Tuesday, July 19, 2011

Seattle Port Down in June, Slips Into Negative For Calendar Year

The Port of Seattle saw a sizable increase in exports handled during June, however the numbers were not enough to offset a massive drop off in import boxes, leading the port to end the month down just over 10 percent compared to June, 2010.

The port reported handling a total of 170,720 TEUs in June, a 1.2 percent decline over total numbers in May and a 10.4 percent decline compared to June of last year.

Reported import numbers for June came in at 61,471 loaded inbound TEUs for the port, a negligible 0.2 percent decline over May but a more significant 30.7 percent decline over June 2010.

On the export side, the port scored more solidly, posting 47,701 loaded outbound TEUs handled in June, a 1.3 percent drop over May but a solid 20.4 percent increase over the same month last year.

The weak June numbers pushed the port into the negative column for total boxes handled for the calendar year. The port moved a total of 1,007,138 TEUs in the January to June period, a 0.04 drop compared to the first six months of 2010.