Seattle Shipping Boom: +48% Gain YTD from 2009

The chart above shows monthly shipping volume (TEUs = twenty-foot equivalent units, data here) at the Port of Seattle (America's 10th largest port, and third largest port on the West Coast).  Shipping volume for July (219,349TEUs) was 61.7% above last year's shipping in July, and this follows year-to-year increases of 49% in June, 57.38% in May, 57.2% in April, 39.4% in March, 48.2% in February and 21.7% in January. Year-to-date, shipping volume through July at the Seattle port is 47.9% above last year.  At this pace, annual Seattle shipping in 2010 will likely exceed both last year's shipping volume of 1.58 million TEUs and the 1.70 million TEUs in 2008, and possibly even the 1.973 TEUs in 2007.