Imports Down from May, Up From Last Year, Zepol Says
Zepol said 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. As a result, it said Q2 of 2012 topped last year by 4.7%. Despite the drop…
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from last month, June had the second highest TEU imports so far this year, outdoing January by a slight 1%, its market intelligence report said. Most Asian countries had a minor drop in shipments to the U.S. -- China decreased by 0.03% from May and the figures were similar for South Korea and Japan, it said. Germany dropped 12.9% from May, but Brazil (14.3%) and Chile (7.2%) both rose in exports to the U.S.. 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, 2.2%. Zepol said most VOCCs (vessel operating common carriers) were down in TEU imports in June. Maersk Line had a 6.6% decrease in imports, and Mediterranean Shipping Company dropped 8.6%. But China Ocean Shipping Company and Orient Overseas Container Line both rose over 8% from May.