{"id":17665,"date":"2022-03-09T08:25:55","date_gmt":"2022-03-09T14:25:55","guid":{"rendered":"https:\/\/www.miq.com\/?p=17184"},"modified":"2022-03-09T08:25:55","modified_gmt":"2022-03-09T14:25:55","slug":"near-record-imports-levels-expected-at-u-s-ports-as-congestion-continues","status":"publish","type":"post","link":"https:\/\/www.noatumlogistics.com\/us\/near-record-imports-levels-expected-at-u-s-ports-as-congestion-continues\/","title":{"rendered":"NEAR-RECORD IMPORTS LEVELS EXPECTED AT U.S. PORTS AS CONGESTION CONTINUES"},"content":{"rendered":"

Source:\u00a0<\/span>National Retail Federation Press Release- March 9, 2022<\/a><\/p>\n

Imports at the nation\u2019s major retail container ports are expected to be at near-record levels this spring and summer as consumer demand and supply chain challenges continue to result in congestion, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.<\/p>\n

\"\"<\/p>\n

\u201cConsumers are still spending and the supply chain is still working to keep up,\u201d NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. \u201cGrowth rates have slowed down from the off-the-charts numbers we saw last year, but volume is close to the highest we\u2019ve ever seen. Everyone in the supply chain is trying to reduce congestion, but there is still work to be done. Retailers are also planning for potential additional disruptions this summer from West Coast port labor contract negotiations.\u201d<\/p>\n

NRF recently sent a letter urging the International Longshore and Warehouse Union and the Pacific Maritime Association to begin contract negotiations well before their July 1 contract expiration to avoid any delay in reaching a settlement and additional congestion that might result.<\/p>\n

\u201cCongestion continues on both coasts, with ships queuing for berths at multiple ports,\u201d Hackett Associates Founder Ben Hackett said. \u201cProblems remain with clearing import containers to their inland destinations while export containers are still being held back due to lack of space at the terminals. Until supply chain problems are sorted out with more drivers, trucks and inland storage space, we do not expect to see a rapid decline in the backlogs being experienced.\u201d<\/p>\n

U.S. ports covered by Global Port Tracker handled 2.16 million Twenty-Foot Equivalent Units \u2013 one 20-foot container or its equivalent \u2013 in January, the latest month for which final numbers are available. That was up 3.6 percent from December and up 5.2 percent year-over-year.<\/p>\n

Ports have not yet reported February numbers, but Global Port Tracker projected the month at 2.07 million TEU, up 10.5 percent year-over-year. March is forecast at 2.17 million TEU, down 4.5 percent year-over-year; April at 2.24 million TEU, up 4.2 percent; May at 2.26 million TEU, down 3.2 percent; June at 2.23 million TEU, up 4 percent, and July at 2.26 million TEU, up 3 percent.<\/p>\n

Many of those monthly totals will come close to the record of 2.33 million TEU that was set in May 2021, which was up more than 50 percent year-over-year because of the shutdown of stores and overseas factories in the spring of 2020.<\/p>\n

The first six months of 2022 are expected to total 13.1 million TEU, up 2.4 percent year-over-year. Imports for all of 2021 totaled 25.8 million TEU, a 17.4 percent increase over 2020\u2019s record high of 22 million TEU that was set despite the pandemic.<\/p>\n

Click\u00a0<\/span>here<\/span><\/a>\u00a0to access the National Retail Federation website for the entire press release.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:\u00a0National Retail Federation Press Release- March 9, 2022 Imports at the nation\u2019s major retail container ports are expected to be at near-record levels this spring and summer as consumer demand…<\/p>\n","protected":false},"author":9,"featured_media":17194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[359],"tags":[],"class_list":["post-17665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-news"],"yoast_head":"\nNEAR-RECORD IMPORTS LEVELS EXPECTED AT U.S. PORTS AS CONGESTION CONTINUES - USA<\/title>\n<meta name=\"description\" content=\"Source:\u00a0National Retail Federation Press Release- March 9, 2022 Imports at the nation\u2019s major retail container ports are expected to be at near-record Imports, NRF, National Retail Federation, Global Port Tracker, Hackett Associates, Supply Chain\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.noatumlogistics.com\/us\/near-record-imports-levels-expected-at-u-s-ports-as-congestion-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEAR-RECORD IMPORTS LEVELS EXPECTED AT U.S. PORTS AS CONGESTION CONTINUES - 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