Container throughput at the Port of Baltimore surged by 21.7 percent in August to 57, 510 20-foot equivalent units, compared to the 47,259 TEUs in the same month last year when trade was severely impacted by the recession.
Although the volume of containers handled by the port was down .09 percent sequentially from the record volume of 63,740 TEUs in July of this year, it was still the second strongest month for container volume in the port’s history.
By The Numbers: Cass Freight Index.
Maryland Gov. Martin O’Malley attributed the strong volume to rising consumer demand for imports and strong exports. “These are all very favorable signs as we continue to recover from an extremely challenging economic decline,” he said.
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