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Container Volumes on the Rise at North American Ports

Journal of Commerce Sep 02, 2014

The number of containers moving through major North American ports was up over 4 percent in the first half of 2014, port statistics show.

Now that numbers published by the ports are all out — Metro Vancouver lagged in its release date, finally releasing its first-half number yesterday — a clearer picture of the changing landscape in North America can be seen. Ports on the East Coast outperformed their West Coast competitors in the first half, with East Coast throughput volume growing 5.1 percent to 9.1 million and West Coast ports seeing volumes grow 3.7 versus the first half of 2013. The East Coast snatched up 0.3 percent more of total North America throughput volume as a result.

North American ports handled 20.9 million TEUs in the first half of 2014, 4.1 percent higher than 2013 first-half totals. U.S. ports were responsible for about 85.5 percent of that total, while Canadian ports accounted for 12.3 percent and Mexico’s Lazaro Cardenas handled about 2.2 percent. Mexico lost market share, which was effectively split amongst the U.S. and Canada. The U.S. increased its market share about 0.5 percentage point in 2014, as Canada lost 0.2 percentage point — a figure that could have been higher if it weren’t for diversions from Mexico — and Mexico lost 0.5 percentage point.

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Container Volumes on the Rise at North American Ports

Journal of Commerce Sep 02, 2014