At a global level, based on trade data available in mid-November (including from the US, China and Brazil), container volumes can be expected to grow by 5% in 2014 compared with a year earlier.
This is consistent with the traffic reported by the major lines, thanks largely to information available in the first nine months of the year. The underlying global volume for the third quarter of 2013 was 25% above the level of five years earlier,
The marine terminals at New York/New Jersey will be closed today as a massive winter storm pounds the Northeast.
The National Weather Service has reported that 21 inches of snow has fallen just North of Boston, with parts of Upstate New York having 18 inches.