Chart of the Week: US Customs Maritime Import TEUs – Port of Los Angeles, Port of New York/New Jersey SONAR: CSTEU.USLAX, CSTEU.USNYC
The volume of TEUs clearing customs at the Port of New York and New Jersey has doubled versus this time last year, while import volumes have been cut in half at the Port of Los Angeles. Cost effectiveness is driving shippers to take advantage of the savings of going directly to the East Coast, where most of the consumption occurs. This action has led to a rapidly...
https://www.freightwaves.com/news/what-does-east-coast-import-shift-mean-for-domestic-transportation