News
22.11.10
Global Port Tracker report unveiled
It is projected that 2022 holiday retail sales will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion, according to a Global Port Tracker report by the National Retail F...
22.11.09
SCFI Declines More Severely in Week 44 Despite Capacity Control
Container exports from China experienced freight rate decreases on major trade lanes in Week 44. They declined more severely than in the previous week despite efforts made by carriers to control ca...
22.11.08
APSEZ Marks 3% Growth in Container Lifting in H1 of FY2022
Adani Ports and Special Economic Zone (APSEZ) handled 177.47 million tons of cargo in the first half of fiscal 2022 (April-September), which grew 11% year on year. Dry bulk cargo increased a notabl...
22.11.07
WCI Down for 36 Weeks Running
The composite World Container Index (WCI) decreased by 3% to 3,094.73 per FEU in Week 44, the 36th consecutive weekly decrease, and has dropped by 67% when compared with the same week of last year....
22.11.04
Atlas, Poseidon Agree on Acquisition
Atlas and Poseidon Acquisition, an entity formed by certain affiliates of Fairfax Financial Holdings; certain affiliates of the Washington family; David Sokol, chairman of the board of Atlas; Ocean...
22.11.02
China-WCNA Rates Fall Below $2,000/FEU for 1st Time in 29 Months
Container exports from China decreased in volume in Week 43 due to weaker consumer sentiment despite the fact that container movement normally grows this time of the year in preparation for the Chr...
22.11.01
Think Tank: Indexes Negative in Exports, Imports of Sea, Air Cargo
Indexes were all negative in July-September for exports and imports of oceangoing containers and international airfreight, NX Logistics Research Institute and Consulting said. The think tank, a mem...
22.10.31
WCI Decreases for 35 Weeks Running
The composite World Container Index (WCI) decreased by 7% to $3,145.11 per FEU in Week 43, the 35th consecutive weekly decrease, and has dropped by 67% when compared with the same week of last year...
22.10.28
BRS Rejects Tentative Agreement Following BMWE
Sixty-one percent of the Brotherhood of Railroad Signalmen (BRS)'s members has voted against the ratification of a five-year tentative agreement reached on Sept. 15 that contains 24% wage increases...
22.10.27
Japan, India Hold 1st In-Person Logistics Meeting
The Ministry of Economy, Trade and Industry (METI) of Japan met with a delegation from India middle this month for a fourth logistics meeting convened in accordance with the industrial competitiven...
