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For the first time since November, monthly container traffic volumes at the Port of Tacoma surpassed those in the same month in the prior year in March, the port reported.
Container numbers improved by 8.5 percent last month over March 2013. The port handled 185,415 container units last month, according to port statisticians.
That increase wasn’t quite enough to push the port’s container traffic into positive territory for 2014. For the year through the first quarter container traffic lagged by 0.3 percent.
Source: The News Tribune

From the Journal of Commerce:
The opening of the enlarged Panama Canal at the end of 2015 likely will trigger a “massive” surplus of 4,000- to 5,000-TEU container ships, many of which will have to be scrapped regardless of their age, according to Drewry Maritime Research.
After its locks are enlarged, the waterway, which currently can only handle so-called Panamax ships up to 5,000 TEUs, will allow the transit of vessels up to 14,500 TEUs.
More at the JOC

Source: Washington Post

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