China

China

Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
Containers in port
25 Aug 2014
Cargo is being rolled and space allocations are being cut on trans-Pacific eastbound services as capacity continues to tighten to the U.S. East Coast. Space to the U.S. West Coast is also extremely tight, shippers say, reflected in stronger volumes moving through West Coast ports.
24 Aug 2014
Carriers in the east-west head-haul trades may opt to cancel fewer sailings this year in response to reduced volumes of China during the country’s Golden Week holiday in early October.
Weekly wrap-up for Aug. 23, 2014
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
22 Aug 2014
Containerized furniture imports into the United States saw growth in the first half of 2014, as a strong number of shipments in the second quarter offset weak volumes in the first quarter.
SCFI: Asia-Northern Europe
22 Aug 2014
Another week of volatility in the spot market has brought container rates down over all of the major trade lanes, according to the latest readings of the Shanghai Containerized Freight Index.
22 Aug 2014
The Ningbo container truck driver strike is escalating with trucks clogging the terminal gates and forwarders warning customers to expect missed sailings and a shortage of boxes as carriers divert some calls to Shanghai.
Shoes in a store
21 Aug 2014
Containerized footwear imports into the United States plummeted in the first half of 2014, although the industry is optimistic sales will pick up in the second half of the year.
China's Ningbo port
21 Aug 2014
Violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line, according to the Hong Kong-based China Labor Bulletin.
21 Aug 2014
A good peak season will lead to a shortage of containers, with the inventory of new boxes standing at less than two months of the required levels, Singamas chairman Teo Siong Seng said in Hong Kong.
21 Aug 2014
Singamas chairman Teo Siong Seng does not believe the antidumping and countervailing duty investigation the company is facing in the U.S. will have a lasting effect on its business.