Global Maritime Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global Maritime Hub
No Result
View All Result

Port Tracker: 2020 retail imports may break record despite pandemic

Editor by Editor
4 years ago
Reading Time: 2 mins read
Port Tracker
Share on FacebookShare on TwitterShare on Linkedin

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

RELATED POSTS

methanol-enabled-AXEL-MAERSK

The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!

4 days ago
'large-cap'-valuation

Six public container carriers hit ‘large-cap’ valuation in May

4 days ago
US-volumes-test- tonnage-supply

US volumes test tonnage supply, uncertainty looms

4 days ago

“Nobody would have thought last spring that 2020 would be a record year for imports, but it was clearly an unpredictable year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

“Consumers and retailers once again proved their resilience in the face of unprecedented challenges. Thanks in part to government stimulus, retail sales saw strong growth during 2020 even with the pandemic, and import numbers show retailers expect the economic recovery will continue during 2021.”

With high import volumes over the past few months, ships carrying goods from Asia have backed up at West Coast ports in particular, and there have been shortages of shipping capacity and equipment including chassis and empty containers.

“With COVID-19 accelerating across the country, the pandemic is causing logistics problems beyond the congestion at the ports,” Hackett Associates Founder Ben Hackett said. “With large numbers of people infected by the virus and unable to report for work, the supply chain is potentially facing challenges to find enough workers for goods distribution.”

Port Tracker

U.S. ports covered by Global Port Tracker handled 2.11 million Twenty-Foot Equivalent Units in November, the latest month for which final numbers are available. That was up 24.5 percent year-over-year but down 4.9 percent from October’s 2.21 million TEU, which set the record for the largest number of containers handled during a single month since NRF began tracking imports in 2002. A TEU is one 20-foot container or its equivalent.

December was projected at 2.02 million TEU, up 17.3 percent year-over-year and one of only six times in nearly 20 years that the monthly total has hit the 2 million TEU mark. If the December number holds up once actual data is available, 2020 will have ended with a total of 21.9 million TEU, up 1.5 percent from 2019 and breaking the previous annual record of 21.8 million TEU set in 2018.

Imports during the last half of 2020 set a string of new records, including an all-time high of 8.3 million TEU for the July-October “peak season” when retailers rush to bring in merchandise for the winter holidays each year.

January is forecast at 1.96 million TEU, which would be up 7.7 percent from a year ago and the busiest January on record; February at 1.6 million TEU, up 6.1 percent year-over-year, and March at 1.64 million TEU, up 19 percent from March 2020, when factories in China failed to reopen after the Lunar New Year holiday because of the coronavirus. April is forecast at 1.76 million TEU, up 9.6 percent, and May at 1.86 million TEU, up 21.7 percent, both year-over-year.

Source: National Retail Federation / Hackett Associates

Tags: Hackett AssociatesNational Retail FederationPort Tracker
Editor

Editor

Related Posts

methanol-enabled-AXEL-MAERSK
Shipping Trends

The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!

4 days ago
'large-cap'-valuation
Shipping Trends

Six public container carriers hit ‘large-cap’ valuation in May

4 days ago
US-volumes-test- tonnage-supply
Shipping Trends

US volumes test tonnage supply, uncertainty looms

4 days ago
MABUX-Index-W-24
Bunker Fuel

Bunker fuel outlook, Week 24

4 days ago
Panama-Canal
Shipping Trends

Neo Sub-Panamax Container Ships cross the Panama Canal in record numbers

2 weeks ago
liner-trade
Shipping Trends

Europe-Far East remains by far the largest liner trade!

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

'large-cap'-valuation

Six public container carriers hit ‘large-cap’ valuation in May

June 12, 2025
LNG-series

ZCIS delivers first of LNG series to MSC

May 29, 2025
liner-trade

Europe-Far East remains by far the largest liner trade!

June 5, 2025

Recent Post

methanol-enabled-AXEL-MAERSK

The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!

June 12, 2025
'large-cap'-valuation

Six public container carriers hit ‘large-cap’ valuation in May

June 12, 2025
US-volumes-test- tonnage-supply

US volumes test tonnage supply, uncertainty looms

June 12, 2025
MABUX-Index-W-24

Bunker fuel outlook, Week 24

June 12, 2025
Panama-Canal

Neo Sub-Panamax Container Ships cross the Panama Canal in record numbers

June 5, 2025
liner-trade

Europe-Far East remains by far the largest liner trade!

June 5, 2025
Global-Maritime-Hub- Logo

Online platform for sharing information & analysis on trade, shipping, ports and the maritime business more info

Categories

  • Shipping Economic Trends & Regions
  • Ports & Terminals
  • Piracy & Security
  • Emissions, Fuel Technology & Environment
  • Economic Impact
  • Financing
  • Ship Building
  • Hinterland & Intermodal
  • Offshore Vessels
  • Port Environmental Impact
  • Shipping Workforce

Recent Posts

The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!

Six public container carriers hit ‘large-cap’ valuation in May

US volumes test tonnage supply, uncertainty looms

Weekly Updates

Sign up to receive our weekly newsletter (each Thursday) with new shipping industry market reports, presentations & analysis.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalMaritimeHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalMaritimeHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!