Friday, March 22, 2013

Port of Tacoma Monthly TEU Volume Surges

Containerized imports and exports through the Port of Tacoma saw double-digit growth last month, pushing container volumes up 47 percent over February 2012, according to newly-released data.
Imports posted the most dramatic increase, with a 62 percent gain year to date to 114,176 20-foot equivalent units; exports rose 41 percent to 81,567 TEUs, according to the figures.

For the year to date, port terminals have a total of nearly 300,000 containers, a 41.2 percent increase from the same two months at the beginning of 2012. Of that almost 300,000 TEUs, about 234,300 were to and from overseas destinations, a 55 percent jump from the same period last year.

Domestic container volumes, log exports, auto imports and intermodal rail lifts also posted gains in February, port data reveals.

The surge in international container volumes is being attributed by the port to shippers preparing for the Lunar New Year, when factories in several Asian countries that export to the US close their doors for one to two weeks. The holiday fell in mid-February this year.

The volumes also continue to show the addition of the Grand Alliance, which began calling at Washington United Terminals in July 2012. The Grand Alliance consists of shipping lines NYK, OOCL and Hapag-Lloyd. They moved to Tacoma last year from the rival Port of Seattle.