PIERS

The PIERS Capacity Utilization Report:
First Half, 2011

Capacity utilization or the matching of supply with demand is a critical factor in the determination of both long-term contract freight rates and short-term spot freight rates. Capacity utilization or the “load factor” is therefore indirectly associated with carrier and shipper profitability. Typically, long-terms contract freight rates are guided by projections of container trade demand and the likely availability of supply. Where demand growth projections overtake supply growth, contract freight rates will tend to rise. Short-term spot rates are similarly affected. Where space aboard container carrying vessels is tight, spot freight rates will tend to climb.

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About PIERS

PIERS is the most comprehensive database of U.S. waterborne trade activity in the world providing information services to thousands of subscribers globally. Our business intelligence tools and solutions are based on a unique infrastructure and proprietary technology that allows PIERS to not only publish import data, but also complete coverage of U.S. export transactional data.

PIERS has a wide variety of products and solutions geared towards NVOCCs/freight forwarders, ocean carriers, railway carriers, ports and many more markets. Is your business looking to generate sales leads? Research import and export trade activity? Analyze cargo volumes and flow? Study market shares? These are just some of the solutions we provide through our proprietary product lines. Visit www.PIERS.com/transportation for more information.

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PIERS Transportation - Whitepaper

The PIERS Capacity Utilization Report: First Half, 2011

About PIERS

The PIERS Capacity Utilization Report:
First Half, 2011