Lowest Peak Container Traffic for US in Four Years

Cargo volume at the nation's major container ports fell again in October, and 2008 is now expected to be the slowest year for box traffic since 2004, according to the latest Port Tracker report by the National Retail Federation and consultant IHS Global Insight.

Volume is projected to total 15.3 million TEUs for the year, compared with 16.5 million TEUs in 2007, off 7.1 percent and the lowest total since 2004, when 14 million TEUs moved through the ports. The survey blamed the continuing downturn in the U.S. economy.

Guangzhou Makes It To The Top 10 of World Container Ports

The People's Daily has reported that the Port of Guangzhou 's container throughput has broken through the 10 million TEU mark, making it the third biggest container port in mainland China , behind Shanghai and Shenzhen, and in the top 10 container ports of the world

The Guangzhou Port started its container service in 1978, and it was one of the first ports to operate a container transport business in China . At present, the Guangzhou Port has 19 container berths, including 10 more berths opening at the new nearby Nansha Terminal. About 100 services call at Guangzhou going to ports all over the world.