A software company that provides information on truck stops, weigh stations and other on-the-road services to U.S. truckers is attracting funding from an unusual source — China.
23 May 2014
Though containerized toy imports coming to the United States are down, the toy industry’s bottom line doesn’t seem to be hurting.
22 May 2014
The revenue from China’s fast-growing e-commerce business is masking a decline in the price per parcel that is expected to spur consolidation.
16 May 2014
The ports of Los Angeles and Long Beach, which combined handle more than 40 percent of U.S. container trade, both reported double-digit monthly container import growth in April.
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.