Panjiva data shows a slight gain in U.S.-bound shipments

The number of global manufacturers shipping to the United States continued in June with a 1 percent gain, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

<p>Panjiva is the leading intelligence platform for global trade professionals. With detailed information on 1.5 million companies that do business across borders, Panjiva is the go-to source for information for global trade professionals who want to find, evaluate, and connect with companies in other countries.</p>

Panjiva is the leading intelligence platform for global trade professionals. With detailed information on 1.5 million companies that do business across borders, Panjiva is the go-to source for information for global trade professionals who want to find, evaluate, and connect with companies in other countries.

in the News

Keeping up with, or replicating, Amazon is key to retailers’ success, says AlixPartners research
Another example of Amazon’s innovation machine: more jobs
PierPass marks another reduction in LA/LB port trucking congestion
ATA makes case to FMCSA not to delay ELD implementation
Keeping up with, or replicating, Amazon is key to retailers’ success, says AlixPartners research
More News
By ·

The number of global manufacturers shipping to the United States continued in June with a 1 percent gain, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

June’s 1 percent gain follows a 9 percent jump from April to May and matching 3 percent gains for the previous two months. On an annual basis, June was 15 percent better than June 2009. Panjiva officials said the total number of global manufacturers shipping to the U.S. in June was 150,258, compared to 130,950 a year ago.

Panjiva also reported that there was a 1 percent increase in the number of U.S. companies receiving waterborne shipments from global manufacturers and a 2 percent increase from May to June. This matches up with a 2 percent month-to-month decrease for the same period last year and a 5 percent gain in 2008.

June’s data indicates the global trade conditions over the last month are basically holding steady, said Panjiva CEO Josh Green.

In an interview with LM, Green pointed out how recent data from the Department of Commerce noted how May imports were higher than expected at $194.51 billion, although there was not a subsequent bump in June based on Panjiva’s data; instead, there was a leveling off.

“Global trade activity according to our data is essentially right where it was two years ago just before the Great Recession,” said Green. “We have not experienced a bounce-back from the depths of 2009 back to pre-recession levels, and the question of where do we go from here is an open one.”

Green cited a recent conversation he had with a global manufacturing executive whom said we might be experiencing a ‘square root recovery,’ which is comprised of a significant drop, and a significant bounce-back followed by a level economy for some time.

Another factor impacting global trade growth centers on inventory build-up for global manufacturers shipping to the U.S. In recent weeks, it appears that the inventory build-up that occurred over the first half of the year has somewhat subsided.

And in the coming months, Green said it is reasonable to expect a run up in global trade activity leading up to the holiday season.

“My expectation, though, is that will be relatively modest growth, because retailers do not want to be caught with too much inventory,” said Green.

Take the Panjiva Tour


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Global Trade · Inventory · Logistics · Panjiva · All Topics
Latest Whitepaper
Just Released: Understanding Hazmat Transportation Management
The rules and regulations governing the transportation of hazardous materials (hazmat) are complex.
Download Today!
From the July 2017 Logistics Management Issue
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish demand and political doubt. The result: “cognitive dissonance” that finds a $1.4 trillion market scratching its head.
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots
Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
28th Annual State of Logistics: Into the great unknown
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...