It has been confirmed that shipping lines will see container volumes increase for companies importing into the USA, as we predicted in our blog last month ‘US imports experiences highest volumes in six years’.
This large increase in volumes for shipping companies, estimated at about a 5.1% increase, is in direct relation the to US companies increasing their inventories for the pre-holiday surge. It has always been a time that shipping companies experience a high for importing into USA, but thanks to the continued resurgence of the financial market, volumes have increased larger than previous years.
According to a report from Global Port Tracker the largest ports in the USA have handled 1.4 teu for goods that are destined for the shopping malls in July; this is a direct increase of 1.1% from the previous year for imports into USA. This is another sign that the financial stability is coming back into companies and the consumer that is buying the products. Looking into the months on from July, August has seen an even more dramatic increase against last year’s figures with a 4.1% increase. October is forecast to have an increase against last year of nearly 9%.
With all these impressive figures that shipping lines are releasing for the US economy, it is highlighting the fact the country as whole is on the up turn. This in turn means importing from USA is going to increase for worldwide companies, as the US begins to increase the production of its products fuelled by the economic increase. Eclipse Worldwide is well placed to assist you with any exporting or importing from USA that you may have as result of the new economic increase. Even if it is just at the enquiry stage we will be more than happy to advise the best methods to move your products, to give you an idea of leads times and costs.