News
16.03.09
EU Court Upholds €169 Mln Fines against Forwarder Cartels
The General Court of the European Union upheld the fines imposed by the European Commission on a number of companies for their participation in cartels in the international air freight forwarding s...
16.03.07
Egypt to Require Registration of Factories of Export Goods
Egypt’s Ministry of Trade and Industry has recently released Decree of Minister of Trade and Industry No. 43 of 2016, regarding the amendment of the rules organizing the registration of the factori...
16.03.04
IADA Recommends Rate Hikes for March, April
The Intra-Asia Discussion Agreement (IADA) recently issued a guideline to its member lines for freight rate hikes for containerized shipments from the Far East (excluding Japan) that they will impo...
16.03.02
TSA Lines Recommend April GRI of $600 per FEU
Member shipping lines in the Transpacific Stabilization Agreement (TSA) are recommending across the board rate increase of $600 per FEU, effective April 1, 2016, in a bid to help address ongoing co...
16.03.01
FIATA Calls for Enhanced Box Weighing Information from Carriers
The International Federation of Freight Forwarders Association (FIATA) is calling for enhanced communication from container shipping lines ahead of the deadline by which new IMO regulations requiri...
16.02.29
US to Asia Container Trade Shrinks 4.2% in 2015
Containers from the U.S. to 18 countries and regions in Asia decreased 4.2% to 6,386,205 TEUs in 2015, suffering a year-on-year decline for two years in a row, according to a report unveiled by the...
16.02.26
IADA Confirms April 1 Japan Rate Restoration
As a part of its Japan Business Plan announced on December 10, 2015, the Intra-Asia Discussion Agreement (IADA) has recommended its members to implement a rate restoration of $100 per TEU for cargo...
16.02.24
TSA Revenue Index Hits Lowest Points in Six Years
The TSA Revenue Index for the west coast of North America and inland point intermodal (IPI) services provided in December 2015 hit the lowest since 2010 of 75.64 points (100 points on average in 20...
16.02.23
China’s Box Throughput Remains Nearly Unchanged in Jan
Combined container throughput at ports in China grew a very minute 0.3% to 18,082,300 TEUs in January, remaining nearly unchanged from a year earlier and showing signs of stalling, according to an ...
16.02.23
Japan-Korea Box Volumes Continue to Be Flat in 2015
A total of 1,793,852 TEUs of containers (including empties) were traded between Japan and South Korea in 2015, decreasing a minute 0.1% from a year earlier to suffer the first year-on-year decline ...
