News

 

14.07.14

Expiration of West Coast Ports Contract Brings Surge in US Retail Imports

With West Coast longshoremen still negotiating a new contract, retailers are bringing holiday merchandise into the country at record levels to protect against potential supply chain disruptions, ac...

14.07.11

Shanghai Port Posts Highest Monthly Box Volume in June

The port of Shanghai posted a 10.8% increase year on year in container volume to 3.06 million TEUs in June, the highest monthly throughput of the year. Aggregate volume for the first six months sto...

14.07.11

TSA Revenue Index up on Asia to US East Coast Route

The TSA Revenue Index for eastbound transpacific service got worse on the U.S. West Coast trade but made improvement on the U.S. East Coast trade in May. The index for cargo moving from Asia to the...

14.07.10

Transpacific Lines Plan More Rate Hikes

Container lines in the Transpacific Stabilization Agreement (TSA) will implement a previously announced second-stage $200 per FEU increase in the peak season surcharge (PSS) for cargo moving from A...

14.07.09

Myanmar Introduces PSI for Import Cargo

Myanmar launched a pre-shipment inspection (PSI) on July 1 for shipments from South Korea. Myanmar Inspection and Testing Services (MITS), which is operated under Naypyidaw's Ministry of Commerce, ...

14.07.08

Box Traffic at South Korean Ports Grows 2.7% in May

South Korean ports processed a total of 2.059 million TEUs of containers in May, increasing 2.7% year on year, according to a report compiled by the nation’s Ministry of Oceans and Fisheries. Overa...

14.07.04

ILWU, PMA Continue Talks on New Labor Agreement

Negotiations for a new labor contract covering nearly 20,000 dockworkers at 29 West Coast ports of the U.S. will continue to move forward as the existing, six-year coast-wide labor agreement expire...

14.07.02

Japan's Box Traffic to/from East Asia Surges in 5 Years

Japan handled a total of 17.91 million tons of foreign-trade containers in November 2013, growing 34% from the corresponding month of 2008, according to a nationwide research on cargo throughput at...

14.07.01

Japan, Malaysia Sign AEO Mutual Recognition Pact

Japan Customs signed a mutual recognition arrangement (MRA) of AEO (Authorized Economic Operator) programs with Malaysia in Brussels, Belgium on Friday. For Japan, Malaysia is the seventh MRA count...

14.06.27

EU set to extend liner shipping consortia exemption

The European Commission has extended by another five years until April 2020 the validity of the existing legal framework exempting, if certain conditions are met, liner shipping consortia from EU a...

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