International waterborne container traffic, measured in twenty-foot equivalent units (TEUs), helps identify container traffic trends affecting ports and related intermodal freight demand.
The majority of container traffic involves manufactured goods.
Container transportation is very concentrated and competitive. The top 25 U.S. ports handle more than 90 percent of U.S. container traffic.
|U.S. International Container Traffic||Q3 00||Q3 01|
|Total Waterborne TEUs (thousands)||4,699||4,698|
|Percent change from same quarter previous year||10.75||-0.02|
NOTES: The current value is compared to the value for the same period in the previous year to account for seasonality.
A twenty-foot equivalent unit (TEU) is the total length of the container divided by 20. A 48-foot container equals 2.4 TEUs.
SOURCE: Journal of Commerce, Port Import/Export Reporting Service (PIERS) data.