Port of Houston

Port Houston achieves 11% container growth in November

In November, container volume at Port Houston grew by 11% compared with the same month last year, reaching a total of 348,950 TEUs.

The previous month was the fourth-highest month ever for container handling at Port Houston’s Barbours Cut and Bayport terminals.

Meanwhile, Port Houston’s container volume from January to November is up 17% from the same period in 2021, totaling 3,682,874 TEUs.

Port Houston reported that althought volumes continue to be solid through November, import activity will...

https://container-news.com/port-houston-achieves-11-container-growth-in-november/

Container-ship logjams off US ports finally easing as imports fall

maps showing container ship backlogs

The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday. The bad news is that there were still 99 container ships offshore and the pre-COVID norm was in the single digits.

There’s still a long way to go to clear the backlog. But the current tally is now back to June levels and 35% off recent highs.

The number of ships waiting off North American ports peaked at around 150 in January, with waiting vessels almost entirely off the West Coast....

https://www.freightwaves.com/news/container-ship-backlogs-off-ports-finally-winding-down-as-imports-fall

West Coast ports sink to lowest share of US imports since early 1980s

photo of a container port crane

The West Coast was the destination of choice for Asian exports in the initial stage of the COVID buying boom — before container-ship queues stymied the ports. 

Since then, volumes have been redirected to the East and Gulf Coasts due to fears of both California congestion and West Coast port labor strife. There has been a major shift in cargo flows. East and Gulf coast ports now boast significantly more imports than West Coast ports.

Best month ever for East/Gulf coast ports

Data from McCown...

https://www.freightwaves.com/news/west-coast-ports-sink-to-lowest-share-of-us-imports-since-early-1980s

US imports keep chugging along, still up double digits vs. pre-COVID

photo of Savannah, a port with heavy container import volumes

Containerized goods are still flooding into the U.S. at a near-record pace. Port throughput in August came in just under all-time highs. The pileup of waiting ships off East and Gulf Coast ports remains almost as bad as ever.

U.S imports totaled 2,529,042 twenty-foot equivalent units in August, according to Descartes. That’s down 1.8% year on year (y/y), marking the first time since July 2020 that Descartes’ monthly tally has not increased y/y.

(Chart: Descartes. Source: Descartes Datamyne)

However...

https://www.freightwaves.com/news/us-imports-keep-chugging-along-up-double-digits-vs-pre-covid

Only 8 ships waiting off Southern California — but 41 off Savannah

photo of a container ship arriving in Savannah

And then there were eight. That’s the number of container ships waiting for berths at the ports of Los Angeles and Long Beach on Monday, the lowest tally since the early stages of consumers’ COVID-era buying spree. The epic container ship traffic jam that was once a highly visible symbol of the supply chain crisis has now almost vanished.

It’s a different story for North America as a whole, however. The number of container vessels waiting offshore of all ports has remained roughly steady at an...

https://www.freightwaves.com/news/only-8-ships-waiting-off-southern-california-but-41-off-savannah

Trans-Pacific rates still sinking. Trans-Atlantic rates still peaking

a photo of a container shipping port in Bremerhaven

It’s a tale of two oceans: The price to ship containers of cargo from Asia to the U.S. across the Pacific continues to recede from record levels. In contrast, the price to ship containers across the Atlantic from Europe has risen through 2022 and is still hovering near all-time highs.

Vessel backups remain historically severe off Savannah, Georgia, New York/New Jersey and Houston, whereas conditions have dramatically improved off Los Angeles/Long Beach. Reduced congestion is a negative for spot...

https://www.freightwaves.com/news/trans-pacific-rates-still-sinking-trans-atlantic-rates-still-peaking

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