Datamyne
User:

Pass:

Forgot Password?

Production Maintenance Announcement - Descartes Datamyne Friday, September 20, 2019 – Please be advised that Descartes Systems Group will be performing maintenance starting on Friday, September 20 at 19:00PM GMT and ending at 20:00PM GMT.  This maintenance is to update the Linux Servers. Descartes Datamyne will be briefly unavailable during this time frame. Questions or concerns can be directed to the [email protected] Please reference CHN-9464.

Mac Users: Datamyne requires adjustments
to your browser's security settings.

View instructions HERE

Minimum system reqs for Datamyne 3.0:

IE 11 or higher, and current versions of Chrome, Firefox, and Safari are fully supported. Your browser must have JavaScript enabled. Please clear your cache if upgrading from 2.1. You may need to adjust security settings to enable Excel downloading.

If you are having trouble logging in, please
CLICK HERE

Call 833.262.2315

Datamyne Blog

Covering trade & transport, with tips on using import-export data to advantage

US Importer Supply Chains Disrupted by Hanjin’s Bankruptcy

Category: Transport

The bankruptcy of Hanjin Shipping has left thousands of TEUs in cargos at sea, with Hanjin vessels being turned away from ports of entry or, as reported by CNBC, seized in Chinese ports.

Ranked sixth in market share for Asia-North America shipping routes in first-half 2016, according to Datamyne trade data (as cited by Reuters), Hanjin Shipping’s abrupt exit from oceangoing commerce comes just as the peak shipping starts to ramp up. US retailers are asking the government to step in to help sort out a cargo snarl that “could have a substantial impact on consumers and the economy at large,” reports the Wall Street Journal.

We looked at our maritime trade data to identify the US importer supply chains disrupted by Hanjin’s bankruptcy. We focused on data drawn from the bills of lading for the carrier’s cargos arriving in US ports between August 1 and August 20 (trade data does not cover shipments in transit). According to this data, Samsung Electronics, with a steady flow of shipments from operations in Asia to its US-based companies, is both the top shipper and consignee using Hanjin Shipping US import routes. Here are the top 5 shippers and consignees ranked by volume of shipments in TEUs (20-foot-equivalent units, the standard measure of containerized trade):

Update 6 September 2016: Our original table provided accurate TEU counts, but transposed some percentages. We’ve replaced it with this updated table based on trade data for the full month of August 2016: Update 13 September: One last blog update of top shippers/consignees (adjusted data August 1-September 3) posted today. Get more Hanjin Shipping data at https://www.datamyne.com/hanjin-shipping-latest-trade-data-and-free-reports/

Update 13 September: One last update of top shippers/consignees (adjusted data August 1-September 3) posted today. Get more Hanjin Shipping data at https://www.datamyne.com/hanjin-shipping-latest-trade-data-and-free-reports/

Breaking out the same data by Harmonized System of tariff codes, the furniture and bedding category (HS94) accounts for the biggest share by TEU volume of Hanjin’s cargos arriving at US ports August 1 through 20, followed in order by the codes that cover energy-generating machinery, appliances and electronics (HS84); electric machinery, sound and TV equipment (HS85); apparel (HS61); and toys, games and sporting equipment (HS95).

US importer supply chains disrupted by Hanjin's bankruptcy

The table below summarizes what the data reveals about the top consignees within each of these product categories. Samsung is still prominent, but other importers emerge as category leaders, such as Coaster of America in the furniture category, Hanes Brands in apparel, and Microsoft in games.

US importer supply chains disrupted by Hanjin's bankruptcy

We’ll continue to track and share the trade data on US importer supply chains disrupted by Hanjin’s bankruptcy. But if you need more data about a specific shipper, importer or product category, just ask us.

 

Date posted: September 2, 2016

Share

Comments are closed

Chat
Request
Demo