THE Port of New York & New Jersey is close to surpassing Los Angeles as the top seaport in the United States by cargo volume, reports London's Loadstar.
Having already outstripped Long Beach as a bigger US import container hub, the continuing shift is caused by the movement of cargo from the American west coast to east coast.
According to the latest data compiled by Blue Alpha Capital, NY&NJ saw imports jump 15 per cent year on year in December, to 411,924 TEU, while at Los Angeles volumes decreased by 9.3 per cent, to 417,794 TEU.
NY&NJ's ascendancy in the port rankings is even more impressive compared with pre-Covid levels - volumes increased 43 per cent, compared with December 2019.
Seven consecutive months of a shift of imports from the US west coast saw facilities in the east record import growth of 16.3 per cent in December, to 1,077,234 TEU, while the ports on the west coast suffered an 11.7 per cent decrease, to 952,777 TEU.
Last month, there were, on average, nearly 100 vessels waiting to berth at the Los Angeles and Long Beach terminals, laden with an estimated 500,000 TEU of cargo.
Although the average delay is said to be 18 days, some ships have waited more than a month to discharge cargo, throwing the supply chain into disarray and accelerating the coastal shift to the less-congested hubs on the east coast.
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