2.9 million TEUs were handled by the nine top US ports in August. This represents an 8% increase on the 2.68 million TEU throughput in July, and +2.2% on August 2019.
The analysis was conducted by Lloyds List. It shows how the ports of New York-New Jersey, Charleston, Virginia, Savannah, Houston, Los Angeles, Long Beach, Oakland and Seattle-Tacoma are gradually overcoming the Coronavirus-induced crisis. This is also thanks to the trillion dollars that the Washington government has allocated to the port economy since March, in the form of subsidies to combat unemployment, tax benefits and cuts in port dues.
Imports are better than exports: in August a total of 2 million TEUs were unloaded at the nine ports, 10.4% more than in July 2019 and +8.2% compared to August 2019.
Exports, on the other hand, have recorded a modest 2.9% growth compared to the previous month. They even fell by 9.5% compared to August last year.
Translation by Giles Foster