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Shanghai Containerized Freight Index, U.S. West Coast, week of June 14, 2013. Source: Shanghai Shipping Exchange
 
SCFI: Asia-to-US Spot Rates Hit 15-Month Lows
U.S. Auto Part Imports. Source: PIERS
 
US Auto Parts Imports Grow But at Slower Pace
World Container Index rates to Shanghai. Source: World Container Index
 
WCI: Backhaul Rates to Shanghai Slump
U.S. scrap exports market shares - China vs. rest of the world. Source: PIERS
 
US Scrap Exports to China Losing Their Luster?

Press Releases

The Journal of Commerce Expands Asian Editorial Coverage and Event Programming
Trans-Pacific
Hactl Stages Seventh International Forklift and Pallet Building Competition
Hong Kong Air Cargo Terminals Limited (HACTL)
Yusen Logistics (Taiwan) Ltd. Qualifies as an AEO
Yusen Logistics
 

Cathay Pacific’s Cargo Volume Dropped in May

17 Jun 2013
Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 121,529 metric tons of cargo and mail in May, down 1.5 percent compared with May 2012.
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U.S. Footwear Imports. Source: PIERS
 
US Containerized Footwear Imports Up in First Quarter
17 Jun 2013
Containers of footwear imported through U.S. ports jumped 14 percent year-over-year in the first quarter of 2013, the largest increase since fourth quarter 2010, according to data from PIERS, a JOC sister company.
Shanghai Containerized Freight Index, U.S. West Coast, week of June 14, 2013. Source: Shanghai Shipping Exchange
 
SCFI: Asia-to-US Spot Rates Hit 15-Month Lows
14 Jun 2013
The Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes experienced further declines in the week of June 14, the third straight week of declines in these lanes. Rates have reached their lowest in more than 15 months, lost all gains from recent GRIs, and face new increases scheduled for July 1.
 
EU Takes China's Anti-Dumping Duties on Steel to WTO
13 Jun 2013
The European Union has requested consultations with China in the World Trade Organization concerning anti-dumping duties of 9.7 percent to 11.1 percent imposed on imports of high-performance stainless steel seamless tubes.
Kerry Logistics’ new Chongqing center.
 
Kerry Logistics Opens Three More Facilities in China
11 Jun 2013
Kerry Logistics has opened three new logistics centers in Chongqing, Wuxi and Xiamen, China, to continue its expansion in the nation.
 
China Railway Corp. Launches Express Cargo Service
11 Jun 2013
The China Railway Corp., a spinoff of China’s former Ministry of Railways, has launched a new express cargo service to allow it to better compete in the logistics market, Global Times reports.
U.S. Auto Part Imports. Source: PIERS
 
US Auto Parts Imports Grow But at Slower Pace
11 Jun 2013
Containers of auto parts imported through U.S. ports in the first quarter of 2013 were up year-over-year for a 14th straight quarter. Although the rate inched up from 8.1 percent in fourth quarter 2012 to 8.3 percent in first quarter 2013, the rate of growth has formed an overall trend of deceleration.
 
China Begins Investigation of European Wine Imports
07 Jun 2013
China has launched an anti-dumping and anti-subsidy investigation into wines imported from the European Union, Xinhua reports.
World Container Index rates to Shanghai. Source: World Container Index
 
WCI: Backhaul Rates to Shanghai Slump
06 Jun 2013
Backhaul rates from northern Europe fell 7.2 percent this week, the steepest drop since rates declined 12 percent in early December 2011, according to the latest release of the World Container Index.
 
Behrens-Sørensen Named to NOL Group’s Board
04 Jun 2013
NOL Group has appointed Tom Behrens-Sørensen to its board of directors.
 
EU to Impose Tariffs on Solar Panels Imported From China
04 Jun 2013
The European Commission has decided to impose provisional tariffs on solar panels imported from China, following a nine-month investigation, in order to counter the dumping of these products on the European market.