News
22.04.08
Japan, Thailand Agree on AEO Mutual Recognition
Customs and Tariff Bureau of Japan's Ministry of Finance and Thailand’s Customs Department have signed a mutual recognition agreement (MRA) of Authorized Economic Operators (AEOs). Under the MRA co...
22.04.07
Shanghai Spot Rates Continue to Lose Ground
The Shanghai Containerized Freight Index (SCFI), the index for spot rates for container exports from the Chinese port, fell 2% from the previous week to 4,348.71 points in Week 13, remaining on a d...
22.04.01
Korea-China Box Trade Shrinks 4% in February Due to Lunar New Year
The total volume of containerized shipments moved in both directions between South Korea and China fell 4% year on year to 208,700 TEUs in February, according to statistics compiled by the Yellow S...
22.03.31
Korea-SE Asia Box Trade Turns Downward in February
Containerized shipments traded between South Korea and eight other Asian economies amounted to 318,300 TEUs in February, going down 7.7% from the 344,800 TEUs moved on the same route a year ago. It...
22.03.30
Shanghai Spot Rates Continue to Fall on Major Trade Routes
The Shanghai Containerized Freight Indexes went down in Week 12 on all trade routes but in intra-Asia waters. Spot rates for container exports from Shanghai to the east coast of North America fell ...
22.03.29
Shanghai Lockdown May Bring about Supply Chain Disruptions
Shanghai has gone into a new lockdown in the Pudong New Area to contain Covid-19 outbreak, creating concerns over supply chain disruption. Residents of these districts are required to stay within t...
22.03.24
Containerized Exports from Japan to US Jump 42.3% in February
Outbound containers from Japan to the U.S. jumped 42.3% to 45,327 TEUs in February, accomplishing a year-on-year increase for two back-to-back months, Descartes Datamyne recently announced. From th...
22.03.24
China Predicts Strong Container Shipping Demand in 2022
A recent report announced by China's Ministry of Transport predicts the container transportation market remains strong through the course of this year. The report titled ''2021 Water Transportation...
22.03.23
Ex-China Box Rates Fall on Europe, North America Routes
The composite index for container exports from the Chinese port of Shanghai declined 1.8% from the previous week to 4,540.31 points in Week 11. It was negatively impacted by lockdowns imposed in ma...
22.03.23
San Pedro Bay Ports Clean Truck Fund Rate Collection to Begin April 1
The ports of Long Beach and Los Angeles on April 1, 2022 will begin collecting a rate of $10 per TEU on loaded import and export cargo containers hauled by drayage trucks as they enter or leave con...
