TEL: (516) 822-1183

Tag Archive for: east coast ports

Is the Port of New York – New Jersey Bound For Long Term Traffic Growth?

/in /by

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?

New Survey Results: Joc.Com States That 65 Percent Of Shippers Plan To Divert From West Coast Ports

/in /by

138 shippers were surveyed by joc.om. The results: “they plan to ship less cargo through U.S. West Coast ports.” Many say they plan to divert shipments away from West Coast Ports following congestion issues and shutdowns. With long delays impacting business supply chains, many shippers say that they have no choice but to find alternative routes. The risks are too high. Some shippers in the agricultural sector do not have a choice though and they will need to continue to use the ports.

Who will benefit from this?

“U.S. East Coast ports are poised to be the biggest beneficiaries of the surveyed shippers’ frustration with West Coast congestion, as 38.8 percent of those planning to reroute cargo say they will send the freight to the opposing coast. “

How will local production be impacted?

According to the article on joc.com (link is below) port congestion may prompt more shippers to source products “closer to the United States or within the country itself, as they face a “cycle” of potential disruptions.”

 

Full Article: http://www.joc.com/maritime-news/trade-lanes/65-percent-shippers-surveyed-say-they%E2%80%99ll-divert-west-coast_20150225.html?mgs1=ec23jlfyfc