Take all those claims of reduced lines of tankers carrying supply chain shipments along the West Coast with a grain of salt water.

Many of those ships are headed to the Atlantic Ocean, according to a new report from Marcus & Millichap.

In 2002, approximately 80 percent of transpacific cargo entered the U.S. through West Coast nodes; that figure has fallen to 56 percent just over 20 years later.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

National
Industrial
Midwest
Northeast
Southeast
Southwest
West