SERVICE ALERTS
OPERATIONS UPDATES – COVID-19
WEEKLY OPERATIONS UPDATE – MONDAY 01/11/2021
- As the economy and import volume has rebounded, TRAC Intermodal has been extremely responsive, aggressively adding incremental fleet along with reducing out-of-service inventories. TRAC continues to focus on key pinch point markets, particularly after the recent back-to-back four-day holiday weekends. In the Northeast (Baltimore and NY/NJ) and the Midwest (Chicago, Cincinnati, Cleveland, Detroit and Pittsburgh), for instance, demand remains high – resulting in ongoing issues around tight capacity. The Mountain area (Denver and Omaha) and the West (LA/LB and Oakland) are also areas of concern. 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.
- The flow of goods into and out of the U.S. ports reached historic levels late last year. Both Port of Los Angeles and Port of Long Beach had a record breaking September, processing 13.3% and 12.5% more volume respectively. The NY/NJ port set a monthly container record in August with 688,365 twenty-foot equivalent units (TEUs). It then broke that record in September by handling 720,969 TEUs, a 15.4% year-over-year increase.
- Port officials attribute the record months to both replenishment of warehouse and distribution center inventories along with retailers prepping for year-end holidays. However, uncertainty remains in international trade and the national economy, given the anticipated fall COVID-19 surge.
- 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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