Total container trade falls in February after January upswing
MINNEAPOLIS, March 9th, 2011 — Zepol Corporation, the leading trade intelligence company,reports that import shipment volume for February, measured in TEUs, decreased 9.94% from January and increased 9.03% over February 2010. The total number of shipments also decreased 11.09% from January and increased 7.27% over last February. Year to date, total TEUs are up 13.24% this year over last year.
Key Statistics from this Month’s Update:
- Asian origin volumes fell to levels seen in December 2010, decreasing 11.42% from January to February of this year. Imports from Central America, measured in TEUs, rose 4.88% from January to February as fresh fruit imports took an upward turn.
- Ports on the Atlantic Coast show the greatest increases in volumes for February 2011 over January 2011. The most noteworthy increases were West Palm Beach, FL and Chester, PA with increases of 37.86% and 18.73% respectively. Overall, levels dropped on the Pacific coast with an overall average decrease of 14.15% from January.
- MaMaersk Line continues to hold the top Carrier spot, however, experienced a volume decline of 10% from January to February of this year.
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 trade data to organizations around the world. Zepol provides industry leading trade data tools, TradeIQ and TradeView, for analyzing the United States trade marketplace. TradeIQ is an up-to-date U.S. Customs import Bill of Lading database and is available through an online interface. TradeView provides access to U.S. Census data to visualize the import and export economy.
Zepol’s user base includes over 1,000 subscribers representing the leaders of every trade related industry. Our customers are the most important players in the international trade community. Users include leading transportation executives, supply chain professionals, competitive intelligence practitioners, and intellectual property attorneys at:
Over 40 of the Fortune 500
4 of the top 10 Port Authorities by Volume
7 of the top 10 Freight Forwarders
2 of the top 3 Fruit Importers
9 of the top 20 Chemical Companies