Posted by Chelsea Craven on Friday, April 27, 2012
Category: General | News
When asked the question above, the majority of people immediately think of China. Rightfully so, as the U.S. imports about 45% of total containerized imports from China, and this number has remained flat for the past five years. What may come as a surprise, however, are all of the other top countries that supply goods to the United States. Germany, for example, is the fourth country on our list for inbound TEUs and accounts for about 3% of all U.S. imports.
See the top 20 countries of origin for U.S. vessel imports in Zepol's list below:
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Posted by Chelsea Craven on Monday, May 16, 2011
More than two months have passed since the devastating earthquake and tsunami hit the northeast coast of Japan. Among the many aftereffects, shifts in the global supply chain have impacted businesses and people worldwide. The damage to Japanese ports, vessels, and factories has been grave. As expected, U.S. imports from Japan took a dive from March to April, decreasing 13.22%. Below is a graph of U.S. imports from Japan for the past 2 years.
A breakdown of Japanese ports illustrates that while many ports posted a decrease in exports to the U.S., others have actually increased exports since March. The Port of Sendai, in particular, is the port that was closest to the disaster area and worst hit; reports indicate that it will likely take many months for the port to resume activity. The ports of Kobe and Osaka, conversely, managed to increase TEUs exported to the U.S. by 10.52% and 11.02% respectively from March to April. Below is a chart showing the top 10 Japanese ports.
Posted by Brendan Sherman on Monday, March 28, 2011
Category: General | News
The earthquake and tsunami in Japan have shown the effect that one country can have on international commerce. The global shipping industry has certainly felt a significant impact due to the damages done to many of the Japanese shipping ports.
According to Zepol’s TradeIQ™
application, Japan had 325,226 shipments that entered U.S. ports in 2010, accounting for roughly 3.5% of all ocean borne shipments entering the United States for that year. The Port of Sendai, which shipped almost 16,000 TEUs to the U.S. in 2010 (over 2% of the total TEUs brought from Japan to the U.S), was just one of the ports that was greatly devastated by these natural disasters. Imports and exports from Sendai have come to a halt, and only on March 18 was the port opened for the delivery of relief supplies. It is predicted that the recovery process for many of the damaged ports will take weeks, if not months.
Because Japan is a world leader in the production and distribution of electronic components, machinery, and automobiles, the damage done to its ports will undoubtedly have a worldwide effect. To help in the recovery of the Japanese infrastructure, please consider contributing to the American Red Cross by clicking the link below: