6.9 C
Monday, January 17, 2022

New CN mobile APP Available Now

New CN mobile APP Available Now

Home News Japan - US box trade declines for first time after February

Japan – US box trade declines for first time after February

Container exports from Japan to the United States in October decreased by 1.9% over the same month of last year to 43,823TEU, which translates to the first year-on-year contraction in eight months since February, according to American research company Descartes Datamyne.

Regarding the volumes between the two countries compared to the previous month, they shrank by 4.2%, according to the Japan International Freight Forwarders Association (JIFFA).

Additionally, shipments moved directly from Japan to the US accounted for 27,034TEU in October, representing a drop of 21.8% year-on-year, according to JIFFA.

In particular, direct shipments from the Asian country to the United States by origin were 11,005TEU from Tokyo, showing a decline of 33%, 8,768TEU from Nagoya which is down by 14.8%, and 4,773TEU from Kobe, which reflects a decrease of 29.1% year-on-year.

"In contrast, those from Yokohama were more than tripled, skyrocketing 274.5% to 925TEU, while those from Shimizu fell by 24.4% to 371TEU," noted JIFFA.

Latest Posts

SCA boss says Suez Canal expansion will be completed in July next year

The chairman of the Suez Canal Authority (SCA), Osama Rabie, has confirmed that the expansion of the canal is expected to be completed in...

COSCO offers “special train” service to its compatriot Hisense Group

COSCO Shipping Group has announced that a special train for Hisense Home Appliances fully loaded with Hisense electrical products departed from Jimo Port Station...

Box volumes boost at Port Saint John in 2021

Port Saint John in Canada has reported a 10% increase in its annual container volumes with 86,949 TEU moved through the port in 2021. This...

Port of Felixstowe reports record container cargo handling

Hutchison Ports-operated Port of Felixstowe has handled the largest number of containers ever on a single ship in Europe, when the UK port's dockers...

CN Photo Project: The Picture of the Week

Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...