News
11.09.29
Japan Customs Sets out on Japan Import Cargo Security Control
The Customs and Tariff Bureau （CTB）, Ministry of Finance of Japan, the governmental body in charge of all matters relating to Customs administration and tariff policy, has recently published its...
11.09.27
IRA Lines Unveil Rate Restoration Plan
Informal Rate Agreement （IRA） lines have announced they will implement on a voluntary basis a rate restoration of US$250 per TEU and $500 per FEU on shipments moving from Japan to the Middle Eas...
11.09.27
Korea Delays Enforcement of Advance Manifest System
The Korea Customs Service （KCS） will enforce the Advance Manifest System （AMS） from December 1, 2011 for maritime export cargo and air export/import cargo. The Korean version Automated Manifes...
11.09.26
Container Throughput Remains Powerful in August in China, South Korea
In August 2011, a total of 14,457,800 TEUs of containerized shipments were transported to and from China, going up 10.1% year on year, according to a report compiled recently by the Ministry of Tr...
11.09.22
China Relaxes Market Access Conditions for Foreign Carriers
China's Ministry of Transport （MOT） announced Tuesday that it has moderately eased market access restrictions for wholly foreign-funded shipping lines under the Circular on Strengthening the Adm...
11.09.15
Trade Facilitation WG Proposes Easier Trade Formalities, AEO System Improvements
The Customs and Tariff Bureau of Japan’s Ministry of Finance’s (MOF) and the Trade Facilitation Working Group, a unit under its Council on Customs, Tariff, Foreign Exchange and Other Transactions,...
11.09.13
FMC to Propose Index-Linked Service Contract Rules
At its meeting last week, the U.S. Federal Maritime Commission (FMC) voted unanimously to move forward with a recommendation by the Container Freight Index and Derivatives Working Group to initiat...
11.09.12
Asia/Europe Box Traffic Rises But Freight Index Slips in July
Container movement grew steadily in both directions on the Asia/Europe trade in July 2011, according to Container Trades Statistics Ltd. of the U.K. Westbound shipments from Asia to Europe increas...
11.09.08
Think-tank Report Assesses Need of Logistics Subsidiaries
A recent survey revealed that enterprises that own in-house logistics service providers feel that it is not very necessary to have such subsidiaries in their groups. However, it was also indicated...
11.09.07
Europe-based Container Index Goes Live from Sept. 1
The World Container Index, the first Europe-based assessment of container freight rates, went live on schedule on September 1, 2011, ushering in a new era of price discovery and risk management so...
