As everyone in the 3PL community knows, 2009 was a tough year as United States import shipments were down 12.5% and TEUs dropped 11.7% when compared to 2008. The outlook does not look promising as 2010 begins as carriers struggle to stay afloat and rumors of rate increases abound. Below is a review of container shipping in 2009.
The total number of import Bills of Lading has a close relationship with TEUs; looking at the top ten U.S. and International ports shows that few ports saw strong years in 2009.
Kevin Palmstein is the Marketing Manager for Zepol Corporation. Zepol is the leading provider of United States trade information. Zepol’s products, TradeIQ™ and TradeView™, provide access to the latest U.S. Import Customs trade data and U.S. Import/Export Census trade statistics respectively. To learn more about Zepol, visit www.zepol.com and read their trade data blog, www.zepol.com/blog.