Forecast:

US Box Imports Remain Strong in 2016

MAJOR US container ports are expected to be at near-peak throughput levels in September amid the Hanjin Shipping bankruptcy.

News ID: 68825

Date: 13 September 2016 - 12:39

According to MANA cited by Global Port Tracker report, imports volume is forecast at 1.67m teu in August, down 0.4% compared with the same period last year. September is predicted at 1.62m teu, down 0.2%.

The report shows major box ports handled 1.63m teu of imports in July, the latest month for which the numbers are available. That was up 3.2% from June and up 0.7% from July 2015.

The report predicts volumes in October to see a 5.3% year-on-year surge to reach 1.63m teu. November volume is estimated at 1.53m teu, up 3.8%, and December at 1.49m teu, up 3.6%.

Import cargo volumes are expected to grow 2.8% in January 2017 to 1.53m teu, according to the report.