China

China

26 Feb 2015
China’s train to Spain arrived in the city of Yiwu this week after completing the world’s longest rail route, and while the journey has been billed as a “success” by its operator, there is little information on the actual economics of the rail option to Europe.
26 Feb 2015
Mediterranean Shipping Co. plans in late April to launch a new container service directly linking India and China to capitalize on the booming intra-Asia cargo trade.
26 Feb 2015
The top 20 Chinese ports had a throughput of 15.5 million 20-foot containers in January, with Shanghai and Shenzhen terminals handling almost half of them, according to Shanghai Shipping Exchange data.
25 Feb 2015
Retailers continue to feel the hangover of West Coast port gridlock that will persist for weeks despite tentative agreement on a coastwide longshore labor contract.
25 Feb 2015
Shipping lines in the eastbound Pacific confirmed on Wednesday their intention to raise freight rates $600 per 40-foot container for all shipments on March 9, and to increase rates an additional $600 per FEU on April 9.
24 Feb 2015
Less container ship capacity is expected to be scrapped this year, as the price of steel continues to drop and the pool of older vessels shrinks, analysts say.
19 Feb 2015
In an encouraging sign for the still-struggling Japanese economy, the nation’s exports got off to a powerful start this year, with shipments to the U.S. and some other major trading partners in January rising at a double-digit pace compared to the prior year.
17 Feb 2015
While Greece struggles to escape financial ruin and an exit from the eurozone, it has cemented its position as the world’s leading shipping nation.
13 Feb 2015
U.S. Trade Representative Michael B. Froman announced Wednesday that the Obama administration is filing a sweeping case at the World Trade Organization against a Chinese government program known as the National Auto and Auto Parts Export Base.
12 Feb 2015
Developer Goodman Group capitalized on the strong demand for prime logistics space in the country in the past six months, ending the first half of its financial year with 22 properties and 12 development projects.
12 Feb 2015
With less than a week to the Chinese New Year factory shutdowns and congestion delays frustrating trans-Pacific shippers, DHL is ensuring it has enough air cargo space on its U.S. routes to handle the rising demand.