News

 

21.05.19

STB to Apply Heavier Burdens to CN's Bid for KCS

The U.S. Surface Transportation Board (STB) has announced that Canadian pacific Railway's (CN) proposed merger with Kansas City Southern (KCS) will be reviewed under its current merger rules and co...

21.05.18

CCFI, SCFI Both Head North Last Week

The Shanghai Shipping Exchange (SSE) recently announced freight rates for exporting containerized shipments from China in Week 19. The composite China Containerized Freight Index (CCFI) improved 2....

21.05.17

ASEAN Exports Surge 14.1% in Q1 2021

Total value of exports from Thailand, Malaysia, Indonesia, Singapore, the Philippines and Vietnam amounted to US$385.738 billion in the first quarter of 2021, up 14.1% from a year earlier, accordin...

21.05.17

Carrier Unveils Transpacific GRI of $3,000/FEU

Hapag-Lloyd has announced a general rate increase (GRI) of US$2,400 per TEU and US$3,000 per FEU in the Transpacific eastbound trade from East Asia to all U.S. and Canada destinations as of June 15...

21.05.14

Port of Long Beach Renews April Box Volume Record

An ongoing cargo boom largely driven by online purchases lifted the Port of Long Beach to its strongest April on record. Dockworkers and terminal operators moved 746,188 TEUs in April, a 43.6% incr...

21.05.12

Container Trade from Asia to US Surges 32% in April

Container exports to the U.S. from 10 major countries and regions in Asia surged 32.1% to 1,656,443 TEUs in April, enjoying a year-on-year improvement for 10 months in a row and setting a new month...

21.05.12

US Retail Cargo Imports Set New Record as Economy Recovers

US imports at retail container ports hit a new record this spring and volume during the first half of 2021 is expected to be a third higher than last year as the economy continues to recover from t...

21.05.10

Ministries Talk with Transport Bodies on Container Shortages

Japan’s ministries of Land, Infrastructure, Transport and Tourism (MLIT); Economy, Trade and Industry (METI); and Agriculture, Forestry and Fisheries (MAFF) on May 7 jointly unveiled a report on a ...

21.05.10

Asian Ports Dominate Global Container Port Performance Index

Asian container ports are the most efficient in the world, dominating the Top 50 spots according to the new global Container Port Performance Index (CPPI) launched by the World Bank and IHS Markit....

21.05.10

Strong Demand Drives NY-NJ Port March Volume to All-time High

Activity at the Port of New York and New Jersey showed resilience in consumer demand and the global supply chain as cargo volume set a new all-time monthly record in March. Volume increased by 35 p...

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