News
19.11.20
WTO's Goods Barometer Suggests Slow Growth of World Trade
World merchandise trade is expected to remain below trend into the fourth quarter of 2019, according to the World Trade Organization's latest Goods Trade Barometer. The indicator's reading of 96.6 ...
19.11.18
Weak Demand Drags down Spot Rates from China
The Shanghai Containerized Freight Index (SCFI) went down 4.8% from the previous week to 797.78 points in the week of Nov. 4, despite the fact that it was already in the middle of the peak season. ...
19.11.15
Port of NY & NJ Reports Strong September Box Traffic
The Port of New York and New Jersey monthly cargo volumes continue to increase during the month of September. Total volume for September 2019 was 624,961 TEUs, up 3.6% from 603,034 TEUs in Septembe...
19.11.14
China Customs Announces Adjustment of 24-Hour Rule
China’s General Administration of Customs has announced an adjustment of its ongoing China Customs Advance Manifest (CCAM) regulation, according to carrier sources. The adjustments include followin...
19.11.14
Tariffs Take Toll on Port of Los Angeles October Volumes
The Port of Los Angeles moved 770,189 TEUs in October, a 19.1% decrease compared to 2018's record-breaking October. After 10 months of 2019, total volumes have increased 1.8% compared to last year,...
19.11.13
US Retail Imports to See Final Tariff-driven Surge in Nov
Imports at the U.S.'s major retail container ports are expected to see their final surge of the year this month ahead of new tariffs set to take effect in December, according to the Global Port Tra...
19.11.12
China Exports Shift to Southeast Asia to Dodge Trade War
Outbound containers traded from 10 major countries and regions in Asia to the U.S. in October fell 9.8% to 1,454,613 TEUs, suffering a year-on-year contraction for two months in a row, according to...
19.11.11
CBP to Mitigate Penalties for Wood Packaging Material Violations
U.S. Customs and Border Protection (CBP) has posted a new guidance on the factors the agency may consider for reducing penalties for violations of wood packaging material regulations. The agency al...
19.11.06
Containers to/from Taiwan Remain unchanged in Jan-Sept
The combined volume of containerized shipments processed at Taiwan’s four major ports nearly unchanged from a year earlier in the first nine months (January-September) of 2019, decreasing a minute ...
19.11.06
India Delays Implementation of Cargo Manifest System
India Delays Implementation of Automated Manifest System India's Central Board of Indirect Taxes and Customs (CBIC) has postponed implementation of the Sea Cargo Manifest and Transshipment Regulati...
