Japan’s exports to the United States rose for the fourth straight month in April on a year-on-year basis, surging 14.8 percent to 1.101 trillion yen ($10.69 billion), according to preliminary figures released by the Finance Ministry.
Drewry’s Hong Kong-Los Angeles Container Rate Benchmark rose $250 this week, achieving almost 63 percent of a proposed $400 per-40-foot-container general rate increase by USL and CMA CGM set for May 21.
Long Beach’s Board of Harbor Commissioners has unanimously approved a Port of Long Beach energy policy that will guide efforts for a more sustainable supply of power as demand increases.
Rebecca Blank, U.S. acting secretary of commerce, has honored 57 U.S. companies and organizations that export goods or services at the 2013 President’s “E” Awards ceremony...
Containerized export volume from Europe to North America reached 322,300 20-foot-equivalent units in March, its highest volume since July 2012 and the second highest volume in this lane since the JOC began collecting this data in January 2011, according to data from Container Trades Statistics, Ltd.
The DAT North American Freight Index fell 16.5 percent year-over-year in April 2013, down to 1488, compared with a record April high in 2012, according to the latest release from DAT.
Average less-than-truckload yield increased 3 percent in the first quarter among large publicly owned motor carriers tracked by The Journal of Commerce.
Despite challenging economic conditions, CargoWise’s revenue for the Americas region has increased by 34 percent year-over-year in the last 12 months, and the number of users expanded by 47 percent...