![]() Consumer Confidence index fell several points in November from October, and that National Retail Federation data indicated sales were down 11%, or 6 million shoppers short, at the start of the Christmas spending season compared to a year earlier. economic outlook looks brighter all the time, and plunging energy prices are providing a strong spur to consumer spending.īut Drewry cautions that it may not yet signal that “the boom times are back” for carriers, placing the surge against a backdrop of a decline in consumer spending and the ongoing port congestion on the U.S. The peak season for the American market continued into October with Far Eastern goods bound for the States totaling again above 900,000 TEUs. On a 12-month rolling average basis, the eastbound WCNA growth rate has steadied at 5.2% for the third consecutive month. Only the Canadian trade lane remained subdued with loads scarcely any higher than a year ago. ports surpassed the 900,000-TEU threshold for the first time ever, and the Mexican market remained strong with a rise of 17.5%. ![]() The Asia-West Coast of North America (WCNA) headhaul leg has enjoyed an extremely strong peak season, hitting in September an all-time record of 1.1 million twenty-foot-equivalent units (TEUs) for a year-on-year rise of 5.1%.ĭrewry Maritime Research in its latest analysis said Asian boxes pouring into the U.S.
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