Friday, December 19, 2014

Tacoma Monthly Volumes Drop Sharply

By Mark Edward Nero

The Port of Tacoma says that productivity issues plaguing it and other US West Coast ports the past few months resulted in Tacoma’s container volumes to drop eight percent in November compared to the same month in 2013.

It marked the end of eight consecutive months of growth at the port, according to data released Dec. 18.

Tacoma handled 140,218 TEUs in November, bringing calendar year-to-date volumes to 1.9 million TEUs. For the year, Tacoma’s container volumes are up 9.3 percent.

Tacoma says that grain exports experienced a bumper crop this year and are returning to normal following last year’s historic lows. Grain exports are up 53 percent year to date to 3.9 million short tons according to data.

Auto imports, intermodal lifts and breakbulk cargo also posted gains, while log exports continued to decline, something the port says reflects decreased demand in China.

Although full containerized imports have grown 12.8 percent year to date through November to 713,047 TEUs, most of those gains occurred earlier in the year. Exports for the year have increased 4.2 percent to 496,686 TEUs, and domestic volumes have improved 3.8 percent to 426,816 TEUs, port numbers state.