CCFI, SCFI Reach All-Time Highs Again

The composite China Containerized Freight Index (CCFI) came to 2,296.36 points in Week 21, rising 3.6% from the previous week and reached another all-time high, the Shanghai Shipping Exchange (SSE)...


Global Trade's Recovery Accelerates, Hits Record High in Q1

World trade's recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, according to UNCTAD's Global Trade Upda...


Japan's International Box Traffic Picks up 4.4% in March

Oceangoing container volumes handled in Japan's six busiest container ports totaled 1,206,961 TEUs in March, up 4.4% over the same month last year, representing an increase for two consecutive mont...


Ex-Shanghai Spot Box Rates Increase on All Trades

Freight rates for exporting containerized shipments from Shanghai increased on all routes in Week 20 due to steady demand. Spot rates were brisk on the trades to both Europe and the Mediterranean, ...


Japan-China Box Trade Marks 2-Digit Increase in Q1

Container trade between Japan and China was robust in both directions in March, according to numerical values calculated by the Japan Maritime Center (JMC). Outbound shipments from Japan to China s...


China Containerized Freight Index Reaches All-Time High

The Shanghai Shipping Exchange (SSE) recently unveiled freight rates for exporting containerized shipments from China in Week 20. The composite China Containerized Freight Index (CCFI) rose 3.9% fr...


Japan to U.S. Containers Increase 1.1% in April

Container exports from Japan to the U.S. increased a mild 1.1% year on year to 55,928 TEUs in April, Descartes Datamyne announced recently. From the previous month, however, they shrank 3.9%, the A...


FMC Votes to Implement National Shipper Advisory Committee

Shippers interested in providing their expertise to the U.S. Federal Maritime Commission (FMC) will soon be able to apply to serve on the agency's new National Shipper Advisory Committee. The FMC h...


International Boxes to/from Nagoya Grow for 3 Straight Months

The Port of Nagoya handled a total of 225,665 TEUs of loaded/unloaded export/import containers in April, which increased 6.8% from a year earlier and enjoyed a year-on-year improvement for the thir...


Congestion at US West Coast Ports Remains Unchanged

Ocean Network Express Japan (ONE Japan) recently provided up-to-date information on congestions at U.S. West Coast ports. As of May 14, some 20 containerships were forced to be anchored offshore in...



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