News
14.04.02
Logistics Performance Gap between Countries Persists
The gap between the countries that perform best and worst in trade logistics is still quite large, despite a slow convergence since 2007, according to a new World Bank Group report. This gap persis...
14.04.01
Vancouver Port Truckers End 28-day Strike
The governments of Canada and British Columbia and Port Metro Vancouver have reached agreement with members of Unifor and the United Truckers Association to end the 28-day trucker work disruption a...
14.04.01
Transpacific Eastbound Box Trade Grows 7% in January
The volume of containerized shipments moved eastbound from Asia to the U.S. increased 7% year on year to 1,264,762 TEUs in January 2014, breading the previous monthly record set in October last yea...
14.03.28
Carriers Announces Asia-West Coast South America Rate Restoration
Member Lines of the Asia-West Coast South America Agreement (AWCSA) have have announced their rate restoration program effective April 15, 2014 at a level of US$500/TEU applicable to the trades fro...
14.03.27
Congo Becomes 3rd State to Ratify Rotterdam Rules
With its ratification of the United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, known as the Rotterdam Rules, the Republic of Congo has become t...
14.03.25
TSA Lines Advance Proposed GRI by 2 Weeks
Member container carriers in the Transpacific Stabilization Agreement (TSA) have move up their May 1, 2014 general rate increase recommendation to April 15, in an effort to offset the rate drop in ...
14.03.25
Box Volume Goes up in Laem Chabang But down in Bangkok
Laem Chabang Port in Thailand handled 449,995 TEUs in January, representing a 4.1% increase compared to 432,184 TEUs processed in the same month last year. Meanwhile, box throughput at Bangkok fell...
14.03.24
Intra-Asia Box Trade Grows 9.6% in January
Container movement on the intra-Asia trade was brisk in January 2014, increasing 9.6% to 1.19 million TEUs and making a year-on-year improvement for the ninth consecutive month, or since May 2013. ...
14.03.20
Box throughput at China Ports Grows 4.9% in February
China ports container movement posted a 4.9 percent year-on-year increase in throughput nationwide to 12.77 million TEUs in February, according to the Ministry of Transport. Seaports handled 11.41 ...
14.03.19
Panama Canal New Locks Project Moves Forward
The Panama Canal Authority (ACP) and the new locks project contractor Grupo Unidos por el Canal, S.A. (GUPC) have signed a document under which the construction of the third set of Locks will be co...
