U.S. Ocean Container Exports Jump 12.5% in April for 19th Straight Increase, JOC/PIERS Figures Show

NEWARK, N.J., June 8, 2011 /PRNewswire/ -- U.S. containerized exports jumped 12.5 percent, year-over-year, in April, to a total of 1,076,113 20-foot equivalent units, the 19th consecutive monthly year-over-year expansion for U.S. exports, said Mario O. Moreno, economist for The Journal of Commerce and PIERS. The growth comes after a 13.9 percent year-over-year growth in March and left U.S. containerized exports up 12.3 percent through the first four months of the year.

"Despite a cooling in the manufacturing sectors of China and other key U.S. markets, U.S. containerized exports continued growing by a double-digit pace, partly aided by a weak U.S. dollar whose foreign value against a basket of major currencies fell again in April, this time by 1.8 percent over the average of March," said Moreno.

Gains were mostly driven by demand for paper and paperboard, up 12 percent or 15,766 TEUs; fabrics, including raw cotton, up 33 percent or 10,005 TEUs; and logs and lumber, which grew by 34 percent or 9,064 TEUs. Outbound shipments of motor vehicles displayed remarkable gains as well, jumping by 40 percent to a total of 40,526 TEUs. On the downside, pet and animal feeds fell by 19 percent or 10,420 TEUs, to a total of 43,711 TEUs.

Paper and lumber exports to China rose 12 percent or 24,068 TEUs to a total of 219,243 TEUs. Demand for paper and paperboard was up 22 percent, logs and lumber rose 90 percent. Increased bottle water demand in the aftermath of Japan's natural disasters fueled a spike in non-alcoholic beverage exports of 204 percent to a total of 5,684 TEUs.

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, Trans-Pacific and Trans-Atlantic 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 is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of UBM plc, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore www.ubmglobaltrade.com or call 800-952-3839 (+1-973-776-8660 outside the U.S. or Canada).

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

SOURCE The Journal of Commerce

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