FourKites saw a spike in load count beginning the week of August 23. That week, the load count was approximately twice the usual load count. The growth continued into the week of Oct 4 with the highest recorded load count at 5x larger than the weekly average shipments at this location in 2021.
Port of LA
Port of LA saw a similar pattern in increased load volume, beginning the week of August 23 with 3X the average volume, and has remained above average since that time.
Commentary from Glenn Koepke, SVP of Customer Success at FourKites: We anticipate volume increasing significantly to LA/LB through the 2nd week of December as smaller shippers and last minute product buys are being pushed through. In the event that volume doesn’t meet the distribution center receive-date requirements to hit shelves on time, or to fulfill e-commerce orders, any excess stock will lead to post-holiday sales that will be larger than any year we have seen before.
Port of Seattle
During the time of the extensive berthing delays at the Ports of Los Angeles and Long Beach, the Port of Seattle saw a dramatic increase, with FourKites tracking 8X the average import volume the week of Sept. 20.
Commentary from Glenn Koepke, SVP of Customer Success at FourKites: LA/Long Beach have seen ongoing delays and constraints over the last few months. Carriers and shippers are shifting some cargo routes in an effort to reduce the traffic coming into LA/LB, and thereby reduce the overall transit time. However, while many shippers have changed routing from LA/LB to alternative East Coast ports, the volumes that shifted haven’t been statistically significant to impact the major East Coast port operations at this time. The additional lead time, cost and where product ultimately is routed into the US are major points of decision for shippers and beneficial cargo owners (BCOs) on the transpacific eastbound route (Asia to US).
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