Insights - July 2016 - (Page 13)
2014-2016 YEARLY TRAFFIC TOTALS BY MONTH
Source: IANA Equipment Type, Size and Ownership data file
Effective January 2016, IANA data and statistics products began providing a more
comprehensive picture of North America's intermodal business through coverage
that includes movements into, out of and within Mexico.
For more information, visit www.intermodal.org or contact Art Cleaver at 301-982-3400, ext. 346.
Imports Rise in March,
Inventories Still High
According to the June 7 Global
Port Tracker report released by
the National Retail Federation and
Hackett Associates, the nation's top
containerports handled 1.44 million
TEUs in April 2016, the latest month
for which after-the-fact numbers are
available. That was up 9.1 percent from
March but down 4.6 percent in April
"The unusual patterns seen last year
in the aftermath of the West Coast ports
slowdown are continuing to make valid
year-over-year comparisons difficult,"
NRF Vice President for Supply Chain
and Customs Policy Jonathan Gold said.
"Retailers are balancing imports with
existing inventories but consumers can
expect to see plenty of merchandise on
the shelves for both back-to-school and
May was estimated at 1.54 million
TEU, down 4.2 percent from the same
month last year. The first half of 2016 is
expected to total 8.9 million TEU, up 0.3
percent from the same period in 2015.
Total volume for 2015 was 18.2 million
TEU, up 5.4 percent from 2014.
"Our port models are projecting
weak imports in volume terms, not
to be confused with the dollar value,"
Hackett Associates Founder Ben
Hackett said. "Inventories remain
very high, pointing to an overstocked
situation that will depress the volume
of imports in the coming peak season.
Unless inventories drop through further
increased consumer spending, import
growth will remain sparse."
Global Port Tracker covers the U.S.
ports of Los Angeles/Long Beach,
Oakland, Seattle and Tacoma on the
West Coast; New York/New Jersey,
Hampton Roads, Charleston, Savannah,
Port Everglades and Miami on the East
Coast; and Houston on the Gulf Coast.
Fall in May
Total intermodal volumes fell 6.5
percent in May relative to the same
period last year. While domestic container shipments did gain 3.0 percent,
intermodal trailer and international volumes fell 31.2 percent and 9.3 percent
respectively. Total year-to-date growth
was -1.9 percent.
For information on subscribing to
IANA's Intermodal Market Trends & Statistics Report, which includes expanded
information on Mexican intermodal
movements as of January 2016, go to
Drops Again in April
American Trucking Associations'
seasonally adjusted For-Hire Truck
Tonnage Index decreased 2.1 percent
in April, following a 4.4 percent drop
In April, the index equaled
134.8, based on ATA's convention of
2000=100, down from 137.6 in March.
February's level is an all-time high.
July 2016 | Intermodal Insights 13
Table of Contents for the Digital Edition of Insights - July 2016
Insights - July 2016
Restart Legislation Gets a Restart
Speed Limter Rule May Advance
Industry Gets Closer to SOLAS Compliance
DOC Delays Tire Duty Decision
Changes Proposed to IANA Bylaws
Information Services News
Inspection Metrics Report
Early Recognition and Support Helped Intermodal Grow
Taking It to the Street
State Legislative Update
People in the News
Intermodal EXPO 2016 Education Session by Stakeholder Interest
Intermodal EXPO 2016 Education Session Descriptions
Welcome New Members
Insights - July 2016