A freighter sails under the Bayonne Bridge on its way to the port of Bayonne, New Jersey, October 13, 2021.
Spencer Pratt | Getty Images News | Getty Images
The East Coast continues to dominate trade movements, with the Ports of New York and New Jersey topping the list as the nation’s busiest ports for the second consecutive month. In September 2022, he moved 35% more cargo than he did in September 2019 before the pandemic.Previous monthly data New York surpasses the West Coast for the first time It was seen as a turning point.
“There is no indication that this level of cargo will be reduced compared to the past,” said Rick Cotton, executive director of the Port of New York and New Jersey. “Overall, record levels of cargo are expected to continue.”
“The fact that the Ports of New York and New Jersey outperformed Los Angeles for a month in a row is big news,” said Josh Brazil, Vice President of Supply Chain Insights for Project44. “This shows the extent to which we are seeing serious long-term shifts among shippers to diversify supply chain routes to reduce risk.”
West coast port shipment volume
Shipments to West Coast ports from January 2019 to September 2022 are measured in Twenty Foot Equivalent Units (TEUs), a measure of freight container capacity.
Fear of strikes among West Coast dockworkers is one of the main reasons behind the coastal shift of trade to the United States.
Freight railways have Changes along with trends in port trade As the East Coast got.
“The ports of New York and New Jersey are growth engines and gateways to the world, and Norfolk Southern stands ready to support that growth,” said Mr. Norfolk Southern.
With peak season approaching, Norfolk Southern is offering new services for grain exports through the Port of New York that will connect soybean and corn farmers to this gateway, Elkins said, adding to the railroad’s Port Balance Incentive Program. added that it will help increase volumes while driving plus.improving the balance of rail vehicles between inland terminals and ports.
“We expect the East Coast trend to continue and our rail lines are ready to reach more than half of the country’s consumers and manufacturers,” he said.
Shipments of East Coast and Gulf Ports
Shipments to East Coast and Gulf Coast ports from January 2019 to September 2022 are measured in Twenty Foot Equivalent Units (TEUs), a measure of freight container capacity.
Port congestion occurred as more trade moved east. His CNBC supply chain heatmap for the US shows 11 vessels waiting in New York, with an average waiting time of 2.8 days for her. Savannah has the most ships at her 29 and her 10+ day wait. In the Gulf, Houston has her 11 vessels on standby for almost five days.
“We are seeing export containers stuck [wait] “Times are rising across the board in the US, especially in the Southeast and Gulf ports,” Brazil said. lower the rate. ”
The International Longshore and Warehouse Union and the Pacific Maritime Association have been meeting all week long to negotiate on-site supplements and safety issues that CNBC was told had to be finalized during negotiations. . The ongoing negotiations are being held at the union’s San Francisco headquarters. The issue that is still being debated is union formed in septemberAlleges that Pacific Maritime Association member SSA Marine colluded with another union to use the NLRB to circumvent the ILWU-PMA collective bargaining agreement.
When Fear of nationwide rail strike Multiple unions voted against terms negotiated by the Biden administration in September, which escalated again and sent hundreds of state, local and federal trade groups Joint Letter to President Biden The National Retail Federation, which spearheaded the letter signed by 322 groups, urged him and the government on Friday to continue working closely with railroad unions and railroads on the ratification process for the interim agreement. The letter will arrive from the Brotherhood of Railway Signalers in less than 24 hours. (BRS) union became the second union in two weeks to vote not to ratify the national interim agreement.
“Retailers, along with the larger business community, remain concerned about the ratification of interim agreements negotiated by governments, railroad unions and railways.The last thing we can do as supply chain disruptions continue is a complete shutdown of the rail freight rail system,” said Jon Gold, vice president of supply chain and customs policy for the National Retail Federation. “A rail strike would not only exacerbate the current problems facing the freight rail system, but would also have a negative impact on the economy, leading to further inflation.”
Logistics manager prepare for a possible strike Again, tell CNBC that you are still responding to inquiries from customers looking to move containerized products to trucks.
AFS Logistics CEO Tom Nightingale said: “We continue to see the most market-conscious shippers moving quickly toward contingency plans that include long-haul truckloads.”
CNBC Supply Chain Heat MaThe p data provider is Everstream Analytics, an artificial intelligence and predictive analytics company. Global freight booking platform Freightos, creator of the Freightos Baltic Dry Index. logistics provider OL USA; supply chain intelligence platform FreightWaves; Supply chain platform Blume Global. Orient Star Group, a third-party logistics provider. Global Maritime Analytics Provider Marine Traffic; Marine Visibility Data Company Project44. Shipping data company MDS Transmodal UK. Sea and air freight benchmarking and market analysis platform Geneta; Sea-Intelligence ApS, a leading provider of research and analytics; Crane Worldwide Logistics; DHL Global Forwarding; Seco Logistics, a freight logistics provider; and planets, Provider of global daily satellite imagery and geospatial solutions.
https://www.cnbc.com/2022/10/27/new-york-is-no-1-port-in-us-again-signaling-a-permanent-trade-shift.html New York leads the West as the home of America’s new #1 port.