News
Import cargo volume at U.S. major container ports should climb steadily through this summer but will remain below record-setting levels seen during most of the pandemic, according to the Global Port Tracker report released recently by the National Retail Federation (NRF) and Hackett Associates.
The U.S. ports covered by Global Port Tracker handled 1.55 million TEUs of containers in February, down 14.4% from January and 26.8% year over year. It was the lowest volume since 1.53 million TEUs in May 2020, when many factories in Asia and most U.S. stores were closed due to the pandemic.
Global Port Tracker projects 1.68 million TEUs in March, down 28.2% year over year. April is forecast at 1.86 million TEUs, down 18%; May at 1.91 million TEUs, down 20.1%; June at 1.99 million TEUs, down 11.8%; July at 2.1 million TEUs, down 3.9% and August at 2.13 million TEUs, down 5.9%.
