Containerized Ocean Trade Recovery Seen in Trans-Pacific, PIERS Global Intelligence Solutions Economist Analyzes Forecast in The Journal of Commerce

NEWARK, N.J., March 1 /PRNewswire/ -- Growing Trans-Pacific trade is leading the way toward long-awaited recovery in containerized ocean shipping, PIERS Global Intelligence Solutions wrote in a forecast for 2010 published in the March 1 edition of The Journal of Commerce.

(Photo:  http://www.newscom.com/cgi-bin/prnh/20100301/NY62332 )

PIERS economist Mario O. Moreno, in a report on the cover of The Journal of Commerce, projects total U.S. containerized ocean imports will grow 9.1 percent this year after a steep decline in 2009. The forecast projects containerized imports on the Trans-Pacific trade lanes will grow 12.1 percent in 2010.

Coinciding with The Journal of Commerce's 10th Annual Trans-Pacific Maritime Conference, the analysis is matched with an exhaustive Special Report on the trans-Pacific market, utilizing exclusive PIERS data that delves into performance of ports and carriers engaged in the market, and will examine shipper-carrier relationships, West Coast port expansion and the ever-controversial U.S.-China relationship. 

To view daily news visit www.joc.com. For all media enquires, including article reprints, please contact Editorial Director Paul Page.

Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.

To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as a 10% discount on all JOC Events and trade shows, UBM Global Trade Directories and select PIERS products. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Transpacific and Transatlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.  

About UBM Global Trade - UBM Global Trade, formerly Commonwealth Business Media, Inc., has been the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide since 1827. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, The Journal of Commerce Conferences, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in East Windsor, NJ, with offices throughout the United States and in Canada and Hong Kong. For more information, explore www.ubmglobaltrade.com or call 800-221-5488 (+1-609-371-7700 outside the U.S. and Canada).

About United Business Media Limited - UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring, and the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries is organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com.

CONTACT:  Paul Page, The Journal of Commerce, Editorial Director, +1-202-355-1170, [email protected]

SOURCE The Journal of Commerce

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