Global shipments into U.S. Jumped Last Month

Panjiva, a global trade intelligence provider, reports that trade activity experienced a healthy bump from February to March. Specifically, the number of waterborne shipments coming into the U.S. experienced a 14% month-over-month increase from February to March. This compares favorably to previous years’ February to March changes (+4% in 2011, +3% in 2010, +9% in 2009, -6% in 2008).

The number of global manufacturers shipping to the U.S. also went up — 6% — from February to March. February-to-March changes in previous years: -0.2% in 2011, +3% in 2010, +2% in 2009, and -5% in 2008.

The percentage of significant manufacturers on the Panjiva Watch List remained at 19%. Those are companies that have suffered a 50% or greater decline in volume shipped to American customers in the most recent three month period, versus the same period a year ago.

The percentage of significant buyers having done business with a Watch List supplier in the preceding three months also remained at 26%. “Significant manufacturers” are companies that have sent 10 or more shipments to American customers within the last year. As of the end of March, Panjiva identified 93,587 significant manufacturers.

Related Editorial:

Labor Concerns, Sourcing Strategies Shifting

2012 Shipments and Shippers to U.S. Down

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