Twenty-Foot Equivalent

By Jeff Berman · July 8, 2022
For May, the most recent month for which data is available, import volume—at 2.4 million TEU (Twenty-Foot Equivalent Units)—increased 6% compared to April and was up 2.7% annually. What’s more, this tally represents a new monthly import record, going back to when NRF initially began tracking imports, coming in ahead of the previous record, of 2.34 million TEU, set in March.
By Jeff Berman · January 27, 2022
Total 2021 POLA volume—at 10,677,609 TEU (Twenty-Foot Equivalent Units)—increased 1,464,213 TEU, or 15.89%, annually, topping 2020 by 13%, and setting a new annual record, too, topping the previous high set in 2018. POLB reported that calendar year 2021 volume—at 9,384,368 TEU—was up 15.7% annually, setting a new annual record, topping the previous record of more than 8.11 million TEU set in 2020.
By Jeff Berman · June 7, 2021
For April, the most recent month for which data is available, import volume came in at 2.15 million TEU (Twenty-Foot Equivalent Units), marking a 33.4% annual gain, for its best April reading ever, compared to April 2020, when the majority of stores were closed, due to the pandemic. This came on the heels of March’s 2.27 million TEU, the record-high for any month, going back to when NRF first started tracking imports.
By Jeff Berman · March 29, 2021
Various media reports have indicated that the 20,000 TEU (Twenty-Foot Equivalent) vessel Ever Given, which last week ran aground and was tapped in the Suez Canal, is now moving again.
By Jeff Berman · February 18, 2021
Total POLA volume—at 835,516 TEU (Twenty-Foot Equivalent Units)—saw a 3.6% annual increase, and total POLB volume came in at 764,006 TEU, for a 21.9% annual increase.
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From the January 2023 Logistics Management Magazine Issue
Our annual gathering of freight transportation industry analysts reveals some common themes, largely around the notion that rates are not likely to increase much—if at all—in some modes and will continue declining in others. Does this mean things are stabilizing?
LM Viewpoint on the 2023 Rate Outlook: Will shippers catch a break?
Global Labor Rates: China is no longer a low-cost country
View More From this Issue
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