U.S. TEU (twenty-foot equivalent units) imports for the top 100 NVOCCs (Non-Vessel Operating Common Carrier) increased again in the month of March from February and dramatically from March of 2014. The top NVOs rose by 23 percent from February and another 38 percent from March of last year. This is likely due to issues at West Coast ports finally getting resolved. The dramatic West Coast slowdown that happened earlier this year seems to be making up for its losses with a surge in total TEU imports in March. In fact, TEU imports this March were the highest seen in one month that Zepol has on record (back to 2003) and totaled 1.85 million TEUs.
The top 100 NVOs were responsible for over 500,000 TEUs imported in March, nearly 100,000 TEUs higher than February, and almost 140,000 TEUs higher than March of 2014.
Out of the top 100 NVOs, 93 increased TEUs from last March and 95 increased from February. The top three were once again Expeditors International, Blue Anchor Line, and Christal Lines. Apex Shipping Co was ranked the fourth-largest NVO in March and increased import volume from last March by 50 percent. Orient Express Container Co ranked fifth and saw a similar import surge.
View all of the top 100 NVOs in March 2015 in the free report linked below.
To search Zepol’s import statistics for Free Click Here
About the 3PL News NVO Update
This is a 3PL News exclusive report was created and written by Zepol Corporation. Zepol provides search access to over 130 million U.S. import and export bills of lading. The data excludes shipments from empty containers and shipments marked as freight remaining on board, and may contain other data anomalies. For more information on Zepol’s platform visit www.zepol.com