News
24.05.13
WCI Jumps in Week 19
The World Container Index (WCI) increased a notable 16% from the previous week to $3,159 per FEU in Week 19, according to Drewry Maritime Research. The composite index has continued to increase for...
24.05.10
US Container Imports to Continue to Exceed 2 Mil. TEUs Until Fall
Monthly inbound cargo volumes at U.S. major container ports should consistently be above two million TEUs through this summer and into early fall, according to the Global Port Tracker (GPT) report ...
24.05.09
Nikkokyo’s Kubo: A Nationwide Non-Operation Day is Difficult
The Japan Harbor Transportation Association (Nikkokyo) expressed skepticism yesterday on a request that labor unions had made with Nikkokyo for the entire industry to agree on a non-operation day e...
24.05.08
Japan’s MAFF Opens Platform to Promote Exports to Malaysia
The Ministry of Agriculture, Forestry and Fisheries (MAFF) of Japan has opened a dedicated platform for supporting exports from Japan to Malaysia. The ministry now intends to promote exports to Mal...
24.05.07
Average NCFI Increases MoM, YoY in April
The Ningbo Containerized Freight Index (NCFI) averaged 1,304.9 points in April, up 1.3% from the previous month and 80.5% from the same month of 2023, according to the Ningbo Shipping Exchange (NBS...
24.05.02
Record Newbuilding Deliveries Being Absorbed as Containerships Being Rerouted
The combined capacity of containerships diverted to the Cape of Good Hope route is expected to exceed the five-million-TEU line within weeks, according to a recent report by Linerlytica. Avoiding H...
24.05.01
ONE Manages to Remain Profitable Despite Severe Declines
Ocean Network Express (ONE) managed to remain profitable despite significant decreases in revenue and profit in fiscal 2023 (April 2023-March 2024). On a revenue of ¥14.54 billion (US$92.38 million...
24.04.30
Japan’s Big 6 Ports Accomplish 1st Throughput Increase in 5 Months
Japan’s six major ports exported and imported a total of 1.03 million TEUs of foreign-trade containers in February, up 1.8%, which was their first year-on-year increase in five months, according to...
24.04.26
Truck Tonnage Index Declines for 13 Months Running
The American Trucking Association (ATA)’s advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2% in March, which has marked a year-on-year decline for 13 months in a row. The index ...
24.04.25
Japan’s Container Exports to US Minutely Decline in March
Container exports from Japan to the U.S. amounted to 54,292 TEUs in March (based on volumes at ports of origin), down 1% year on year, according to Descartes Datamyne. From the previous months, how...
