Home Page About us Forum MIL
Tracuu
 



Username
Password
 
Member Register


 
 
 
Login

     

Asia Exports Slide at NYK Line

10/28/2011 9:48:43 AM

Japan’s NYK Line says container volume from Asia to the United States and Europe fell 10.2 percent from September to August in a sharp slowdown during the peak fall shipping season.

 

The carrier hauled 101,000 20-foot-equivalent-units in September on eastbound trans-Pacific and Asia-to-Europe lanes in September, a 1 percent improvement over the same month a year but 11,000 TEUs behind the August figure.

 

The September slowdown marked an abrupt halt to accelerating growth NYK had seen during the summer, capped by a 10 percent gain in volume on Asia-to-U.S. lanes and an 8 percent increase in Europe-bound containers.

 

But the Asia-Europe business, where rates have been plunging to historic lows, weakened sharply in September, falling 12.2 percent from the August level and even 1 percent from September 2010.

 

Eastbound trans-Pacific trade was up 3.8 percent over the same month a year ago, but the trade lane scaled back 7.9 percent from August to September.

 

The container line still saw volume on the major east-west lanes grow in its fiscal second quarter ending Sept. 30, with Asia-U.S. business up 3.4 percent year-over-year and Asia-Europe flows up 1.5 percent.

 

The Journal of Commerce Online

RELATED NEWS
OTHER NEWS
COMMENTS

Your comment

Content:
Email / Name / Tel:
 
The most comprehensive and easy-to-use global marine weather application
With the Courtesy of Bao Hoang Yachts Co.
Click "HERE" to get your own 30day free trail
or contact Ms Phuong Bui at Vietnam Shipper:
phuongbq@vil.com.vn / 08.39330 148

On its way to develop alternative energy-sources for greener aviation, Airbus is also supporting basic research activities for electric aircraft concepts “eGenius”...
more ...
 
Which column are you most interested in VietnamShipper?
Very great
Great
Normal
Not very great

© 2005 Copyright byVietnam Institute of Logistics/ Vietnam Shipper. All right reserved. --- Contact for Advertisement

25th Floor, Pearl Plaza - 561A Dien Bien Phu Str., Binh Thanh Dist. HCMC - Vietnam - Tel: (+84.8) 3513 6399 - Fax: (+84.8) 3513 6359 - Email: admin@vietnamshipper.com