There were 143 40-foot containers available to handle U.S. exports in Minneapolis in the week of Aug. 21, the third straight week with FEU availability following 11 weeks of deficits, according to the U.S. Department of Agriculture's weekly Ocean Shipping Container Availability Report.
The past three weeks have seen the first triple-digit surplus volumes since late February.
Although FEUs are available this week, volume slipped 45 percent from last week’s projected volume of 263 FEUs. OSCAR’s report projects available container capacity at the key inland location will decline and ultimately fall back below zero, predicting 37 FEUs available for next week and a deficit of 98 the following week.
Carrier data used in the report indicates that 215 20-foot containers will be available this week in Minneapolis, the fifth consecutive week of increases among 20-foot containers and the seventh consecutive week with TEUs available.
“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 at www.ams.usda.gov/oscar.