Asia

Asia

24 Dec 2014
Fresh food is fast becoming the next e-commerce frontier in China, and the country-wide demand is driving the expansion of cold chain logistics in the mainland that has been a weak point for years.
14 Dec 2014
The long running investigation into Asia forwarders fixing fees and surcharges on Japan-Singapore routes between 2002 and 2007 was finally brought to a close with the Competition Commission of Singapore (CCS) handing out $5.4 million in fines.
12 Dec 2014
For the sixth week in a row, JOC.com’s top stories center around continuing congestion at U.S. West Coast ports. But while eight of the top 10 stories centered on labor strife and delays, two other stories garnered attention: the massive, $1.1 trillion cromnibus spending bill in the U.S., and the factory shift from China to Vietnam.
12 Dec 2014
Carriers announced GRIs this week for several major trade lanes, all effective on Jan. 15. Spot rates on Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, has dropped 23.5 percent in the five weeks since Nov. 6.
12 Dec 2014
Shippers and ocean carriers, left reeling from months-long congestion and berthing delays at India’s largest container port complex, Nhava Sheva (Jawaharlal Nehru Port Trust), are unlikely to get a break in the near future, as the port authority has been forced to push back an equipment modernization program by a month following delays in the arrival of new gantry cranes.
12 Dec 2014
NVOCCs and forwarders will be required to submit house bills of lading to China customs when the country's advanced manifest system is implemented in March.
12 Dec 2014
The container throughput counter at Ningbo-Zhoushan port clicked over to 20 million TEUs at midnight last night, effectively sealing its place as the world’s fifth busiest container port and relegating Korea’s transshipment hub Busan to sixth place.
12 Dec 2014
One of the effects of larger vessels being deployed is that transshipment hubs will see fewer vessels making calls, but they will stay for longer and generate more container volume, a trend that is becoming more evident in Hong Kong.
11 Dec 2014
Aqaba Container Terminal, Jordan’s only container port, apologized for delays caused by a worker strike last week, which left nearly 10 days worth of container traffic stranded.
11 Dec 2014
The number of containers handled at major ports in India climbed 8.32 percent year-over-year from April through November, the first eight fiscal months, continuing an accelerating growth trend that leaves state-owned port authorities on track to meet annual throughput targets.
11 Dec 2014
Growing domestic consumption in China has seen four companies expanding their Global Logistic Properties warehousing space by 700,000 square feet in six locations across the country.