WASHINGTON: U.S. West Coast ports increased their market share in 2016 indicating losses to East Coast and Gulf ports are being reversed. According to the PMSA’s (Pacific Merchant Shipping Association) West Coast Trade Report the year 2016 saw: “U.S. West Coast (USWC) ports increase their collective share of containerized trade through seaports on the U.S. mainland. Outbound or inbound, value or weight, the Pacific ports gained market share last year.” The PMSA report said the USWC containerized import market share by value rose “from 47.4% in 2015 to 49.2% in 2016.” The USWC share by weight in 2016 “jumped from 39.4 % in 2015 to 40.2% in 2016.” On the export side, the USWC share “rose from 31.7% in 2015 to 34.5% in 2016. Also increasing was the USWC share of the declared weight of containerized exports from mainland ports, from 35.4% in 2015 to 39.6% in 2016.”
The pace continued in December 2016, “December saw no slackening in import container traffic along the U.S. West Coast. To be sure, the number of inbound loaded TEUs at the Port of Long Beach did fall by 8.2% in December from the same month a year earlier, but that was more than balanced by the hefty 22.7% year over-year increase at the Port of Los Angeles. That left the nation’s largest maritime complex with a combined 7.8% year-over-year gain for the month.”
