Unprecedented disruption’ to supply chain slams US port volumes
Unprecedented disruption’ to supply chain slams US port volumes
April 15,2020–Freightwaves.com
Northwest Seaport Alliance (NWSA) Chief Executive Officer John Wolfe said during a press conference Wednesday he expects second-quarter volumes will be soft as the “unprecedented disruption” to the global supply chain continues and container shipping lines cancel more sailings. The NWSA, which operates the ports of Seattle and Tacoma, Washington, said it handled 264,133 twenty-foot equivalent units (TEUs) in March. Full imports in March declined 28.2%, while full exports decreased by 8.6% year-over-year.
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