Container traffic volumes at US ports have soared as lower manufacturing costs in China prompted American retailers and manufacturers to extend their supply chains to Asia. In the last 25 years, container volumes, mainly from China, have jumped from 8 million twenty-foot equivalent units (TEUs) to 40 million TEUs and are expected to exceed 100 million TEUs by 2020. By 2010, incoming container volumes will exceed US port capacity. However, there are no national initiatives in place to...
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