News
21.03.23
Japan-to-US Container Traffic Sets All-time Low in Feb.
Container exports from Japan to the U.S. amounted to 31,765 TEUs in February, plunging 36% year on year and 36.5% from the previous month, according to U.S. research company Descartes Datamyne. The...
21.03.23
Ex-China Container Rates Down for Four Weeks Running
The composite China Containerized Freight Index (CCFI) stood at 1,908.09 points in Week 11, down 0.2% from the previous week’s 1,912.13 points, according to the Shanghai Shipping Exchange (SSE). Th...
21.03.23
Vinamarine to Investigate Rates and Surcharges of 12 Container Lines
The Vietnam Maritime Administration (Vinamarine) has advised 12 foreign-based shipping lines doing business in Vietnam of its initiative to launch an investigation into their rate and surcharge pra...
21.03.22
CP, KCS Agree to Merge to Create First Canada-US-Mexico Rail Network
Canadian Pacific Railway (CP) and Kansas City Southern (KCS) announced Sunday that they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transactio...
21.03.19
Box Throughput at Yokohama down 11.1% to 2.66 Mln TEUs in 2020
The Port of Yokohama handled a total of 2,661,622 TEUs of containers in 2020, down 11.1% from the previous calendar year, according to the city of Yokohama’s Port and Harbor Bureau. Oceangoing ship...
21.03.18
Egypt to Introduce Advance Cargo Information System from April
The Egyptian Minister of Finance has announced simplified and expedited procedures and rules for the trade and investment in Egypt, issuing the decree No. 38 of 2021 which involves the Advance Carg...
21.03.17
Box Throughput Falls Short at Hong Kong Port in February
In February, the Port of Hong Kong suffered a 10.4% decline in box volumes. Total throughput for the month was 1.039 million TEUs, of which the Kwai Tsing terminals handled 914,000 TEUs, down 3.5% ...
21.03.16
Ex-China Container Rates Decline 3% Last Week
The Shanghai Shipping Exchange (SSE) recently announced freight rates for containerized shipments exported from China in Week 10. The China Containerized Freight Index stood at 1,912.3 points, down...
21.03.16
New Legal Framework for eTIR to Take Effect in May
The United Nations Secretary General has confirmed that Since no TIR Convention signatories have filed objections to the new global legal framework for digitalized eTIR, it will enter into force on...
21.03.15
Asia-to-U.S. Box Traffic Spikes 32% in Feb.
Container exports to the U.S. from 10 major countries and regions in Asia amounted to 1,471,988 TEUs in February, swelling 32% from a year earlier, American research company Descartes Datamyne unve...
