The top 100 NVOs accounted for 330,956 of the imported TEUs in November. In general, U.S. vessel imports for November fell dramatically from October, so an 11.5% drop in TEUs for the top 100 NVOs is not too shocking. Although, compared to November of last year, the top NVOs decreased a hefty 20%, which is about five points higher than the United States’ total drop in imports. The low November numbers have a lot to do with the import delays caused by Hurricane Sandy on the east coast and labor strikes at ports on the west. These unique circumstances set vessel imports back a ways, so December could be unusually high for TEUs.
Out of the top 100 NVOs, 84% saw a decrease this month and 81% fell from November of 2011. Once again, the top three NVOs for this month are Expeditors International, Blue Anchor Line, and Danmar Lines, all of which saw a double-digit decrease from November of last year. Expeditors, the top NVO for the year, dropped in imports from October by 10.8% and from November of 2011 by 17.2%. Of the top 10 NVOs, Orient Express Container Co, number six on our list, saw the largest drop from November of 2011, falling 30.7%. The only NVO in the top 10 to rise from last year was Schenkerocean Limited by 1.8%. Overall, November generally does not post such low imports and it’s especially rare to see decreases year-over-year so December may be picking up some slack.
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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