Posted by Chelsea Craven on Tuesday, June 28, 2011
The top 10 ports in the United States take in roughly 85% of all U.S. imports, and the majority have made big gains so far this year. Long Beach, ranked second, has increased TEU imports nearly 10% from last year, while total imports for all ports have increased 7.8%. Seattle, ranked fifth, is the lone port to decrease TEU imports, dropping 3.18% from last year. Overall, the numbers are surely a positive sign for the U.S. economy as consumers and manufacturers are buying more products.
Below is a chart detailing TEU figures for the top 10 ports:
| U.S. Port |
YTD* TEUs
|
Percent Change
over PYTD |
| Los Angeles, CA
|
1,619,908
|
7.45%
|
| Long Beach, CA
|
1,247,790
|
9.91%
|
| Newark, NJ/New York, NY
|
1,098,657
|
8.35%
|
| Savannah, GA
|
451,633
|
7.93%
|
| Seattle, WA
|
338,338
|
-3.18%
|
| Oakland, CA
|
307,446
|
6.61%
|
Norfolk, VA
|
305,441
|
7.37%
|
| Houston, TX
|
241,422
|
6.20%
|
| Charleston, SC
|
240,581
|
8.56%
|
| Tacoma, WA
|
187,871
|
2.46%
|
| Other
|
1,001,462
|
11.12%
|
| Total |
7,040,550
|
7.80%
|
*January through May 2011
Note: data excludes empty containers and FROB
Posted by Chelsea Craven on Monday, June 27, 2011
Zepol works with many media outlets to provide complimentary trade data to publications in all industries. Below we have highlighted some recent articles that have utilized Zepol's data.
Tradewinds: By the Numbers
Zepol contributes monthly import and export statistics to give
readers an overview of the U.S. trade market. Watch for more
contributions coming soon!
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U.S. Petfood Import and Export Trends
The article summarizes recent trade trends in the petfood
industry. Overall, the industry exhibited little fluctuation
throughout the recession.
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Interview with Zepol’s CEO, Paul Rasmussen
The interview includes a history of Zepol, industry trends, and
what’s on the forefront. Check out the article to see what Zepol
has in store next!
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Ranking of top 100 NVOs by TEU
Zepol contributes monthly updates on the top 100 NVOs and
compares TEUs to the previous month and year for an overall
summary of the industry.
__________________________________________________________________________________________________
Japan Crisis Creates SC Aftershocks
Zepol's data shows the drop in shipments from Japan very soon
after the natural disasters in March. Zepol was also named to the
top 100 Logistics IT Providers List by Inbound Logistics in April.
__________________________________________________________________________________________________
U.S. Volume, Consumer Sales Up in May
The article discusses key economic indicators and recent trends.
Figures are looking very positive compared to last May, but
consumers remain hesitant to splurge.
__________________________________________________________________________________________________
Click here to read complete articles and more about Zepol in the news!
Posted by Chelsea Craven on Thursday, June 16, 2011
The U.S. Census Bureau released its Merchandise Trade data numbers on June 9th for April 2011. The Merchandise Trade balance narrowed from a deficit of $54.9 billion in March to a deficit of $54.3 billion in April.
Below is an in-depth breakdown of the U.S. Census Merchandise Trade data. This month we have highlighted 3 interesting items that we found while looking at April's data; here are the highlights:
- Japan's Aftermath
- Strong Exports
- Weak Domestic Demand
Click here for Zepol's U.S. Census Merchandise Trade Data Update for April 2011
Posted by Sarah Minnich on Wednesday, June 15, 2011
Life as we know it has changed once we were introduced to high-tech electronics such as the iPad, the BlackBerry PlayBook, and the Smartphone. These devices now allow everything and anything to be accessible in the palm of our hand. When was the last time you bought a CD, a VHS, or even a tape? This is because you can now download everything you could possibly need, from movies to music, books even, and everything in between. We no longer have the need to sit in front of our TV and watch a VHS; we can download it onto our I-Pad on the go, or use Netflix on our new smart TV’s.
However, what happens to those hard copies of everything that we used to buy? They fall to the wayside, and as you can see in the graph below, the imports of these records, tapes, and disks have fallen drastically in the past few years. Total imports of records, tapes and disks, based on the End Use Code 41220 found in TradeView™, in 2010 were 22% lower than that in 2007. There has been some fluctuation and in 2011, in so far there has been an overall monthly increase in imports from those seen in 2010, however, the trend of imports over time has gone down. The highest value of imports seen was in October of 2007 with $37.5 million while in October of 2010 there was only $27.7 million.
These new high-tech products are being produced so rapidly and come out with even more functionality than the previous device that even the older high-tech devices seem almost vintage. It makes one wonder; will we have the need for tapes, records and disks in the future, or will the high-tech electronics be all we need?
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