According to an Editor’s Note from source Joc(dot)com, congested marine terminals out west may be linked to a 7.8% jump (year over year) for the month of January 2015. This was a record month for container traffic at the Port of New York – New Jersey. The East Cost plus Gulf Ports have experienced an increase in five percent volume in 2014 over the prior year, while West Coast ports grew by as little as one percent.
Are shipping diversions going to continue long term?