(Bill Mongelluzzo – Journal of Commerce)
Port congestion and labor issues took a toll on West Coast port volumes in 2014, as West Coast ports lost market share and East Coast ports gained market share, according to a report by CBRE Americas Research.
However, in terms of total container traffic by individual gateway, West Coast ports continued to dominate the port rankings, according to CBRE’s North America Ports Logistics Annual Report. Los Angeles, Long Beach, New York-New Jersey, the Seattle-Tacoma Seaport Alliance and Oakland were in the top positions, the report stated.
Total U.S. container volume in 2014 increased 4.5%. However, container volume at East Coast ports increased 7.6% while the volume at West Coast ports increased 3.2%. CBRE cited specifically Savannah, which registered growth of 10.3%, and Charleston, which increased 11.9%, as two of the fastest-growing container ports. Click here to read more.