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National Federation of Dockworkers Unions prepares for strike at all ports and in all occupations

On April 20, the National Federation of Port and Harbor Workers' Unions (NFFW) notified the Japan Port Transport Association that it is ready to take various actions, including a strike at all ports and in all occupations, in connection with the issue of the opening of a new ferry route between Yokosuka Port's Shinko Pier and the Port of Kitakyushu. They also requested the Port and Harbor Bureau of the Ministry of Land, Infrastructure, Transport and Tourism to cooperate in resolving the issue.

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Airfreight Rate Continue to Rise

The Baltic Exchange Airfreight Index (BAI) shows rising rates from Hong Kong to Europe and North America, increasing year-on-year and slightly compared to May. In June, rates to North America rose by

CCFI Summary week 27

Ocean freight rates increased via the West Coast of North America (+6.1% week-on-week), Europe (+7.7%), via the East Coast of North America (+2.2%), and in Korea (+4.4%).

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