NEWARK, N.J., June 30, 2014 /PRNewswire/ -- The Shanghai Containerized Freight Index (SCFI), the most widely followed spot container rate index, will be presented in interactive and visualized form on JOC.com under an agreement between JOC Group Inc. and the Shanghai Shipping Exchange, publisher of the SCFI Index. The agreement was signed by Wang Dongjiang, Vice President, Shanghai Shipping Exchange and Peter Tirschwell, Executive Vice President and Chief Content Officer of JOC Group on June 20th at a ceremony at the Shanghai Shipping Exchange headquarters.
Under the agreement, the SCFI main index and several sub-indices covering the Eastbound Trans-Pacific and Asia-Europe trades will be presented as part of extensive market data displays on JOC.com. JOC.com is the must-subscribe-to online information source for professionals in the container shipping and logistics field globally. In no other business or industry media is the SCFI presented in the level of detail as found on JOC.com.
The market data dashboards on JOC.com present extensive data pertaining to transportation pricing, volumes and other metrics organized by trade lane, transport mode, and data type. The dashboards display key calculations, such as year over year and year to date percent changes, allowing JOC.com subscribers to quickly digest major market trends and interpret the data in light of their own business perspective.
Regarding the newly signed agreement, Wang said, "We welcome this cooperation with JOC Group which will bring valuable information to JOC readers about the spot container rate market."
JOC Group CEO, Gavin Carter, stated, "We are delighted to be able incorporate detailed SCFI trade lane indices into JOC.com, and also to be able to enhance our longstanding and positive information sharing relationship with the SSE, a leading data and information provider and maritime industry leader in China."
About JOC Group Inc.: JOC Group Inc. is the authoritative provider of business intelligence, data and events covering the global container shipping and logistics market. Through its PIERS and JOC products - online, print and events - JOC Group Inc. provides the access, intelligence, insight and support which enable our customers to establish and maintain critical customer connections and make informed decisions to compete effectively in the global marketplace. JOC.com is the leading information portal providing a mix of editorially created content and pertinent visualized data combining over 200 different data sets. JOC Group's leading industry events include TPM (held annually in Long Beach, CA), TPM Asia and JOC Inland Distribution. Through PIERS, the world's most comprehensive database of U.S. waterborne trade, international businesses from transportation, chemical, energy and finance sectors analyze unique intelligence to inform critical business decisions. For more information visit www.JOC.com/group.
JOC Group Inc. is part of the AXIO Data Group, owned by Electra Partners, an independent private equity fund manager with more than 30 years' experience in the mid-market. As of September 2012, the firm had funds under management valued at over $2 billion. The firm's flexible investment approach allows it to invest across a broad range of sectors and financial instruments including equity, senior equity, convertibles and mezzanine debt. For further information please visit www.axiogroup.net or www.electrapartners.com
SOURCE JOC Group Inc.