News
10.12.02
IADA Unveils Series of Rate Restorations for 2011
The Intra-Asia Discussion Agreement (IADA) at its Principals' Committee has adopted a business plan for 2011 as follows:Rate Restoration Plans for 2011 Jan 09 US$50/TEU for all areas other than ...
10.12.01
China Customs Requires CR Code and HS Code from January
According to recent changes in Customs regulations in China, effective January 1, 2011, all export and import shipments to/from China except for documents will be required an Importer/ Exporter Cu...
10.11.30
FMC Expected to Unveil Soon Final Rules for NVO Tariff Filing Exemption
The U.S. Federal Maritime Commission (FMC) is expected to announce within a few weeks the final rules which would exempt non-vessel-operating common carriers (NVOCCs) from tariff filing requiremen...
10.11.29
Carrier Report Sees Supply-Demand Gap Narrow
The world's container throughput is expected to grow from a year earlier in 2010 thanks to the recovery of the global economy, according to a report compiled recently by Nippon Yusen Kaisha (NYK)'...
10.11.26
Busan, Shandong Ports Tie up for Creation of Northeast Asia Hub
Busan Port Authority signed a memorandum of understanding on Tuesday with the four Shandong province ports of Qingdao, Yantai, Weihai and Rizhao for the creation of Northeast Asia Distribution Hub...
10.11.25
China Opens NVO Tariff Filing Center in Shanghai
China's Ministry of Transport (MOT) has opened a tariff filing center for Non-Vessel Operating Common Carriers (NVOCC) in Shanghai and thus is set to implement officially a NVOCC tariff filing sch...
10.11.18
CPR Announces Embargo on Perishable Box Traffic in Canada in Xmas Season
Canadian Pacific Railway (CPR) will embargo all export / import marine containers conveying perishable traffic effective 1700hrs local time on Friday the 17th of December 2010 through 0001hrs loca...
10.11.16
Saudi Arabian Customs Beef up Palletization Requirements
The government of Saudi Arabia has placed a requirement to use pallets for import shipments bound for Jeddah and Dammam. If cargoes destined to the ports are not palletized, fines of SAR300 per T...
10.11.15
APEC Seeks to Cut Logistics Cost for Cheaper Trade in Region
Foreign and trade ministers from the 21 economies Asia-Pacific region announced Thursday a joint statement called the ''Yokohama Vision'' after concluding a two-day meeting of the Asia-Pacific Eco...