Top 100 US Importers

Top 100 US Importers

Some of the fastest-climbing companies on the JOC’s Top 100 Importers share a common trait: They either partner with or are part of a conglomerate that allows them to create synergies of scale.

Consider the fruit and vegetable importers at seventh-ranked Chiquita Brands International and Dublin, Ireland-based Fyffes, whose Sol Group Marketing unit is ranked 41st. A $559 million Chiquita-Fyffes stock-for-stock merger transaction has been in the works since March and awaits European Union regulatory approval. Their global headquarters would be in Dublin, but the majority of the combined C-level executives will be located in Chiquita’s hometown of Charlotte, North Carolina. Chiquita owns ocean carrier Great White Fleet.

Elsewhere in the rankings, retailers and their suppliers dominated the Top 100 Importers, as they have over the past decade since this ranking was developed.

News & Analysis

12 Sep 2014
Weak global demand is hurting U.S. containerized exports, while a reviving U.S. economy is aiding imports. A larger long-term trade imbalance is the likely result, Cass says.
 Thomas Lorenzo, import ocean logistics manager, Lowe’s, speaking at the JOC’s TPM conference on March 5.
06 Mar 2014
The home-improvement retailer Lowe’s is reducing its equipment costs and avoiding the chassis shortages that are plaguing cargo interests at a number of U.S. ports by leasing a dedicated fleet of chassis in its South Atlantic operations.

Commentary

Executive Editor Chris Brooks discusses what shippers are seeing, as revealed in recent surveys.