Asia

Asia

23 Sep 2014
China’s logistics industry is expected to show double-digit growth over the next five years, continuing a trend of 21 percent compound annual growth since 1991 and driven by rising online shopping and a growing trend of outsourcing non-core activities.
22 Sep 2014
Kerry Logistics aims to tap growing trade between Asia and Oceania, and between Australia and New Zealand through a joint venture with a New Zealand-based global freight forwarding company.
22 Sep 2014
Shanghai may be the busiest container port in the world, but almost half the boxes that cross its wharves every year are first carried down the mighty Yangtze River from manufacturing hubs deep inland.
21 Sep 2014
The Dubai Maritime City Authority has announced plans to establish a maritime arbitration center.
20 Sep 2014
Spot freight rates on the key Asia-north Europe trade are reported to have slumped to just $750 per 20-foot container, down more than $1,000 since the beginning of the year.
20 Sep 2014
China’s Ministry of Environmental Protection is considering new regulations that would put provincial authorities in charge of approving wastepaper imports that the ministry now regulates.
19 Sep 2014
India and China signed 16 memorandums of understanding, including a five-year trade and economic cooperation plan, in a major attempt to address the growing trade imbalance between the two countries.
Ocean carrier rate revision roundup for Sept. 19
19 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
19 Sep 2014
Air cargo out of Asia is seeing its first peak season in five years, and better capacity management among cargo carriers is set to push up freight rates into the last quarter.
18 Sep 2014
Japan’s trade surplus with the United States shrank sharply in August, as exports to the U.S. declined while imports surged at a double-digit pace, according to preliminary trade figures released Thursday by Japan’s Finance Ministry.
18 Sep 2014
U.S Senate investigators said Wednesday that computer networks of transportation companies that work for the U.S. military were broken into 20 times in one year by hackers with links to the Chinese government, highlight the growing cyberattack risk to shippers and carriers.