Companies are preparing for tariffs levied against China and other countries by the Trump administration by pulling freight forward, considering price hikes and adjusting supply chains, according to Savills’ Q4 industrial report. Freight movement pushed port volumes up last year.
Monthly TEU freight volume was up more than 20% year-over-year in Long Beach, California, nearly 19% in Los Angeles, and more than 16% in Seattle. Other top ports for the quarter were New York/New Jersey, Savannah, Oakland, Houston, Virginia and Charleston.
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Kristen Smithberg
Kristen Smithberg is a Colorado-based freelance writer who covers commercial real estate, insurance, benefits and retirement topics for BenefitsPRO and other industry publications.
