China

China

19 Sep 2014
India and China signed 16 memorandums of understanding, including a five-year trade and economic cooperation plan, in a major attempt to address the growing trade imbalance between the two countries.
US Auto Part Imports. Source: PIERS
27 Sep 2013
Containers of auto parts imported through U.S. ports reached 220,366 20-foot containers in the second quarter of 2013, their highest volume since the JOC began collecting this data in January 2007. Imports were up year-over-year for a 15thstraight quarter, although it was the smallest rate of increase during this period.
20 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in September and October.
20 Sep 2013
The number of foreign trade containers handled by the Port of Nagoya in central Japan edged up 0.8 percent in the first half of this year from a year earlier to 1.226 million 20-foot equivalent units, according to preliminary figures released by the Nagoya municipal government.
Renminbi yuan
20 Sep 2013
China’s exporters could face even more intense pressure from rivals in Asia if the renminbi continues to strengthen, according to one analyst.
Shanghai Containerized Freight Index, U.S. West Coast, week ending Sept. 20, 2013. Source: Shanghai Shipping Exchange
20 Sep 2013
Spot container rates to the U.S. East and West Coasts measured by the Shanghai Containerized Freight Index fell slightly in the week ending Sept. 20. This marks the second straight week of declines in both lanes.
Shanghai Containerized Freight Index, Mediterranean, week ending Sept. 20, 2013. Source: Shanghai Shipping Exchange
20 Sep 2013
Spot container rates from Asia to Mediterranean ports measured by the Shanghai Containerized Freight Index eroded by $62 per 20-foot-equivalent unit during the week ending Sept.20. Rates fell below the $1,000 per TEU mark for the first time since the end of May.