Despite the uncertainties of a trade war with China, Donald Trump is scheduled to sign a “Phase One” partial trade deal
According to the Global Port Tracker report, volume at the nation’s major retail container ports will likely return to its usual seasonal patterns during the first months of 2020.
Covered by Global Port Tracker US ports handled 1.67 million Twenty-Foot Equivalent Units (TEU) in November 2019. That was down 11.2% compared to October and 7.5% year-over-year. Compared to December 2018, last year was estimated at 1.7 million TEU, down 13.4%.
January is forecast at 1.8 million TEU, down 5% from January 2019. At the same time, February is forecast to be down at 1.54 million TEU, whereas March is expected to be up at 1.7 million TEU. April is forecast at 1.78 million TEU, up 2.1% year-over-year, and May at 1.87 million TEU as summer merchandise arrives.