NWSA TEU Volumes Up 5% YTD April
Auto Units Up 11.6%
Voyage consistency and increased vessel calls continue to drive strong container volumes in the gateway. Full international exports continued an eight-month growth streak, increasing 15.6% over April 2023. Full international imports increased 13.5%, with total international volumes increasing 12.7%. April container volumes reached 258,688 twenty-foot equivalent units (TEUs), growing 11.3% over April 2023.
Year-to-date, volumes are up 5% to 958,069 TEUs over last year, with full imports increasing 7.7% and full exports growing 15%.
Phase 2 of the Terminal 5 Modernization Project is complete. Construction—financed by a joint investment of over half a billion dollars from the NWSA, SSA Terminals, and Terminal Investment Ltd—began in July 2019. Terminal 5 now has 185-acres of cargo capacity and can handle ultra-large vessels. The project included two reconfigured berths with six state-of-the-art super-post Panamax cranes to enhance operational efficiency. On-dock rail at Terminal 5 benefits agriculture exporters while also reducing truck traffic. Additional refrigerated plug-ins are coming in the future.
Domestic container volume increased 3.3% YTD 2024 compared to YTD 2023. Alaska volumes increased 6.6%, and Hawaii volumes decreased 11.1%.
Other cargo stats:
- Total breakbulk volume increased 28.2% for 169,001 metric tons YTD.
- Auto volumes were 120,761 units, up 11.6%. Consumer demand for automobiles continues to contribute to strong volumes.
View the April 2024 cargo reports: