China

China

17 Dec 2014
Records are tumbling at Asia’s air freight hubs of Shanghai and Hong Kong this year, with double-digit growth reported at the main terminals in November and for the year-to-date.
Shanghai Containerized Freight Index, North Europe, week ending Dec. 20, 2013. Source: Shanghai Shipping Exchange
20 Dec 2013
Spot container rates from Asia to northern European and Mediterranean ports measured by the Shanghai Containerized Freight Index experienced declines of roughly $60 in the week ending Dec. 20, only one week after jumping more than $500 per 20-foot-equivalent unit in each lane last week. Carriers such as Mediterranean Shipping Co., Hapag-Lloyd, Maersk Line and CMA CGM had called for increases of between $750 and $775 per TEU.
American Airlines Cargo
20 Dec 2013
The International Air Transport Association has forecast that international freight volumes will jump 17 percent over the next five years.
20 Dec 2013
Improving transit times and favorable rates give air and ocean shippers another option China-to-Europe transportation options for automotive and high-value electronics shippers are much like that famous fairly tale about a blond-headed upstart and three bears. Ocean shipping is and was the slowest and cheapest mode, with a transit time of about 30 days but at roughly a tenth the price of air cargo delivery. And air cargo offers much faster delivery, but the expediency comes with far steeper prices that many supply chain managers would like to shake.
19 Dec 2013
SHANGHAI — The Chinese government appears to have leveled the playing field for foregin shipping companies and forwarders in terms of its new value-added tax on logistics.