Supply Chain News / Risk & Compliance / Ports

Port Strike Could Affect $30 Billion in Consumer Goods

September 5, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

What impact could a strike by the International Longshoremen’s Association have? World Trade 100 asked Zepol to examine data from the prior year peak shipping season and provide a picture of the volume and value of consumer goods moving through the ports.


We looked at the period from September through November to determine the value of shipments moving through the East Coast ports in both imports and exports. The total value of consumer goods moving through the ports was over $30 billion.


East Coast imports of consumer goods totaled $24,929,127,698. Gulf Coast imports of consumer goods totaled $945,849,862. Together, the ports handled nearly $26 billion in imports.

The two coasts handled nearly $6 billion in exports of consumer goods. The East Coast accounted for $5,113,055,639 in exports and the Gulf Coast $509,528,475. The total exports of consumer goods was $5.6 billion.


Measured on volume, by twenty-foot-equivalent units (TEUs), the East Coast received 1,765,325 TEUs of consumer goods. The Gulf Coast received 185,527 TEUs of import containers. The total was just under 2 million TEUs.


The most recent three months of data on container imports are tracking higher than the previous year at over 2 billion TEUs, though the comparison is a little skewed because the data cover June, July and August of 2012 and not the September-to-November period, which would need to rely on forecasts at this stage. With some shippers already diverting shipments or possibly expediting shipments to clear the ports before a strike, it is difficult to project the increased values of volumes that might be involved in this shipping season.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

KC SmartPort Momentum

Kansas City SmartPort Momentum 2013 focused on 3PLs, the issues facing the industry, and the role or logistics in economic development

Podcasts

 

Calculating a true landed cost for global sourcing directly correlates with the profitability of purchased goods. However, few companies can command real-time visibility in to all the costs involved for cross border movements. In this podcast, World Trade 100 and Amber Road highlight how a comprehensive global trade platform that converges both logistics and compliance costs can deliver true landed cost visibility.

 

Speaker: Hung Lee, Senior Product Manager, Amber Road

More Podcasts

THE MAGAZINE

World Trade 100 Magazine

april cover wt100 2014

2014 April

Check out the April 2014 edition of World Trade WT100, featuring articles on fueling changes for trucking plus much more!

Table Of Contents Subscribe

Supply Chain Disruptions

Which are the most common causes of disruptions in your supply chain?
View Results Poll Archive

WT100 STORE

world-class-warehousing.gif
World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Use our interactive maps to locate service providers across North America.Interactive Map

Logistics Development Partners 

IWLA Members

STAY CONNECTED