News
21.02.24
Box Trade from Japan to U.S. Swells 5.3% in Jan.
Container exports from Japan to the U.S. amounted to 49,749 TEUs in January (based on volumes at ports of origin), which improved 5.3% from a year earlier and 6.7% from a month earlier, according t...
21.02.24
World's Goods Barometer Signals Strong Rebound
World merchandise trade volume growth remained strong in the fourth quarter of 2020 after trade rebounded in the third quarter from a deep COVID-19 induced slump; however, the pace of expansion in ...
21.02.22
Import Bookings into Myanmar Suspended by Carrier
With continuous daily protests in Myanmar, the situation is becoming more and more tense. Operationally, the terminals in Myanmar are close to full capacity and feeder services, road transportation...
21.02.22
World Container Volume Dips 1.2% in 2020: BIMCO
In the full year of 2020, global container shipping volumes fell by 1.2% compared with 2019, much less than feared even before the pandemic was first declared, and much recovered compared with the ...
21.02.16
Belgium's Two Largest Ports Set to Merge
The City of Antwerp and the City of Bruges have reached an agreement to merge their respective ports. The agreement marks the start of a unification process that is expected to take a year to final...
21.02.15
Asia-to-US Container Exports Spike 16.8% in Jan.
Container exports to the U.S. from 10 major countries and regions in Asia surged 16.8% to 1,683,298 TEUs in January, enjoying a year-on-year increase for eight months in a row and setting a new rec...
21.02.12
SF Holding to Acquire Controlling Stake in Kerry Logistics
SF Holding and Hong Kong-listed Kerry Logistics Network Limited have unveiled the proposed strategic investment and cooperation between the two companies. Subject to satisfaction of certain pre-con...
21.02.10
US Retail Imports Expected to Hit Monthly Records Again
Following a record year during 2020, imports at the U.S.'s largest retail container ports are expected to set new monthly records from now into the summer as the nation's economy continues to recov...
21.02.09
Congestions on USWC Predicted to Persist until Late-Feb.
Some 36 containerships were forced to stay at anchor off the coast in San Pedro Bay on the U.S. West Coast as of Feb. 4, according to Ocean Network Express Japan (ONE Japan). In some cases, they ha...
21.02.09
Ex-Shanghai Box Rates Fall on Some Routes amid Massive Demand
The Shanghai Containerized Freight Index (SCFI) for Week 5 stood at 2,884.61 points, picking up 0.8% from the previous week. Spot rates for shipments from Shanghai improved 1.1% to $4,324 per TEU t...
