Friday, December 11, 2020

China Containerized Freight Index (CCFI) 
  • Reuters: But due to China’s lopsided trade balance - exporting three containers for every one imported recently - and delays in containers returning to China due to the pandemic overseas, a severe shortage is now starting to pinch export flows. Roughly 60% of global goods move by container, and according to United Nations trade data there are close to 180 million containers worldwide.


  • Nearly 2,000 containers aboard a ship managed by NYK Shipmanagement of Japan were lost or damaged when it hit by stormy weather in the Pacific Ocean,

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