China’s factories in November delivered mixed results, with purchasing manager’s indices showing manufacturing activity for large state-owned firms hitting a three-year low, while small and medium factories recorded a slight improvement.
01 Dec 2015
Russia and China plan to spend $3 billion to build two rail corridors aimed at encouraging the movement of containerized freight from the northeastern provinces of China to Russia’s Far-East ports.
01 Dec 2015
Talks between state-owned giants Cosco and China Shipping will continue into the new year, the groups said in exchange filings, six months after trading in shares of their listed subsidiaries was suspended.
29 Nov 2015
IT platforms are transforming China’s less-than-truckload market, with a flood of Uber-like apps for trucks being used within cities and in the intra-city business, according to a Goldman Sachs logistics report.
27 Nov 2015
The top 100 cold chain logistics players in China account for just 0.4 percent of the market, with the highly fragmented nature of the supply chain struggling to keep up with rapidly rising demand.
24 Nov 2015
Container terminals in China looking to improve their environmental performance need look no further than Shekou Container Terminals.
24 Nov 2015
China’s top eight container ports handled fewer containers in October compared with the same period last year as Customs data for the month showed worse than expected international trade figures.
18 Nov 2015
China’s Belt and Road initiative means opportunities for maritime and logistics players despite inherent risks with investing in some of the markets along the planned routes, according to top executives from three leading China-based logistics and port companies.
17 Nov 2015
China government pressure on container lines to reduce export surcharges to support slumping exports is focused primarily on local charges with the impact so far being limited, according to a firm that provides online pricing tools and has visibility of carrier surcharges being assessed out of China.
12 Nov 2015
The headline numbers of Alibaba’s Singles Day shopping festival are impressive — 60 percent growth in gross merchandise value recorded compared to last year — but of greater relevance is the rapid rise of orders placed through smartphones.
11 Nov 2015
Minority shareholders not controlled by Beijing may be the biggest problem faced by attempts to merge Cosco and China Shipping Container Lines believes investment equity firm Jefferies.