A week after announcing its formation, a new shipper coalition in Shanghai lambasted container lines for focusing on price to the detriment of service.
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
13 May 2014
In 1988, when the Berlin Wall was still standing and Russia was still a part of the Soviet Union, McDonald’s opened its first restaurant in Moscow. The first of the chain’s restaurants to open inside a communist country, it drew crowds and global attention. Today, McDonald’s has 35,000 restaurants in more than 100 nations.
09 May 2014
The rapid growth in China’s e-commerce market, reflected in the hype surrounding the forthcoming U.S. IPO of Alibaba, is exposing an acute shortage of quality warehouse and distribution center space that developers and governments are rushing to address.
07 May 2014
U.S. containerized footwear imports plunged 22.4 percent year-over-year in the first quarter of 2014, according to statistics compiled by PIERS, the data division of the JOC Group.
02 May 2014
China’s relentless urbanization will likely keep imports of U.S. containerized logs and lumber brisk in the coming year.
27 Apr 2014
China Cosco Holdings scrapped 16 vessels in the first quarter as part of its company restructuring and fleet renewal program.
25 Apr 2014
The world’s top three container lines appear to have little visibility into whether Chinese regulators will join their U.S. and European counterparts in allowing the carriers’ P3 alliance to take effect.
25 Apr 2014
Multiple carriers have scheduled general rate increases in various trade lanes in May, June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continues.
24 Apr 2014
Thousands of workers at a Samsung factory near Shanghai demand compensation after learning the factory will relocate to Vietnam.
22 Apr 2014
Express delivery in China resulted in 2.6 billion deliveries in the first quarter, up 51.9 percent year-on-year, Xinhua reported.