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

U.S. carloads were down 2.4 percent annually at 284,618, and intermodal volume was up 6.7 percent compared to the same week as last year at 277,854 trailers and containers.

The results of the 2015 MHI Annual Industry Report were released at Wednesday’s ProMat keynote, with some of the biggest findings from the report’s survey being pricing pressure combined with ever growing customer expectations for a faster, better experience.

Seasonally-adjusted (SA) for-hire truck tonnage in February was down 3.1 percent (2000=100) compared to a revised 1.3 percent (from 1.2 percent) increase in January. ATA said this reading marks the lowest level for the SA index going back to last September.

It was a busy day for railroad-related legislation yesterday, with the United States Senate Commerce, Science, and Transportation Committee approving two bills with a railroad focus by a voice vote. The respective bills are S. 808, the Surface Transportation Board Reauthorization Act of 2015 and S. 650, the Railroad Safety and Positive Train Control Extension Act.

Indications given by a splinter group of the International Longshore and Warehouse Union suggest that shippers should not assume the tentative contract with the Pacific Maritime Association is a “done deal.”

Article Topics

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

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA