WASHINGTON - Import cargo volume at the nation’s major retail container ports is returning to normal levels as officials prepare to count votes on ratification of a new West Coast labor agreement that ended months of uncertainty, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Dockworkers and management made a massive push to clear the backlog of cargo over the past several weeks and West Coast ports are getting back to normal despite concerns such as the Teamster picketing seen in Los Angeles and Long Beach earlier this month,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We hope to see this month’s ratification vote go smoothly and then settle into a long period of efficient, dependable operations before we have to think about contract talks again. But there are still plenty of other issues impacting congestion that the ports need to work through.” The Pacific Maritime Association and the International Longshore and Warehouse Union tentatively agreed on a five-year contract in February. While ILWU leadership has recommended that members vote for ratification, votes won’t be counted until May 22. The lack of a contract and operational issues led to crisis-level congestion at West Coast ports after the previous agreement expired last July. Ports covered by Global Port Tracker handled a record-high 1.73 million Twenty-Foot Equivalent Units in March, the latest month for which after-the-fact numbers are available. Driven up by a sudden surge of backlogged cargo from vessels that were sitting at anchor waiting to be discharged after the labor dispute ended, the number was up 44.9 percent from February and 33.1 percent from March 2014. One TEU is one 20-foot-long cargo container or its equivalent. April was estimated at 1.55 million TEU, up 8.1 percent from 2014. May is forecast at 1.56 million TEU, up 5.4 percent; June at 1.53 million TEU, up 3.7 percent; July at 1.57 million TEU, up 5.1 percent; August at 1.58 million TEU, up 3.9 percent, and September at 1.6 million TEU, up 1.1 percent. The first half of 2015 is forecast at 8.8 million TEU, an increase of 6 percent over the same period last year. Hackett Associates Founder Ben Hackett said the strong increases in volume are coming as ship owners are launching an excessive number of large new vessels that could lead to a price war on shipping rates. “This upsets the supply/demand balance,” Hackett said. “There is not enough demand to justify this level of capacity increase. Expect rates on both coastal services to fall to all-time lows.” Global Port Tracker, which is produced for NRF by the consulting firm Hackett Associates, covers the U.S. ports of Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Hampton Roads, Charleston, Savannah, Port Everglades and Miami on the East Coast, and Houston on the Gulf Coast. The report is free to NRF retail members, and subscription information is available at www.nrf.com/PortTracker or by calling (202) 783-7971. Subscription information for non-members can be found at www.globalporttracker.com. NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. NRF.com Hackett Associates provides expert consulting, research and advisory services to the international maritime industry, government agencies and international institutions. www.hackettassociates.com