‍Day 4 of the ILA Port Strike:

The data Vizion shares on Day 4 focuses on the 24,291 containers in port at ILA strike affected ports. 

The top 5 ports seeing the largest impact of containers stuck include USSAV, USNYC, USHOU, USORF, and USCHS totaling 19,026 TEU worth over $1B in value. (luckily, only 40 TEU is stuck on a reefer at all affected ports). 

The top 5 imported goods currently at port include furniture, mechanical machinery, wood, electrical machinery, and plastics with 6,320 TEU worth $443M in value. 

The top 5 impacted consignees currently at port include Walmart, Costco, Target, Lowes, and Home Depot with 1,887 TEU worth $103M in value. 

And the topic on everyone’s mind… 🍌🍌🍌, there are currently 6,412 TEU inbound to ILA affected ports worth $127M USD weighing just under 80K tons (or 40 cars). 

With operations resuming at ports on Monday, we will continue to monitor impacts over the weekend. We are seeing an increase in the number of vessels inbound to ILA ports through October but a decrease in the number of new import and export shipments in comparison to yesterday. 

• 365 = The number of vessels inbound to ILA ports through October
• 7,404 = The number of new Import shipments booked on 10/3 (compared to 8,026 on 10/2)
• 2,717 = The number of new Export shipments booked on 10/3 (compared to 3,035 on 10/2)
• 39 = The number of vessels at anchor at ILA ports with 179,000 individual shipments and 419,000 TEU. 
  

Check out our dwell insights dashboard to see the data yourself. 

‍

Follow Vizion on LinkedIn for daily strike updates plus detailed analysis on the impact of the three-day strike coming next week. 

‍

Day 3 of the ILA Port Strike:

VIZION has published a NEW #ILAportstrike import dwell insight dashboard to show which containers are currently stuck at port and volume of containers picked up over the last 60 days.

Here are the updated numbers we are watching on Day 3 of the strike.

• 24,291 = The number of containers in port at ILA ports
• 368 = The number of vessels inbound to ILA ports through October
• 3.8 billion = The number of USD increase in value of goods on the water and waiting to load since 9/30
• 5 = The number of NEW vessels indicating a move away from ILA ports on 10/2 (9 total, including 4 vessels from 10/1)
• 39 = The number of vessels at anchor at ILA ports (increase from 32 on 10/1)
• 3,035 = The number of new Export shipments booked on 10/2 (compared to 2,909 on 10/1)
• 8,026 = The number of new Import shipments booked on 10/2 (compared to 8,760 on 10/1)

Follow VIZION on LinkedIn for daily updates on the ILA Port Strike and monitor the data yourself using our dashboards here: Vizion API.

‍

Day 2 of the ILA Port Strike:

• 0 = The number of TEUs gated out via truck from East Coast and Gulf Coast ports on 10/1
• 63,000 = The number of TEUs gated out via truck from East Coast and Gulf Coast ports on 9/30
• 2 billion = The total number of USD increase in value of goods on the water ($38B on 10/1 -> $40B on 10/2)
• 8,760 = The number of new Import shipments booked on 10/1 (compared to 13,510 on 9/30)
• 2,909 = The number of new Export shipments booked on 10/1 (compared to 3,705 on 9/30)
• 4 = The number of vessels indicating a move away from ILA ports. 2 en route to Bahamas, 1 to Halifax, Canada, and 1 to Panama.
• 368 = The number of vessels inbound to ILA ports (20 additional compared to 10/1)

The team at VIZION has made two available dashboards to monitor live shipments and import/export shipments linked below. Follow our page for daily updates on the #ILAportstrike.

Live Shipment Tracking Dashboard

US East and Gulf Coast Port Strike Import/Export Dashboard

‍

Day 1 of the ILA Port Strike

Vizion CEO Kyle Henderson sat down with NPR's Scott Horsley yesterday to share some of the high level numbers seen in the Tradeview platform today. Here are some numbers we are watching on Day 1 of the Strike.

• 2.45 million = The number of metric tons in total cargo weight for shipments (identified in our Tradeview platform) scheduled to arrive into USNYC in the next 90 days, currently higher than even LAX.
• 38 billion = The estimated cargo value for all in transit shipments scheduled to arrive into the ILA ports in the next 90 days.
• 348 = the current number of vessels on the water listing US East + Gulf Coast ports as their destination. These vessels have over 441,000 individual shipments identified in Tradeview with an 746,000 in estimated TEUs.
• 42,870 = the number of TEUs that were gated out (via truck) from these ports on Friday 9/27.
• 76,400 = the number of TEUs that were gated out (via truck) from tehse ports on Monday 9/30.
• In the past 24 hours, despite the threat of the strike, there have been 48 containerships that have departed from origins overseas with cargo aboard destined for the impacted ports, with CMA CGM's ELBE vessel leading the way with over 651 shipments aboard identified with an ILA port listed as the destination.
• As we shared yesterday new bookings for Import and Export using the impacted ports have decreased dramatically over the last 7 days, but have not in fact stopped entirely. Just yesterday, the Tradeview platform identified 3,423 new shipments confirmed for Export and 13,268 shipments confirmed for Import.

Dashboard for Live Shipment Tracking now available.

‍

The Vizion team has been hard at work this week compiling data from our Tradeview platform, analyzing millions of container shipment bookings, and have summarized our findings below and available in the linked dashboard HERE.

Currently, we've seen new shipments entered for import and exports utilizing these ports decrease significantly. The weekly average in July and August was 97K TEUs and in the week of September 22 reduced to 14,895 TEUs.

There are a significant amount of shipments currently scheduled to arrive into or depart out of the affected ports. The total scheduled imports affected represent 665,700 TEU or 60% of all future US imports, with approximately $21B in estimated cargo value.

Based on the last 12 months of shipment bookings in Vizion's Tradeview platform, the affected US Ports represent 55% of all US Imports, 71% of all US Exports, and 27% of Global Import Activity, and 12.5% of Global Export Activity. On average, each month these ports bring in 784,000 TEU (containers). The monthly average for exports from these ports are 329,200 TEU.

The companies named in our analysis include large importers Walmart, for example, which relies on these US ports for approximately 86% of their total US Imports, similarly for First Solar as well (97% of their US Import volume). On the Export side you have ExxonMobil, where 97% of their US Export volume utilized these ports in the last 12 months (second only to Dow Chemical at 78%).

The types of imported cargo identified include furniture, bedding and mattresses (54% of the volume for this cargo type are brought in through these ports). Exported goods like plastics (80% of all US plastics exported), wood pulp products (72%), and meat products (77%). Starting October 1st, Vizion will produce daily snapshots of in transit import shipments and vessels that are rerouted or remain anchored, waiting to unload their goods.

Please stay tuned to our Linkedin page and Blog for more analysis, and reach out to us for any questions at ben@vizionapi.com. Vizion will be updating this blog with daily updates.