Trans-Pacific boom likely to last until March or longer

The thinking back in August and September was that trans-Pacific container volumes would fade after China’s Golden Week holiday in the first week of October. Volumes would still be solid through December, but they’d peak around that earlier holiday.

It didn’t happen. Not even close. U.S. imports just kept coming, unabated. With three weeks left in the year, it’s virtually guaranteed that there will be no letup in 2020. Even with COVID cases surging, the next line in the sand appears to be after the Chinese New Year (CNY) holiday, to be held Feb. 11-26.