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 | | | | Get premium value
at a competitive price
Most trade information products help you to publicly available statistics that show you what you already know is out there: a market in recession. | | What you really need now is the added descriptive detail and interpolation that clearly show where risks lurk and where opportunities still beckon. You need PIERS TI® trade intelligence, the only online source of comprehensive data on waterborne imports and exports. | | PIERS TI delivers a premium level of information available nowhere else, including: | | - Records of transactions in both directions. | | - Information about global buyers and sellers | | - Details of bills filed manually, as well as those in the AMS system. | | - Number of TEUs shipped. | | - Estimated value of cargoes. | | - Short commodity descriptions. | | - FIVE years of historical data on imports (four years’ history on exports).
| | For a limited time, you can get PIERS TI premium value at an exceptionally competitive price: Click here to open a new, 1-year subscription to PIERS TI at 25% off standard rates.
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| | |  | | | What’s It Worth, Exactly? | | | | PIERS TI® provides estimated values of cargoes.
PIERS uses the values and weights of U.S. Foreign Waterborne Cargo in the U.S. Dept of Commerce, Census Bureau’s Waterborne Foreign
Trade Data to calculate a “value-per-ton factor” for a cargo (dividing its value by its weight). PIERS adjusts the value (based on reference tables it’s built) for such variables as direction of trade (import or export), U.S. coast, country (of origin for imports, destination
for exports), and Harmonized Tariff Schedule (HTS) Code for commodities.
The cargo value estimation is one of many enhancements that set PIERS data apart.
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Trade Insights
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Here's a quick survey of current global marketplace developments ... with tips
on resources you can use to turn them to your business advantage.
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PIERS Market Tip:
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The source of that rotten egg smell can be traced …
The bad odor is only the first, most pungently obvious problem. The sulphur emissions from tainted drywall corrode a building’s metal piping, wiring and air-conditioning coils. Now a growing number of lawsuits claim that the toxic gases from the defective building material — also known as wallboard, gypsum board or plasterboard — also cause bloody noses, headaches and respiratory infections.
... back to imports of defective drywall from China …
The toxic drywall was imported from China. According to consumer advocacy group America’s Watchdog, it may have found its way into any U.S. home built or remodeled since 2001. But the imports surged in 2006 when the home-building boom and post-Hurricane Katrina reconstruction exhausted domestic supplies.
Home-owner complaints first reached critical mass in southwest Florida. The drywall’s stench and corrosive effects seem to be exacerbated by the high heat and humidity of the Gulf states. Certainly, the first flood of lawsuits against the Chinese manufacturers, as well as U.S. builders and suppliers, is rising primarily in Florida, Mississippi, Alabama and Louisiana.
… with PIERS trade data.
The news media first got whiff of this story late last year. From the start, investigative reporters have turned to PIERS trade data to trace the source, size and destination of tainted drywall shipments. (See, for instance, this story in the Herald Tribune.) Now it looks like the lawyers’ turn [see More Resources].
You can access this same information — and more — with PIERS TI® trade intelligence. Here is your online source for detailed records of transactions, information about global buyers and sellers, and FIVE years of historical data on imports.
To learn more about PIERS commercial intelligence, click here
or call us at 1-800-952-3839, ext. 7175.
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PIERS Intelligence@Work:
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Here are the headlines from our most recent newsletter.
Click here to have PIERS Intelligence@Work
delivered to your e-mailbox FREE.
Opportunity Alert Back to Basics
Business
fundamentals make a come-back as sound strategies for weathering the global
financial crisis. Read moreu
Strategic Hit Digging Tool
PIERS
data has been used as an investigative tool to trace defective building
material and uncover the trails of traffickers in contraband cigarettes and
wood. Read moreu
Hot Topic Financing
Trade
Ordinarily the lender of last resort, the U.S. Export-Import
Bank is stepping in with financing to maintain the flow of exports. Read moreu
Snap Shot Still the One …
Waterborne
trade may be slowing … but overall trends remain on course: more U.S. imports and exports will cross the Pacific,
with China
accounting for an ever-growing share. See the
chartu
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PIERS in the News:
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PIERS is the recognized authority on U.S. import-export trade information. Here are recent citations:
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Lloyd’s List coverage of September’s Transpacific Maritime Asia Conference in Shenzhen includes the downbeat U.S. economic forecast provided by PIERS maritime director James Drogalis. Expected dampening of demand coupled with rising fuel costs are prompting shipping lines to cut capacity on Asia-U.S. routes.
