SERVICE ALERTS
OPERATIONS UPDATES – COVID-19
WEEKLY OPERATIONS UPDATE – TUESDAY 06/14/2021
- The flow of goods into and out of U.S. ports, which reached record levels in 2020, are on pace to beat last year. Growing consumer spending, especially online, is prolonging the surge in imports that began in the second half of 2020, pushing volumes still higher. Global Port Tracker now projects imports from April through July to increase by more than 30 percent over the comparable period last year. August imports are now expected to rise 6 percent rather than decline 1.2 percent versus 2020, the second busiest month for imports last year.
- During March 2021, Port of NY/NJ import volume broke last October’s monthly record, up more than 40% from last March. The Ports of Long Beach and Los Angeles this year notched their best first quarter on record, with volume up 41% from Q1 2020. In the Midwest (Chicago and Detroit) demand remains high.
- TRAC has been managing the record increase in import volumes in three key ways: by adding equipment to pinch point locations, decreasing out-of-service inventory, and relocating equipment from safety stock and other locations. Currently, most markets have stabilized. The Mountain area (Denver) and the West (LA/LB and Oakland) continue to be areas of concern. Overall, this continues to be a very dynamic and evolving market and TRAC remains focused on turning equipment as quickly as possible to meet commercial demand and minimize import-export supply chain interruptions.
- TRAC’s field operations continue to serve customers in all markets. In addition, our office employees are equipped to seamlessly support our customers and service partners via phone or email in a secure and productive environment while working remotely.
EQUIPMENT STORAGE SOLUTIONS
TRAC is offering secure parking and storage for trucks, containers and chassis through its Service Centers across all intermodal markets. To learn more, please email: ts_sales@tracintermodal.com
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