Container traffic through U.S. mid-Atlantic and Canadian ports increased their share of North American east coast container traffic in the first quarter of 2013, at the expense of ports in the Northeast U.S., data from the individual ports indicate.
Volume through the major U.S. East Coast ports totaled 3.52 million 20-foot-equivalent units in the quarter, down 0.5 percent from 3.54 million a year earlier and up 1.6 percent from the first quarter of 2011. U.S. ports continued to dominate the market share of total traffic on the coast, with an 89.3 percent share of the market during the first quarter of 2013, down 0.4 percentage points year-over-year.
The Port of New York and New Jersey had 32 percent of the overall East Coast market, down 1.3 percentage points from the first quarter of 2012. That was a big reason for the Northeast region's market share falling 1.1 percentage point year-over-year to 33.3 percent. New York-New Jersey's volume also declined, by 3.8 percent to 1.27 million TEUs.
Boston's market share inched up 0.1 percentage point, to 1.1 percent, from a much smaller cargo base. Its volume jumped 14 percent to 44,323 TEUs.
The mid-Atlantic ports of Baltimore and Virginia experienced increases in market share and volume. Baltimore gained 0.3 percentage point to reach a 4.3 percent share while increasing its TEU volume 6.8 percent to 168,391. Virginia’s share jumped from 12.1 to 12.8 percent as volume rose 6.2 percent to 507,674 TEUs. As a result, the mid-Atlantic region’s market share rose 1 percentage point. from 16.1 percent in the first quarter of 2012 to 17.1 percent in 2013.
Southeastern U.S. ports had mixed results. The East Coast market shares of Jacksonville and Miami were flat year-over-year at 5.5 percent and 5.7 percent respectively. Jacksonville’s volume edged up 0.1 percent to 217,228 TEUs, and Miami’s rose 0.7 percent to 226,434. Georgia lost a percentage point in market share, dropping to 17.8 percent, and its container volume fell 5.2 percent to 704,972 TEUs. South Carolina rose to a 9.9 percent share of the market, up 0.6 percentage point, and increased its volume by 6.4 percent to 389,798 TEUs. South Carolina’s market share has increased 1.1 percentage point since the first quarter of 2011.
Halifax and Montreal, the major east coast Canadian ports, saw throughput volume totaling 423,911 TEUs in the quarter, up 4.3 percent year-over-year and 0.3 percent from the first quarter of 2011. The overall market share of Canada’s east coast container ports inched up 0.4 percentage point to 10.7 percent in the quarter, although their market share lags the levels seen in the first quarter of 2011, when they held a combined 10.8 percent share.
Year-over-year, Halifax increased its North American east coast market share by 0.6 percentage point to 2.9 percent; its container volume jumped 26.3 percent to 112,670 TEUs. Montreal's market share dipped 0.2 percentage points in the first quarter, down to 7.9 percent, as its volume slid roughly 2 percent to 311,241 TEUs.