PortMiami enjoys record TEU traffic

PortMiami enjoyed its busiest month on record with a 1.5% year-on-year (YoY) increase in TEU volume in October.

In a statement, the Port said it processed 107,088 TEU in October 2020 compare to 105,573 TEU in October 2019, despite effects of the COVID-19 pandemic.

2020 has been a tumultuous year for US ports, which have suffered the lingering effects of the trade war with China, as well as plummeting imports due to the pandemic.

This was particularly true of those on the West Coast in the early months of the year, but volumes have recovered since and some have also enjoyed record traffic.

”I am proud that despite the worldwide pandemic, PortMiami set a record for the strongest month ever in cargo activity,” said Mayor Daniella Levine Cava.

“Miami-Dade County is a major global hub for trade and commerce, and it continues to create jobs and expand opportunities across our community. As we look to rebuild a stronger, more resilient economy, the seaport is critical to our long-term sustainable growth and prosperity.”

“PortMiami continues to make its impact on South Florida’s economy despite the worldwide challenges that we are all experiencing,” said Tourism and Ports Committee Chairwoman Rebeca Sosa. “Such performance is a reflection of the resilience of our community and the role played by PortMiami.”

The Port attributed the strong cargo performance to a solid balance of global trade and more than $1 billion of completed capital infrastructure improvements that offer shippers a gateway equipped to handle big ships requiring -39 ft. draft or deeper. T

o date, the Port has welcomed more than 400 post-Panamax vessels that have called due to the completion of the Deep Dredge project and the acquisition of new Super post-Panamax cranes.

https://www.porttechnology.org/news/portmiami-enjoys-record-teu-traffic/