News

 

25.08.08

Foreign-Trade Containers to/from Shimizu Increase 2.4% to 35.5K TEUs in July

The Port of Shimizu in central Japan handled 35,521 TEUs of foreign-trade containers in July, up 2.4%, a year-on-year increase for the fifth straight month, according to the Shizuoka Prefectural Go...

25.08.07

NCFI Plunges 20.5% MoM in July

The composite Ningbo Containerized Freight Index (NCFI) averaged 1,183.7 points in July, down 20.5% from June and 56.7% from July 2024, according to the Ningbo Shipping Exchange (NBSE). On the sele...

25.08.06

KCCI Decreases 3% as Ex-Busan Rates Fall to US, Europe, Elsewhere

The latest KOBC Container Composite Index (KCCI) quoted 2,131 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The index fell 3.09% from a week earlier as spot rates f...

25.08.05

NRF Issues Statement, Demanding Lower Tariffs

The National Retail Federation today issued a statement from its executive vice-president of government relations, David French, following U.S. President Donald  Trump’s announcement of new ta...

25.08.04

WCI Declines 1% in Week 31

Drewry's World Container Index (WCI) declined only 1% in Week 31 and continued to stabilize after a volatile period. Unpredictability began after U.S. tariffs were announced in April, which caused ...

25.08.01

Gantry Crane to be Operated by Remote Control for 1st Time in Japan

Yokohama Kawasaki International Port Corp. (YKIP) and JFE Engineering, a Tokyo- and Yokohama-based engineering company, will operate a gantry crane by remote control on a trial basis at the Port of...

25.07.31

UP Agrees to Acquire NS

The Union Pacific Railroad (UP) announced on Tuesday that it had reached an agreement to acquire the Norfolk Southern Railway (NS) in a deal worth $85 billion. The merger would create the United St...

25.07.30

SCFI Falls for 7th Consecutive Week as Ex-Shanghai Rates Remain Weak

The composite Shanghai Containerized Freight Index (SCFI) came to 1,592.67 points in Week 30, down 3% from the previous week as spot rates for container exports from Shanghai remained weak on the U...

25.07.29

Global Container Port Throughput Index Rises 5.4% in May

The World Container Index (WCI) fell 3.3% from the previous week to $2,517 per FEU in Week 30, marking its sixth consecutive weekly decline. From a year earlier, the index plunged 57%. This ongoing...

25.07.28

WCI Falls 3.3% in Week 30, Making 6th Weekly Decline

The World Container Index (WCI) fell 3.3% from the previous week to $2,517 per FEU in Week 30, marking its sixth consecutive weekly decline. From a year earlier, the index plunged 57%. This ongoing...

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