NWSA container volumes see 4 percent increase through October
The Northwest Seaport Alliance’s total year-to-date container volumes through October are up 4 percent.
Year-to-date import volumes increased 2 percent to 1,256,714 TEUs (20-foot equivalent units). Meanwhile, exports were up 10 percent at 1,200,018 TEUs. Total international container volume, including empties increased 6 percent year to date to 2,456,732 TEUs. YTD international volumes are currently trending to be the fourth-highest in our history.
Total monthly volumes for the gateway declined 2 percent over October 2016. Imports for the month of October decreased 6 percent to 119,943 TEUs compared to last year. Exports were up 1 percent to 120,196 TEUs. Empty exports grew 46 percent as ocean carriers continued to reposition containers to Asia to keep pace with peak-season demand.
Total domestic volumes for the month increased 1 percent compared to the same month last year as Alaska cargo increased 2 percent. Alaska’s year-to-date volumes were down 6 percent and are expected to end the year 8 percent lower than 2016 due to soft market conditions. Hawaii volumes through the Pacific Northwest are down 4 percent year to date.
Other cargo highlights:
- Log volumes remain positive year to date. They were up 43 percent to 215,976 metric tons year to date compared with the same period last year.
- Other breakbulk cargo volume was up 13 percent to 171,952 metric tons year to date.
- Weakening U.S. demand and a shift in manufacturing locations continue to impact auto volumes. At 120,263 units year to date, autos were down 14 percent compared to the same period last year.
View the October 2017 cargo reports: