Posts Tagged ‘east coast ports’

RRs Haven’t Benefited From Intermodal Boom

March 12, 2022

An intermodal booms at East Coast ports this has not translated to increased business for railroads, Trains magazine reported on its website.

Instead truckers have cashed in on the record number of containers being handled at East Coast ports.

The magazine’s analysis said trucks have an advantage because many destinations for containers are within 500 miles of the ports, thus making them attractive to truckers, who have captured most of the business in international containers landing at East Coast ports.

Trains said that railroads see incremental gains in traffic in truck-competitive lanes close to or more than 500 miles from Eastern ports, as congestion recedes elsewhere in the supply chain or as railroad network capacities and velocities improve.

The report can be read at https://www.trains.com/trn/news-reviews/news-wire/railroads-yet-to-benefit-from-east-coast-intermodal-boom-analysis/

Container Volume Will be ‘Disastrous’ in 2nd Quarter, Expected to Pick up in 3rd Quarter

May 8, 2020

A British transportation consultant said the pace of imported containers to U.S. ports could begin picking up in the second quarter.

But that prediction is based on the premise that there is not a major resurgence of coronavirus cases.

Maritime Strategies International projects that imported container traffic will be sharply down for most of the second quarter, which it said will be “disastrous.”

Container volume from Asia to West Coast ports is expected to fall 20 percent when compared with the second quarter of 2019 but rise by 1 percent in the third quarter.

Container traffic from Europe to the East Coast westbound lane is projected to fall 14 percent in the second quarter but gain 3 percent in the third quarter.

The recovery in the third quarter from the pandemic is likely to be uneven in mainline volumes.

MSI said there will be a high degree of differentiation by region and industry.

Although consumer retail goods are a major force behind container traffic, MSI said its share of overall volume is sometimes overstated.

“Machinery, parts, semi-finished materials and chemicals all hold a significant share of the volume,” MSI said. “Industrial production will likely be an early sector to return to normal output, but again, there will be differences: Goods tied to the construction industry may return relatively soon, but auto parts—hugely important on certain trades—could well see a prolonged period of subdued demand.”