News

21.08.12

US Congressmen Introduce Ocean Shipping Reform Act

U.S. Congressmen John Garamendi (D-CA) and Dusty Johnson (R-SD) introduced the ''Ocean Shipping Reform Act of 2021'' to the House of Representatives on Tuesday. This bipartisan legislation is the f...

21.08.11

Spot Rates for Ex-Shanghai Containers Pick Up for 13 Consecutive Weeks

The Shanghai Containerized Freight Index (SCFI) hiked 0.7% to 4,225.86 points in Week 31, the Shanghai Shipping Exchange (SSE) has unveiled. Increased from the previous week for the 13th time in a ...

21.08.11

Back-to-School Demands Expected to Boost US Retail Imports

Imports at the U.S.'s largest retail container ports should hit yet another record in August as consumer demand continues to stretch supply chains and retailers shift from the back-to-school season...

21.08.10

Manila Police Implementing Strict Curfew for Two Weeks

The Philippine National Police (PNP) has ordered the National Capital Region Police Office (NCRPO) to strictly implement the 8 p.m. to 4 a.m. curfew in Metro Manila once the two-week enhanced commu...

21.08.05

Japan's Big 3 Lines Report Skyrocketing Q1 Net Profits

Japan's three major shipping companies all announced consolidated business results for the first quarter (April-June) of fiscal 2021 on Aug. 4. They earned a combined net profit of ¥357.227 billion...

21.08.05

UK to Shift to New Customs Declaration System on March 31, 2023

UK's HM Revenue and Customs (HMRC) has announced that the Customs Declaration Service (CDS), a system founded on world-leading technology, will serve as the UK's single customs platform from March ...

21.08.04

Ex-Shanghai Spot Rates Increase on Most Trade Lanes

Spot rates for exporting containers from the Chinese port of Shanghai mildly increased on most trade routes in Week 30, according to the Shanghai Shipping Exchange (SSE). On major trade lanes, cont...

21.08.04

Cat Lai Port Temporarily Suspends Receiving Import Cargo

Saigon Newport Corporation has unveiled that it would suspend accepting import and export shipments to/from Tan Cang Cat Lai Port in Ho Chi Minh City from August 5 through 8. Refrigerated goods tra...

21.08.02

BIFA Report Warns Members to Prepare for More Surcharges

In response to concerns expressed by its members, the British International Freight Association (BIFA) that represents UK freight forwarding and logistics companies, has been monitoring conditions ...