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.
08 Dec 2014
Singapore-based Global Logistic Properties took a break from its rapid China expansion to partner with GIC in acquiring one of the largest logistics real estate portfolios in the US for $8.1 billion.
04 Dec 2014
The U.S. Federal Maritime Commission said Wednesday that 15 trans-Pacific carriers have individually agreed to hold off on imposing U.S. West Coast port congestion surcharges until next year.
03 Dec 2014
Containerized imports of toys through U.S. ports have slipped in recent months but are poised to recover as demographic trends return to more normal patterns following the Great Recession.
03 Dec 2014
UTi Worldwide Inc. has created a strategic partnership with the largest auto logistics provider in China in a move that will position both companies for an expected increase in the exporting of finished vehicles to overseas markets.
02 Dec 2014
Low barriers to entry and soaring demand are stimulating fierce competition in China’s domestic courier business, but for half the companies in the market it will be a race to the bottom.
01 Dec 2014
A crushing defeat of Taiwan's ruling China-friendly Kuomintang (KMT) party at local elections late last week wasn’t enough to derail closer cross-strait trade links as Ningbo Port Group signed a cooperation agreement with the port-controlling Taiwan International Ports Corporation (TIPC).
30 Nov 2014
Manufacturing of labor intensive products has been migrating away from China in the past few years, much of it to neighbouring Vietnam, but that process appears to be speeding up, according to the latest reading of the HSBC purchasing manager’s index.
30 Nov 2014
The launching of China-Europe rail services on the southern route via Kazakhstan has been hogging the headlines recently, but moves are underway to further develop the northern link through Russia.
27 Nov 2014
A train pulling 82 wagons loaded with containers is somewhere between the Chinese manufacturing hub of Yiwu and the Spanish city of Madrid, 6,200 miles down the track.
25 Nov 2014
One potential consequence of the congestion at West Coast ports - a shortage of containers in Asia due to difficulties repositioning them back from the U.S. - is being watched closely but does not seem yet to be creating widespread problems.