Asia-to-US Containers Plunge 16.6% in March

The volume of containerized shipments exported to the U.S. from 10 major countries and regions in Asia plunged 16.6% year on year to 926,673 TEUs in March, as those from China decreased notably due...


World Trade Set to Plunge As COVID-19 Upends World Economy

World trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, according to the World Trade Organization (WTO)....


Estimated US Retail Imports Hit Five-Year Low in March

Estimates show that imports at major U.S. retail container ports dropped to their lowest level in five years in March, and imports are projected to remain significantly below normal levels through ...


Box Throughput at Port of Shimizu Slumps 9.6% in March

The Port of Shimizu in Shizuoka Prefecture has reported container traffic for March of 46,153 TEUs, down 9.6% from the same period last year. Ocean going containers dropped 10.8% on year to 38,283 ...


Japan-China Trade Shrinks for First Time in 3 Years

The total value of goods traded between Japan and China in 2019 shrank 3.7% from the previous year to $340.733 billion, incurring the first year-on-year contraction in three years, according to fig...


Average Container Spot Rates from China Dip 3.3% in March

The novel coronavirus (COVID-19) pandemic is posing a high risk to global trade, driving down freight rates on many trade routes, according to a report on the market for exporting containerized shi...


Spot Rates from Shanghai Mixed among Trade Lanes

Freight rates for exporting containers from China in Week 14 though the ongoing novel coronavirus (COVID-19) pandemic impacted both tonnage supply and demand. While demand for moving shipments from...


Box Traffic in India Rises 2.45% in First 11 Months of FY2019/20

Container volumes handled by 12 state-run ports in India totaled 9.194 million TEUs in the first 11 months of the fiscal year of 2019/20 ended in February. The figure represents a 2.45% increase co...


S. Korea-Japan Containers Decrease 9% in Jan-Feb

A total of 277,045 TEUs of containers were traded between South Korea and Japan in January-February, decreasing 9.3% year on year from 305,550 TEUs, according to the Korea Nearsea Freight Conferenc...


Tokyo Port Handles 4.51 Mil TEUs of Ocean Containers in 2019

The Port of Tokyo handled 4,513,641 TEUs of oceangoing containers in 2019, down 1.2% from the previous year. Exports accounted for 2,128,983 TEUs, up 0.5%, and imports, 2,384,658 TEUs, down 2.8%. L...



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