by Calculated Threat on 10/18/2024 03:49:00 PM
Container site visitors provides us an concept concerning the quantity of products being exported and imported – and normally some hints concerning the commerce report since LA space ports deal with about 40% of the nation’s container port site visitors.
The next graphs are for inbound and outbound site visitors on the ports of Los Angeles and Lengthy Seashore in TEUs (TEUs: 20-foot equal items or 20-foot-long cargo container).
To take away the sturdy seasonal part for inbound site visitors, the primary graph reveals the rolling 12-month common.
Click on on graph for bigger picture.
On a rolling 12-month foundation, inbound site visitors elevated 1.2% in September in comparison with the rolling 12 months ending in August. Outbound site visitors decreased 0.7% in comparison with the rolling 12 months ending the earlier month.
Normally imports peak within the July to October interval as retailers import items for the Christmas vacation, after which decline sharply and backside within the Winter relying on the timing of the Chinese language New 12 months.
Imports had been up 14% YoY in September, and exports had been down 9% YoY.
This was a really sturdy August and September for imports as retailers put together for vacation procuring – and presumably to beat any enhance in tariffs.
It’s also doable some importers shifted site visitors to the West Coast ports to keep away from the doable strike (now settled).
