Sep 29, 201704:59 PMBlog
More ‘boxes’ across the docks
Northwest Seaport Alliance’s total year-to-date container volumes through August were up 5 percent, while the monthly volumes last month are 6 percent higher than were recorded in August 2016.
No specific statistical break-outs are provided by the Alliance to be able to compare Port of Tacoma shipments or Seattle cargo data with similar results prior to the administrative combination of the two maritime shipping magnates into one Alliance entity.
Year to date, import volumes were up 5 percent to 922,886 TEUs, the fourth-highest on record. Meanwhile, full exports were down 1 percent. Total international container volume, including empties, increased 9 percent year to date to the highest YTD volume through August since 2007.
Alaska shipments year-to-date were down 7 percent and are expected to end the year 8 percent lower than 2016 due to soft market conditions. Hawaii volumes through the Pacific Northwest are down 2 percent year-to-date due to diversion through Southern California ports.
Driven by consistent demand from China, log volumes continue to grow. They are up 101 percent year to date compared with the same period last year. Breakbulk cargo volume was down 3 percent due to soft market conditions.
Auto shipments, at 96,962 units year to date, are down 19 percent compared to the same period last year, reflecting weakening U.S. demand and shifting manufacturing locations.