GCTL8.com (FocusAsia Media Ltd)

LONG BEACH, Feb 20 (FAM) – West Coast ports last year continued a decade long decline of market share in which they have lost about 12 percentage points of US imports from Asia since 2005, reaching a new low of nearly 67 percent, as beneficial cargo owners increased shipments through the East and Gulf coasts.

The steady drip of market share continued last year, with US West Coast ports losing about half a percentage point of share, leaving East Coast ports with a share of 30.05 percent and Gulf Coast ports 2.85 percent, according to an analysis of data from PIERS, a sister company of JOC.com within IHS Markit.

 

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