Containerized exports from Far East Asia to the Indian subcontinent and the Middle East reached 646,600 20-foot-equivalent units in April 2013, the most TEUs exported in this lane since May 2012, according to data from Container Trades Statistics. Exports increased marginally month-to-month and year-over-year.
Trans-Pacific | Jun 14, 2013 1:00PM EDT
Asia-Europe | Jun 14, 2013 12:52PM EDT
Asia-Mediterranean spot freight rates measured by the Shanghai Containerized Freight Index gave back $20 in the week ending June 14, after gaining $462 from a June 1 general rate increase. UASC, CSCL and Maersk planned to increase rates by $500 to $750 per 20-foot container, while Cosco and MSC sought to put into effect peak-season surcharges of $300 and $700, respectively.
Association of American Railroads | Jun 13, 2013 2:33PM EDT
Canadian intermodal volume fell 3.3 percent year-over-year in the week ending June 8, following 10 weeks of increases, according to the Association of American Railroads. The two most recent previous weeks showed 20 and 30 percent jumps. Volume also inched down 0.4 percent from the week before to 53,745 trailers and containers.
Genesee & Wyoming | Jun 13, 2013 10:36AM EDT
Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, experienced a third straight month of growth in May 2013.
Panama Canal News | Jun 12, 2013 4:29PM EDT
The number of container ships passing through the Panama Canal continued to slide in May 2013, down 9 percent year-over-year. The pace of the decline has accelerated over the past two months.
Hong Kong Air Cargo Terminals Limited (HACTL) | Jun 12, 2013 11:31AM EDT
Air cargo handled by Hong Kong Air Cargo Terminals Ltd. showed a slight year-over-year decrease in May 2013, resulting from a 1 percent drop in imports.
Intermodal Shipping | Jun 11, 2013 4:31PM EDT
U.S. intermodal rates going east-to-west and west-to-east saw slight increases this week, although a larger drop in the south-north index kept the overall U.S. index down 14 cents below where it stood last week, now at $1,978.61, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS.
Container Lines | Jun 7, 2013 1:39PM EDT
Asia-North Europe spot freight rates measured by the Shanghai Containerized Freight Index slid 6.7 percent in the week ending June 7 from the previous week, extending a slide that began in late March as carriers struggle to fill a slew of new capacity entering the trade during Europe’s ongoing recession.
Association of American Railroads | Jun 6, 2013 3:09PM EDT
Mexican intermodal volume rose 5.3 percent year-over-year in the week ending June 1, following six weeks of declines, according to the Association of American Railroads.
North America-Africa | Jun 6, 2013 1:08PM EDT
Containerized exports from sub-Saharan Africa to Far East Asia, Australasia, and Indian Subcontinent and Middle East regions saw steep declines in March.
Asia-Europe | Jun 6, 2013 11:32AM EDT
Backhaul rates from northern Europe fell 7.2 percent this week, the steepest drop since rates declined 12 percent in early December 2011, according to the latest release of the World Container Index.
Trans-Atlantic | Jun 6, 2013 11:24AM EDT
Trans-Atlantic rates between New York and Rotterdam dipped in the week of June 6 after two weeks of slight increases, according to the latest release of the World Container Index.
Trans-Pacific | Jun 5, 2013 10:29AM EDT
Containerized export volumes from South and Central America declined again in March, with the exception of exports to the Indian subcontinent and the Middle East, which saw significant growth, according to data from Container Trades Statistics, Ltd. Exports in all other trade lanes remained flat or fell this month.
Intermodal Shipping | Jun 5, 2013 8:08AM EDT
The overall U.S. intermodal rate index showed a slight increase for a third straight week, rising 0.3 percent or $5.69 to $1,978.75, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS.
Asia-Europe | May 31, 2013 1:09PM EDT
The Shanghai Containerized Freight Index to Mediterranean ports experienced a 59 percent jump as a round of June 1 general rate increases and peak surcharges set to go into effect.
Association of American Railroads | May 30, 2013 2:34PM EDT
U.S. carload traffic fell 3.3 percent year-over-year in the week ending May 25, according to the Association of American Railroads.
Asia-Europe | May 30, 2013 2:26PM EDT
Backhaul rates from northern Europe fell again this week, currently at their lowest rate since January 31, according to the latest release of the World Container Index.
Trans-Atlantic | May 30, 2013 12:26PM EDT
Trans-Atlantic westbound rates rose $48 per 40-foot container in the week of May 30, according to the latest release of the World Container Index.