News

 

22.03.22

Malaysia Becomes 12th Country to Implement RCEP

The Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal so far, went into effect in Malaysia on Friday. RCEP took effect on January 1, 2022 to create the world's larg...

22.03.17

US to Launch Supply Chain Data Initiative

The White House has announced that Director of the National Economic Council (NEC) Brian Deese and Secretary of the Department of Transportation (DOT) Pete Buttigieg met with key stakeholders in th...

22.03.16

SCFI Slumps for Eight Consecutive Weeks

The composite Shanghai Containerized Freight Index (SCFI) stood at 4,625.1 points in Week 10, going down 2.6% from the previous week and trending down for the eighth week in a row, according to the...

22.03.15

Port of Yokohama’s Box Throughput Grows 7.5% in 2021

The Port of Yokohama processed a total of 2,861,197 TEUs of international and domestic containers in 2021, up 7.5% from the previous year. Containers to and from other countries and regions account...

22.03.14

Asia-US Box Trade Sets New February Record

Container exports to the U.S. from 10 major countries and regions in Asia amounted to 1,693,680 TEUs in February (based on volumes at ports of loading where containerized shipments are loaded aboar...

22.03.11

Box Throughput at Port of Osaka Soars 16% in January

The Port of Osaka handled 191,660 TEUs of loaded and unloaded containers in total in January, up 16% from the corresponding month of 2021, according to a preliminary report unveiled by the Osaka Po...

22.03.09

Ex-Shanghai Spot Rates Decline Except for USWC-Bound Boxes

The composite Shanghai Containerized Freight Index (SCFI) went down 1.5% from the previous week to 4,746.9 points in Week 9, remaining on a downward trend for the seventh week in a row, the Shangha...

22.03.09

US House Committee Asks Top Ocean Carriers to Submit Rate Hike Information

The U.S. House of Representatives' Committee on Oversight and Reform has sent letters to three of the world's largest ocean freight carriers - A.P. Moller Maersk, CMA CGM Group and Hapag-Lloyd - re...

22.03.07

Korea-China Box Trade Marks 2-Digit Growth in Both Ways

Container trade between South Korea and China was robust in January. The total volume of containerized shipments moved between the countries amounted to 319,754 TEUs, which surged 11.76% from the s...

22.03.04

San Pedro Bay Ports Roll out ''Port Optimizer''

The Ports of Los Angeles and Long Beach have unveiled new features to its ''Port Optimizer'', the nation's first and only port community system that allows shippers, cargo owners, terminal operator...

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