Container Spot Rates from China Shrink Slightly in Week 11

In the week of March 9, outbound container movement from China improved gradually thanks to the reopening of operations at manufacturing factories. However, some shipping companies lowered freight ...


Box Traffic at Yokohama Falls 1.9% to 2.99 Mln TEUs in 2019

Exports of international shipments from the Port of Yokohama decreased 9.7% from a year earlier to 29.66 million tons in 2019. In contrast, imports were robust, surging 10.2% to 50.3 million tons. ...


Philippine Truck Operators Required to Obtain Cargo Truck Permit

For the management of the Coronavirus disease 2019 (COVID-19) situation, the Philippine Ports Authority (PPA) issued Memorandum Circular No. 09-2020 on March 15 under which all cargo trucks and van...


Ex-China Box Rates Fluctuate from One Trade to Another

In the week of March 2, freight rates for exporting containers from China differed from one trade to another. The Shanghai Containerized Freight Index (SCFI) for the week in question, however, impr...


Singapore Outpaces Shanghai in February Box Volumes

The outbreak of the coronavirus disrupted container traffic at major container ports in Asia in February and Shanghai port faced a nearly 20 percent drop in box throughput while the Maritime & ...


JICA Signs National Single Window Project Phase 2 with Myanmar

The Japan International Cooperation Agency (JICA) has signed a Record of Discussions with the Myanmar government in Yangon for the Project of Capacity Development for National Single Window and Cus...


COVID-19 Depresses Long Beach Box Traffic in Feb

Cargo volume declined at the Port of Long Beach in February due to fewer ship calls amid the overseas outbreak of the coronavirus and lingering effects of the trade dispute with China. Terminal ope...


China to US Containers plunge 20.8% in February

Container exports to the U.S. from 10 major countries and regions in Asia fell 9.4% year on year to 1,119,485 TEUs in February, U.S. research company Descartes Datamyne unveiled recently. The negat...


Container Spot Rates from China Dip Slightly Last Week

The Shanghai Shipping Exchange (SSE) unveiled on March 6 that the Shanghai Containerized Freight Index (SCFI) for the week of March 2 went down a mild 0.5% from the previous week to 871.16 points. ...


WTO's Trade Facilitation Agreement Sees Increasing Implementation Rate

Three years since the Trade Facilitation Agreement (TFA) entered into force on February 22, 2017, World Trade Organization (WTO) members have continued to make steady progress in its implementation...



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