b'8American Journal of Transportation ajot.comWan Hai Lines expands directYear-to-Date Container Totalsservice from Asia to the PortYTD Import TEUs Export TEUs Total TEUs Total Rail Loads Empties Loads Empties Loads Empties Total Liftsof New York and New Jersey YTD August 21 3,034,841 17,290 914,296 1,968,237 3,949,137 1,985,527 5,934,664 482,642Wan Hai Lines, a Taiwan- independent service to the U.S.YTD August 20 2,401,697 14,993 865,419 1,379,344 3,267,116 1,394,337 4,661,453 451,782basedoceancontainercar- EastCoastfrom Taipei.Nine% Change 26.40% 15.30% 5.60% 42.70% 20.90% 42.40% 27.30% 6.80%rierthathaspredominatelyother Panamax Class containerMonthly Container Totals for Port of NY/NJserved the intra-Asia marketvessels with a capacity of 2,800 since its entry into containerto 4,000 TEUs will rotate alongAugust Import TEUs Export TEUs Total TEUs Total Rail shipping in 1976, is expand- thisnewroutebetweenAsiaLoads Empties Loads Empties Loads Empties Total LiftsingitsservicetotheU.S.and the East Coast. 2021 399,716 1,688 103,886 275,492 503,602 277,180 780,782 58,931EastCoast.ThefirstshipThe new service between arrivedatGlobalContainerAsia and the U.S. East Coast2020 366,887 1,981 103,067 216,430 469,954 218,411 688,365 64,892TerminalsGCTNewYorkoriginatesfromTaipei,call- % Change 8.90% -14.80% 0.80% 27.30% 7.20% 26.90% 13.40% -9.20%in the Port of New York anding at Xiamen, Shekou, and New Jersey on July 30, 2021.Cai Mep before calling at the(SPIKEcontinued frominvesting in new equipmentbeen seen at home, the same TheadditionofthisservicePort of New York and Newpage 6) andimplementinghigheris not reflected in some other providesbettertransittimeJersey. ThisisthefirstnewPort Authority projectionslevelsofterminaldensifi- regions of the globe. With the and service coverage to meetserviceofWanHaiLinesshowtheportwillhandleacation.Wedonthavethevirus raging in Southeast Asia, growing consumer demand. to the U.S. East Coast. Wanrecord8.9millionTEUsthisluxuryoftimegiventhe80% of production facilities in CAPEMAYOR,wastheHai has been calling the U.S.year, after which volumes willgrowth weve seen, he said. Vietnam are currently locked firstshipofWanHaiLinesWest Coast for over 20 years.decrease to 8.4 million TEUs inAs the port landlord, thedown and are not expected to 2022 and 8.2 million in 2023,Port Authoritys responsibili- comebackonlineuntilmid-beforeproceedingonamoreties include projecting trends,January.Asimportersfear normalizedgrowthpattern.planningaccordingly,andfurtherwavesofproduction Volumes are projected to growsharingitsconclusionswithshutdowns,theywillcon-by5.8%between2023andterminaloperators.They,intinue to accumulate inventory, 2025, to 8.7 million TEUs. turn, may have some requestsexacerbatingthesituationat ofthePortAuthority,suchU.S. ports and worsening sup-m asterp lana djustments as preemptively lengtheningply-chain headaches.The Port Authority has beenthe terms of their leases soBesides all that, weather-working off a 30-year masterthattheycanamortizenewrelated disruptions and spikes plan, published in 2019.Butcapital commitments over ain labor and energy costs will recentdevelopmentshaslonger period. alsoprovidetheirshareof changedtheplanninghori- Perhaps the only certaintybumps along the road, said zon,saidRuda,sowellfacing the port at this point isRuda. Given the quantity of needterminaloperatorstouncertainty.TheCOVID-19volumes in the supply chain accelerate the next tranche ofpandemic is still far from over,right now, small events will A Wan Hai vessel being unloaded at GCT New York. capacity growth, to includeand, even if some progress hashave big impacts, he added.Bulk. Breakbulk. And so much more.Fairless Hills, PA - Palm Beach - Port Canaveral - Port Everglades - Port Manatee - Wilmington, DEportcontractors.com 1-800-792-PORT'