News
19.10.10
US-China Trade War Weighs Heavily on Global Air Cargo
The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight ton kilometers (FTKs), contracted by 3.9% in August 2019...
19.10.09
Saudi Arabia Delays Forwarder License Deadline Until Jan 20
The Saudi Ports Authority (MAWANI) has extended the deadline for obtaining a Freight Forwarders License in Saudi Arabia until January 20, 2020. MAWANI issued a circular in March 2019 that shipping ...
19.10.08
FIATA Updates Model Rules on Freight Forwarding Services
The International Federation of Freight Forwarders Associations (FIATA) has released an updated version of the FIATA Model Rules for Freight Forwarding Services during its 2019 World Congress in Ca...
19.10.03
Korea-Japan Box Trade Shrinks 2.4% in July
Total volume of containerized shipments moved in July on the Japan-South Korea route decreased 2.4% from a year earlier to 165,041 TEUs, adversely impacted by the trade dispute between the economie...
19.10.03
Korea-Russia Box Trade Plummets 19% in Jan-Aug
Between South Korea and Russia, meanwhile, 127,000 TEUs of containers were carried in the first eight months (January-August), plunging 19.1% year on year from 157,000 TEUs. However, it was just a ...
19.10.02
Korea - China Box Traffic Grows 5% in July
According to statistics compiled by the Yellow Sea Liner Shipping Council (YSLSC), 270,307 TEUs of containers were traded between South Korea and China, which went up 5% year on year. Exports from ...
19.10.01
Containers from Japan to China Plunge 24.4% in July
Outbound containerized shipments from Japan to China plunged 24.4% to 777,169 tons in July, suffering a year-on-year shrinkage for five months in a row to hit a record low for the month in question...
19.10.01
Box Volumes at Taiwan's Major Ports Unchanged in Jan-Aug
Combined container throughput at Taiwan’s four major ports nearly unchanged from a year earlier in August, processing a total of 1,261,365 TEUs, down 0.97% year on year from 1,273,740 TEUs, accordi...
19.10.01
FMC Agrees to Exempt Carriers from Publishing Essential SC Terms
The U.S. Federal Maritime Commission (FMC) voted today to move forward with proposed rules that would provide partial regulatory relief sought by a petition of ocean carriers, would implement regul...
19.09.30
Japan's Cargo Traffic Predicted to Register Negative Growth in FY2019
Nittsu Research Institute and Consulting, Inc. (NRIC) recently unveiled a revision of its fiscal 2019 (April 2019-March 2020) cargo transport forecast. The think tank now projects that oceangoing c...