North Point of View: State of the Ports

May 31, 2023 00:14:13
North Point of View: State of the Ports
North Point of View
North Point of View: State of the Ports

May 31 2023 | 00:14:13

/

Show Notes

In this episode, Mark Hall and Dr. Walter Kemmsies discuss the state of the ports in the US. In August 2020, Top 10 port authorities around the country started to handle over 2 million imported containers (TUE) a month. That trend continue to 25 consecutive months of peak season import volumes. The trucking industries and trains were stretched to the limit and unable to handle the volumes. Since August of 2022, we’re seeing a decline. Minus one percent in September. By March its down by 30 percent. Water’s been choppy but stabilization is on the horizon. A few months ago, for the first time in decades, New York and New Jersey surpass Long Beach volume. Tune in for more.

Other Episodes

Episode 24

November 22, 2021 00:09:06
Episode Cover

Consumer Demand & Low Inventory

Dr. Walter Kemmsies and Mark Hall discuss the ongoing shipping crisis. With unprecedented consumer demand and incongruently low inventory levels it is driving up...

Listen

Episode

October 18, 2023 00:11:31
Episode Cover

North Point of View: Is Today's China Yesterday's Japan?

Japan's recession during the 90's lasted over two decades and the stock market was flat for literally 20 plus years. It is considered one...

Listen

Episode 16

July 09, 2021 00:10:00
Episode Cover

Infrastructure Spending & Economic Growth

Frick and Frack discuss infrastructure spending and the impact on economic growth in Episode 16. For more information on North Point and The Kemmsies...

Listen