Top 30 U.S. Ports: Big ports got BIGGER in 2020

摘要

The rapid re-emergence of China from initial lockdowns combined with a surge in consumer durables demand and transport of medical supplies in the final quarter of last year meant total inbound handling at Top 30 U.S. ports reached 2.93 million twenty-foot equivalent units (TEU), up by 1.7% year over year according to data from global trade intelligence firm Panjiva.The largest ports also experienced the fastest growth, with imports to Newark/ New York and Long Beach up by 8.1% and 8% respectively year-over-year in 2020. Meanwhile, Savannah and Houston saw volumes increase by 3.4% and 2.2% through a mixture of investment in new facilities and successfully managing heavy weather conditions.However, not all ports shared in the bounty, as imports to Seattle and Ta-coma trended down by 3.4% and 2.8% respectively, while the smaller southern ports of New Orleans and Jacksonville fell by 16% and 10.1% respectively.