Actual volume fell from 1.1 million TEUs to 963,000 TEUs for the month. In the first quarter of the year, volume plummeted 20 percent to 2.56 million TEUs, including a 32 percent drop in February.
Eastbound Europe/Asia volume fell only 6 percent in March, and was down 15 percent for the first quarter to 1.08 million TEUs.
Transatlantic volume also continued sharp falloffs. Westbound volume from Europe to North America fell 15 percent in March to 233,000 TEUs, with volume for the quarter down 17 percent to 628,000 TEUs. Eastbound, volume fell 29 percent in March, in line with the 30 percent drop-off for the first quarter, to 583,000 TEUs.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now