Posts Tagged ‘Gavin Carter’

Cargo Import Volume Expected to Show Modest Growth

May 15, 2012

NVOCC-Arranged Import Market Remains Uncertain Even As It Outpaces Overall U.S. Inbound Ocean Liner Market, Says PIERS Report

Imports of shipped cargo will continue to show modest growth in 2012 while the outlook for cargo shipments arranged by Non-Vessel Operating Common Carriers (NVOCCs) remains uncertain, according to the “PIERS NVOCC Market Report– Import Market Dynamics 2011 vs. 2010.” The report, however, notes that NVOCC-arranged imports showed higher growth than the overall U.S. inbound ocean liner market.

NVOCC-arranged import volume grew 2.8 percent in 2011, while traditional carrier cargo volume grew by 2.2 percent, the report adds. Likewise, NVOCC-associated cargo value in 2011 increased by 1.9 percent compared to an overall containerized import cargo value increase of 1.7 percent. In relative terms, NVOCC market share showed the largest gains in the Oceania trade (+18.1%), West Coast South America (+15.5%) and Central America (11.9%) and NVOCC cargo value market share increased in seven of the fourteen trade regions.

The report further shows that while NVOCC growth is positive, the industry has slowed considerably from its performance between 2006-2010. It adds that the remainder of 2012 is not expected to show markedly better performance for the NVOCC industry as global growth is forecasted to range from between 2.5 percent and 4.2 percent with ocean cargoes suffering another year of only marginal growth.  The report emphasizes, however, that the performance of the NVOCC industry in the coming years will hinge on whether shippers will prefer to work more with NVOCC and other third-party logistics providers during down times than during periods of higher growth.

“In general, the report shows NVOCCs faced a thinner market in 2011 than in 2010, and global growth forecasts show 2012 will not be much different,” said PIERS Executive Vice President, Gavin Carter. “Because PIERS has been documenting the NVOCC involvement in the market since 2002, we can offer detailed business intelligence to the container shipping industry with highly targeted insights on NVOCC participation.”

The report enables users to track import growth of NVOCCs in the U.S. and around the world. It includes both aggregate NVOCC industry and individual NVOCC company market share by major trade region, volume, value of trade and carrier (VOCC) association. These assessments offer a view of performance over time so the U.S. can compare NVOCC performance with overall market growth. The report is available for a complimentary download or by visiting www.piers.com/NVOCCMarketReport.

The PIERS NVOCC Market Report series is intended to be a catalyst that will spark dialogue and build a greater sense of community within the waterborne transportation industry. Visit www.piers.com/transportation for more information, or join us on Facebook, LinkedIn, and Twitter to discuss these findings.

Embed the Power of JOC Sailings Directly into Your Existing Website

January 18, 2012

The Journal of Commerce announced today the launch of a White Label version of the popular sailing schedules website www.jocsailings.com.

Published by The Journal of Commerce (JOC), JOC Sailings White Label allows customers to embed the most comprehensive database of sailing schedules into their own website. Searches performed on a customer’s website, query the JOC Sailings database and return results directly on the customer’s site, integrating with their existing design and branding.

This new product is ideal for any industry player with a touch-point in moving containerized, ro/ro, breakbulk or reefer cargo.  JOC Sailings White Label is flexible and customizable, offering a choice of search features and a definable range of sailing schedules.  Incorporating a search function and results grid designed to match the look and feel of the customer’s website, JOC Sailings White Label lets customers immerse their visitors in a rich search environment from within their own site.

“I am really excited to offer this cloud based solution to integrate the power of JOC Sailings into the websites or online products of those involved in the international supply chain. The JOC has a rich history of publishing sailing schedules and to now be able to offer customers the ability to integrate up-to-date global schedules into their own product offerings, speaks volumes to our focus on customer needs and the new product development underway within our group.” said Gavin Carter, CIO of UBM Global Trade. “This is just one of several ways we are pushing out new technology services to the shipping industry.”

The Journal of Commerce has published sailing schedules throughout its illustrious history and launched the JOC Sailings brand in 2008 to effectively distribute up-to-date sailing information online. For more information or to request a demo from a JOC Sailings solutions experts, visit www.jocsailings.com.

PIERS Supports the World Trade Center Africa Initiative

October 13, 2011

Mochron Investments, the holding company of the World Trade Center Africa Initiative (an initiative which consists of the ownership and operation of a network of World Trade Centers in sub-Saharan Africa), is now using global trade intelligence from PIERS, the Standard in Trade Intelligence, to accelerate international trade with Africa.

A few visionary individuals supported by various governments and private sector companies across Africa and Europe, have embarked on creating successful operating World Trade Centers across Africa. These World Trade Centers function as an integrated Pan-African Network of centers of excellence with a common goal–to develop trade with Africa.

