News
22.03.23
China’s Box Throughput Ramps up 4.6% in February
Chinese ports handled 19.44 million TEUs of containers in total last month, up 4.6% from February of last year, according to a preliminary announcement made by the nation’s Ministry of Transport (M...
22.03.22
Ukraine War Would Boost Ocean Rates by 5-8%: UNCTAD
UNCTAD has unveiled its assessment report of the Ukraine war’s impact on trade and development which shows a rapidly worsening outlook for the world economy, with the situation especially alarming ...
22.03.22
World Container Index Dips below $9,000/FEU Mark
Drewry's World Container Index composite index decreased by 3.8% to $8,832.23 per 40ft container, but is 79% higher than the same week in 2021. The WCI composite index fell below $9,000 per 40ft co...
22.03.22
Malaysia Becomes 12th Country to Implement RCEP
The Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal so far, went into effect in Malaysia on Friday. RCEP took effect on January 1, 2022 to create the world's larg...
22.03.17
US to Launch Supply Chain Data Initiative
The White House has announced that Director of the National Economic Council (NEC) Brian Deese and Secretary of the Department of Transportation (DOT) Pete Buttigieg met with key stakeholders in th...
22.03.16
SCFI Slumps for Eight Consecutive Weeks
The composite Shanghai Containerized Freight Index (SCFI) stood at 4,625.1 points in Week 10, going down 2.6% from the previous week and trending down for the eighth week in a row, according to the...
22.03.15
Port of Yokohama’s Box Throughput Grows 7.5% in 2021
The Port of Yokohama processed a total of 2,861,197 TEUs of international and domestic containers in 2021, up 7.5% from the previous year. Containers to and from other countries and regions account...
22.03.14
Asia-US Box Trade Sets New February Record
Container exports to the U.S. from 10 major countries and regions in Asia amounted to 1,693,680 TEUs in February (based on volumes at ports of loading where containerized shipments are loaded aboar...
22.03.11
Box Throughput at Port of Osaka Soars 16% in January
The Port of Osaka handled 191,660 TEUs of loaded and unloaded containers in total in January, up 16% from the corresponding month of 2021, according to a preliminary report unveiled by the Osaka Po...
22.03.09
Ex-Shanghai Spot Rates Decline Except for USWC-Bound Boxes
The composite Shanghai Containerized Freight Index (SCFI) went down 1.5% from the previous week to 4,746.9 points in Week 9, remaining on a downward trend for the seventh week in a row, the Shangha...
