According to the Georgia Ports Authority (GPA), Fall shipping season has been extremely profitable for U.S. ports on the East and Gulf coasts. Ship berthing time has gone down, new and expanding businesses are utilizing the anchorages, and increased capacities coming online next year have added to the attractiveness of greater efficiency. GPA recently reported that East and Gulf ports’ freight movement went up in October by roughly 9.6%, whereas the Port of Long Beach, California saw a decrease for the month by 16.6%. These are the lowest numbers seen by the West coast ports since the global financial crisis of 2009. While these numbers may seem disappointing, workers at West coast ports are relieved that imports are slowing after a hectic two years of trying to keep up with import demand. A recent article published by Freight Waves delves deeper into the nuances surrounding the power shift between coastal ports.
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