News
21.10.06
WTO Predicts 10.8% Spike in Global Merchandise Trade
The World Trade Organization (WTO) is now predicting global merchandise trade volume growth of 10.8% in 2021, up from 8.0% forecasted in March, followed by a 4.7% rise in 2022.Growth should moderat...
21.10.04
Shanghai Freight Index Drops for 1st Time in 21 Weeks
In Week 39, the composite China Containerized Freight Index (CCFI) fell 0.5% to 320.55 points from the previous week, the Shanghai Shipping Exchange (SSE) announced on Sept. 30. The composite Shang...
21.10.01
Korea-China Box Trade Picks up 7% to 2.26 Mil TEUs in August
A total of 2,264,133 TEUs of containers were traded between South Korea and China in the first eight months (January-August) of 2021, which climbed 7.32% from a year earlier, according to statistic...
21.09.30
Think Tank Predicts 8.8% Rise in Japan's Box Exports for FY 2021
Nittsu Research Institute and Consulting, Inc. (NRIC) projects that Japan’s exports and imports of loaded oceangoing containers will both turn positive in fiscal 2021 (April 2021-March 2022) in a r...
21.09.30
Box Traffic at Japan’s Big 6 Ports Swells for 3 Months Running
Japan’s six major ports (Tokyo, Kawasaki, Yokohama, Nagoya, Osaka and Kobe) processed a total of 1,152,077 TEUs of foreign-trade containers in July, which grew 4.2% from the corresponding month of ...
21.09.29
Containerized Exports to China Decline 12.7% in July
Outbound container trade from Japan to China notably decelerated in July. Japan exported 770,972 tons, which plunged 12.7% from the same month of last year, according to statistics the Japan Mariti...
21.09.27
Box Volumes in China Grow 3% to 24.8 Mil TEUs in August
Chinese ports handled a total of 24.78 million TEUs of containers in August, up 3% from the same month of last year, according to statistics compiled by the nation’s Ministry of Transport (MOT). Sh...
21.09.24
Phnom Penh Autonomous Port Opens New Container Terminal
Phnom Penh Autonomous Port (PPAP) has officially opened its new container terminal, upgrading its handling capacity to 400,000 TEUs per year. The new USD18.4 million terminal covers an area of 2.75...
21.09.22
Japan-U.S. Box Trade Jumps 32.8% to 52K TEUs in August
Container exports from Japan to the U.S. surged 32.8% from a year earlier, coming to 52,247 TEUs in volume in August, according to Descartes Datamyne. From a month earlier, however, there was a shr...
21.09.22
San Pedro Bay Ports Unveil New Measures to Speed Cargo Throughput
After consultation with multiple supply chain stakeholders and the U.S. Department of Transportation, the ports of Long Beach and Los Angeles have announced bold new measures to improve freight mov...
