News
19.06.11
US Retailers Keep Stocking up Inventory Ahead of More Tariffs
Imports at the U.S.'s major retail container ports are expected to continue to grow this summer as retailers stock up inventory to get ahead of higher tariffs, according to the monthly Global Port ...
19.06.07
Port of Shimizu Reports Marginal Slip in May Box Traffic
Container throughput at the port of Shimizu fell slightly by 0.9% from the same month last year to 44,022 TEUs in May, representing a decline for two consecutive months, according to Shimizu Port A...
19.06.05
JICA to Cooperate Cambodian on Cambodian Port Development
On June 3, the Japan International Cooperation Agency (JICA) signed a Memorandum of Cooperation on Strategic Partnership with Sihanoukville Autonomous Port (PAS). Strategic partnership with PAS is ...
19.06.04
IATA Revises down 2019 Profit Outlook
The International Air Transport Association (IATA) has announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from $35.5 billion forecast in Decemb...
19.06.03
Lockout Ends for B.C. Port Workers Thursday
The British Columbia Maritime Employers Association (BCMEA) and the International Longshore and Warehouse Union (ILWU) Canada reached a tentative agreement on Thursday May 30, withdrawing BCMEA's l...
19.06.03
Shanghai Export Spot Rates Rebound Last Week
China's export container shipping market improved last week by rebounded cargo volume and rate hikes implemented by carriers. As a result, the Shanghai (Export) Containerized Freight Index (SCFI) i...
19.05.31
Cross-Strait Box Traffic Swells Slightly in April
Cross-Strait container traffic totaled 209,772 TEUs in April, up 0.73% compared to 208,253 TEUs in the same month last year, according to Taiwan's Ministry of Transportation and Communications. For...
19.05.30
Japan, Russia to Join Forces for Container Transport by Trans-Siberian Railway
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of Japan recently signed a memorandum of understanding (MOU) on container transport by rail on the Trans-Siberian Railway (TSR) be...
19.05.30
B.C. Port Employers Announce Lockout from May 30
Members of the British Columbia Maritime Employers Association (BCMEA) handed a lockout notice to the International Longshore and Warehouse Union (ILWU) Canada on Tuesday. BCMEA member companies wi...
19.05.28
Shanghai Containerized Freight Index Dips 0.3% Last Week
Supply-demand picture in China's containerized export was mixed depending on trade routes and the Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) edged down by 0.3% to a re...