US port import volumes set to plunge as tariffs chunk

Might US port site visitors actually crash this yr?

The most recent International Port Tracker report from the Nationwide Retail Federation and Hackett Associates is topic to no matter tariff regime guidelines the day however it’s a helpful view on how lengthy it should take for tariff results to actually hit commerce.

The numbers present a short-term bump forward of a speedy plunge.

Their knowledge reveals that February noticed 2.06 million TEUs dealt with (up 5.2% year-over-year), and March is projected at 2.14 million TEUs (up 11.1% year-over-year), the outlook darkens considerably from Might onward (TEU stands for “Twenty-foot Equal Unit,” which is the usual unit of measurement used within the delivery business to quantify cargo capability or quantity):

• Might: Anticipated to fall to 1.66 million TEUs (-20.5% y/y ), ending 19 consecutive months of progress
• June: Projected at 1.57 million TEUs (-26.6% y/y), the bottom quantity since February 2023
• July: Forecast at 1.69 million TEUs (-27% y/y)
• August: Anticipated to be 1.7 million TEUs (-26.eight% y/y)

These are catastrophic numbers for the delivery business they usually forecast a 15% general drop in 2025 cargo volumes, although these numbers had been earlier than the newest U-turn on electronics tariffs.

For me, the takeaway right here is that we should wait till Might to see commerce as an actual headwind to

This text was written by Adam Button at www.ubaidahsan.com.



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