Total vessel imports show a decrease after a two month upward trend
MINNEAPOLIS, October 13th, 2011 — Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for September, measured in TEUs, decreased 6.73% from August and showed a similar decrease of 4.52% from September of 2010. The total number of shipments also decreased almost 9% from August while also showing a decrease of 2.31% from September of 2010. Year to date, total TEUs are up 1.44% this year over last year.
Key Statistics from this Month’s Update:
1.Incoming shipments from both Asia and Europe show decreases of 8.75% and 15.74%, respectively, for September. Despite an 18% increase of shipments two months previously in August, Taiwan recorded a decrease of almost 20% in September. Japan also showed a decrease in shipments of over 12% in September after a similar increase in August. When comparing incoming shipments from Europe, 11 of the top 15 countries recorded decreases in September, with the largest decrease occurring in Greece.
2.Several of the U.S. ports showed decreases in incoming TEUs for September, including the Pacific and Mid Atlantic ports with nearly 9% and 12% decreases, respectively. Los Angeles and San Francisco each displayed decreases of 9% and 11.37% last month. Together, the states of New York and New Jersey accounted for 13.38% of the Mid Atlantic ports decrease.
3.Apl Co. maintains their number two carrier position, behind Maersk Line, despite a 7.60% decrease in TEUs for September. They are not alone, however, as nine out of the top 10 carriers experienced similar decreases, the highest with Nippon Yusen Kaisha. Of the top 10, Hanjin Shipping Company had the sole increase in TEUs of just 0.64% for the month of September.
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. This is the earliest indicator for trade data available for the previous month’s import activity. The data excludes shipments from empty containers, excludes shipments labeled as freight remaining on board, and may contain other data anomalies.
About Zepol Corporation:
Zepol Corporation is a Minnesota-based company working to provide the most complete and up-to-date U.S. trade data through our subscription tools. TradeIQ™ is a U.S. Customs import Bill of Lading database utilized to find information about competitors, suppliers, prospects, and the products that they use, market, or transport. TradeView™ provides U.S. Census data to visualize the U.S. import and export market. ComplianceMonitor™ is a comprehensive tool that proactively alerts users of essential U.S. import trade compliance information
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