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Asian Volumes Still Switching to Canadian Ports From U.S. Hubs as Fears Grow Over Rates

Posted December 18, 2017

Under Economic Issues, International Trade Issues

(Mike Wackett – The Loadstar)

Growth at US west coast ports has been overshadowed by increases for the Canadian hubs of Vancouver and Prince Rupert and, to a lesser extent, by east coast ports.

Drewry’s 10-month analysis of the Asia-North American headhaul trade reports that between January and October US west coast imports increased 1.4% year-on-year, while east coast ports recorded a 6.6% volume rise.

However, the Canadian berths saw a massive 18% hike in Asian imports as the US terminals faced an “uphill struggle” to “limit the seepage”, said Drewry. Click here to read more.