NWSA May TEU volumes down 2%
NWSA volumes continue to be impacted by ongoing Covid-related lockdowns at key origin ports in China. May 2021 was a record month for full imports, making for unfavorable year-over-year comparisons. May volumes decreased 2% to 329,740 twenty-foot equivalent units (TEUs), with full imports declining 10.1% and full exports declining 28.3% year-over-year.
YTD import volumes are tracking ahead of pre-Covid levels and YTD averages, while laden exports continue to struggle from reduced service capacity. Year-to-date volumes declined 2.5% to 1,497,609 TEUs, with full imports and exports declining 5.1% and 27%, respectively.
Domestic volumes increased 3.3% compared to YTD May 2021. Alaska volumes increased 3.4% while Hawaii volumes grew 3%.
UWL, in partnership with Swire Shipping, has linked a dedicated barge service from Phnom Pehn, Cambodia, to its express ocean transportation service between Ho Chi Minh, Vietnam, and Seattle. The service offers the fastest transit time, 25 days, to the U.S. West coast from Cambodia.
- YTD May breakbulk cargo volumes grew 25.1% for 173,798 metric tons.
- Auto volumes were 61,001 units, down 20% over YTD May 2021.
View the May 2022 cargo reports: