China

China

28 Aug 2014
China Shipping Container Lines (CSCL) drifted into positive territory in the first half as a gain from one-time asset sales offset high costs and stubbornly weak freight rates that are troubling the liner industry.
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.
20 Aug 2014
China’s robust container throughput growth began to slow at major mainland ports in July as a European restocking drive faded and U.S. orders were brought forward to beat potential West Coast strikes.
Maersk McKinney-Moller
19 Aug 2014
Maersk Line and Mediterranean Shipping Co. do not require regulatory approval from China for their proposed “2M” vessel sharing agreement on the east-west trades, Maersk Line said today.