The number of 40-foot containers available for export in Minneapolis in the week of May 8 was below zero for the fourth consecutive week, according to the U.S. Department of Agriculture's weekly Ocean Shipping Container Availability Report. Carrier data used in the report indicates 78 40-foot containers will be needed this week but are not available at this location.
During the past four weeks, unavailability in 40-foot containers has remained in the range of the upper-40s to upper-70s. Minneapolis has shown a lack of availability to meet demand for this type of cargo for seven of the past 10 weeks. In its projections for the next two weeks, the USDA expects to see a continued deficit in availability in this area.
There were an estimated 237 20-foot containers available in Minneapolis in the week of May 8, a doubling of the amount available the week before. TEU availability has been in the triple-digits for the majority of the past five weeks.
“Among the reported inland locations, Chicago, Dallas, Memphis and Columbus are expected to have the most containers available over the next three weeks,” the USDA said in its release. The full report of all locations can be found on the USDA Web site, http://www.ams.usda.gov/oscar.