PD PORTS is predicting container volume will grow 30-40 per cent after a 51 per cent growth rate at the harbour in England's north east at the mouth of the River Tees.
PD Ports commercial director Graham Wall said the increase has been falsely attributed to the GBP100 million (US$150 million) Tesco warehouse at Teesport rather than retailers' moving from road transport from southern ports to distribution centres in the north-east of England, reported London's International Freighing Weekly.
"Most people say that growth is because of the Tesco import centre, but that has not really kicked in yet and we expect another increase of 30-40 per cent in container volumes over the next six months," he said.
(Source: www.schednet.com)