FMC Approves Rule Easing Burden on SC Parties

A final rule adopted by the U.S. Federal Maritime Commission (FMC) eases certain publication requirements for ocean carriers, providing some of the regulatory relief industry sought via a petition ...


UK to Start Its Import Goods Control from July 2021

As well as giving businesses more time to prepare, HM Revenue and Customs (HMRC) has unveiled a new package of measures to accelerate growth of the UK's customs intermediary sector. As well as inje...


Hong Kong Box Volumes Mark Fall for 28 Straight Months

Hong Kong Port handled 1.516 million TEUs in May, down 3.5% from the same month last year, marking a decline for 28 consecutive months. The port’s largest terminal Kwai Tsing handled 1.211 million ...


Spot Rates from Shanghai to Europe off 0.5% But to USWE up 29%

Thanks to a recovery in transport demand, the Shanghai Containerized Freight Index (SCFI) for the week ended on June 12 rose 9.7% from the previous week to 1,015.33 points, according to the Shangha...


JIFFA Holds 9th General Assembly

Japan International Freight Forwarders Association Inc. (JIFFA) on June 11 convened its ninth general assembly since becoming a general incorporated association in 2012. Agreement was reached at th...


Asia-to-US Containers Tumble 19.3% in May

Outbound containers to the U.S. from 10 major countries and regions in Asia plunged 19.3% from a year earlier to 1,156,985 TEUs in May due to double-digit decreased registered in those from China, ...


Air Transport Industry Losses to Top $84 Billion in 2020

The International Air Transport Association (IATA) has released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a ne...


Port of Osaka’s Oceangoing Box Volumes up 8% in April

Oceangoing container throughput at the Port of Osaka (preliminary figures) increased 8% to 193,515 TEUs in April, enjoying the first year-on-year improvement in seven months, or since September 201...


Ex-Shanghai Box Rates Fluctuate in Narrow Ranges

The Shanghai Containerized Freight Index (SCFI) for Week 23 climbed 0.6% from the previous week to 925.5 points, the Shanghai Shipping Exchange (SSE) announced recently. On the route to Europe, som...


Ex-Shanghai Spot Rates Rise on Almost All Trade Lanes

Freight rates for exporting containerized shipments from China improved almost all trade routes in Week 22. The general index for exporting containers from Shanghai, unveiled by the Shanghai Shippi...



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