On the eve of a host of planned general rate increases, Asia-North Europe spot rates tumbled 8.2 percent this week, shedding most of the sharp gains made since mid-January, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
12 Mar 2014
Rising labor costs and a shortage of workers in coastal China are two of the most serious problems footwear producers in that country face...
12 Mar 2014
Carriers’ schedule reliability from Shanghai to Oakland, Calif., showed the greatest variation in eastbound Asia-to-Southern California route performances...
09 Mar 2014
China’s target of 7.5 percent GDP growth in 2014 will be a spur to shipping demand in the coming months, according to one shipping analyst.
04 Mar 2014
LONG BEACH, Cal.--The U.S. is becoming an increasingly attractive place to source manufacturing production, putting it on a par with Mexico as the preferred near-sourcing location, according to the latest AlixPartners Manufacturing Sourcing Outlook.
03 Mar 2014
LONG BEACH, Calif. — A rising tide of protectionism, combined with “low-growth” policies, is impeding the global economic recovery and could threaten historic levels of prosperity, Frederick W. Smith, the chairman, president and CEO of global transport operator FedEx, said today.
26 Feb 2014
Containerized cargo at Gulf ports is benefiting from a north-to-south shift in U.S. population growth, growth in the region’s automotive and chemical industries and investment in container-handling facilities.
25 Feb 2014
Air freight operators have almost completed their shift of capacity back into China following the Lunar New Year celebrations.
24 Feb 2014
CMA CGM has launched the Equatorial Guinea Express, a weekly, direct service from Tanger-Med to the ports of Bata and Malabo in Equatorial Guinea.
21 Feb 2014
Japan’s exports to the United States rose for the 13th straight month in January on a year-on-year basis, soaring 21.9 percent to ¥1.0 trillion (US$9.9 billion), according to preliminary figures released by the Finance Ministry on Feb. 20.
21 Feb 2014
Despite fears of an economic slowdown and the Chinese New Year factory shutdown starting earlier this year than in 2013, most of China’s top container ports recorded healthy levels of throughput growth last month, according to the latest figures from the Shanghai Shipping Exchange.