China

China

Nicaragua canal
20 Oct 2014
The HK Nicaragua Canal Development Investment Co. estimates it can complete a Nicaragua canal in five years at a cost of $40 billion, but more realistically, it will cost at least twice that amount and take 10 or more years to build the 173-mile-long waterway.
07 Oct 2014
The Chinese government unveiled a six-year plan to develop the nation’s infrastructure and capacity, including a strategy to double the size of the port of Tianjin, in order to boost import and export flows and modernize its domestic supply chain.
Expansion of Zarubino port
07 Oct 2014
In cooperation with the Chinese government, Russian port logistics company Summa Group plans to complete a $100 million expansion of the Russian port of Zarubino in 2018, offering shippers better access to and from Northeast Asia.
06 Oct 2014
Bigger ships, and more of them, will be soon be able to call at the port of Tianjin after the Chinese government approved a plan to open up a larger portion of the port's waters to foreign cargo ships and add beths.
05 Oct 2014
The Shenzhen government could pay nearly all of the extra costs associated with switching to low-sulfur fuel while at berth in the city’s port as a result of a new government-sanctioned program.
Wooden bedroom furniture
03 Oct 2014
U.S. imports of wooden bedroom furniture by dollar value have increased for four consecutive quarters, driven by an ongoing recovery in the real estate market and falling national unemployment numbers...
03 Oct 2014
A coalition of soybean exporters urged the U.S. freight transportation industry Friday to invest in infrastructure, equipment and process improvements to maintain the role of the American farmer as the world’s preeminent supplier of soybeans.
03 Oct 2014
UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
01 Oct 2014
Two indices show Chinese manufacturing production rose in September at a time that factories would normally be powering down as demand to fill Western holiday orders wanes.
30 Sep 2014
Nearly $300 million in subsidies were given to four Chinese ship lines today, as the Chinese government begins to roll out parts of a six-year plan to update its shipping industry.
30 Sep 2014
The world’s top integrators are waiting to see how the recent ruling by China’s State Council to liberalize domestic package delivery will play out across the multibillion dollar market dominated by a multitude of small low-cost operators.