob McKeel of Fortna

Now Playing on DCV-TV

Eeafd0c7 0569 4a63 8b31 fdbc5322c7cd

Crown’s DualMode Automated Forklifts Revolutionize the Warehouse

DCV-TV 4: Viewer Contributed
As part of the company’s ongoing digitization efforts, DHL Supply Chain has deployed Crown’s DualMode automated reach trucks to help ensure resiliency in the supply chain, with reach trucks available 24/7/365. “AGVs provide a better quality of life for our associates on the floor,” says Gordon Hanthorn, Senior...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing