Analysts Forecast Strong Import Volume For End of 2012

Despite the looming possibility of East Coast port closures, U.S. containerized imports are expected to rise 8.5 percent this month and remain high through the end of the year. September is forecasted to bring 1.49 million TEUs, which is over a 7 percent increase from the prior year. October is predicted to bring in 1.48 million TEUs, up 11.7 percent; November at 1.32 million TEUs, up 1.9 percent; and December at 1.25 million TEUs, up 2.7 percent from the year before. However, January 2013 is only anticipated to bring 1.23 million TEUs, down 3.8 percent from January 2012.

The first half of 2012 brought in 7.7 million TEUS, up 3 percent from the same period in 2011. This past August is expected to bring in 1.43 million TEUs, up 4.4 percent from the last year.