Empty Heart of U.S. Container Growth Soon to Skip a Beat — Panjiva


Empty Heart of U.S. Container Growth Soon to Skip a Beat

Corp - Ports 670 Mode - Containerized 1017 Mode - Seaborne 1286 U.S. 3362

Container handling through the 10 largest U.S. seaports has been flattered in the past six months by the clearance of empty containers resulting from an earlier surge in traffic from China. The 10 largest seaports handling 10.95 million TEUs of empty containers in 2018. The normal seasonal decline from September through April has yet to emerge. There was a 16.5% year over year increase in empty container handling in 1Q. As handling patterns normalize the ports which are most likely to see a rapid drop in throughput of empty containers are Seattle / Tacoma followed by Houston and Los Ange...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.