SOURCE: Zepol Corporation

Zepol Corporation

July 11, 2012 10:32 ET

Zepol Reports June Vessel Imports Drop 3.7%

U.S. Vessel Imports Are Down From May, but up From June of 2011 by 4.4%

MINNEAPOLIS, MN--(Marketwire - Jul 11, 2012) -  Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for June, measured in TEUs, was down 3.7% from May, but is up 4.4% from June of 2011. Similarly, Q2 of 2012 has topped last year at this time by 4.7%. Although there was a drop from last month, June had the second highest TEU imports so far this year, outdoing January by a slight 1%. Last year saw a comparable trend in the summer months with a moderate dip in June, but spikes in July and August.

A Closer Look at U.S. Imports for June:

1. Exporting Countries- The majority of Asian countries saw a minor drop in shipments to the United States; China decreased by 0.03% from May and similar percentages were seen from South Korea and Japan. Germany, on the other hand, had a fairly large drop of 12.9% from May. On a different note, Brazil and Chile both rose in exports to the United States in June by 14.3% and 7.2%, respectively.

2. U.S. Ports- Seven of the top ten ports dropped in TEU imports in June. The ports of Los Angeles and Long Beach decreased in imports from May by 5% and 3.7%, respectively. The Port of Seattle had the highest import increase of the top ten by 2.2%. Another notable increase was seen from the Port of Miami, which rose 4.8% last month. For Q2 of 2012, the Port of Tacoma had a giant import spike of 23.3% from Q2 of 2011.

3. Carriers- Similar to countries and ports, most VOCCs (vessel operating common carriers) were down in TEU imports in June. Maersk Line saw a 6.6% decrease in imports and Mediterranean Shipping Company also dropped 8.6%. Conversely, China Ocean Shipping Company and Orient Overseas Container Line both rose over 8% from May. For total Q2 numbers, Maersk Line and CMA CGM take the cake for the largest import increases; Maersk rose 16.9% from Q2 of 2011 and CMA CGM was up 18.5%.

About Zepol Corporation:
Zepol Corporation is a Minnesota-based company that works to provide the most complete and up-to-date U.S. trade data with our subscription tools: TradeIQ™, TradeView™, and ComplianceIQ™. This release's data excludes shipments from empty containers, excludes shipments labeled as freight remaining on board, and may contain other data anomalies.

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