August TEU imports for the top 100 Non-Vessel Operating Common Carriers (NVOs) fell from July by 3.9%; the drop is not too surprising since total U.S. imports of TEUs are down this month by 3%. Although, compared with the same time last year, this August had slightly higher import volumes by 0.33%. Generally August is a high month for imports and usually shows increases from July numbers. From 2009 to 2011, NVO imports have consistently gone up from July to August by an average of 5%, so it’s unique for this August to show lower TEUs.
Out of the top 100 NVOs, 57% saw a decrease in TEU imports from July to August and every NVO in the top ten saw a decrease; not to mention 51% of all NVOs dropped from August of 2011. At the top of the list, in terms of total TEUs, was Expeditors International, the NVO has been at the top every month so far for 2012. Although it’s number one on the list, Expeditors actually dropped in imports from July by 8.5% and another 13.2% from August of last year. Blue Anchor Line, number two on our list, saw a decrease in TEUs from July by 1.9%, but increased from last August by 8.6%. Of the top 25 NVOs, the only one with double digit increases from July was Yusen Logistics Americas. Yusen rose from last month by 10.5% and made a dramatic increase in TEUs from last August by 945%. Overall, August had a moderately unexpected slump in U.S. imports and it will be interesting to see if there are any more spikes in the remaining months of 2012.
About the 3PL News NVO Update
This report has been prepared exclusively for 3PL News by Zepol Corporation, a provider of the most complete and up-to-date trade data to organizations around the world. The data excludes shipments from empty containers, excludes shipments labeled as freight remaining on board, and may contain other data anomalies. For more information on Zepol’s industry-leading U.S. import/export data tools, please visit www.zepol.com