News
In November 2010, 1.116 million TEUs of containers were traded from Japan and 17 other Asian economies to the U.S., according to the Japan Maritime Center (JMC).
Thanks to the briskness in the Christmas selling season and the recovery of the auto market in the U.S., they represented a year-on-year increase of 13.3%, establishing the third highest November throughput ? after 2006 and 2007.
The JMC, which compiles monthly reports on container movement on the Asia/U.S. trade from statistical data provided by PIERS of the U.S., added that westbound shipments from the U.S. to Asia rose 7.5% to 555,000 TEUs, exceeding the 550,000-TEU mark for the second consecutive month.
Containers from Asia to the U.S. improved from a year earlier for 12 months in a row. In particular, they amounted to more than 1.1 million TEUs in seven months of the last 12 months, indicating they were on a recovery track.
Meanwhile, inbound boxes from the U.S. to Asia were smaller year on year from May to September, but began to pick up in October. As a consequence, outbound shipments from Asia to the U.S. went up 16.3% from a year earlier to 12.088 million TEUs in the 11 months from January to November, and inbound shipments, 4.3% to 5.684 million TEUs.
