News
20.09.09
Empty Container Shortage in Asia Escalating
After coronavirus (COVID-19) lockdowns were lifted, freight movement to the U.S. and Europe increased sharply in July and August, leading to empty container pileups in export destinations. Asian co...
20.09.08
Record High Hits for Shanghai-U.S. Containers
Demand for exporting containerized shipments from China continued to grow in Week 35(?) in the midst of the peak season. The Shanghai Containerized Freight Index (SCFI) rose 4.6% from the previous ...
20.09.04
South Korea - Asia Box Traffic Slips 3.5% in July
Container traffic between South Korea and eight other Asian countries and territories decreased 3.5% year on year from 341,600 TEUs to 329,600 TEUs in July. South Korea exported 167,700 TEUs, down ...
20.09.03
Ningbo Containerized Freight Index Marks Record High
The Ningbo Shipping Exchange (NBSE) has unveiled that the Ningbo Containerized Freight Index (NCFI) for the week ended on August 28 achieved all-time high of 1030.6 points, up by 15.9 percent again...
20.09.01
Shanghai-USEC Spot Rates Top $4,000/FEU Mark
The Shanghai Containerized Freight Index (SCFI) for Week 35 rose 6.7% from the previous week to 1,263.26 points, which swelled 54% from a year earlier, according to the Shanghai Shipping Exchange (...
20.08.31
Used Vehicle Exports Tumble 24.7% in July, But Shows Signs of Recovery
Japan exported 86,257 secondhand motor vehicles (passenger cars, cargo freighters, buses and electric vehicles) in July, according to a reported compiled by the International Auto Trade Association...
20.08.28
COVID-19 Drives down Cargo Traffic in Philippine Ports
Philippine ports handled 106.2 million tons nationwide in the first six months of the year. The figure represents a decline of 19% from the same period last year, according to the Philippine Ports ...
20.08.27
Cross-Strait Box Traffic Grow 7% to 226,054 TEUs in July
Taiwan’s four major ports handled a total of 226,054 TEUs of cross-strait containers in July, up 7.4% from a year earlier, the state’s Ministry of Transportation and Communications (MOTC) unveiled ...
20.08.26
Japan-China Box Trade Decreases 9% in H1
The volume of containerized shipments traded between Japan and China decreased 4.2% to 831,548 tons in June, registering a year-on-year shrinkage for 16 months in a row, according to statistics rel...
20.08.25
Ex-Shanghai Spot Rates Continue to Increase
The Shanghai Containerized Freight Index (SCFI) increased 1.4% from the previous week to 1,183.7 points in Week 33(?), the Shanghai Shipping Exchange (SSE) announced on Aug. 21. From a year earlier...
