SCFI Decrease Becomes Milder in Week 49

Freight rates for container exports from China fluctuated bearishly on major trade lanes in Week 49. The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for ex-Sh...


Asia's Container Exports to US Plunge 21% in Nov.

Container exports to the U.S. from 10 major Asian economies amounted to some 1.3 million TEUs in November (based on volumes at ports of origin), which plunged 21.1% from the corresponding month of ...


Mizuho Bank: Container Movement to Grow in 5 Years

Mizuho Bank's industry research department projects that in 2022, overall seaborne container movement in North America, Europe and Asia will decrease 1.2% from the previous year due to Russia's inv...


US imports Down 9.3% in Oct.

With most holiday merchandise already on retailers' shelves or in their warehouses, December cargo volume at U.S. major container ports should be significantly below records set earlier this year, ...


Dynamar: Marine Perishable Trade Will Face Challenges

Dutch shipping consultancy Dynamar projects the seaborne trade of perishable products will face challenges. In 2022, container carriers and conventional reefer operators hit the jackpot, it said in...


Ex-China Container Rates Mostly Down Due to Space Oversupply

Container exports from China were dull on most trade in Week 48 due to Russia's invasion of Ukraine, inflation and the COVID-19 pandemic on top of global tonnage supply. Freight rate indexes that r...


FEPORT: CBER Should Adapt Digital Solutions

The Federation of European Private Port Companies and Terminals (FEPORT) has claimed that a revised Consortia Block Exemption Regulation (CBER) adapt more to digital solutions. FEPORT has indicated...


FMC Receives 175 Filings Since OSRA Enactment

U.S. shippers have responded positively to the new opportunity, established via the Ocean Shipping Reform Act of 2022, to challenge carrier charges by filing charge complaints at the Federal Mariti...


Trade Consortium Has Over 160 Members

The Consortium for Improving the Efficiency and Expansion of Trade Information Linkage (Trade Consortium) had been joined by 160 members by Thursday. The Trade Consortium was initially established ...


US President Presses Congress to Adopt Agreements

U.S. President Joe Biden issued a statement earlier this week, pressing Congress to immediately pass legislation to adopt the tentative agreements between railroad workers and operators to avert a ...



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