The labor strikes at the West Coast Ports earlier this year may have wreaked havoc on shippers, transportation companies and consumers, but there has been one winner: East Coast rivals.
The amount of so-called containerized imports coming into Atlantic ports in February came very close to matching that of the historically busier West Coast, according to the Journal of Commerce, as activity on the two U.S. coasts "almost reached parity."
The Journal of Commerce report is based on data collected by the Port Import/Export Reporting Service (PIERS), its sister company under the IHS Maritime & Trade umbrella.
"East Coast imports consistently outperformed West Coast imports from November through February in terms of year-over-year growth. Gulf Coast ports also experienced growth in imports, but the Gulf's performance comes on a much lower cargo base, with a market share of about 6 percent of total U.S. containerized imports," wrote Bill Mangelluzzo, a senior editor at JOC.