China

China

30 Jan 2015
On the eve of a host of planned general rate increases, Asia-North Europe spot rates tumbled 8.2 percent this week, shedding most of the sharp gains made since mid-January, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
24 Mar 2014
Fifteen years after China initiated its “Going Global” strategy, its trade with the major nations of South America has increased rapidly, and China has become an increasingly large purchaser of South American raw materials, and supplier of loans and investment capital.
Ocean carrier rate revision roundup for March 21
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
Hong Kong container port
19 Mar 2014
The port of Hong Kong, which is already losing container market share to rival Chinese ports, faces further “significant” decline in volume following the launch of the P3 Network alliance...
19 Mar 2014
Japan’s trade surplus with the U.S. narrowed for the first time in 14 months in February on a year-over-year basis, as imports grew at a much faster pace than exports...
Containers on dock
18 Mar 2014
A coalition of global shipper groups today urged the U.S. Federal Maritime Commission and European Commission to investigate the impact the P3 Network would have on price and service.
17 Mar 2014
The number of foreign trade containers handled by the Port of Nagoya in central Japan rose 1.5 percent in 2013 from a year earlier to 2.530 million TEUs...
17 Mar 2014
The stricter enforcement of Chinese forwarding regulations could force container lines to turn away business and force forwarders out of the market.
16 Mar 2014
SHANGHAI — Forwarders in China still can’t deduct freight payments of a value-added tax, even though Chinese officials provided additional guidelines earlier this year.
Port of Hong Kong
13 Mar 2014
The Port of Hong Kong got a much needed boost in its capacity to handle container mega-ships...
Mexico was the top market for U.S. pork exports by volume in January, although the No. 1 market in terms of value was Japan.
12 Mar 2014
U.S. red meat exports kicked off 2014 on a “positive note,” although market conditions suggest the year ahead could be “challenging,” according to statistics...