Posted on March 27, 2023
As anticipated, US container imports in February were massively down from the highs of the previous year, with US west coast ports in particular suffering a huge 37% drop.
According to the McCown report, which covers the top ten US container ports, import throughput last month fell a record 28%, to 1,454,438 teu, the lowest level since March 2020, as extremely weak demand was exacerbated by the Chinese New Year falling ten days earlier than last year.
Meanwhile, imports at US east and Gulf coast ports declined 18.7%, to 809,375 teu, with only the port of Houston recording an increase, 12.7% year on year, to 141,946 teu.
The west coast ports were also impacted by the continued coastal shift to the east and the unresolved west coast labour situation. The port of Los Angeles saw a startling 41.2% collapse in container imports, to 249,407 teu, demoting it to third in the import rankings behind New York/New Jersey, with 280,652 teu, and San Pedro Bay neighbour Long Beach’s 254,970 teu.