News

 

12.12.13

Intra-Asia Containers Decline in October, Though Reefers Soar 17.6%

Container movement on the intra-Asia trade declined a minute 0.3% from a year earlier to 1.243 million TEUs in October 2012. In breakdown, dry cargoes went down 1.3% to 1.165 million TEUs, but re...

12.12.11

Trans-Pacific Revenue Index Dips in October

The Trans-Pacific Revenue Index for services bound for the West Coast of and inland point intermodal (PIP) destinations in the U.S. was 90.54 points in October 2012, according to the Transpacific ...

12.12.11

JFTC Predicts Japan’s Current Account Surplus to Increase in FY2013

Exports from Japan are projected to increase year on year in fiscal 2013 (April 2013-March 2014) thanks to the turnaround of the global economy, according to a Tokyo-based industry group of tradin...

12.12.06

South California Ports Labor Contract Talks Settled

At around 10:30 p.m., on December 4, local time, the International Longshore and Warehouse Union (ILWU) Local 63 Office Clerical Unit (OCU), which represents about 800 clerical workers and the...

12.12.04

US, Taiwan Sign Mutual Recognition Agreement

The American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO) have signed a mutual recognition arrangement concerning the supply ch...

12.12.04

Labor Action Keeps Paralyzing Dock Operations at South Californian Ports

Due to labor action, seven container terminals at the Port of Los Angeles are not in operation as of Sunday, Dec. 2 (local time). Those terminals include China Shipping (Berth 100), Yang Ming (Ber...

12.12.03

TSA Lines Pursue Further Rate Recovery in December

Asia-U.S. container lines continue to resist downward pressure on rates in the early days of their 2013-14 contract negotiations. To establish a more compensatory rate baseline for contracts that ...

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