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 ·

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

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 [email protected]

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

Container · Imports · TEU · Trade · All Topics
Latest Whitepaper
Identify Cost Savings with Real-Time Visibility
To offset the impact of late shipments, unreported delays and detention, shippers are increasingly requiring 100 percent visibility into the location and status of their freight.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
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
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
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...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...