1 / 6

Long Island Import Export Association May 15, 2008 Export Trends

Long Island Import Export Association May 15, 2008 Export Trends. Trends in Ocean Export Transportation. Space Crunch 20% increase in export volume Reduced vessel size (larger vessels moved to more lucrative trades) Huge shift from bulk to containerized movement for agricultural products

jalia
Download Presentation

Long Island Import Export Association May 15, 2008 Export Trends

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Long Island Import Export AssociationMay 15, 2008Export Trends

  2. Trends in Ocean Export Transportation • Space Crunch • 20% increase in export volume • Reduced vessel size (larger vessels moved to more lucrative trades) • Huge shift from bulk to containerized movement for agricultural products • Decreased import volumes = limited availability of empty equipment • Increasing Rates • Equipment Imbalance Surcharge ($300/cntr – Midwest to TPWB) • Special Equipment Premium ($300/cntr – TAEB) • GRI ($350 to $500/cntr – Latin America) • Emergency BAF ($300/cntr – TPWB) • Outlook • Falling dollar likely to keep exports strong • Growth expected to continue through remainder of this year • Fuel increases continue to be a major rate component

  3. Trends in Ocean Import Transportation • Capacity Management • 15% decrease in yoy volume reported at major ports • Vessel re-deployment cuts capacity • Increasing Rates • Floating Bunker Adjustment Factor (all trades) • GRI (Trans-Pacific) • Intermodal Fuel Surcharges (all trades) • Outlook • Falling dollar likely to keep imports weak • Uncertainty over retail outlook for Fall 2008 • Contracts • Some breaks among carriers on selected business • Limited contracts executed in the industry (30% of BCO’s, almost no NVOCC’s)

  4. Trends in Air Import Transportation • Traditional Business Lagging • Fashion, Retail; Imports • US Imports Remain Dominant • Non-Traditional Business Offsetting Some Losses • Pressure on Ocean Leads to Increased Use of Air • Decreasing Rates • Traditional Strong Markets Showing Weakness • Asia –to- USA Drives the Industry • Much of ATA Decreases offset by Rampaging Fuel Surcharges • Outlook • Falling dollar likely to keep exports strong • Growth expected to continue through remainder of this year • Fuel increases continue to be a major rate component

  5. Trends in Air Export Transportation • Tonnages Surging in Some Sectors • Weak Dollar Drives Exports • Lack of Ocean Equipment = Routing Factor • Surging Surcharges • Class Actions Raise Doubts • Carriers Showing Flexibility on Exceptional Shipments • Steadying Rates • Over-Capacity Remains • Outlook • Falling dollar, Growth to Continue, Fuel will continue to define overall cost

  6. Trends in Air Freight – Unprecedented Security Applicable (only) to Cargo Transported on Passenger Aircraft • Today = Screening Mandate = 10% • March 2009 = Screening Mandate = 50% • August 2010 = Screening Mandate = 100% • Certified Shipper Program • TSA Verification of Shipper’s Location(s) • Employee Screening • Indirect Air Carrier (IAC) Training • Certified Cargo Screening Facility • 3rd Party Transactions, Performing Above Services

More Related