News
25.07.31
UP Agrees to Acquire NS
The Union Pacific Railroad (UP) announced on Tuesday that it had reached an agreement to acquire the Norfolk Southern Railway (NS) in a deal worth $85 billion. The merger would create the United St...
25.07.30
SCFI Falls for 7th Consecutive Week as Ex-Shanghai Rates Remain Weak
The composite Shanghai Containerized Freight Index (SCFI) came to 1,592.67 points in Week 30, down 3% from the previous week as spot rates for container exports from Shanghai remained weak on the U...
25.07.29
Global Container Port Throughput Index Rises 5.4% in May
The World Container Index (WCI) fell 3.3% from the previous week to $2,517 per FEU in Week 30, marking its sixth consecutive weekly decline. From a year earlier, the index plunged 57%. This ongoing...
25.07.28
WCI Falls 3.3% in Week 30, Making 6th Weekly Decline
The World Container Index (WCI) fell 3.3% from the previous week to $2,517 per FEU in Week 30, marking its sixth consecutive weekly decline. From a year earlier, the index plunged 57%. This ongoing...
25.07.25
Japan-US Container Exports Decrease 5% in June
Container exports from Japan to the U.S. amounted to 51,468 TEUs in June (based on volumes at port of origin), down 5% year on year for the third consecutive month of decline, Descartes Datamyne an...
25.07.24
Matson to Suspend Shipping EVs Due to Hazardous Lithium-Ion Batteries
Matson Navigation has announced that, effective immediately, it would suspend transporting battery-powered electric or plug-in hybrid electric vehicles (EVs) due to the hazardous material classific...
25.07.23
Asia’s Europe-Bound Exports Jump 16% in May
Container exports from Asia to Europe surged 16% to 1.81 million TEUs in May, growing year on year for the third consecutive month and setting a new monthly record, according to statistics compiled...
25.07.22
WCI Falls 2.6% in Week 29, Marking 5th Consecutive Week of Decline
Drewry's World Container Index (WCI) fell 2.6% from the previous week to $2,602 per FEU in Week 29, marking its fifth consecutive weekly decline. From a year earlier, the index plunged 56%. This on...
25.07.18
ILA, IDC to Organize ‘People Over Profit Anti-Automation Conference’ in Lisbon in Nov.
The International Longshoremen’s Association (ILA) and the International Dockworkers Council (IDC) are calling on maritime unions worldwide to unite at the People Over Profit Anti-Automation Confer...
25.07.17
Research Institute: 15 Logistics Markets in Japan Estimated at ¥2.46 Tril. in FY2024, ¥2.48 Tril. in FY2025
It is estimated that 15 logistics markets (a total of the 15 markets that include overlaps) in Japan were valued at a total of ¥2.46 trillion (US$166 billion) in fiscal 2024 based on sales earned b...
