News

 

25.08.04

WCI Declines 1% in Week 31

Drewry's World Container Index (WCI) declined only 1% in Week 31 and continued to stabilize after a volatile period. Unpredictability began after U.S. tariffs were announced in April, which caused ...

25.08.01

Gantry Crane to be Operated by Remote Control for 1st Time in Japan

Yokohama Kawasaki International Port Corp. (YKIP) and JFE Engineering, a Tokyo- and Yokohama-based engineering company, will operate a gantry crane by remote control on a trial basis at the Port of...

25.07.31

UP Agrees to Acquire NS

The Union Pacific Railroad (UP) announced on Tuesday that it had reached an agreement to acquire the Norfolk Southern Railway (NS) in a deal worth $85 billion. The merger would create the United St...

25.07.30

SCFI Falls for 7th Consecutive Week as Ex-Shanghai Rates Remain Weak

The composite Shanghai Containerized Freight Index (SCFI) came to 1,592.67 points in Week 30, down 3% from the previous week as spot rates for container exports from Shanghai remained weak on the U...

25.07.29

Global Container Port Throughput Index Rises 5.4% in May

The World Container Index (WCI) fell 3.3% from the previous week to $2,517 per FEU in Week 30, marking its sixth consecutive weekly decline. From a year earlier, the index plunged 57%. This ongoing...

25.07.28

WCI Falls 3.3% in Week 30, Making 6th Weekly Decline

The World Container Index (WCI) fell 3.3% from the previous week to $2,517 per FEU in Week 30, marking its sixth consecutive weekly decline. From a year earlier, the index plunged 57%. This ongoing...

25.07.25

Japan-US Container Exports Decrease 5% in June

Container exports from Japan to the U.S. amounted to 51,468 TEUs in June (based on volumes at port of origin), down 5% year on year for the third consecutive month of decline, Descartes Datamyne an...

25.07.24

Matson to Suspend Shipping EVs Due to Hazardous Lithium-Ion Batteries

Matson Navigation has announced that, effective immediately, it would suspend transporting battery-powered electric or plug-in hybrid electric vehicles (EVs) due to the hazardous material classific...

25.07.23

Asia’s Europe-Bound Exports Jump 16% in May

Container exports from Asia to Europe surged 16% to 1.81 million TEUs in May, growing year on year for the third consecutive month and setting a new monthly record, according to statistics compiled...

25.07.22

WCI Falls 2.6% in Week 29, Marking 5th Consecutive Week of Decline

Drewry's World Container Index (WCI) fell 2.6% from the previous week to $2,602 per FEU in Week 29, marking its fifth consecutive weekly decline. From a year earlier, the index plunged 56%. This on...

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