A trade lane (or trade route) refers to a specific pathway along which goods are transported between two or more locations, typically across international borders. Trade lanes are established based on the flow of goods and the economic relationships between countries or regions. They encompass both maritime and air routes and play a crucial role in global supply chains by facilitating the movement of goods and fostering international trade.
Transit time refers to the duration it takes for goods or shipments to travel from their origin to their destination. It is a crucial metric in supply chain and logistics management, as it directly impacts delivery schedules, inventory levels, and customer satisfaction. Transit time encompasses the entire journey of a shipment, including transportation, handling, and processing at various checkpoints along the route.
Transloading refers to the process of transferring goods or cargo from one mode of transportation to another, typically from one type of truck or railcar to another, or from rail to truck and vice versa. This logistical practice is often employed to optimize transportation routes, reduce costs, and improve overall efficiency in supply chain operations.
A Transportation Management System (TMS) is a specialized software solution designed to streamline and optimize transportation and logistics operations within supply chains. It provides functionalities to effectively manage and control the movement of goods from origin to destination.
Transportation lead time refers to the duration it takes for goods to be transported from the point of origin to the final destination. It encompasses the time required for transportation activities, including loading, transit, and unloading, across various modes of transport such as road, rail, air, or sea.
A transshipment is the process of transferring goods from one transportation vehicle or vessel to another during their journey from origin to destination. It typically occurs at intermediary points along the supply chain route, where cargo is transferred between different modes of transportation, carriers or vessels.
Twenty-foot Equivalent Unit (TEU) is a standard unit of measurement used in the shipping industry to quantify the cargo-carrying capacity of container vessels. It represents the volume of a standard twenty-foot-long shipping container.
An Ultra Large Container Vessel (ULCV) is a massive container ship used on major trade routes, capable of carrying over 14,000 TEUs.
Vendor Managed Inventory (VMI) is a supply chain management strategy where the supplier or vendor takes responsibility for managing the inventory levels of their products at the customer's or retailer's location. In this arrangement, the vendor monitors the inventory levels based on agreed-upon criteria such as sales data or inventory levels, and initiates replenishment as needed.
Verified Gross Mass (VGM) is a term used in the shipping industry to refer to the total weight of a packed container, including its contents and packaging materials. It is a crucial requirement mandated by the International Maritime Organization (IMO) under the Safety of Life at Sea (SOLAS) convention to enhance safety in maritime transportation.
A floating structure with its own mode of propulsion designed for the transport of cargo and/or passengers. In the Industry Blueprint 1.0 "Vessel" is used synonymously with "Container vessel", hence a vessel with the primary function of transporting containers.
A vessel sharing agreement (VSA) is a cooperative arrangement between shipping companies that allows them to share space and resources on vessels for specific routes.
Vessel bunching refers to the situation where multiple vessels arrive at a port simultaneously or within a short period, leading to congestion and delays. This clustering of vessels can overwhelm port facilities, causing extended wait times for berthing, loading, and unloading operations.
A vessel call sign is a unique identifier assigned to a ship for radio communication purposes. It is used to distinguish the vessel from others in maritime communication systems, including VHF radios and satellite communications.
A vessel omission (sometimes called a port omission) occurs when a scheduled vessel does not call at a planned port during its voyage. This disruption means that the vessel skips the port entirely, which can impact the transportation and delivery schedules of goods.
In cargo shipping, vessel rotation is the planned sequence of port calls that a shipping vessel follows on its route to optimize cargo loading and unloading operations.
The timetable of departure and arrival times for each port call on the rotation of the vessel in question.
A journey by sea from one port or country to another one or, in case of a round trip, to the same port.
Warehouse utilization is a logistics metric that refers to the effective use of available warehouse space for storing goods and inventory.
Order for specific transportation work carried out by a third party provider on behalf of the issuing party.
Logistics yard management refers to the process of overseeing and controlling the movement of trucks, trailers, containers, and other vehicles within a yard or distribution center. This includes tasks such as scheduling, tracking, and coordinating the arrival, departure, and storage of these vehicles.
The Busiest Container Ports in the United States
As the world's largest economy, it's no surprise that the United States plays a significant role in global trade, with its container ports serving as vital gateways for goods entering and leaving the country. While no American facility ranks in the top 10 container ports globally, the country is home to nine of the world's 100 busiest ports that collectively handled over 50 million TEUs in 2023. These ports support a complex supply chain network that connects the U.S. to markets around the world.
Busiest Container Ports in the US by Annual TEU Throughput
Based on the Lloyd's List 2023 One Hundred Ports Analysis, the following are the busiest container ports in the United States by annual TEU (Twenty-Foot Equivalent Unit) throughput.
1. Los Angeles
The Port of Los Angeles leads as the busiest container port in the United States, handling 9,911,155 TEU in 2023. Located on the West Coast, it is a crucial hub for trans-Pacific trade, particularly with Asia. Its strategic location, coupled with investments in infrastructure and technology, enables it to manage high volumes efficiently.
2. New York/New Jersey
The Port of New York and New Jersey ranks second, with an annual throughput of 9,493,664 TEU. As the largest port complex on the East Coast, it serves as a key entry point for goods into the northeastern U.S. and supports extensive trade with Europe, Asia, and other regions.
3. Long Beach
Situated adjacent to Los Angeles, the Port of Long Beach handled 9,133,658 TEU in 2023, making it the third-busiest container port in the country. It forms part of the San Pedro Bay port complex, which is the largest in the Western Hemisphere. Long Beach's modern facilities and deep-water berths are designed to accommodate the world's largest container ships.
4. Savannah
The Port of Savannah, with a throughput of 5,892,131 TEU, is the fourth-busiest U.S. port. As the fastest-growing port in the nation, Savannah benefits from its strategic location near major rail lines and highways, facilitating easy access to the southeastern and midwestern markets.
5. Houston
The Port of Houston ranks fifth, processing 3,974,901 TEU in 2023. As a major hub for the U.S. energy sector, Houston handles a large volume of containerized cargo, particularly petrochemical products. Its proximity to the Gulf of Mexico makes it a key gateway for trade with Latin America and beyond.
6. Norfolk (Virginia)
Norfolk, with an annual volume of 3,704,723 TEU, is the sixth-busiest port in the U.S. Its deep harbor, capable of accommodating the largest container ships, and proximity to the Atlantic Ocean make it a crucial entry point for goods entering the mid-Atlantic and Midwest regions.
7. Seattle/Tacoma
The Northwest Seaport Alliance, comprising the ports of Seattle and Tacoma, handled 3,384,018 TEU, ranking seventh. This port complex plays a critical role in trade with Asia, particularly China, South Korea, and Japan, due to its strategic location on the U.S. West Coast.
8. Charleston
The Port of Charleston processed 2,792,313 TEU in 2023, placing it eighth on the list. With its rapidly expanding facilities and deepened harbor, Charleston is emerging as a key player in containerized trade on the East Coast.
9. Oakland
The Port of Oakland, with an annual throughput of 2,337,607 TEU, is the ninth-busiest U.S. port. Located in California, it serves as a major gateway for agricultural exports from the western U.S. and handles significant volumes of imports from Asia.
The Fastest Growing Container Ports in America
The Ports of Savannah and Charleston are among the fastest-growing container ports, having positioned themselves as key logistics hubs that offer easy access to major markets in the Southeast and Midwest.
The Port of Charleston is expanding its capacity to accommodate larger vessels and increased cargo volumes. With a recently completed harbor deepening project that enables the port to receive post-Panamax ships and a planned terminal expansion, Charleston is well positioned to continue its growth.