NWSA YTD November TEU volumes down 9.5%
Total container volume for the month decreased 24.1% to 247,034 twenty-foot equivalent units (TEUs), with November full imports and exports declining 31.1% and 17.5%, respectively. Year-to-date volumes declined 9.5% to 3,152,217 TEUs, with full imports and exports declining 14.2% and 21.8%, respectively. The early arrival of holiday-related goods led to weaker than normal import peak-season volumes, and void sailings by ocean carriers contributed to the YoY volume declines. Exporters continue to face headwinds from a strong dollar, ongoing tariffs in key markets, and lower vessel capacity from voided sailings.
The Mid-Willamette Valley Intermodal Center opened in mid-December in Millersburg, Oregon. The new inland rail facility provides a critical link for agricultural exports from the area to international container terminals in Seattle and Tacoma. Approximately 81% of exported agricultural products from the Mid-Willamette Valley are loaded onto vessels in the NWSA gateway, and the facility will provide ag shippers a cost-effective option to get their goods to market.
Domestic container volumes decreased 0.1% compared to YTD November 2021. Alaska volumes increased 1% while Hawaii volumes declined 4.8%.
- YTD November breakbulk cargo volumes grew 33.4% for 448,126 metric tons.
- Auto volumes were 150,859 units, up 2.9% over YTD November 2021.
View the November 2022 cargo reports: