China

China

27 Aug 2015
A plummeting stock market and the devaluation of the yuan have knocked China down a peg, but the Asian manufacturing powerhouse will still grow its trade with the world more than 5 percent annually over the next five years, according to a recent IHS forecast.
27 Aug 2015
The listed units of China’s two largest shipping lines reported their interim results today with wildly diverging profits achieved by the two state-owned carriers in the first six months of the year.
27 Aug 2015
Tianjin Port Group chief executive officer Zheng Qingyue has been accused of dereliction of duty by China’s highest prosecutions agency after an investigation into the huge Tianjin blasts that killed at least 145 people earlier this month.
27 Aug 2015
Pearl River Delta specialist carrier Chu Kong Shipping Enterprises has reported first half net earnings up 16 percent year-over-year, following on from its healthy 14.6 percent annual profit earned in 2014.
26 Aug 2015
The Chinese government will slash seven shipping-related charges beginning in October in an effort to jump start trade as the government grapples with an economic slowdown.
25 Aug 2015
China and Kazakhstan are working to more than double containerized rail traffic bound for Europe via the launch of the Trans-Caspian international transport route connecting China, Kazakhstan, Azerbaijan, Georgia and Turkey.
25 Aug 2015
Kerry Logistics grew its net profit by 11 percent in the first half to $69 million, driven by strong growth in its core integrated logistics and freight forwarding segments, but raised concerns over weak economic conditions that are affecting the cargo handling business.
25 Aug 2015
China’s two main shipping lines and its second largest container port operator have neatly sidestepped the stock market rout of mainland stocks with their shares remaining suspended on the Shanghai and Hong Kong exchanges.
25 Aug 2015
Cosco Pacific is expecting a volatile second half of the year amid fierce competition in the container terminals and leasing business and has warned that the challenging operating environment will slow its throughput.
21 Aug 2015
Maersk Line on Thursday resumed liner services to the Port of Tianjin after temporarily suspending calls to the world’s 10th busiest port after an explosion that devastated the port and surrounding areas.
20 Aug 2015
After decades of moving operations overseas, executives at U.S. manufacturing and distribution firms say they’re coming home, or at least closer to home via Mexico.