With the hub of The World Trade Center Africa Initiative in Cape Town, South Africa, the main purpose of the centers is to stimulate local economies and provide a platform for companies of all sizes to gain access to international markets. Mochron’s ultimate goal is to increase trade with Africa by 1%. This will potentially generate US$70 billion, which is three times the amount of aid Africa currently receives from the G8 countries.

The current countries that are benefiting from the World Trade Center Africa Initiative are; South Africa (WTC Cape Town and Johannesburg), Botswana (WTC Gaborone), Burundi (Bujumbura), DRC (WTC Kinshasa), Kenya (WTC Nairobi), Mozambique (WTC Maputo), Namibia (WTC Windhoek), Rwanda (WTC Kigali), Tanzania (WTC Dar Es Salaam), Uganda (WTC Kampala), Zambia (WTC Lusaka) and Zimbabwe (WTC Harare).

Top African Markets for U.S. Waterborne Exports

Top Sources of U.S. Waterborne Imports from Africa

The African Network of World Trade Centers forms sophisticated links between businesses across Africa that serve a diverse range of economic sectors. These sectors include: mining, energy, construction, agriculture, tourism, finance, communication, logistics, health, and technology.

It aims to support the Small Medium Enterprises of Africa, which is the primary economic driver to develop jobs and stimulate a consumer driven economy. These enterprises typically suffer from a lack of access to growth capital, a lack of understanding of, and access to international markets and frequently experience large corporate and foreign company exploitation. These are among the primary elements that The World Trade Center Africa Initiative seeks to address, thus helping the local companies to sell more of their products and services abroad. This will enable them to grow their businesses in the region of a World Trade Center presence and to employ more human resources in these regions. It achieves this objective by engaging with more than 300 other World Trade Centers globally and thereby developing new markets for its clients.

To support Mochron’s efforts, two key trade intelligence solutions from PIERS, PIERS Prospects™ and PIERS StatsPlus™ are being implemented across the centers as the basis for their strategic planning efforts. Using Prospects, the centers will gain access to actionable intelligence, which connects companies importing and exporting goods, as well those companies servicing importers and exporters. StatsPlus combines international trade statistics with market specific trade information to provide a global picture of commodities being traded as well as the companies importing and exporting them.

Gavin Carter, Executive Vice President of PIERS said, “The formation of this partnership between PIERS and the World Trade Center Africa Initiative complements our other ongoing initiatives in emerging markets and partnering with economic development organizations. Over the past year, PIERS has been focusing heavily on understanding new problem domains and developing technology and solutions to help address these. Africa’s growing role is at the forefront of these developments, which makes this partnership not only rewarding, but exciting as well.”

Julius Steyn, CEO of Mochron Investments said, “This collaboration between the strategic partners – PIERS and Mochron Investments, will propel Mochron Investments and the World Trade Center Africa Initiative to new heights and will significantly aid in reaching Mochron’s 1% goal for increasing trade with Africa.”

Learn more about how PIERS can help grow your organization.  Register for a product demo today.

PIERS Explores Major Economic Drivers of U.S.-Brazil Trade

April 13, 2011

U.S. exports to Brazil surged in 2010, over 43% from the previous year, according to Jeff Campbell, PIERS Vice President. Campbell presented as a subject matter expert on trade between Brazil and the U.S. at last week’s Intermodal South America Conference in Sao Paulo, Brazil, widely considered a leading event for international trade, logistics, transport and cargo handling in Latin America.

Campbell detailed forecasts and challenges derived from PIERS data regarding imports, exports, carriers, ports and commodities. The presentation revealed growth over 2010 due to stabilization politically and economically in both countries. Trade was robust in tires and automobile manufacturing, and major Fortune 100 companies (Dow Chemical, Caterpillar and EI Dupont) continue to concentrate business in Brazil. Campbell surmised trade in 2011 and 2012 will show modest growth, despite concerns over Middle East unrest, oil prices and other political and economic factors such as the fall out from the Japanese earthquakes and tsunami and the continuing Libyan conflict.

Participation at the Intermodal South America Conference highlights PIERS’ role as a leading provider of global trade intelligence with expertise in the Latin American market. PIERS released a Spanish version of PIERS TI, their popular trade intelligence solution, last month and offers trade data solutions for all major Latin American economies. PIERS TI is an online, import/export database providing immediate insight into the details of global trade transactions. The raw data feed from U.S. Customs is rapidly updated and standardized daily, allowing immediate access and instant analysis of the markets that matter most to your business.

PIERS, JOC Exchange, and JOC Sailings, PIERS’ sister companies also exhibited at the event. PIERS was on site providing demonstrations on a variety of their trade intelligence solutions. JOC Exchange was demonstrating their new technology platform which connects spot market buyers and sellers of container capacity. This web-based platform introduces automation and efficiency to a process historically managed via faxes, e-mail and phone calls. PIERS, JOC Exchange and JOC Sailings will continue to expand their business solutions into the South American market.

Gavin Carter, PIERS Executive Vice President, said, “I am proud that PIERS plays such an important role in the trade relations between Brazil and the U.S. as well as the rest of South America.”


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