U.S. Supply Chains Challenged by Slowdown Maritime Activity

Compared to January through June of 2012, import volume is virtually stagnant.
By Patrick Burnson, Executive Editor
July 16, 2013 - SCMR Editorial

Amid growing concern that U.S. exports may be lagging, comes news that inbound shipments are sluggish, too.

Zepol Corporation, a leading trade intelligence company, reports that U.S. vessel imports have declined almost 3% from May to June. Imports are also 1.6% below twenty-foot containers (TEUs) seen in June of 2012.

This year, U.S. ocean imports had a steady increase of 1% compared to the volume seen in 2012, but with the low June numbers that percentage has changed. Zepol has found that in the first six months of this year, compared to January through June of 2012, import volume is virtually stagnant.

As reported in Logistics Management – a sister publication – earlier this week, maritime analysts have observed that the Obama Administration may be failing in its mission to generate U.S. exports.

“The month-to-month dips and jumps seen from imports in 2013 have averaged out to be pretty average indeed,” said Zepol’s CEO Paul Rasmussen, “The first half of the year posted container volume to match that of 2012. Although, 2013 still has the potential to rise above in July and August, which are the busiest months for U.S. imports.” 



U.S imports from Asia are down 1.5% from May and another 1.2% for the first half of the year. Imports from China are down a half a percentage so far in 2013 along with South Korea, which decreased 2.8% and Japan another 6%. Exports from Europe have declined by 7.6% from last month but are up 0.6% for the first half of the year. German exports to the United States have declined 0.4% from 2012, but Italy has increased 5.3% this year.

Compared to the first half of 2012, the Port of Los Angeles is down in TEU volume by 9.3%. The Ports of Newark and New York have also dropped about 5% for the first half of the year. Savannah, the fourth busiest port, is down 3%, although the Port of Norfolk, Virginia, increased in TEU volume by 4.8%, which maintains its spot from 2012 as the fifth busiest port. (You can read more about the top 20 U.S. ports for 2012 in this report

Maersk Line, the top carrier in the United States, decreased in TEUs by 8.4% from last year and Mediterranean Shipping Company also decreased in cargo by nearly 2%. Although, two top carriers increased for the first half of the year. Evergreen Line and APL Co. both posted increases of 2% and 9%, respectively.



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

The Port of Oakland has undertaken a series of measures in recent years to attract more import volume.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

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