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PIERS is the leading provider of import and export data at the detailed, bill-of-lading level – a heritage rooted in 40 years of amassing the industry's largest U.S. waterborne trade data set. Every day, on average, the PIERS team processes close to 60,000 bills of lading that are filed with U.S. Customs. Within hours of receipt, we verify, standardize, enhance and load the data into our products so that you can spend your time on business decisions rather than data collection. The PIERS team integrates this transactional trade data with standardized company details so you can also identify imports and exports by company. In addition to U.S. trade data going back to 2003, you can find detailed import and export transactions for 18 international markets and trade statistics for more than 144 countries. Many customers use PIERS as a complement to our aggregated trade data product, Global Trade Analytics Suite
The PIERS three-tier subscription model offers a scalable solution that lets you:
Nearly all of the top 20 ocean carriers, many of the world’s biggest NVOCCs and 3PLs, and transportation, energy, chemical, agriculture and finance companies trust PIERS for their trade data.
Who uses PIERS? | How? |
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Terminals Port Operators |
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Carriers |
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Manufacturers Importers Exporters |
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Banks Insurance companies |
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Government agencies |
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Trade organizations |
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3PLs Freight forwarders Transportation firms |
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When you subscribe to PIERS, you are getting the highest quality data, which our specialists have cleansed, standardized and enhanced through a six-step process.
Step One: Structure
PIERS specialists structure disparate data sources into a single model.
Step Two: Standardize
PIERS specialists normalize various names, abbreviations and codes for ports to a reference set.
Step Three: Validate
PIERS specialists validate voyage information against port entry and exit logs published by U.S. Customs.
Step Four: Code
PIERS specialists parse raw text cargo descriptions into brief commodity descriptions and assign Harmonized System (HS) codes.
Step Five: Calculate
PIERS specialists calculate consistent weight and TEU values across the entire data set, accounting for consolidated shipments, multiple commodities, filings errors and other special cases.
Step Six: Enhance
PIERS specialists use PIERS historical reference sets and algorithms for added value data points – identifying refrigerated cargo, adding company data and more.
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And, we delight in supporting our customers with 24x7x365 customer service and a 98% customer service satisfaction rate.
If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at S&P Capital IQ Pro or S&P Capital IQ