News

 

22.01.18

Box Throughput at Port of Shimizu Spikes 9.4% in 2021

The Port of Shimizu handled a total of 47,083 TEUs of domestic and international containers in December 2021, according to preliminary statistics. Going down 3.8% from the same month of 2020, it wa...

22.01.18

Global Air Cargo Growth Slows Due to Supply Chain Issues

November 2021 was a relatively soft month for air cargo, as industry-wide cargo ton-kilometers (CTKs) grew by 3.7% compared to the same month in 2019, according to the International Air Transport A...

22.01.18

Port of Los Angeles Extends 'Container Dwell Fee’ to April 29

The Port of Los Angeles Harbor Commission voted 5-0 to extend a “Container Excess Dwell Fee” program directed at ocean carriers in a continued effort to improve cargo movement on container terminal...

22.01.12

Asia-to-US Box Volumes Top 20 Mil TEUs for 1st Time in 2021

Container exports to the U.S. from 10 major countries and regions in Asia amounted to 1,699,819 TEUs in December last year, growing 0.9% from the same month of 2020 and marking a year-on-year impro...

22.01.12

Strong Demand Boosting Shanghai-US Container Rates

The composite index for spot rates for container exports from the Chinese port of Shanghai reached 5,109.6 points in the first week of 2022, exceeding the 5,000-point line for two back-to-back week...

22.01.11

New Records Set for Both CCFI, SCFI

The composite China Containerized Freight Index (CCFI) and Shanghai Containerized Freight Index (SCFI) stood at 3,432.79 points and 5,109.6 points last week, rising 2.6% and 1.2% from the previous ...

22.01.11

Korea-Japan Box Trade Swells 1.8% in January-November 2021

Total volume of containerized shipments moved directly and via transshipment between South Korea and Japan in January-November 2021 amounted to 1,620,823 TEUs, which grew 1.8% year on year, accordi...

22.01.07

FIATA Denounces Maersk for Its Shift to Spot Rates Marketing

The International Federation of Freight Forwarders Associations (FIATA) recently has issued a statement worrying about Maersk’s integrated services. Dr St phane Graber, FIATA Director General said,...

22.01.07

FMC to Investigate ONE’s Business Practices Regarding Fees

The U.S. Federal Maritime Commission (FMC) is set to initiate another investigation into business practices and demurrage charges by a container shipping line. Ocean Network Express (ONE) sought to...

22.01.06

FMC Initiates Investigation into Wan Hai Lines Detention Charges

The U.S. Federal Maritime Commission (FMC) has issued an order of investigation and hearing in relation to the container detention charges by Taiwan’s Wan Hai Lines. Wan Hai is the 3rd largest cont...

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