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Global Container volumes up 6.9% in September compared to 2019

According to CTS lines moved 14.72 mn TEUs globally in September this year, compared to 13.76 mn TEUs in the same month in 2019.

The volume moved in September 2020 represents a slight fall off from a peak of 14.82 mn TEUs of import and export boxes in July this year, as trade surged following Covid-19 lockdowns across large swathes of the world in the second quarter. In August the global import and export container volume reported by CTS was 14.80 mn TEUs.

 CTS’ global price index also surged to 73 points in September 2020, compared to 70 in August

CTS’ global price index also surged to 73 points in September 2020, compared to 70 in August, although lower than the year high of 74 in April. By comparison the global price index stood at 66 points in September 2019.

The volumes reported by CTS mirror activity in the market from container lines where services on the transpacific have been reinstated in Q3 following large scale blank sailings in the Q2 to manage capacity.

Import volumes of into North America surged to 3.02 mn TEUs in September 2020, a huge increase of 23.4% compared to 2.45 mn TEUs in the same month in 2019.

Europe import volumes in September saw a much smaller increase year-on-year of 4.1%

For Europe import volumes in September saw a much smaller increase year-on-year of 4.1% with 2.82 mn TEUs in imports in September 2020 compared to 2.70 mn TEUs in the same month in 2019.

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