Read the Lloyd’s List article >> 
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It’s a good news/bad news story as reported by Manufacturing & Technology News: There was a 17% increase in container exports last year — but those exports were dominated by junk: waste paper and scrap metal top the list of U.S. exports by volume. The report on the Journal of Commerce’s annual ranking of importers and exporters (based on PIERS trade statistics), quotes the JoC’s Peter Leach: “The demand for U.S. products is spreading to smaller manufacturers in the country’s heartland … The trouble with this bright export picture is that as U.S. containerized imports slow, relatively few import containers wind up empty near the sources of U.S. exports.”
Read the story in the Manufacturing News
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A Miami Herald profile of the largest cargo line operating out of the Port of Miami, Seaboard Marine, cites PIERS container carrier statistics. The top container carrier in international trade via Florida ports has just signed a new lease that will bring up to $26-million in capital improvements to Miami port facilities.
Read the story in Miami Herald
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The Star-Ledger (New Jersey), reports a that bumper crop of dried peas and lentils is being exported out of the Port of New York and New Jersey. So far this year, the port’s volume of legume exports is up 425% — a result of UN World Food Program efforts to get protein aid to people in the poorest and most unstable areas of Africa. PIERS is the source for shipment details.
Read the story in The Star-Ledger
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Houston is booming as other U.S. cities are contracting — and not just because the price of oil is up, reports Bloomberg. Growing demand for health care by aging baby boomers and immigrants plus increased port traffic as the declining dollar drives trade are also helping to make Houston metro the country’s top job-producing area. Still, as PIERS statistics bear out, oil and oil-related imports and exports are what keeps the Houston Ship Channel busy.
Read the Bloomberg report
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Click here to read more PIERS in the News items.
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Page Index
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Featured Resource
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Tricks of the Trade
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Market Tip
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Intelligence@Work
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PIERS in the News
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More Resources
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Trade Links
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More Resources
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Authoritative evidence
Years of litigation lie ahead as the damage done by tainted drywall from China is uncovered, documented and remedied. As lawsuits are on the rise, insurance carriers are looking to deflect claims against contractors’ liability policies by categorizing the drywall fumes as “pollution,” which is generally excluded from coverage. So distributors will become a primary target of suits. In addition to the trade data offered online via PIERS TI , PIERS also offers expert consultative services to locate and assemble the authoritative information required to determine potentially responsible parties and establish liability in personal injury cases as well as mass torts and toxic torts. PIERS historical data can be used to map supply chains to identify distributors, OEMs and offshore sources in product liability cases. For more information, call 1-800-952-3839, ext. 7175.
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Expanding horizons
OPIC, the Overseas Private Investment Corp., will be running a special workshop on assistance and opportunities for minority and women-owned businesses in the global marketplace on Sept. 24 in Boston, Mass., and Oct. 22 in St. Louis, Mo. Email to request information.
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SBA recovery aid
The Small Business Administration announced
expanded eligibility for 7(A) loans to spur recovery opportunities. The alternate size standard, effective through Sept. 30, 2010, allows businesses to qualify based on network up to $8.5 million and average net income after federal income taxes for the preceding two completed fiscal years up to $3 million. This
SBA News release
summarizes the tax incentives and credit stimulus elements of the American Recovery & Reinvestment Act that specifically target small businesses.
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NEW! |
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Piers Expands Subcontinent Coverage
announced
it has expanded its international import-export database resources to include
coverage of water- and airborne cross-border commerce to and from Pakistan and Sri Lanka. For more information
about PIERS international trade databases, go to www.piers.com
or call +1 800 952 3839, ext. 7175.
Free Downloads
TransPacific Trade SnapShot
The U.S. may be buying less from overseas —
but PIERS predicts that more of what it does buy will be coming from across the
Pacific (from 75.8% in 2008 to 78.1% of total imports in 2010); and China’s
already substantial share of U.S.-TransPacific
imports will grow from 64.4% in 2008 to 68.6% in 2010. Similarly, more of U.S. exports
will be shipped across the Pacific (from 57.1% in 2008 to 59.4% in 2010). While
China’s share of U.S.-TransPacific exports fell in
2007, it began growing again in 2008 (34.1%) and is projected to reach 38.7% by
2010.
Click here to download the complete PIERS
Sector SnapShot TransPacific
Trade 2008, a statistical summary of U.S. container trade with
this region.
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Trade Links
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More global trade information sources:
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UBM Global trade, PIERS parent company
The Journal of Commerce, PIERS affiliate
Official Export Guide,
PIERS affiliate
Custom House Guide,
PIERS affiliate
Alibaba
Bankers’ Association for Finance & Trade (BAFT)
CalTrade Report
Export-Import Bank of the U.S.
Federation of International Trade Associations (FITA)
Management Dynamics
NEXCO
Southern U.S. Trade Association (SUSTA)
Thomas Global Register
U.S. Customs
U.S. Government Export Portal
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