Subscribe to our free, weekly email newsletter!


Mixed report surfaces on trade

In a report issued yesterday, the Minneapolis-based research firm maintained that August “clocked” the most inbound ocean containers at 2.06 million
By Patrick Burnson, Executive Editor
December 08, 2010

The common perception that October is the most active month for trade is a false one, said analysts at Zepol Corporation.

In a report issued yesterday, the Minneapolis-based research firm maintained that August “clocked” the most inbound ocean containers at 2.06 million.

“In the last 3 months, September, October, and November have shown month over month decreases of 4.66 percent, 2.87 percent, and 0.95 percent respectively,” said Zepol analyst, Chelsea Craven.

Zepol’s data is derived from Bills of Lading entered into the Automated Manifest System. This information represents the number of House manifests entered by importers of waterborne containerized goods.

Analysts for Zepol said that this is the earliest indicator for trade data available for the previous month’s import activity.

They qualify their findings, however, but admitting that the data includes shipments from empty containers, which may overstate totals from transshipments, and may contain other data anomalies.

According to Craven, December numbers may represent a “turnaround,” however, as a new surge in demand may reflect a strengthening economy.

Year to date, total import shipments are up 14.17 percent over 2009 and down 1.22 percent from 2008. Year to date twenty-foot equivalent units (TEUs) show similar numbers, up 15.95 percent over 2009 and down 0.98 percent from 2008.

Total shipments from Asia are down 2.11 percent from October, but European origin shipments rose 12.15 percent for the same time period.

TEU volumes show the same picture: Asia down 3.48 percent and Europe up 10.18 percent.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


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!

Recent Entries

With no fuel tax increase likely ahead of this year’s mid-term elections, trucking interests in Washington are moving to Plan B in their attempt to shore up funding for badly needed infrastructure improvements.

Crowley Maritime Corporation has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd.

To catch a rising economic tide this year, the Port of Long Beach will need to modernize and find new efficiencies to move increasing amounts of cargo at a faster pace, said experts gathered earlier this month for the Port’s 10th annual “Peak Season Forecast” at the Long Beach Convention Center.

They are an annual rite of passage, general rate increases (GRIs) in the less-than-truckload (LTL) sector of the trucking industry. But is anyone paying attention? And more importantly, is anyone actually paying these announced GRIs, this year in the 3.9 to 5.4 percent range?

Article Topics

News · Container · Trade · TEU · Imports · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA