News
13.06.07
Korea to China Box Trade Surges 27% in Q1, But Rates Hover at Low Level
Member carriers of the Yellow Sea Liners Committee (YSLC) transported a total of 300,000 TEUs of containerized shipments from South Korea to China in the first quarter (January-March) of 2013, soar...
13.06.07
TSA Revenue Index Makes Contrast between US West Coast and East Coast
The TSA Revenue Index for services bound for the West Coast of the U.S. and interior point intermodal (IPI) services was 87.56 points in April 2013, the Transpacific Stabilization Agreement (TSA) u...
13.06.06
FMC Unveils Proposed Changes to Ocean Transport Intermediary Rules
The U.S. Federal Maritime Commission (FMC) recently has issued an Advance Notice of Proposed Rulemaking to amend its rules governing the licensing, financial responsibility requirements and duties ...
13.06.05
Tanjung Priok Port Faces Strike by Transporters
Hundreds of cargo handling companies including cargo distribution and trucking companies which operate a total fleet of 18,000 vehicles and manages 54,000 workers, went on a strike at Jakarta's Tan...
13.06.05
IRA Announces Rate Restoration Effective June 15
Member lines of the Informal Rate Agreement (IRA) have announced a rate restoration of $300 per TEU on cargo from Asia excluding Japan to the Middle East, effective June 15, 2013. The implementatio...
13.06.04
Mexico Set to Effect Rail Advanced Manifest Rule
The Mexican Government has issued an Official Journal which modified its General Rules on Foreign Trade, which involves the nation's Rail Advanced Manifest rule. The journal said effective June 10,...
13.05.31
TSA Recommends Further Rate Hikes Effective July 1
Transpacific container lines intend to pursue further revenue improvement that is essential if they are to achieve financial viability and maintain service levels customers expect in the service-in...
13.05.30
Information Committee Holds Intensive Seminar on Cloud Initiatives
The Information Committee of Japan International Freight Forwarders Association Inc. (JIFFA) held a special intensive seminar on cloud computing on May 28, 2013 at the association’s head office in ...
13.05.30
Intra-Asia Container Traffic Dips 3.3% in April
Container movement decreased 3.3% year on year to 1.215 million TEUs among 12 Asian economies in April 2013. Exports from Japan to the 11 other nations in the region went down 7.9% to 166,000 TEUs,...
13.05.29
Bangladesh Requires Importer's Business ID on Shipping Documents
Bangladesh's National Board of Revenue has issued a circular which requires all commercial banks to give clear instructions to the trading circles that Importers’ Business Identification Number be ...
