China

China

Cosco container ship in Port of Oakland
29 Apr 2015
China Cosco Holdings reported a first-quarter loss of $166 million just hours after being forced to make its second unusual trading announcement of the month as rumors that the carrier would be merged with China Shipping Container Lines continued to galvanize the market.
29 Apr 2015
Global Logistics Properties (GLP) this week signed new lease agreements in China totaling more than 1.5 million square feet with retailers and third-party logistics providers.
28 Apr 2015
There used to be few alternatives to manufacturing in China, but this infographic details how rising production costs in the "Factory of the World" is allowing sourcing competitors to threaten that dominance.
27 Apr 2015
Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.
27 Apr 2015
U.S. consumer spending and new homebuilding are forecast to grow so steadily this year that imports from Far East Asia are likely to grow by a faster-than-expected 4.5 percent, year-over-year.
CSCL Globe, China Shipping container ship
27 Apr 2015
China Shipping Container Lines in the first quarter continued its profitable turnaround that began with a positive 2014 annual result, reporting a 305 percent increase in net profit to $40 million.
HIT in Hong Kong
27 Apr 2015
Hutchison Port Holdings Trust recorded a fall in first-quarter net profit of 49 percent, as a one-off gain in March last year and slowing foreign trade hit the performance of its Pearl River Delta terminals.
27 Apr 2015
Cosco Pacific shrugged off concerns of a slowing China as its first-quarter net profit surged almost 20 percent and container volumes grew by 6.6 percent compared to the first three months of last year.
26 Apr 2015
With West Coast port congestion and container backlogs easing faster than predicted, beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.
22 Apr 2015
Japan posted a monthly trade surplus for the first time in nearly three years in March, as exports grew on the back of a weaker yen, led by robust U.S.-bound shipments, while imports tumbled due largely to lower oil prices.
20 Apr 2015
Five more Chinese ports can now allow foreign-flag vessels to provide cabotage services to their container terminals.