Containerized exports from Europe increased in May year-over-year, according to data from Container Trades Statistics. All regions except the Europe-North America trade lane saw increases for a second month.
Intermodal Shipping | Jul 22, 2013 3:41PM EDT
The average revenue per intermodal load rose 10 percent year-over-year in June 2013, more than double the increases seen in the previous four months, according to the Intermodal Association of North America. The yield amounted to $2,816 per intermodal shipment, up from $2,557 in June 2012.
Truckload Freight | Jul 22, 2013 3:04PM EDT
The DAT North American Freight Index slipped 9.5 percent year-over-year in June 2013, down to 1606, according to the latest release from DAT. This is the fifth straight month of declines.
International Air Freight | Jul 19, 2013 4:16PM EDT
The Shanghai Export Air Freight Index, as reported by Drewry, fell in June, dropping roughly 7 percent year-over-year. This followed months of double-digit declines.
Asia-Europe | Jul 19, 2013 11:17AM EDT
Container spot freight rates from Asia to European ports measured by the Shanghai Containerized Freight Index fell further in the week ending July 19, losing more of their achievements from the July 1 general rate increase. This was the third straight week of decreases, pulling total gains from the GRI down to $726 per 20-foot container in northern European ports and $69 in the Mediterranean.
Association of American Railroads | Jul 18, 2013 3:54PM EDT
U.S. intermodal volume increased 1 percent year-over-year for the second straight week in the week ending July 13, according to the Association of American Railroads.
Trans-Pacific | Jul 18, 2013 10:59AM EDT
Containerized exports from Far East Asia to all reported regions saw year-over-year growth in May 2013, according to data from Container Trades Statistics Ltd. Exports to Australasia/Oceania, the Indian subcontinent and the Middle East, and Sub-Saharan Africa all experienced double-digit growth. “Global trades have continued to grow in May raising hopes that a sustainable containerized volume recovery could finally drag the industry out of the current downturn,” CTS said in a recent release.
Intermodal Shipping | Jul 17, 2013 2:32PM EDT
The composite index of U.S. intermodal rates for the week of July 15 rose $20 from the week before, a result of increases in all directional indices, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. The index climbed 1 percent to $2,019 in the week of July 15.
Genesee & Wyoming | Jul 12, 2013 5:19PM EDT
Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, continued to experience year-over-year growth in June, although at a diminished rate compared to previous months. Its 2013 numbers, when compared to 2012, show extremely large increases because of its acquisition of RailAmerica. However, June 2013’s volume still stands higher than the combined total of G&W and RailAmerica’s separate numbers for June 2012.
Asia-Europe | Jul 12, 2013 12:42PM EDT
Spot freight rates from Asia to European ports measured by the Shanghai Containerized Freight Index lost another chunk of the recent general rate increase in the week ending July 12. This was the second straight week of declines following a substantial increase for each lane on June 28.
Association of American Railroads | Jul 11, 2013 3:17PM EDT
North American intermodal volume increased 1.8 percent year-over-year in the week ending July 6, after breaking the recent upward trend and falling 1.4 percent last week, according to the Association of American Railroads. Prior to last week, North American intermodal volume had been up for 12 weeks straight.
North America-Africa | Jul 11, 2013 3:10PM EDT
Containerized exports from sub-Saharan Africa to Latin America jumped 16.7 percent in April. Exports to the other regional trades fell or remained flat year-over-year, with the largest drop being in containers exported to North America, according to data from Container Trades Statistics, Ltd.
Intermodal Shipping | Jul 11, 2013 3:04PM EDT
The number of 40-foot containers available for export in Chicago in the week of July 10 was below zero for the fifth consecutive week, according to the U.S. Department of Agriculture's weekly Ocean Shipping Container Availability Report. Carrier data used in the report indicates 1,073 40-foot containers will be needed this week but are not available at this location, the largest deficit since the USDA began reporting container availability exactly one year ago.
Panama Canal News | Jul 10, 2013 2:52PM EDT
The number of container ships passing through the Panama Canal fell further in June, down 9.5 percent year-over-year. This followed two previous months of accelerating declines, and is the fifth consecutive month showing year-over-year decreases in total.
Intermodal Shipping | Jul 10, 2013 7:31AM EDT
U.S. intermodal rates for the week of July 8 inched down 0.4 percent from the week before, with rates slipping for a second consecutive week, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS.
Asia-Europe | Jul 9, 2013 3:20PM EDT
Trans-Pacific westbound rates from Los Angeles to Shanghai rose in the week of July 4, their first increase in 10 weeks, according to the latest release of the World Container Index. Europe-to-Asia eastbound rates weakened despite a proposed July 1 general rate increase.
Hong Kong Air Cargo Terminals Limited (HACTL) | Jul 9, 2013 2:28PM EDT
Air cargo imports handled by Hong Kong Air Cargo Terminals Ltd. declined sharply year-over-year in June, falling to 49.4 million kilograms from 58 million in June 2012. Overall air cargo volume fell 3.2 percent as a result, to 169.4 million kilograms.
Trans-Atlantic | Jul 9, 2013 11:29AM EDT
Containerized export volumes from South and Central America rebounded from a disappointing March to an encouraging April that saw increases in exports in almost all lanes, with the exception of a drop to sub-Saharan Africa, according to data from Container Trades Statistics, Ltd.