News
11.09.15
Trade Facilitation WG Proposes Easier Trade Formalities, AEO System Improvements
The Customs and Tariff Bureau of Japan’s Ministry of Finance’s (MOF) and the Trade Facilitation Working Group, a unit under its Council on Customs, Tariff, Foreign Exchange and Other Transactions,...
11.09.13
FMC to Propose Index-Linked Service Contract Rules
At its meeting last week, the U.S. Federal Maritime Commission (FMC) voted unanimously to move forward with a recommendation by the Container Freight Index and Derivatives Working Group to initiat...
11.09.12
Asia/Europe Box Traffic Rises But Freight Index Slips in July
Container movement grew steadily in both directions on the Asia/Europe trade in July 2011, according to Container Trades Statistics Ltd. of the U.K. Westbound shipments from Asia to Europe increas...
11.09.08
Think-tank Report Assesses Need of Logistics Subsidiaries
A recent survey revealed that enterprises that own in-house logistics service providers feel that it is not very necessary to have such subsidiaries in their groups. However, it was also indicated...
11.09.07
Europe-based Container Index Goes Live from Sept. 1
The World Container Index, the first Europe-based assessment of container freight rates, went live on schedule on September 1, 2011, ushering in a new era of price discovery and risk management so...
11.09.07
IADA Lines Set to Raise Intra-Asia Rates in October
Intra-Asia Discussion Agreement （IADA） lines have announced to increase freight rates by $75 effective on October 1, 2011 on all Asian strings excluding Japan. They plan to raise another $100 pe...
11.09.05
Shipments to/from Libya Still Restricted
French carrier CMA CGM has announced that the situation in Libya still prevents the carrier to resume its normal operations to and from the country. According to CMA CGM, shipments to Tripoli are ...
11.08.31
Asia to US Container Traffic Loses Momentum
Container trade between Asia and the U.S. was sluggish in June 2011, according to the Japan Maritime Center (JMC). Eastbound shipments from 18 Asian countries and regions to the U.S. decreased 3....
11.08.30
IADA Lines to Implement Rate Restoration in October
Intra-Asia Discussion Agreement （IADA） lines announced Monday that they are set to implement rate restoration on October 1, 2011, on a voluntary, non-biding basis. Under the plan, the freight ra...
11.08.29
Intra-Asia Container Traffic Grows 16% in July
Container traffic on the intra-Asia trade was brisk in July 2011, achieving a double-digit increase from a year earlier. The combined volume of containerized shipments handled by major shipping co...
